World Kinect (NYSE:WKC) Q4 2025 Earnings call February 19, 2026 05:00 PM ET Speaker4Thank you for standing by, and welcome to World Kinect Corporation's fourth quarter 2025 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. To ask a question during this session. To remove yourself from the queue. I would now like to hand the call over to Braulio Medrano, Senior Director of FP&A and Investor Relation ...

Fourth Quarter 2025 Earnings Call February 19, 2026 © Copyright 2026 World Kinect Corporation. Proprietary & Confidential. All Rights Reserved. 1 Disclaimer and Cautionary Note Regarding Forward-Looking Statements Certain statements, including comments about World Kinect Corporation's expectations regarding future plans, performance and acquisitions are forward-looking statements that are subject to a range of uncertainties and risks that could cause World Kinect's actual results to materially differ from t ...

Core Viewpoint - Sunoco LP reported fourth-quarter earnings that significantly missed analyst expectations despite exceeding revenue forecasts [1] Financial Performance - The company recorded a net income of $97 million and adjusted earnings per share of $0.09, which fell short of the $1.52 consensus estimate [1] - Revenue for the quarter reached $8.6 billion, surpassing the forecast of $5.93 billion [1] - Adjusted EBITDA totaled $646 million, or $706 million excluding one-time transaction-related costs [1] Acquisition Impact - The results were influenced by Sunoco's acquisition of Parkland Corporation, which was completed on October 31, 2025 [2] - During the quarter, Sunoco sold approximately 3.3 billion gallons of fuel at a margin of 17.7 cents per gallon [2] Cash Flow and Distribution - Adjusted Distributable Cash Flow increased to $442 million, compared to $261 million in the fourth quarter of 2024 [3] - The company raised its quarterly distribution by 1.25% to $0.9317 per common unit and aims for annual distribution growth of at least 5% in 2026 [3] - Sunoco achieved its long-term leverage target of approximately four times and marked its eighth consecutive year of growth in Distributable Cash Flow per common unit [2]

Achieved record adjusted EBITDA of $2,120,000,000 for 2025, driven by the successful integration of NuStar and the initial two-month contribution from the Parkland acquisition. Expanded the operational footprint to 32 countries, transitioning from a U.S.-centric model to the largest independent fuel distributor in the Americas with new scale in Canada, the Caribbean, and Europe. Attributed fuel distribution outperformance to a 'gross profit optimization' playbook, which successfully grew legacy volume ...

RICHMOND, Va., Feb. 17, 2026 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (“ARKO”) and ARKO Petroleum Corp. (Nasdaq: APC) (“APC”), today announced the closing on February 13, 2026 of APC’s initial public offering (the “IPO”) of 11,111,111 shares of its Class A common stock at a price to the public at $18.00 per share (the “IPO Price”). In addition, APC has granted the underwriters a 30-day option to purchase up to an additional 1,666,666 shares of APC’s Class A common stock to cover over-allotments, if any ...

This story was originally published on C-Store Dive. To receive daily news and insights, subscribe to our free daily C-Store Dive newsletter. Dive Brief: Arko has taken its wholesale fuel distribution business public in an IPO that raised around $200 million, the company announced this week. Arie Kotler, Arko’s president, chairman and CEO, rang the opening bell on Thursday at the Nasdaq MarketSite in New York City to commence the IPO for Arko Petroleum Corp., which now operates separately from Arko’s c- ...

Core Viewpoint - ARKO Petroleum shares experienced a decline of 1.4% during their debut on the Nasdaq, leading to a valuation of $807.63 million, as investor concerns about market volatility impact new stock performance [1]. Company Summary - ARKO Petroleum's shares opened at $17.75, slightly below the IPO price of $18, which was set during an upsized offering of 11.11 million shares to raise $200 million [1]. - The recent volatility in the market has made investors cautious, affecting the performance of newly listed companies, including ARKO Petroleum [1]. Industry Context - There is a notable trend of increased activity in the U.S. IPO pipeline, driven by pent-up demand for public market access, despite recent market fluctuations [1]. - Other companies that went public recently, such as York Space Systems and Ethos Technologies, are trading below their IPO prices, indicating a broader concern among investors regarding post-listing performance [1].

