Arko Petroleum completes acquisition of U.S. Petroleum Partners business

Bitget2026/11/11 12:04

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Arko Petroleum completed its acquisition of U.S. Petroleum Partners' business on November 10, 2026.
Payment comprised approximately $200 million cash, inventory value and 2 million shares of Class A common stock worth approximately $30 million.
The acquired business is expected to contribute approximately $30 million in annualized adjusted EBITDA.
The deal adds approximately 280 million gallons of annual fuel volume, increasing volumes by approximately 14%.
Post-acquisition net debt to adjusted EBITDA is expected at 3.0–3.5 times, within the previously communicated range of 3.0–4.0 times.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arko Petroleum Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611110700PRIMZONEFULLFEED9875108) on November 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Arko Petroleum completes acquisition of U.S. Petroleum Partners business

You may also like

Crypto prices