Arko Petroleum Corp. reported second quarter 2026 results that significantly exceeded revenue estimates while missing on the bottom line. The company notably announced a definitive agreement to acquire U.S. Petroleum Partners (USPP) for approximately $235 million, a move intended to vertically integrate its fuel supply and expand its Great Lakes region footprint.

Key Highlights

  • The announced USPP acquisition is expected to add 280 million annual fuel gallons and approximately $30 million in annual Adjusted EBITDA.
  • Net income for the quarter rose to $12.2 million from $10.0 million YoY, supported by growth in operating income across all three business segments.
  • The strategic dealerization program saw 21 retail store conversions in the quarter, bringing the total to 471 sites since inception in 2024.
  • Fuel supply locations saw margins expand by 1.3 cents per gallon to 7.6 cents, primarily due to increased prompt pay discounts on higher fuel costs.