Vivakor projects $270M in Q3 2026 revenue from crude oil marketing
Vivakor, Inc. (Nasdaq: VIVK) announced that its wholly owned subsidiary, Vivakor Supply & Trading, LLC (VST), is expected to generate approximately $270 million in unaudited revenue for the three months ending September 30, 2026, based on recurring physical crude oil marketing programs currently in place.
The company said VST generated approximately $40 million in revenue during the first six months of 2026. Combined with the Q3 projection, the company expects VST to generate approximately $313 million in revenue for the nine months ending September 30, 2026.
Vivakor noted that the Q3 revenue estimate is preliminary and unaudited, and is based on current contracted programs, expected volumes, and commodity pricing assumptions. The company cautioned that actual results may vary based on transaction timing, delivered volumes, commodity pricing, and other market conditions.
The company also clarified that the Q3 revenue guidance is distinct from previously announced annualized commercial activity figures, which represent the estimated annual value of physical crude oil sales based on current pricing and expected volumes. Gross profit from VST's physical crude oil marketing transactions will represent only a portion of recognized revenue.
"We are providing this guidance to give investors greater clarity into how our growing commercial activity is expected to translate into expected reported revenue," said James Ballengee, Chairman, President and Chief Executive Officer of Vivakor.
