
VIVAKOR EXPANDS PHYSICAL CRUDE OIL MARKETING PLATFORM TO OVER $700 MILLION WITH FOUR NEW RECURRING COMMERCIAL TRANSACTIONS
GlobeNewsWire
Published: Jul 21, 2026, 01:15 PM
Sentiment Analysis
VIVAKOR EXPANDS PHYSICAL CRUDE OIL MARKETING PLATFORM TO OVER $700 MILLION WITH FOUR NEW RECURRING COMMERCIAL TRANSACTIONS
Four recurring transactions increase marketed volumes to 300,000 barrels per month (3.6 million barrels annually) and are expected to generate approximately $289 million in annualized commercial activity based on current market prices.
Vivakor, Inc. (Nasdaq: VIVK) ("Vivakor" or the "Company"), through its wholly owned subsidiary Vivakor Supply & Trading, LLC ("VST"), today announced the execution of four recurring physical crude oil purchase and sale transactions with two commercial counterparties. The transactions commence August 1, 2026, and continue through July 31, 2027, with month-to-month renewals thereafter.
The agreements expands VST's recurring physical crude oil marketing activities across the Cushing and Midland crude oil markets while broadening the Company's commercial counterparty relationships.
Following these transactions, Vivakor has announced recurring commercial programs representing approximately $709 million in annualized commercial activity and approximately 8.1 million barrels of annual marketed crude oil volumes, based on current market pricing assumptions.
These recurring commercial programs complement the Company's transportation, terminaling and storage operations.
"These agreements represent another important milestone for Vivakor Supply & Trading. They increase our recurring marketed volumes, broaden our commercial relationships and further demonstrate our ability to execute our strategy of integrating commodity marketing with our transportation, terminaling and storage assets. We believe continued execution of this strategy will create long-term value for our shareholders."
Consistent with standard physical commodity marketing transactions, VST only recognizes a small percentage of the total contract value as gross profit, reflecting its role as an intermediary in the physical crude oil supply chain. Accordingly, the gross profit recognized by VST will represent only a portion of the estimated commercial activity described above and will vary based on market conditions, commodity pricing, transaction structure and delivered volumes.
About Vivakor, Inc.
Vivakor, Inc. is an integrated provider of sustainable energy transportation, storage, reuse, and remediation services, operating one of the largest fleets of oilfield trucking services in the continental United States. Its corporate mission is to develop, acquire, accumulate, and operate assets, properties, and technologies in the energy sector. Vivakor’s integrated facilities assets provide crude oil, storage, transportation, reuse, and remediation services under long-term contracts. Once operational, Vivakor's interest in oilfield waste remediation facilities will facilitate the recovery, reuse, and disposal of petroleum byproducts and oilfield waste products.
Source: GlobeNewsWire
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