Vivakor’s Vivakor Supply & Trading initiates first commodity transaction

Vivakor (VIVK) announced that its commodities trading platform, Vivakor Supply & Trading, in cooperation with its financing wholesaler, initiated its first major commodity transaction. VST’s commodities operations are responsible for arranging transportation, logistics, and gathering operations for commodities purchased, as well as coordinating their sale to prospective buyers. The platform expects to leverage Vivakor’s midstream logistics capabilities, including its trucking fleet, network of crude oil stations and terminal facilities, and its gathering pipeline asset to optimize efficiency and market reach. This first major transaction allows VST to commence active crude oil marketing operations in the Permian Basin, utilizing the Company’s trucking, tank storage, pipeline injection stations, and other midstream assets as an integrated service platform. The trading platform is expected to generate meaningful revenue contributions as volumes scale under long-term operational and credit facilities. Consistent with standard crude oil trade transactions, VST is expected to recognize approximately 1% of the contract value. Vivakor CEO James Ballengee commented: “The execution of Vivakor Supply & Trading’s first major $24M crude oil transaction marks an important inflection point for our company. This milestone validates our strategy to integrate trading with our logistics and midstream assets, enhancing our ability to manage supply flows and capture additional value across the crude oil chain. It also reflects the growing confidence of our partners in Vivakor’s disciplined, asset-backed approach to growth.”