DealsJun 17, 2026, 08:32 AM
Vivakor Secures $115M Annual Crude Oil Deal; 2026 Revenue to $300M
AI Summary
Vivakor's commodities trading platform, Vivakor Supply & Trading, LLC (VST), has secured a recurring one-year crude oil transaction starting July 1, 2026. This deal is expected to generate approximately $115 million in annualized gross revenue, covering 120,000 barrels per month. Inclusive of this transaction, Vivakor's total recurring contracted commercial activities and previously announced supply and trading arrangements are estimated to reach approximately $300 million in annualized contracted revenue opportunities for 2026. The agreement leverages Vivakor's North Dakota infrastructure, expanding its commercial footprint in the Bakken region.
Key Highlights
- Vivakor's VST secured a recurring one-year crude oil transaction.
- Transaction covers approximately 120,000 barrels of crude oil per month.
- Expected to generate approximately $9.6 million in gross revenue per month.
- Represents approximately $115 million in annualized gross revenue.
- Brings total contracted 2026 annualized revenues to approximately $300 million.
- Utilizes Vivakor's pipeline-connected injection facilities in North Dakota.
- Expands VST's commercial activity in the Bakken region.
Price Impact
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