Vivakor, Inc. (Nasdaq: VIVK) has raised its 2026 Supply & Trading outlook to $3.5 billion in annualized commercial activity, up from a current level of approximately $2.35 billion, according to a company statement.

The revised figure represents approximately $1.15 billion in additional annualized commercial activity above the platform's current level. Vivakor said its VST crude oil marketing platform has already reached 26.9 million barrels in annualized crude oil sales volume.

The company attributed the revised outlook to expansion of its physical crude oil marketing platform and a growing pipeline of commercial opportunities. Vivakor also cited heightened volatility in global crude oil markets tied to geopolitical uncertainty in the Middle East as a factor creating additional opportunities in key U.S. crude oil markets.

"Raising our outlook to $3.5 billion reflects the momentum we are seeing across VST and our confidence in the opportunities ahead," said James Ballengee, Chairman, President and Chief Executive Officer of Vivakor. "VST has already reached approximately $2.35 billion in annualized commercial activity, and we believe the combination of our expanding commercial pipeline, growing relationships and current market dynamics provides substantial opportunity to continue scaling the business."

Vivakor noted that consistent with standard physical commodity marketing transactions, VST recognizes only a small percentage of total contract value as gross profit, given its role as an intermediary in the physical crude oil supply chain. Gross profit will vary based on market conditions, commodity pricing, transaction structure, and delivered volumes.

The company said it intends to pursue the growth target through additional recurring physical crude oil volumes and continued expansion of commercial relationships.