Core Viewpoint - ARKO Corp. and its subsidiary ARKO Petroleum Corp. have announced the pricing of APC's initial public offering (IPO) at $18.00 per share, with trading expected to commence on February 12, 2026 [1] Company Overview - ARKO Corp. is a Fortune 500 company and one of the largest operators of convenience stores and fuel wholesalers in the United States, operating in four segments: retail, wholesale, fleet fueling, and GPM Petroleum [6] - ARKO Petroleum Corp. is a growth-oriented fuel distribution company and one of the largest wholesale fuel distributors by gallons in North America, serving customers in over 30 states [7] IPO Details - The IPO consists of 11,111,111 shares of Class A common stock, with an option for underwriters to purchase an additional 1,666,666 shares [1] - Upon completion of the IPO, ARKO is expected to own 35,000,000 shares of APC's Class B common stock, representing 75.9% of economic interests and 94.0% of combined voting power [2] - The IPO is being managed by UBS Investment Bank, Raymond James, and Stifel as lead book-running managers, with Mizuho and Capital One Securities as joint book-running managers [3] Regulatory Information - A registration statement on Form S-1 was declared effective by the U.S. Securities and Exchange Commission on February 11, 2026 [4]

Group 1 - Sunoco acquired Parkland Corp. for $9.1 billion in 2025, gaining over 3,600 retail sites in North America, including nearly 700 convenience stores in the U.S. [3] - Instead of selling the retail locations, Sunoco is expanding its retail presence, as evidenced by its recent acquisition of Duck Thru, which focuses solely on retail locations [4][7] - The Duck Thru acquisition includes 56 stores located in eastern North Carolina and southeast Virginia, which will be integrated into Sunoco Retail [7] Group 2 - Jernigan Oil Company, which began as a farm machinery business in 1948, plans to reinvest the proceeds from the sale of Duck Thru into its other business operations, including propane distribution and fuels transportation [5] - The acquisition of Pops Mart earlier in the year, which included 36 stores and a wholesale business, further demonstrates Sunoco's commitment to expanding its convenience store portfolio [4][7]

Group 1: Recent IPOs - A total of 16 new stocks were listed last week, including 7 SPACs [1] - VeraDermics (MANE) raised $256 million by issuing 15.08 million shares at $17 per share [1] - Forgent Power Solutions (FPS) raised $1.512 billion by issuing 56 million shares at $27 per share [1] - Bob's Discount Furniture (BOBS) raised $331 million by issuing 19.45 million shares at $17 per share [1] - Eikon Therapeutics (EIKN) raised $381 million by issuing 21.78 million shares at $18 per share, increasing its original planned issuance [1] - SpyGlass Pharma (SGP) raised $150 million by issuing 9.38 million shares at $16 per share [1] - Once Upon a Farm (OFRM) raised $198 million by issuing 11 million shares at $18 per share [1] - AgomAb Therapeutics (AGMB) raised $200 million by issuing 12.5 million shares at $16 per share [1] - Several SPACs also raised funds, with amounts ranging from $100 million to $260 million [2] Group 2: Upcoming IPOs - AGI Inc, a financial services provider, plans to go public on February 11, 2026, on the NYSE under the ticker AGBK, aiming to raise approximately $786 million by issuing 43.64 million shares at $15 to $18 per share [3] - SOLV Energy, Inc., a solar project developer, plans to go public on February 11, 2026, on NASDAQ under the ticker MWH, aiming to raise approximately $513 million by issuing 20.5 million shares at $22 to $25 per share [5] - ARKO Petroleum Corp., a fuel distributor, plans to go public on February 12, 2026, on NASDAQ under the ticker APC, aiming to raise approximately $210 million by issuing 10.5 million shares at $18 to $20 per share [5] - Clear Street Group Inc., a fintech platform, plans to go public on February 13, 2026, on NASDAQ under the ticker CLRS, aiming to raise approximately $1.048 billion by issuing 23.81 million shares at $40 to $44 per share [8]