Vivakor raises crude oil marketing platform guidance to $1.5B annually
Vivakor, Inc. (Nasdaq: VIVK) announced the execution of two additional long-term recurring physical crude oil marketing programs through its subsidiary Vivakor Supply & Trading, LLC, according to a press release dated July 29, 2026.
The new programs consist of recurring physical crude oil purchase and sale transactions totaling approximately 500,000 barrels per month, bringing the company's total announced recurring commercial marketing platform to approximately 1.54 million barrels per month, or approximately 18.4 million barrels annually.
The two new agreements are expected to generate approximately $400 million in additional annualized commercial activity, raising Vivakor's total announced platform to approximately $1.5 billion in annualized commercial activity. The company noted that actual commercial activity will vary based on commodity prices, market differentials, delivered volumes, and timing. The programs run from August 1, 2026 through July 31, 2027.
James Ballengee, Chairman and Chief Executive Officer of Vivakor, said: "In just a matter of weeks, we've expanded our announced commercial marketing platform from approximately $700 million to approximately $1.5 billion in annualized commercial activity."
Vivakor noted that, consistent with standard physical commodity marketing transactions, its subsidiary only recognizes a small percentage of the total contract value as gross profit, reflecting its role as an intermediary in the physical crude oil supply chain.
