VIVKNasdaqRefuse SystemsUS GAAP · USD

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.

Liikevaihto104milj. USD
+16,3 %v/v
Liikevoitto (EBIT)−63,8milj. USD
−190,2 %v/v
EBIT-marginaali−61,1%
−36,6 %-yks.v/v
Nettotulos−110milj. USD
−318,3 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−100−50050100150milj. USD2020: 1,5 milj. USD2020: EBIT −4,8 milj. USD20202021: 1,1 milj. USD2021: EBIT −6,9 milj. USD20212022: 28 milj. USD2022: EBIT −23 milj. USD20222023: 59 milj. USD2023: EBIT −6,3 milj. USD20232024: 90 milj. USD2024: EBIT −22 milj. USD20242025: 104 milj. USD2025: EBIT −64 milj. USD2025104−64
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
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.

Tuotteet

Raportoitu · osuus liikevaihdosta
80,6%19,4%FY2025100 %
  • Revenues80,6 %
  • Revenues Related Party19,4 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Vivakor serves upstream producers, midstream counterparties, and industrial customers that need crude oil handling, storage, and transport capacity. Its trading activity also connects it with buyers and sellers of crude oil, condensate, and natural gas liquids, while its remediation platform is aimed at operators generating oilfield waste. Customer demand is tied to production volumes, pipeline access, and the need for compliant disposal or processing solutions.

Upstream oil and gas producers

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

Midstream and pipeline counterparties

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

Commodity trading counterparties

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

Oilfield waste generators

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

Industrial and logistics service users

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

Strategia

Vivakor's strategy is to build an integrated platform that combines midstream logistics with commodity marketing and environmental services. The company is also developing remediation processing capacity to extend its business beyond traditional terminaling and trading into waste conversion and related byproducts.

Build an integrated midstream networkKeskipitkä aikaväli

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

Develop remediation processing capacityKeskipitkä aikaväli

Environmental services can diversify revenue and monetize oilfield waste streams.

Expand commercial reach through trading relationshipsLyhyt aikaväli

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

Maantiede

Vivakor's operating footprint is concentrated in the United States, with crude oil terminals in Colorado City, Texas and Delhi, Louisiana, plus a remediation project under development in Harris County, Texas. The company also has subsidiary and ownership interests in Texas, Pennsylvania, Nevada, Utah, Delaware, and Qatar, reflecting a structure built around U.S. midstream assets and selected international interests.

Riskit

Vivakor is exposed to commodity price volatility, throughput variability, and counterparty dependence because a large part of its business depends on moving and reselling hydrocarbons. The company also faces financing and dilution risk from convertible instruments, while its remediation buildout adds execution and permitting risk typical of early-stage environmental infrastructure projects.

Järjestetty vakavuuden mukaan
Convertible securities and authorized share constraintsKorkea

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

Kohdistuu: Common stock issuance capacity and financing flexibility

Commodity and throughput volatilityKorkea

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

KohdistuuCrude oilCondensateNGL handlingResale
Counterparty dependenceKeskitaso

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

Kohdistuu: Delhi facility and related pipeline-linked sales

Project execution riskKeskitaso

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

Kohdistuu: RPC construction and startup

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition on commodity buy-sell agreements

The timing of when control transfers can materially affect reported quarterly revenue.

Vaikutus: Affects revenue and gross profit timing

Variable-rate debt and accrued interest

Interest expense can change with prime-rate movements and debt balances.

Vaikutus: Affects financing costs and net loss

Fair value measurement of equity securities

Publicly traded holdings can create unrealized gains or losses.

Vaikutus: Affects other income and earnings volatility

Consolidation and non-controlling interests

Ownership interests in subsidiaries and joint ventures affect how results are attributed.

Vaikutus: Affects net income attributable to Vivakor

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

Vivakor, Inc. (VIVK) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo