Vivakor, Inc. operates, acquires, and develops clean energy technologies and environmental solutions primarily focused on soil remediation in the United States and Kuwait. It specializes in the remediation of soil and the extraction of hydrocarbons, such as oil from properties contaminated by or laden with heavy crude oil and other hydrocarbon-based substances. The company was founded in 2006 and is based in Lehi, Utah.
IPO Year:
Exchange: NASDAQ
Website: https://vivakor.com
Dallas, TX, June 03, 2025 (GLOBE NEWSWIRE) -- Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company") is an integrated provider of energy transportation, storage, reuse, and remediation services. Vivakor's growth strategy is anchored in the Permian and Eagle Ford Basins where the Company is positioned to opportunistically expand its integrated crude oil storage, logistics, and marketing value chains. Vivakor owns and operates 10 strategically located pipeline injection stations in the core Permian Basin in Texas and New Mexico. These facilities receive and aggregate crude oil transported by truck from production wells, throughputting volumes into interstate crude oil pipelines that inclu
Dallas, TX, May 30, 2025 (GLOBE NEWSWIRE) -- Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), an integrated provider of energy transportation, storage, reuse, and remediation service, today announced that its Board of Directors has approved a plan to issue a special dividend to Vivakor shareholders. Vivakor currently holds 206,595 (approximately 13.5% of the outstanding common) shares of Adapti, Inc., a company that manages the marketing of products, data and companies through its AdaptAI software platform that matches products with the influencers to attempt to generate the best results. Based on Vivakor's current shares outstanding of approximately 47,297,347 and excluding 20,
Margins and EBITDA Remained Strong Due to Performance of our Transportation Logistics Segment Dallas, TX, May 29, 2025 (GLOBE NEWSWIRE) -- Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), an integrated provider of energy transportation, storage, reuse, and remediation service, today announced financial and operational results for the three months ended March 31, 2025. Key Financial Highlights for the Three Months Ended March 31, 2025 (yoy): Revenue increased 133% to $37.3 million;Gross profit increased 345% to $4.8 million;Gross margin of 12.7%;Adjusted EBITDA increased to $2.5 million;Total assets at $248.2 million; andStockholders' equity at $108.8 million. Revenue breakdown
New Infrastructure Expected to Bolster Oklahoma Volumes & Operations DALLAS, TX / ACCESSWIRE / November 25, 2024 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), an integrated provider of energy transportation, storage, reuse, and remediation services, has completed construction of additional gathering lines connected to its Omega Pipeline System in Blaine County, Oklahoma.Subsequent to its acquisition of the Endeavor Entities, as previously announced, in October 2024, the Company approved a project to expand its Omega Pipeline System in Blaine County, Oklahoma. The expansion is expected to result in immediate incremental customer volumes from connected oil production. The project
Empire's Port Infrastructure to Provide Synergies for Vivakor to Boost Revenue and GrowthDALLAS, TX / ACCESSWIRE / October 30, 2024 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), an integrated provider of energy transportation, storage, reuse, and remediation services, today provided an update on the anticipated merger with Empire Diversified Energy, Inc. ("Empire" and the "Merger", respectively). The Merger, which was previously announced to close in 2024, is now being revised to the first quarter of 2025. This guidance is being revised due to the delay in Vivakor closing its recent acquisition of the Endeavor Entities, which was effective on October 1, 2024.Pursuant to the ter
Management to Discuss the Company's Recent $120 Million Acquisition DALLAS, TX / ACCESSWIRE / October 17, 2024 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), an integrated provider of energy transportation, storage, reuse, and remediation service, is pleased to announce its participation and presentation at the ThinkEquity Conference being held at the Mandarin Oriental Hotel in New York on October 30, 2024.This annual conference brings together over 700 public company advisors, institutional investors and presenting companies to network and learn about emerging opportunities across a variety of industry sectors. The conference will feature 1x1 meetings, company presentations and
DALLAS, TX / ACCESSWIRE / October 7, 2024 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), an integrated provider of energy transportation, storage, reuse, and remediation services, is pleased to announce that all closing processes have been completed and, effective October 1, 2024, it closed its previously announced acquisition of Endeavor Crude, LLC, Meridian Equipment Leasing, LLC, Equipment Transport, LLC, and Silver Fuels Processing, LLC, and their subsidiaries (collectively, the "Endeavor Entities").James Ballengee, Chairman, President, & CEO, commented, "The closing of the Endeavor Entities was a significant undertaking, with multiple business lines, spanning over six month
For the Six Months Ended June 30, 2024, the Endeavor Entities Realized Revenues of $47.3 Million, with $9.3 Million EBITDA DALLAS, TX / ACCESSWIRE / September 24, 2024 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), an integrated provider of energy transportation, storage, reuse, and remediation services, announced today that its Board of Directors approved the closing of its planned acquisition of Endeavor Crude, LLC, Meridian Equipment Leasing, LLC, Equipment Transport, LLC, and Silver Fuels Processing, LLC, and their subsidiaries (collectively, the "Endeavor Entities") as previously announced. The closing will be effective on October 1, 2024.The Endeavor Entities comprise a fu
DALLAS, TX / ACCESSWIRE / August 13, 2024 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), an integrated provider of energy transportation, storage, reuse, and remediation services, has formed a new business unit, Vivakor Supply & Trading ("VST"), focusing on petroleum marketing operations.Vivakor management intends that VST will bolster operations, diversify revenue streams, and manage market risk at the Company's Delhi, Louisiana and Colorado City, Texas facilities through petroleum marketing activities. In addition, VST's marketing operations will complement the activities of the Endeavor Entities upon closing of the Company's acquisition thereof, as previously announced."This
DALLAS, TX / ACCESSWIRE / July 2, 2024 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), an integrated provider of sustainable energy transportation, storage, reuse, and remediation services, today is pleased to provide an update on the closing of its previously announced acquisition of Endeavor Crude, LLC, Meridian Equipment Leasing, LLC, its subsidiary CPE Gathering MidCon, LLC, Equipment Transport, LLC, its subsidiary ET EmployeeCo, LLC, and Silver Fuels Processing, LLC (collectively, the "Endeavor Entities").The Endeavor Entities are providers of oil and gas logistics, transportation, gathering, blending, storage, remediation, and reuse of crude oil, crude oil byproducts, produ
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Will Lead Vivakor's Next Phase of GrowthIRVINE, CA / ACCESSWIRE / November 7, 2022 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), a socially responsible operator, acquirer and developer of clean energy technologies and environmental solutions, is pleased to welcome oil industry expert James Ballengee as its new Chief Executive Officer and Chairman of the Board of Directors.Mr. Ballengee brings more than 20 years of direct energy industry experience having previously served as CEO of Taylor Logistics, LLC, an oil gathering, storage, and transportation company, which was sold to Gibson Energy, Inc. (TSX:GEI) in 2010. He founded and served as Chairman and Chief Executive Officer of
Dallas, TX, May 30, 2025 (GLOBE NEWSWIRE) -- Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), an integrated provider of energy transportation, storage, reuse, and remediation service, today announced that its Board of Directors has approved a plan to issue a special dividend to Vivakor shareholders. Vivakor currently holds 206,595 (approximately 13.5% of the outstanding common) shares of Adapti, Inc., a company that manages the marketing of products, data and companies through its AdaptAI software platform that matches products with the influencers to attempt to generate the best results. Based on Vivakor's current shares outstanding of approximately 47,297,347 and excluding 20,