Arko Petroleum (APC) Prices $200M IPO at $18 per Share

Arko Petroleum Corp. priced its IPO at $18 per share, raising $200 million by selling 11.1 million shares, the bottom of its $18–$20 marketed range. The offering, led by UBS, Raymond James, and Stifel, is expected to trade Thursday on the Nasdaq under symbol APC. The fuel wholesaler, operating in over 30 U.S. states and serving more than 3,100 stations, has a pre-IPO market value of about $830 million. Financials for the three months ended Sept. 30, 2025: revenue $4.27 billion, net income $24.7 million; gallon volume 1.5 billion. Arko Corp. retains majority voting control, and the unit plans to pay a $0.50 quarterly dividend post-IPO.