VIVK

New Joint Venture Partnership Agreement Seeks Further Expansion Dallas, TX, June 10, 2026 (GLOBE NEWSWIRE) -- Vivakor, Inc. (Nasdaq: VIVK) (“Vivakor” or the “Company”), an integrated provider of energy transportation, storage, reuse, and remediation services, today is pleased to announce the execution of an agreement with Monarch R&P Management, LLC (“Monarch”), an entity affiliated with the principals of CA-2 Materials, Inc. (“CA-2”) and Red Wave Industrial, LLC ("Red Wave"), establishing Monarch Remediation & Processing I, LLC, a joint venture formed to complete commissioning and commence operations of Vivakor’s Houston-area Remediation Processing Center (“RPC”) and associated ancillary wash plant facility. Located in Harris County, Texas, the RPC facility represents an important expansion of Vivakor’s remediation and environmental processing platform. The execution of the joint venture and associated agreements mark a significant milestone as the Company and Monarch move from project development and construction activities toward commissioning, operational readiness, and the expected commencement of commercial operations in the third quarter of 2026. Under the joint venture, Vivakor and Monarch will work collaboratively to complete commissioning activities, prepare the facility for initial operations, and support the transition of the RPC into commercial service. The Company expects the RPC facility to complement its existing transportation, terminaling, storage, logistics, and supply and trading platform as Vivakor continues to build an integrated energy infrastructure and environmental services business. Vivakor Chairman and Chief Executive Officer James Ballengee commented, “The execution of our agreement with Monarch represents an important step in advancing our Houston RPC facility from construction into commissioning and anticipated commercial operations. This milestone reflects continued execution against our strategy to expand Vivakor’s integrated platform while adding sustainable environmental processing capabilities that are highly complementary to our existing midstream operations.” Ballengee continued, “We believe Monarch brings valuable operational experience and local market knowledge that can support the successful launch of the facility. Together, we are focused on completing commissioning activities, preparing the RPC for initial operatio...

Dallas, TX, June 09, 2026 (GLOBE NEWSWIRE) -- Vivakor, Inc. (Nasdaq: VIVK) (“Vivakor” or the “Company”), an integrated provider of energy transportation, storage, reuse, and remediation services, today announced financial and operational results for the three months ended March 31, 2026. Key Financial Highlights for the Three Months Ended March 31, 2026: • Gross margin improved to 29.4% compared to 12.7% in the prior-year period• Gross profit increased 20% to $5.7 million;• Operating expenses decreased to $8.1 million from $11.2 million in the prior-year period;• Supply and Trading generated $13.6 million in revenue; and• Revenue totaled $19.5 million. Revenue Mix Reflects Strategic Focus on Higher-Margin Midstream and Trading Operations: • Transportation and Logistics: $0.4 million;• Transportation and Logistics (related party): $3.6 million;• Terminaling and Storage: $0.1 million;• Terminaling and Storage (related party): $1.7 million; and• Supply and Trading: $13.6 million. The Company’s revenue mix during the quarter reflected its strategic focus on integrated logistics, infrastructure utilization, and supply and trading operations. Management Commentary: Vivakor Chairman and Chief Executive Officer James Ballengee commented, “During the first quarter of 2026, we continued executing our strategy to optimize Vivakor’s integrated midstream platform by focusing on higher-margin operations, improving asset utilization, and expanding our supply and trading activities. The operational restructuring initiatives completed during 2025 contributed to improved gross margins, lower operating expenses, and a more focused operating platform.” Ballengee continued, “We continue prioritizing execution across our transportation, terminaling, storage, and supply and trading operations while advancing our remediation processing initiatives. We remain focused on prudent capital management while continuing to strengthen operational execution across our transportation, terminaling, storage, and supply and trading businesses.” Financial Results for Three Months Ended March 31, 2026: • Revenue for the three months ended March 31, 2026, was $19.5 million, compared to $37.3 million in the prior-year period. The decrease in revenue compared to the prior-year period primarily reflected the Company’s previously announced divestiture of certain non-core operations during 2025 as part...

