Vivakor Announces Two New Recurring Crude Oil Programs That May Generate ~$384 Of Annualized Commercial Activity; Expects $1.09B+ Of Annualized Commercial Activity On Its Physical Crude Oil Marketing Platform

Vivakor, Inc.

Vivakor, Inc.

VIVK

0.00

The new commercial programs consist of two recurring physical crude oil purchase and sale transactions at the Cushing and Midland Terminals and further expand VST's recurring physical crude oil marketing activities. The agreements reflect the Company's continued execution of its strategy to build a scalable, integrated commercial marketing platform that complements its transportation, terminaling and storage operations.

Key Highlights

  • Additional Annualized Commercial Activity: Approximately $384 million
  • Commercial Platform: More than $1.09 billion
  • New Commercial Programs: Two
  • Additional Marketed Volume: 400,000 barrels per month (4.8 million barrels annually)
  • Location: Cushing and Midland Terminals
  • Contract Term: August 1, 2026 – July 31, 2027
This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.