US fuel distributor ARKO Petroleum (APC.US) plans to land on NASDAQ to raise $100 million

The Zhitong Finance App learned that ARKO Petroleum, which distributes fuel products to US gas stations, sub-wholesalers, and other buyer forces, submitted IPO documents to the US Securities and Exchange Commission (SEC) last Friday local time to raise up to 100 million US dollars through an initial public offering (IPO) in the US stock market.

According to information, ARKO Petroleum is a subsidiary of the listed company ARKO (NASDAQ: ARKO). The subsidiary's market position is a fuel distribution company; in the nine months ending September 30, 2025, it delivered about 1.5 billion gallons of fuel to gas stations, sub-wholesalers, and other buyers.

ARKO Petroleum operates three business segments: Wholesale (Wholesale) business — supplying fuel products to third party dealer gas stations and ARKO retail sites (ARKO Retail Sites) through long-term “cost addition” or “consignment type” contracts; Fleet Fueling (Fleet Fueling) business — operating its own and third-party cardlock fueling points and issuing exclusive fuel cards; and GPMP business — supplying fuel to retail outlets on a “cost plus” basis A fixed markup is charged.

The company is headquartered in Richmond, Virginia and was founded in 2022; it achieved revenue of approximately $5.7 billion in the 12 months ending September 30, 2025. The company plans to list and trade on the NASDAQ stock exchange in the US stock market under the stock code “APC”.

According to reports, UBS Investment Bank (UBS Investment Bank), Raymond James, Stifel, Mizuho Securities (Mizuho Securities), and Capital One Securities (Capital One Securities) are joint bookkeeping managers for ARKO Petroleum's current IPO transaction. The company has yet to disclose pricing terms.