Dallas, TX, Nov. 20, 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 and nine months ended September 30, 2025. Key Financial Highlights for the Three Months Ended September 30, 2025 (YoY): Revenue increased 7% to $17.0 million; Gross profit increased 173% to $4.7 million; Gross margin improved 1700 basis points to 27.8%; Adjusted EBITDA increased to approximately $4 million, reflecting significant operational improvements; Total assets at $160.1 million; and Stockholders’ equity at $64.0 million. Revenue Breakdown: Transportation and Logistics: $4.7 million Transportation and Logistics (related party): $2.5 million Terminaling and Storage (related party): $0.9 million Supply and Trading: $8.9 million Divestiture on July 30, 2025 On July 30, 2025, Vivakor completed the sale of certain non-core business units of Meridian Equipment Leasing, LLC and Equipment Transport, LLC—subsidiaries formerly acquired with the Endeavor Entities in October 2024. The divestitures were executed as part of the Company’s strategic plan to streamline operations and sharpen its focus on core midstream transportation, terminaling, and environmental processing services. The transaction generated approximately $11 million in net consideration and resulted in the elimination of approximately $59 million of debt, significantly improving Vivakor’s credit profile and strengthening its overall capital structure. By exiting the produced water transportation segment, the Company expects to realize meaningful annualized interest expense savings. The divestiture also enhances operational efficiency and frees up both capital and management resources to concentrate on higher-margin, higher-growth business lines aligned with Vivakor’s long-term strategic direction. Management Commentary Vivakor Chairman and Chief Executive Officer James Ballengee commented, “This third quarter represents a pivotal turning point for Vivakor. In July, we completed the divestiture of non-performing assets, a strategic move that strengthened our balance sheet and sharpened our focus on core, high-growth opportunities. Our remaining midstream assets, including our trucking fleet, pipeline infrastructure, crude oil transfer stations,...

Entered 2025 With Approximately $160 Million Projected Annualized Revenue Run-Rate DALLAS, TX / ACCESS Newswire / April 16, 2025 / 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 twelve months ended December 31, 2024. Key Financial Highlights for the Three Months Ended December 31, 2024 (yoy): Revenue increased 201% to $41.7 million; Gross profit increased 746% to $5.7 million; Gross margin of 20.01%; Adjusted EBITDA increased to $5.3 million; and Acquired transportation logistics business segment adds $18.8 million to revenue, $5 million in gross profit, and realized a 27% gross profit margin. Key Financial Highlights for the Year Ended December 31, 2024: Revenue increased 51% to $89.8 million; Gross profit increased 104% to $10.2 million; Gross margin of 11.4%; Adjusted EBITDA increased to $5.6 million; Acquired transportation logistics business segment adds $18.8 million to revenue, $5 million in gross profit, and realized a 27% gross profit margin, and EBITDA of $1.4 million; Terminaling and storage business segment revenues increased $11.8 million or 19.84%, gross profit increased 5.4%, and EBITDA of $3.4 million. Total assets increased $170.7 million, which is primarily attributed to the close of our business combination acquisition on October 1, 2024, and includes $87.7 million in property plant and equipment, primarily made up of our newly acquired truck fleet, our forty-five (45) mile integrated crude oil gathering and pipeline in Blaine County, Oklahoma (our Omega Gathering Pipeline), and 15 crude oil pipeline injection truck stations; and Stockholders' equity increased $98.7 million. Key Business Highlights: Own and operate a combined fleet of commercial tractors and trailers for the hauling of crude oil and produced water, predominantly located in the Permian and Eagle Ford Basins; Own and operate the Omega Gathering Pipeline, a crude oil pipeline and exclusive connected blended and processing facility in Blaine County, Oklahoma; Own and operate 15 crude oil pipeline injection truck stations, the majority of which are centered in the Permian Basin; and Own and operate two operational major crude oil terminaling facilities, located in Colorado City, Texas, and Delhi, Louisiana Management Comm...