Cushing Asset Management reported 715,000 shares in ARKO Petroleum (NYSE: APC)

Rhea-AI Filing Summary

ARKO Petroleum Corp. reports a Schedule 13G filing showing Cushing Asset Management, LP dba NXG Investment Management beneficially owns 715,000 Class A Common shares, representing 6.4% of the class.

The filing states Cushing holds sole voting and dispositive power over the 715,000 shares and notes the position arises from investment advisory relationships while disclaiming beneficial ownership.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

ARKO Petroleum Corp.

(Name of Issuer)

Class A Common

(Title of Class of Securities)

04124A100

(CUSIP Number)

02/12/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 04124A100

1

Names of Reporting Persons

CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

TEXAS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 715,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 715,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

715,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.4 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ARKO Petroleum Corp.
(b)	Address of issuer's principal executive offices: 8565 MAGELLAN PKWY., STE 400, RICHMOND, VIRGINIA, 23227.
Item 2.
(a)	Name of person filing: Cushing Asset Management, LP dba NXG Investment Management
(b)	Address or principal business office or, if none, residence: One Energy Square, 4925 Greenville Avenue, Suite 1310, Dallas, TX 75206
(c)	Citizenship: Texas
(d)	Title of class of securities: Class A Common
(e)	CUSIP No.: 04124A100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 715,000
(b)	Percent of class: 6.4%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 715,000
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 715,000
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. By reason of investment advisory relationships with the entities who own the shares, Cushing Asset Management, LP dba NXG Investment Management may be deemed to be the beneficial owner of the reported shares of the Issuer's common stock. Cushing Asset Management, LP dba NXG Investment Management disclaims beneficial ownership of the reported shares of the Issuer's common stock.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT

Signature:	Brad Mead
Name/Title:	Chief Compliance Officer
Date:	02/20/2026

FAQ

What stake does Cushing Asset Management report in ARKO Petroleum (APC)?

Cushing Asset Management reports beneficial ownership of 715,000 Class A Common shares, equal to 6.4% of the class. The filing lists sole voting and dispositive power for all 715,000 shares.

Does Cushing claim to be the beneficial owner of APC shares?

The filing states the position may be deemed beneficial due to advisory relationships, but Cushing disclaims beneficial ownership of the reported shares in the Schedule 13G text.

What voting and dispositive powers are reported for the APC position?

The Schedule 13G shows sole voting power 715,000 and sole dispositive power 715,000, with 0 shared voting or dispositive power reported.

When was the Schedule 13G for APC signed and by whom?

The filing is signed by Brad Mead, Chief Compliance Officer, with a signature date of 02/20/2026 and the reported CUSIP is 04124A100 for Class A Common.

How might this 6.4% position affect ARKO Petroleum (APC)?

The filing documents a >5% stake of 715,000 shares (6.4%), a disclosure-level holding; any market or governance impact depends on future filings or transactions not detailed in this excerpt.