{"success":true,"data":{"pressRelease":{"id":"114167","rtpr_id":"nGNX4tkV8H","ticker":"VIVK","exchange":"NASDAQ","all_tickers":["VIVK"],"title":"Vivakor Accelerates Crude Oil Trading Portfolio toward $2 Billion in Annualized Commercial Activity ","author":"Globe Newswire","published_at":"2026-08-10T13:15:00.091Z","article_body":"New 12-month transactions add 2.4 million barrels of annual sales volume\n\nDallas, TX, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Vivakor, Inc. (Nasdaq: VIVK)\n(\"Vivakor\" or the \"Company\"), an integrated provider of energy transportation,\nstorage, reuse and remediation services, today announced that its subsidiary,\nVivakor Supply & Trading, LLC (“VST”), has entered into new 12-month crude\noil purchase and sale transactions, further expanding VST’s crude oil\ntrading portfolio and advancing the Company toward a significant milestone in\nannualized commercial activity.\n\nUnder the new transactions, VST has contracted to sell an aggregate of 200,000\nbarrels of West Texas Intermediate (“WTI”) crude oil per month,\nrepresenting approximately 2.4 million barrels of annual sales volume. The\ntransactions are scheduled to commence September 1, 2026, and continue through\nAugust 31, 2027.\n\n“These transactions represent another important step in the continued\nexpansion of our supply and trading business,” said James Ballengee,\nChairman, President and Chief Executive Officer of Vivakor. “We continue to\nadd recurring volume and commercial activity to the VST platform. With another\n2.4 million barrels of annual sales volume represented by these agreements,\nVivakor is rapidly approaching $2 billion in annualized commercial activity, a\nsignificant milestone for a business we have been aggressively building and\nscaling.”\n\nBallengee continued, “We believe we are still in the early stages of\nrealizing the opportunity in front of us. Our growing commercial relationships\nand expanding infrastructure capabilities are creating additional\nopportunities across the platform. We expect this momentum to continue as we\nexecute our strategy and pursue the next phase of Vivakor’s growth.”\n\nVivakor expects to continue expanding VST’s physical crude oil marketing\nactivities as the Company pursues additional commercial opportunities across\nits integrated energy platform.\n\nConsistent with standard physical commodity marketing transactions, VST only\nrecognizes a small percentage of the total contract value as gross profit,\nreflecting its role as an intermediary in the physical crude oil supply chain.\nAccordingly, the gross profit recognized by VST will represent only a portion\nof the estimated commercial activity described above and will vary based on\nmarket conditions, commodity pricing, transaction structure and delivered\nvolumes.\n\nAbout Vivakor, Inc.\nVivakor, Inc. is an integrated provider of sustainable energy transportation,\nstorage, reuse, and remediation services, operating one of the largest fleets\nof oilfield trucking services in the continental United States. Its corporate\nmission is to develop, acquire, accumulate, and operate assets, properties,\nand technologies in the energy sector. Vivakor’s integrated facilities\nassets provide crude oil, storage, transportation, reuse, and remediation\nservices under long-term contracts. Once operational, Vivakor's interest in\noilfield waste remediation facilities will facilitate the recovery, reuse, and\ndisposal of petroleum byproducts and oilfield waste products.\n\nFor more information, please visit our website: vivakor.co\n(https://www.globenewswire.com/Tracker?data=wITUkgsj84ft74bq3zz8IEpx8cKFIQZ1ryjnYpAniW_hqxzluEqudrN9OwWGG9KMs_UOoUIgfLMlrKV2i6Lq-w==)m\n\nCautionary Statement Regarding Forward-Looking Statements\nThis news release may contain forward-looking statements within the meaning of\nthe \"safe harbor\" provisions of the Private Securities Litigation Reform Act\nof 1995. Such forward-looking statements are based upon the current beliefs\nand expectations of our management and are inherently subject to significant\nbusiness, economic and competitive uncertainties and contingencies, many of\nwhich are difficult to predict and generally beyond our control. Actual\nresults and the timing of events may differ materially from the results\nanticipated in these forward-looking statements. Forward-looking statements\nmay be identified but not limited by the use of the words \"anticipates,\"\n\"expects,\" \"intends,\" \"plans,\" \"should,\" \"could,\" \"would,\" \"may,\" \"will,\"\n\"believes,\" \"estimates,\" \"potential,\" or \"continue\" and variations