Vivakor, Inc. (NASDAQ:VIVK) shares are trading higher by more than 200% on Tuesday following the announcement of significant expansions in its crude oil marketing platform.
The company is increasing its marketed volumes to 300,000 barrels per month (3.6 million barrels annually). This will aid in generating around $289 million in annualized commercial activity based on current market prices.
Stock Jumps On Crude Oil Marketing Expansion
Vivakor has executed four recurring physical crude oil purchase and sale transactions that will commence on August 1, 2026, and continue through July 31, 2027.
These agreements are projected to enhance the company’s recurring commercial programs to about $709 million in annualized activity, significantly boosting its operational capacity.
