Mergers & Acquisitions ·
ARKO Petroleum Corp. reported second quarter 2026 net income of $12.2 million and adjusted EBITDA of $39.8 million…
APCARKO Petroleum Corp.
ARKO Petroleum Corp. reported second quarter 2026 net income of $12.2 million and adjusted EBITDA of $39.8 million, reaffirming full-year guidance for approximately $156 million in adjusted EBITDA. The company announced an agreement to acquire U.S. Petroleum Partners, LLC for approximately $205 million in cash plus inventory costs and $30 million in escrowed stock contingent on performance targets. This acquisition is expected to add 400 dealer locations, increase annual fuel volumes by 14%, and contribute roughly $30 million in annual adjusted EBITDA. Additionally, the board declared a quarterly dividend of $0.50 per share, payable August 28, 2026 to record holders on August 18, 2026. ARKO Petroleum Corp. operates as one of the largest wholesale fuel distributors in the United States.