Vivakor Inc. (NASDAQ: VIVK) announced it executed a recurring crude oil transaction through its commodities trading platform that extends through May 2027. The Dallas-based energy services company said the deal represents approximately $6 million in crude oil volume per month over a 12-month term.

The transaction includes associated transportation services and reflects the company's integrated platform strategy for moving volumes across its network. Vivakor operates energy transportation, storage, reuse and remediation services.

"This transaction reflects continued execution of our strategy to integrate logistics, infrastructure, and marketing activities," said James Ballengee, chairman, president and CEO. "We are seeing ongoing activity across key U.S. oil markets, particularly in core producing basins, which continues to support demand for efficient crude oil movement and marketing solutions."

The company said its supply and trading activities facilitate volumes across its platform to support broader commercial operations. On standard crude trades, Vivakor anticipates recognizing approximately 1% of the contract value.

Vivakor operates what it describes as one of the largest fleets of oilfield trucking services in the continental United States. The company's integrated facilities provide crude oil and produced water gathering, storage, transportation, reuse and remediation services under long-term contracts.

The announcement was made in a press release statement from the company.