Vivakor entered a non-binding LOI to acquire Direct Midstream for a $40 million gross purchase price, payable in cash and stock, significantly enhancing its Permian Basin operations.
VIVK news
Latest 6 stories · newest Oct 9, 2026
Vivakor postponed the Special Dividend of Adapti shares to January 2027 to secure regulatory compliance, with participation contingent on a stock dividend reinvestment plan described in a related filing.
Vivakor executed two new recurring physical crude oil programs at Cushing and Midland terminals, increasing estimated annualized commercial activity to more than $1.09 billion and expanding its physical crude oil marketing platform. The event highlights the company's continued strategic growth and e…
Vivakor's Supply & Trading subsidiary entered a one-year recurring crude oil deal covering 120,000 barrels monthly starting July 1, 2026, leveraging its North Dakota pipeline infrastructure. The transaction expands the company's 2026 contracted revenue to approximately $269 million annualized, demon…
Vivakor reported Q1 2026 revenue of $19.5 million, down from $37.3 million year-over-year due to 2025 divestitures, but gross profit increased 20% to $5.7 million with margin expansion to 29.4%. The results reflect management's strategic shift toward higher-margin midstream and trading operations, w…
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