ARKO Corp. (Nasdaq: ARKO) is a Fortune 500 company that owns 100% of GPM Investments, LLC and is one of the largest operators of convenience stores and wholesalers of fuel in the United States. Based in Richmond, VA, we operate A Family of Community Brands that offer delicious, prepared foods, beer, snacks, candy, hot and cold beverages, and multiple popular quick serve restaurant brands. Our high value fas REWARDS® loyalty program offers exclusive savings on merchandise and gas. We operate in four reportable segments: retail, which includes convenience stores selling merchandise and fuel products to retail customers; wholesale, which supplies fuel to independent dealers and consignment agents; GPM Petroleum, which sells and supplies fuel to our retail and wholesale sites and charges a fixed fee, primarily to our fleet fueling sites; and fleet fueling, which includes the operation of proprietary and third-party cardlock locations, and issuance of proprietary fuel cards that provide customers access to a nationwide network of fueling sites. To learn more about GPM stores, visit: www.gpminvestments.com. To learn more about ARKO, visit: www.arkocorp.com.
Company profile
Ticker
ARKO, ARKOW
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Makamer ...
SEC CIK
Corporate docs
Subsidiaries
A.C.S. Stores, Ltd. • Admiral Real Estate I, LLC • Arko 21, LLC • Arko Convenience Stores, LLC • ARKO HOLDINGS Ltd. • Arko Properties (Israel) Limited Partnership • ARKO Real Estate (Israel) Ltd. • Broyles Hospitality, LLC • Colonial Pantry Holdings, LLC • E Cig Licensing, LLC ...
IRS number
852784337
Latest filings (excl ownership)
8-K
ARKO Corp. Reports Third Quarter 2023 Results
6 Nov 23
10-Q
2023 Q3
Quarterly report
6 Nov 23
8-K
ARKO Corp. Reports Second Quarter 2023 Results
7 Aug 23
10-Q
2023 Q2
Quarterly report
7 Aug 23
8-K
Departure of Directors or Certain Officers
9 Jun 23
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
2 Jun 23
8-K/A
Consolidated Financial Statements and Report of Independent Certified Public Accountants
17 May 23
8-K
Regulation FD Disclosure
16 May 23
10-Q
2023 Q1
Quarterly report
8 May 23
8-K
ARKO Corp. Reports First Quarter 2023 Results
8 May 23
Financial summary
| Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 220.44 mm | 220.44 mm | 220.44 mm | 220.44 mm | 220.44 mm | 220.44 mm |
| Cash burn (monthly) | 4.95 mm | 6.43 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 10.82 mm | 14.06 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 209.62 mm | 206.38 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 42.4 | 32.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
92.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 112 |
| Opened positions | 19 |
| Closed positions | 15 |
| Increased positions | 43 |
| Reduced positions | 23 |
| 13F shares | Current |
|---|---|
| Total value | 506.75 bn |
| Total shares | 107.69 mm |
| Total puts | 15.90 k |
| Total calls | 150.71 k |
| Total put/call ratio | 0.1 |
| Largest owners | Shares | Value |
|---|---|---|
| Davidson Kempner Capital Management | 23.67 mm | $165.55 bn |
| HP Holding LLC f/k/a ISTM Associates | 10.24 mm | $73.23 bn |
| Harvest Partners Structured Capital Fund | 10.24 mm | $0.00 |
| Arie Kotler | 9.45 mm | $0.00 |
| PXGPE Phoenix | 7.25 mm | $46.35 bn |
| Vilna | 6.21 mm | $64.00 mm |
| BLK Blackrock | 5.85 mm | $41.81 bn |
| IVZ Invesco | 3.78 mm | $27.02 bn |
| LMR Partners | 3.74 mm | $4.01 bn |
| Vanguard | 3.63 mm | $25.93 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Oct 23 | Heyer Steven J | RSU Common Stock, par value $0.0001 per share | Grant | Acquire A | No | No | 0 | 4,020 | 0.00 | 59,724 |
| 1 Oct 23 | Avram Z Friedman | RSU Common Stock, par value $0.0001 per share | Grant | Acquire A | No | No | 0 | 3,496 | 0.00 | 19,250 |
| 1 Oct 23 | Heyer Andrew R | RSU Common Stock, par value $0.0001 per share | Grant | Acquire A | No | No | 0 | 4,020 | 0.00 | 55,369 |
| 1 Oct 23 | Morris Willner | RSU Common Stock, par value $0.0001 per share | Grant | Acquire A | No | No | 0 | 2,622 | 0.00 | 50,300 |
| 1 Oct 23 | Gade Michael J | RSU Common Stock, par value $0.0001 per share | Grant | Acquire A | No | No | 0 | 2,360 | 0.00 | 65,624 |
News
BMO Capital Downgrades ARKO to Market Perform, Lowers Price Target to $8
14 Nov 23
Wells Fargo Maintains Equal-Weight on ARKO, Lowers Price Target to $7.75
8 Nov 23
ARKO Q3 2023 EPS $0.17 Beats $0.13 Estimate, Sales $2.62B Beat $2.48B Estimate
6 Nov 23
Earnings Scheduled For November 6, 2023
6 Nov 23
Preview: ARKO's Earnings
3 Nov 23
Press releases
ARKO Corp. Reports Third Quarter 2023 Results
6 Nov 23
ARKO to Report Third Quarter 2023 Financial Results on November 6, 2023
24 Oct 23
Richard Guidry Named Senior Vice President of Food Service at GPM Investments, LLC
3 Oct 23
Near Intelligence's Board Grows Stronger with Key Appointments
25 Sep 23