or similar\nexpressions. Our actual results may differ materially and adversely from those\nexpressed in any forward-looking statements as a result of various factors and\nuncertainties, including, but not limited to, the expected transaction and\nownership structure, the valuation of the transaction, the likelihood and\nability of the parties to successfully and timely consummate planned\nacquisitions, the risk that any required regulatory approvals are not\nobtained, are delayed or are subject to unanticipated conditions that could\nadversely affect Vivakor or the expected benefits of the such transaction, our\nability to maintain the listing of our securities on The Nasdaq Capital\nMarket, the parties failure to realize the anticipated benefits of pending\ntransactions, disruption and volatility in the global currency, capital, and\ncredit markets, changes in federal, local and foreign governmental regulation,\nchanges in tax laws and liabilities, tariffs, legal, regulatory, political and\neconomic risks, our ability to successfully develop products, rapid change in\nour markets, changes in demand for our future products, and general economic\nconditions.\n\nThese risks and uncertainties include, but are not limited to, risks and\nuncertainties discussed in Vivakor's filings with the U.S. Securities and\nExchange Commission, which factors may be incorporated herein by reference.\nActual results, performance or achievements may differ materially, and\npotentially adversely, from any projections and forward-looking statements and\nthe assumptions on which those forward-looking statements are based. There can\nbe no assurance that the data contained herein is reflective of future\nperformance to any degree. You are cautioned not to place undue reliance on\nforward-looking statements as a predictor of future performance as projected\nfinancial information and other information are based on estimates and\nassumptions that are inherently subject to various significant risks,\nuncertainties and other factors, many of which are beyond our control. All\ninformation set forth herein speaks only as of the date hereof in the case of\ninformation about Vivakor or the date of such information in the case of\ninformation from persons other than Vivakor, and we disclaim any intention or\nobligation to update any forward-looking statements as a result of\ndevelopments occurring after the date of this communication. Forecasts and\nestimates regarding industries and markets are based on sources we believe to\nbe reliable; however, there can be no assurance these forecasts and estimates\nwill prove accurate in whole or in part.\n\nInvestor Contact:\nP:469-480-7175\ninfo@vivakor.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/89ffdbcd-dcbe-45fc-805d-bece68fff440)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX4tkV8H","title":"Vivakor Accelerates Crude Oil Trading Portfolio toward $2 Billion in Annualized Commercial Activity ","author":"Globe Newswire","ticker":"VIVK","created":"2026-08-10T13:15:00.091Z","tickers":["VIVK"],"exchange":"NASDAQ","article_body":"New 12-month transactions add 2.4 million barrels of annual sales volume\n\nDallas, TX, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Vivakor, Inc. (Nasdaq: VIVK)\n(\"Vivakor\" or the \"Company\"), an integrated provider of energy transportation,\nstorage, reuse and remediation services, today announced that its subsidiary,\nVivakor Supply & Trading, LLC (“VST”), has entered into new 12-month crude\noil purchase and sale transactions, further expanding VST’s crude oil\ntrading portfolio and advancing the Company toward a significant milestone in\nannualized commercial activity.\n\nUnder the new transactions, VST has contracted to sell an aggregate of 200,000\nbarrels of West Texas Intermediate (“WTI”) crude oil per month,\nrepresenting approximately 2.4 million barrels of annual sales volume. The\ntransactions are scheduled to commence September 1, 2026, and continue through\nAugust 31, 2027.\n\n“These transactions represent another important step in the continued\nexpansion of our supply and trading business,” said James Ballengee,\nChairman, President and Chief Executive Officer of Vivakor. “We continue to\nadd recurring volume and commercial activity to the VST platform. With another\n2.4 million barrels of annual sales volume represented by these agreements,\nVivakor is rapidly approaching $2 billion in annualized commercial activity, a\nsignificant milestone for a business we have been aggressively building and\nscaling.”