Dallas, TX, Oct. 30, 2025 (GLOBE NEWSWIRE) — Vivakor, Inc. (Nasdaq: VIVK) (“Vivakor” or the “Company”), an integrated provider of energy transportation, storage, reuse, and remediation services, today announced that its commodities trading platform, Vivakor Supply & Trading (“VST”), in cooperation with its financing wholesaler, initiated its first major commodity transaction.
VST’s commodities operations are responsible for arranging transportation, logistics, and gathering operations for commodities purchased, as well as coordinating their sale to prospective buyers. The platform expects to leverage Vivakor’s midstream logistics capabilities, including its trucking fleet, network of crude oil stations and terminal facilities, and its gathering pipeline asset to optimize efficiency and market reach.
This first major transaction allows VST to commence active crude oil marketing operations in the Permian Basin, utilizing the Company’s trucking, tank storage, pipeline injection stations, and other midstream assets as an integrated service platform. The trading platform is expected to generate meaningful revenue contributions as volumes scale under long-term operational and credit facilities. Consistent with standard crude oil trade transactions, VST is expected to recognize approximately 1% of the contract value.
Vivakor Chairman, President and CEO James Ballengee commented: “The execution of Vivakor Supply & Trading’s first major $24 million crude oil transaction marks an important inflection point for our company. This milestone validates our strategy to integrate trading with our logistics and midstream assets, enhancing our ability to manage supply flows and capture additional value across the crude oil chain. It also reflects the growing confidence of our partners in Vivakor’s disciplined, asset-backed approach to growth.”
About Vivakor, Inc.
Vivakor, Inc. is an integrated provider of transportation, storage, reuse, and remediation services. 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, future reuse, and remediation services under long-term contracts. Vivakor’s oilfield waste remediation facilities will facilitate the recovery, reuse, and disposal of petroleum byproducts and oilfield waste products.
For more information, please visit our website: http://vivakor.com
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This news release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. Forward-looking statements may be identified but not limited by the use of the words “anticipates,” “expects,” “intends,” “plans,” “should,” “could,” “would,” “may,” “will,” “believes,” “estimates,” “potential,” or “continue” and variations or similar expressions. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including, but not limited to, fluctuations in global and regional oil and gas prices and markets, the risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect Vivakor, our ability to maintain the listing of our securities on The Nasdaq Capital Market , the parties failure to realize the anticipated benefits of pending transactions, disruption and volatility in the global currency, capital, and credit markets, changes in federal, local and foreign governmental regulation, changes in tax laws and liabilities, tariffs, legal, regulatory, political and economic risks, our ability to successfully develop products, rapid change in our markets, changes in demand for our future products, and general economic conditions.