Vivakor, Inc.

Vivakor, Inc. is a U.S.-based midstream and environmental services company organized around crude oil terminaling, storage, transportation, and supply-and-trading activities. Through its subsidiaries, it operates crude oil facilities in Texas and Louisiana and is developing remediation processing infrastructure for oilfield waste and related byproducts.

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— Vivakor, Inc.
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Terminaling and storage35% Crude oil facilities that receive, handle, blend, store, and distribute hydrocarbons.
Supply and trading45% Purchase, aggregation, marketing, and resale of crude oil and related products.
Transportation and logistics10% Movement of crude oil and petroleum products through owned and affiliated logistics assets.
Environmental remediation5% Processing of oilfield solid waste into saleable byproducts and related services.
Equipment and ancillary services5% Supporting equipment leasing, site services, and related operational support.

Vivakor serves upstream producers, midstream counterparties, and industrial customers that need crude oil handling,...

  • Upstream oil and gas producersprimary

    They use terminaling, storage, and transport services to move crude and related products to market.

  • Midstream and pipeline counterpartiesprimary

    They contract for hub access, blending, and distribution through Vivakor's facilities.

  • Commodity trading counterpartiesprimary

    They buy and sell crude oil, condensate, and NGLs through supply-and-trading arrangements.

  • Oilfield waste generatorssecondary

    They are the target customers for remediation processing and waste-to-byproduct services.

  • Industrial and logistics service userssecondary

    They use ancillary equipment and site services tied to Vivakor's operating footprint.

Vivakor's operating footprint is concentrated in the United States, with crude oil terminals in Colorado City, Texas...

  • Core operating assets are in Texas and Louisiana
  • Remediation processing center is under development in Harris County, Texas
  • Subsidiaries span Texas, Pennsylvania, Nevada, Utah, and Delaware
  • Approximate 49% interest in Qatar-based entities
  • Geography matters because pipeline access and hub location drive utilization

Vivakor's strategy is to build an integrated platform that combines midstream logistics with commodity marketing and...

01
Build an integrated midstream networkmedium-term

Integration can improve customer stickiness and improve access to supply and end markets.

02
Develop remediation processing capacitymedium-term

Environmental services can diversify revenue and monetize oilfield waste streams.

03
Expand commercial reach through trading relationshipsshort-term

Trading can increase throughput and connect production to end-market demand.

Vivakor is exposed to commodity price volatility, throughput variability, and counterparty dependence because a large...

high

Convertible securities and authorized share constraints

Outstanding convertible instruments may require additional authorized common stock if the share price remains weak.

Scope
Common stock issuance capacity and financing flexibility
Materiality
high
high

Commodity and throughput volatility

Supply-and-trading and terminaling results depend on hydrocarbon volumes and market conditions.

Scope
Crude oil, condensate, and NGL handling and resale
Materiality
high
medium

Counterparty dependence

Facility volumes can be affected by renegotiations or changes in customer relationships.

Scope
Delhi facility and related pipeline-linked sales
Materiality
high
medium

Project execution risk

The remediation platform is still under development and must be completed and commercialized.

Scope
RPC construction and startup
Materiality
medium
Revenue recognition on commodity buy-sell agreements
Affects revenue and gross profit timing
Variable-rate debt and accrued interest
Affects financing costs and net loss
Fair value measurement of equity securities
Affects other income and earnings volatility
Consolidation and non-controlling interests
Affects net income attributable to Vivakor

: 29.4.2026