News
ARKO
5.70
+3.64%
0.20
ARKO Says It Negotiated Improved Payment Terms on TEG Acquisition -- OPIS
ARKO Corp. Says it has negotiated improved deferred payment terms on a 2023 deal to acquire assets of Transit Energy Group. ARKO in March 2023 bought 135 c-stores and retail fuel stations for $370 million. $50 million was deferred and payable in two annual payments of $25 million. The company says it can now buy back the shares at a 22.6% discount to their value.
Dow Jones · 18h ago
ARKO Corp. Negotiates Enhanced Value for Stockholders in Final Payment for TEG Acquisition
ARKO Corp. Is a Fortune 500 company and one of the largest convenience store operators in the United States. The Company has negotiated improved deferred payment terms and value related to the Company's previously reported acquisition of the assets of Transit Energy Group and its affiliates.
Benzinga · 1d ago
Press Release: ARKO Corp. Negotiates Enhanced Value for Stockholders in Final Payment for TEG Acquisition
ARKO Corp. Negotiates Enhanced Value for Stockholders in Final Payment for TEG Acquisition. The Company has negotiated improved deferred payment terms and value related to the Company's previously reported acquisition of the assets of Transit Energy Group and its affiliates. On March 1, 2024, ARKO closed on the acquisition of 135 convenience stores and gas stations.
Dow Jones · 1d ago
Arko: Beware Heavy Debt Load
Arko Corp.'s shares have declined a further 26% since March 2023. The company is the sixth-largest operator of convenience stores in the U.S. The main cause of Arko's weak stock performance has been retail fuel volumes, which continues to contract significantly. Arko has a heavily levered balance sheet that is not well-suited for the high interest rate environment.
Seeking Alpha · 2d ago
Weekly Report: what happened at ARKO last week (0318-0322)?
Weekly Report · 4d ago
ARKO Corp. Subsidiary to Open New Fast Market Store in Gilbert, Arizona
ARKO's subsidiary GPM broke ground with a New To Industry Fast Market branded location in Gilbert Arizona. The location is scheduled to open later this year. ARKO is a Fortune 500 company and one of the largest convenience store operators in the U.S.
Barchart · 03/18 16:00
Weekly Report: what happened at ARKO last week (0311-0315)?
Weekly Report · 03/18 11:23
Consumer Sector Update for 03/11/2024: CHH, WH, AMZN, ARKO, XLP, XLY
NASDAQ · 03/11 13:19
Weekly Report: what happened at ARKO last week (0304-0308)?
Weekly Report · 03/11 11:20
Arko files for automatic mixed securities shelf
Seeking Alpha · 03/08 21:32
Analysts Conflicted on These Consumer Cyclical Names: GrowGeneration (GRWG) and ARKO Corp (ARKO)
TipRanks · 03/07 02:20
Top 5 Consumer Stocks You'll Regret Missing This Quarter
The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its weakness. Arko Corp. Is one of the major oversold players in this sector.
Benzinga · 03/05 12:53
Weekly Report: what happened at ARKO last week (0226-0301)?
Weekly Report · 03/04 11:23
ARKO Corp. Announces Participation in Raymond James 45th Annual Institutional Investors Conference
ARKO Corp. Will present at the Raymond James & Associates 45th Annual Institutional Investors Conference on March 4, 2024. ARKO is a Fortune 500 company and one of the largest convenience store operators in the United States. The conference will be held in New York City.
Barchart · 02/29 15:44
Arko Price Target Cut to $7.00/Share From $8.00 by BMO Capital
Dow Jones · 02/29 13:28
BMO Capital Maintains Market Perform on ARKO, Lowers Price Target to $7
Benzinga · 02/29 13:18
Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: ARKO Corp (ARKO) and TJX Companies (TJX)
TipRanks · 02/29 12:32
Arko Chief Says Fuel Marketer to Focus on Organic Growth in 2024 -- OPIS
Arko Corp. Has made 25 acquisitions since 2013 and five in the last 18 months. The company has 1,543 retail stores in more than 30 states. Arko sold about 279 million gal of fuel in the fourth quarter. CEO says Arko will stress organic growth over acquisitions this year.
Dow Jones · 02/28 22:47
12 Consumer Discretionary Stocks Moving In Wednesday's Intraday Session
J-Long Group (NASDAQ:JL) shares increased by 48.6% to $23.95 during Wednesday's regular session. The company's, Q4 earnings report came out today. Qurate Retail and Delta Apparel also moved upwards. Sonder Holdings stock declined by 26.1% during the day.
Benzinga · 02/28 17:31
ARKO Down Nearly 16%, on Track for Record Low Close and Record Percent Decrease -- Data Talk
ARKO Corp ( ARKO ) is currently at $6.72, down $1.27 or 15.89%. Down 13.85% month-to-date; on pace for worst month on record. Down 40.69% from its all-time high of $11.33.
Dow Jones · 02/28 17:06
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About ARKO
Arko Corp. is an independent convenience store operator. The Company operates through four segments: Retail Segment, Wholesale Segment, Fleet Fueling Segment, and GPMP Segment. The Retail segment includes the operation of a chain of retail stores, which includes convenience stores selling fuel products and other merchandise to retail customers. The Wholesale segment supplies fuel to dealers, on either a consignment or cost-plus basis. The Fleet Fueling segment 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. The GPMP segment includes the operations of GPM Petroleum LP (GPMP), which primarily sells and supplies fuel to GPM. It operates its stores under more than 25 regional store brands, including 1-Stop, Admiral, Apple Market, BreadBox, Corner Mart, Dixie Mart, ExpressStop, E-Z Mart, fastmarket, Flash Market, Handy Mart, Jetz, Jiffi Stop, and others.