$APC

Wall Street analysts issued upgrades, downgrades, and initiations for several companies. Abbott Laboratories (ABT) was upgraded to Buy with a $127 target, Airbnb (ABNB) to Overweight with a $191 target, and Cerebras Systems (CBRS) to Buy with a $209 target. Downgrades included Edison International (EIX) to Underperform with a $42 target and Northrop Grumman (NOC) to Sector Perform with a $525 target. Coinbase Global (COIN) was initiated with an Equal Weight rating and a $200 target.

Mizuho upgraded ARKO Petroleum (ARKO) to Outperform with a $22.00 price target, citing a 30% share decline since May and a 13.3% yield. The firm views the pullback as overdone and expects margin improvements. ARKO reported Q2 profit growth but shares fell on softer cash flow and unchanged guidance.

Blackstone Holdings I L.P. sold 125,000 indirectly-held shares of ARKO Petroleum Corp. (APC) at an average of $16.40 ($16.40–$17.02, $2.05M total) across 2 trades over 2026-09-24 to 2026-09-25. Filed jointly with Blackstone Holdings I/II GP L.L.C. (10% owner), Blackstone Inc. (10% owner), Blackstone Group Management L.L.C. (10% owner) and SCHWARZMAN STEPHEN A (10% owner).

ARKO Petroleum (APC) held its Q2 2026 earnings call. Net income rose to $12.2M from $10.0M, adjusted EBITDA to $39.8M (+4%), and discretionary cash flow to $27.1M (+12%), while operating cash flow fell to $10.4M. APC reaffirmed 2026 guidance and agreed to buy U.S. Petroleum Partners for $205M cash plus an earn-out.

ARKO Corp. (Nasdaq: ARKO) reported Q2 2026 results for the quarter ended June 30, 2026, with net income of $9.4M versus $20.1M a year earlier, and adjusted EBITDA of $72.0M versus $76.9M. It reaffirmed full-year guidance and declared a $0.03/share dividend. Its subsidiary ARKO Petroleum (Nasdaq: APC) agreed to acquire US Petroleum Partners for $205M cash plus inventory and expects 280M gallons added and about $30M annualized adjusted EBITDA.

ARKO Corp. (ARKO) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 ARKO Corp. Reports Second Quarter 2026 Results ~ Subsidiary Signs Agreement to Acquire a Vertically Integrated Fuel Supply and Distribution Platform ~ ARKO Corp. (Nasdaq: ARKO) (“ARKO” or the “Company"), one of the largest operators of convenience stores and wholesal

ARKO Petroleum Corp. (APC) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 ARKO Petroleum Corp. Reports Second Quarter 2026 Results ~ Signs Agreement to Acquire a Vertically Integrated Fuel Supply and Distribution Platform ~ ARKO Petroleum Corp. (Nasdaq: APC) (“APC” or the “Company”), one of the largest wholesale fuel distributors in the Un

ARKO Petroleum Corp. (APC) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01 Entry into a Material Definitive Agreement. On August 4, 2026, ARKO Petroleum Corp., a Delaware corporation (the “Company”), together with certain of its subsidiaries (collectively, “Buyer”), entered into an Asset Purchase Agreement (the “Purchase Agreement”) with Midwe

Canada’s federal government is moving to designate a proposed West Coast oil pipeline as a “national interest” project under the Building Canada Act, which would fast-track approvals and limit some environmental reviews. A Canada Gazette notice sets a Sept. 18 comment deadline. The pipeline, about 1,250 km, would be owned by Trans Mountain, APMP and Pembina. Pembina holds 10% with an option for more.

Alberta submitted a proposed southern West Coast oil pipeline route to Canada’s Major Projects Office on July 2, seeking potential designation as a project of national interest under the Building Canada Act. Listing would speed review but not authorize construction. The route would move about 1 million barrels per day along a 1,250 km corridor largely following the Trans Mountain path, with estimated cost $35.2B to $43.7B.