DealsJul 21, 2026, 09:16 AM
Vivakor Secures 4 Crude Oil Deals; Adds $289M Annual Activity
AI Summary
Vivakor, Inc., through its subsidiary Vivakor Supply & Trading, LLC, announced four new recurring physical crude oil purchase and sale transactions with two commercial counterparties. These agreements, commencing August 1, 2026, are expected to increase marketed volumes to 300,000 barrels per month (3.6 million barrels annually) and generate approximately $289.2 million in annualized commercial activity. Following these transactions, Vivakor's total recurring commercial programs now represent about $709 million in annualized commercial activity and 8.1 million barrels of annual marketed crude oil volumes.
Key Highlights
- Vivakor secured four new recurring physical crude oil purchase and sale transactions.
- These deals increase monthly marketed volume by 300,000 barrels.
- Annual marketed volume from these deals is 3.6 million barrels.
- The new transactions are expected to generate approximately $289.2 million in annualized commercial activity.
- Total recurring commercial programs now represent ~$709 million in annualized commercial activity.
- Total annual marketed crude oil volumes from all programs are approximately 8.1 million barrels.
- The contracts commence August 1, 2026, and run through July 31, 2027, with month-to-month renewals.
Price Impact
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