EXCLUSIVE: Vivakor Expands Revenue Opportunity With New Cushing Crude Oil Deal

Read Also: Vivakor Launches Strategic Processing Center Venture

Vivakor, Inc. (NASDAQ:VIVK), an vigor infrastructure company, announced Thursday a caller recurring Cushing crude lipid transaction that lifts its annualized contracted gross opportunities to astir $420 million.

Cushing Deal Details

Vivakor Supply & Trading, LLC entered into an statement covering astir 100,000 barrels of WTI crude lipid per period done the Enterprise Products Cushing Terminal.

The woody is expected to tally from August 2026 done July 2027.

Based connected expected volumes and existent marketplace pricing, Vivakor expects the transaction to make astir $7.5 cardinal per month, oregon astir $90 cardinal successful annualized gross revenue.

Revenue Opportunity

Vivakor said the statement expands its recurring enactment successful Cushing, a cardinal North American crude lipid trading hub, and advances its extremity of gathering a level susceptible of supporting much than $1 cardinal successful annualized commercialized activity.

Since the commencement of 2026, Vivakor has announced recurring crude lipid selling and proviso agreements crossed Cushing, the Bakken, and the Permian Basin.

The lipid integrated facilities relation noted that VST mostly recognizes lone a tiny percent of full declaration worth arsenic gross due to the fact that it acts arsenic an intermediary successful the carnal commodity proviso chain.

Actual gross volition beryllium connected marketplace conditions, commodity pricing, transaction structure, and delivered volumes.

CEO Commentary

"This transaction further strengthens our commercialized beingness successful 1 of North America's astir important crude lipid trading hubs," said James Ballengee, president and CEO of Vivakor.

Ballengee said the institution is making "meaningful progress" toward its $1 cardinal annualized commercialized enactment people and said the momentum reflects the scalability of Vivakor's concern exemplary and integrated infrastructure network.

What Does Vivakor Do?

Vivakor is an operator, acquirer and developer of technologies and assets successful the lipid and state industry, on with related biology solutions. The institution focuses connected crude lipid gathering, storage, and proscription facilities, and it besides provides contaminated ungraded remediation services.

Vivakor's integrated facilities assets supply crude oil, storage, transportation, reuse, and remediation services nether semipermanent contracts.

Once operational, Vivakor's involvement successful oilfield discarded remediation facilities volition facilitate the recovery, reuse, and disposal of petroleum byproducts and oilfield discarded products.

VIVK Price Action: Vivakor shares were down 3.18% astatine $0.40 during premarket trading connected Thursday. The banal is trading adjacent its 52-week debased of $0.37, according to Benzinga Pro data.