Vivakor, Inc. (NASDAQ:VIVK) on Thursday disclosed that its commodities trading platform, Vivakor Supply & Trading, penned a recurring one-year crude oil transaction.
Details
The transaction entails around 100,000 barrels of crude oil per month through the Cushing Terminal.
The one-year arrangement will span from June 1, 2026, to May 31, 2027. It represents an estimated $9 million per month, or about $108 million annualized, based on current market pricing.
Through its trading and supply operations, the company plans to broaden its capabilities in sourcing, marketing, transporting, and managing crude volumes, driving higher asset utilization, improving network integration, and enhancing value generation across major U.S. production basins.
