The Empire strikes black gold: Empire Petroleum Partners LP files for a $100 million IPO

Empire Petroleum Partners LP, which distributes motor fuel to over 1,300 gas stations, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.

Its initial filing follows that of close peer GPM Petroleum LP (GPMP), which filed to raise $100 million in mid-April.

The Dallas, TX-based company, which was founded in 2014 and booked $1.5 billion in sales ($50 million gross profit) for the fiscal year ended December 31, 2014, plans to list on the NYSE under the symbol EPLP. Barclays and Wells Fargo Securities are the joint bookrunners on the deal. No pricing terms were disclosed.