\n\nBallengee continued, “We believe we are still in the early stages of\nrealizing the opportunity in front of us. Our growing commercial relationships\nand expanding infrastructure capabilities are creating additional\nopportunities across the platform. We expect this momentum to continue as we\nexecute our strategy and pursue the next phase of Vivakor’s growth.”\n\nVivakor expects to continue expanding VST’s physical crude oil marketing\nactivities as the Company pursues additional commercial opportunities across\nits integrated energy platform.\n\nConsistent with standard physical commodity marketing transactions, VST only\nrecognizes a small percentage of the total contract value as gross profit,\nreflecting its role as an intermediary in the physical crude oil supply chain.\nAccordingly, the gross profit recognized by VST will represent only a portion\nof the estimated commercial activity described above and will vary based on\nmarket conditions, commodity pricing, transaction structure and delivered\nvolumes.\n\nAbout Vivakor, Inc.\nVivakor, Inc. is an integrated provider of sustainable energy transportation,\nstorage, reuse, and remediation services, operating one of the largest fleets\nof oilfield trucking services in the continental United States. Its corporate\nmission is to develop, acquire, accumulate, and operate assets, properties,\nand technologies in the energy sector. Vivakor’s integrated facilities\nassets provide crude oil, storage, transportation, reuse, and remediation\nservices under long-term contracts. Once operational, Vivakor's interest in\noilfield waste remediation facilities will facilitate the recovery, reuse, and\ndisposal of petroleum byproducts and oilfield waste products.\n\nFor more information, please visit our website: vivakor.co\n(https://www.globenewswire.com/Tracker?data=wITUkgsj84ft74bq3zz8IEpx8cKFIQZ1ryjnYpAniW_hqxzluEqudrN9OwWGG9KMs_UOoUIgfLMlrKV2i6Lq-w==)m\n\nCautionary Statement Regarding Forward-Looking Statements\nThis news release may contain forward-looking statements within the meaning of\nthe \"safe harbor\" provisions of the Private Securities Litigation Reform Act\nof 1995. Such forward-looking statements are based upon the current beliefs\nand expectations of our management and are inherently subject to significant\nbusiness, economic and competitive uncertainties and contingencies, many of\nwhich are difficult to predict and generally beyond our control. Actual\nresults and the timing of events may differ materially from the results\nanticipated in these forward-looking statements. Forward-looking statements\nmay be identified but not limited by the use of the words \"anticipates,\"\n\"expects,\" \"intends,\" \"plans,\" \"should,\" \"could,\" \"would,\" \"may,\" \"will,\"\n\"believes,\" \"estimates,\" \"potential,\" or \"continue\" and variations or similar\nexpressions. Our actual results may differ materially and adversely from those\nexpressed in any forward-looking statements as a result of various factors and\nuncertainties, including, but not limited to, the expected transaction and\nownership structure, the valuation of the transaction, the likelihood and\nability of the parties to successfully and timely consummate planned\nacquisitions, the risk that any required regulatory approvals are not\nobtained, are delayed or are subject to unanticipated conditions that could\nadversely affect Vivakor or the expected benefits of the such transaction, our\nability to maintain the listing of our securities on The Nasdaq Capital\nMarket, the parties failure to realize the anticipated benefits of pending\ntransactions, disruption and volatility in the global currency, capital, and\ncredit markets, changes in federal, local and foreign governmental regulation,\nchanges in tax laws and liabilities, tariffs, legal, regulatory, political and\neconomic risks, our ability to successfully develop products, rapid change in\nour markets, changes in demand for our future products, and general economic\nconditions.\n\nThese risks and uncertainties include, but are not limited to, risks and\nuncertainties discussed in Vivakor's filings with the U.S. Securities and\nExchange Commission, which factors may be incorporated herein by reference.\nActual results, performance or achievements may differ materially, and\npotentially adversely, from any projections and forward-looking statements and\nthe assumptions on which those forward-looking statements are based. There can\nbe no assurance that the data contained herein is reflective of future\nperformance to any degree. You are cautioned not to place undue reliance on\nforward-looking statements as a predictor of future performance as projected\nfinancial information and other information are based on estimates and\nassumptions that are inherently subject to various significant risks,\nuncertainties and other factors, many of which are beyond our control. All\ninformation set forth herein speaks only as of the date hereof in the case of\ninformation about Vivakor or the date of such information in the case of\ninformation from persons other than Vivakor, and we disclaim any intention or\nobligation to update any forward-looking statements as a result of\ndevelopments occurring after the date of this communication. Forecasts and\nestimates regarding industries and markets are based on sources we believe to\nbe reliable; however, there can be no assurance these forecasts and estimates\nwill prove accurate in whole or in part.\n\nInvestor Contact:\nP:469-480-7175\ninfo@vivakor.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/89ffdbcd-dcbe-45fc-805d-bece68fff440)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-10T13:15:00.207541192Z","server_sent_at_ms":1786367700207},"received_at":"2026-08-10T13:15:00.350Z","source_url":"https://www.globenewswire.com/news-release/2026/08/10/3341892/0/en/vivakor-accelerates-crude-oil-trading-portfolio-toward-2-billion-in-annualized-commercial-activity.html"},"analysis":{"id":"103170","press_release_id":"114167","analysis_json":{"industry":{"label":"Oil, Gas & Consumable Fuels","sector":"Energy"},"redFlags":["Gross profit is a small percentage of total contract value due to intermediary role"],"eventType":"operations_update","narrative":"Vivakor's subsidiary VST entered into 12-month contracts to sell 200,000 barrels of WTI crude oil per month, adding 2.4 million barrels of annual sales volume.\n\nCEO James Ballengee noted that these agreements advance the company toward $2 billion in annualized commercial activity, a significant scaling milestone for the trading platform.\n\nThe company clarified that as a physical intermediary, VST recognizes only a small percentage of the total contract value as gross profit, subject to market conditions.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Volume expansion moves VIVK closer to $2B milestone, but margins remain thin."},"keyFigures":{"customDimensions":{"annual_sales_volume_barrels":2400000,"monthly_sales_volume_barrels":200000}},"quotedText":"We continue to add recurring volume and commercial activity to the VST platform.","namedEntities":{"people":[{"name":"James Ballengee","role":"Chairman, President and Chief Executive Officer"}],"products":["West Texas Intermediate (WTI) crude oil"],"companies":[{"name":"Vivakor, Inc.","ticker":"VIVK"},{"name":"Vivakor Supply & Trading, LLC","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$2 billion","context":"target for annualized commercial activity"}]},"materialImpact":{"score":3,"reasoning":"New contracts add significant recurring volume (2.4 million barrels annually) and progress the company toward a $2 billion annualized milestone. However, the intermediary business model limits gross profit to a small percentage of contract value."},"tickerRelevance":{"others":[],"primary":"VIVK"},"globalImportance":25,"audienceRelevance":20,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"operational-expansion","sectorWeight":"energy"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Vivakor's subsidiary VST entered into 12-month contracts to sell 200,000 barrels of WTI crude oil per month, adding 2.4 million barrels of annual sales volume.\n\nCEO James Ballengee noted that these agreements advance the company toward $2 billion in annualized commercial activity, a significant scaling milestone for the trading platform.\n\nThe company clarified that as a physical intermediary, VST recognizes only a small percentage of the total contract value as gross profit, subject to market conditions.","key_figures":{"customDimensions":{"annual_sales_volume_barrels":2400000,"monthly_sales_volume_barrels":200000}},"named_entities":{"people":[{"name":"James Ballengee","role":"Chairman, President and Chief Executive Officer"}],"products":["West Texas Intermediate (WTI) crude oil"],"companies":[{"name":"Vivakor, Inc.","ticker":"VIVK"},{"name":"Vivakor Supply & Trading, LLC","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$2 billion","context":"target for annualized commercial activity"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-10T18:41:31.744Z","global_importance":25,"audience_relevance":20,"importance_components":{"tickerTier":"small-cap","eventGravity":"operational-expansion","sectorWeight":"energy"}},"durationMs":337634,"modelName":"glm-4.7"}}