Vivakor Inc. (NASDAQ:VIVK) surged 40.98% to $0.072 in after-hours trading on Wednesday after the oil and environmental services firm disclosed regulatory and financial developments. Check out the current price of VIVK stock here.The 8-K report, filed with the U.S. Securities and Exchange Commission (SEC), announces material events that investors need to know between quarterly reports.Nasdaq Listing DeficiencyThe Texas-based company recently received notice from Nasdaq’s Listing Qualifications Department tha ...

Dallas, TX, Dec. 11, 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 it has achieved approximately $65 million in total debt reduction year-to-date in 2025, significantly enhancing the Company’s balance sheet strength and financial flexibility. The year-to-date debt reduction was driven by the completion of Vivakor’s strategic July divestiture and subsequent bala ...

Major Milestone Marks Expansion Into International Fuel Markets Dallas, TX, Dec. 04, 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 commodities trading platform, Vivakor Supply & Trading (“VST”), executed an agreement for its first international fuel transaction into Mexico. This pending transaction marks VST’s initial entry into cross-border refined product ...

Core Points - Vivakor, Inc. will hold a Special Meeting of the Shareholders on December 22, 2025, at 10:00 a.m. CST in Dallas, Texas [1] - The record date for stockholders entitled to vote at the meeting is November 26, 2025 [2] - Proxy materials will be mailed to stockholders on or about December 10, 2025 [3] Company Overview - Vivakor, Inc. is an integrated provider of sustainable energy transportation, storage, reuse, and remediation services, operating fleets of oilfield trucking services in the continental United States [4] - The company's mission is to develop, acquire, accumulate, and operate assets, properties, and technologies in the energy sector [4] - Vivakor's facilities provide crude oil gathering, storage, transportation, reuse, and remediation services under long-term contracts [4] - The company also operates oilfield waste remediation facilities to recover, reuse, and dispose of petroleum byproducts and oilfield waste products [4]

Core Insights - Vivakor, Inc. reported significant financial and operational results for the three and nine months ended September 30, 2025, highlighting a strategic shift towards core business areas and improved financial metrics [1][8]. Financial Highlights - Revenue for the three months ended September 30, 2025, increased by 7% to $17.0 million compared to $15.9 million in the prior-year period, driven by higher activity in transportation and logistics and terminaling and storage segments [7][11]. - Gross profit surged by 173% to $4.7 million, with gross margin improving by 1700 basis points to 27.8%, reflecting operational efficiencies [7][11]. - Adjusted EBITDA improved to approximately $4 million, a significant turnaround from a loss of $1.5 million in the same period of 2024 [7][11]. - Net loss for the three months ended September 30, 2025, was $36.0 million, an increase of $34.3 million compared to a net loss of $1.7 million in the prior-year period, primarily due to non-cash losses [7][11]. Strategic Developments - On July 30, 2025, Vivakor completed the divestiture of non-core business units, generating approximately $11 million in net consideration and eliminating about $59 million of debt, which improved the company's credit profile [3][4]. - The divestiture is expected to yield annualized interest expense savings and enhance operational efficiency, allowing the company to focus on higher-margin business lines [5][6]. - Management expressed optimism about the momentum in the supply and trading business, with plans for a Remediation Processing Center in Houston expected to launch in Q1 2026 [6]. Operational Insights - The company operates one of the largest fleets of oilfield trucking services in the continental United States, focusing on sustainable energy transportation, storage, reuse, and remediation services [9]. - The remaining midstream assets, including trucking fleet and pipeline infrastructure, are now better aligned to support the expanding supply and trading platform [6].

Financial Instruments and Debt - The Company reported a principal amount of $6,625,000 for a junior secured convertible promissory note issued to J.J. Astor & Co., receiving $5,000,000 net of fees[141]. - The Lender converted $4.05 million of outstanding principal into approximately 34.5 million shares of the Company's common stock at discounted prices[142]. - The Outstanding Principal Amount of the Initial Note was $2,259,319.89, and the Outstanding Principal Balance on the Second Note was $5,685,805.13 as of the Forbearance Agreement Effective Date[145]. - The Company agreed to a default interest rate of 19% on the Initial Note and Second Note, with all amounts due by November 30, 2025[145]. - The Company received $1,152,000 from the Third Note after legal and origination fees, with a principal amount of $1,620,000[146]. - The Company issued a convertible promissory note for a principal amount of $647,500, receiving $550,000 in exchange and issuing 82,500 shares of common stock as an incentive[147]. - On October 16, 2025, the Company raised approximately $5 million through a registered direct offering of 8,417,645 shares at $0.2164 per share and 14,689,851 pre-funded warrants at $0.2154[148]. - A second offering on October 30, 2025, raised approximately $2.55 million by issuing 10,600,000 shares at $0.18 per share and 3,566,666 pre-funded warrants at $0.179[156]. - The Company entered into a Physical Commodity Intermediation Agreement with a wholesaler, providing up to $40 million in credit support for commodity trading activities[154]. Business Operations and Acquisitions - The Company acquired Endeavor Crude, LLC and other entities on October 1, 2024, enhancing its operations in the midstream oil and gas industry[139]. - The Company is focused on building an integrated midstream and environmental services platform to enhance operational efficiency and market access[138]. - The Company is developing Remediation Processing Centers, with the first facility under construction in Texas, expected to process oilfield solid wastes into valuable byproducts[137]. - The Company has revised its segment structure to report three operating segments: transportation and logistics, terminaling and storage services, and supply and trading[133]. - The Company revised its segment reporting structure to include three operating segments: transportation and logistics, terminaling and storage services, and supply and trading, reflecting the expansion of its business activities[166]. Financial Performance - For the three months ended September 30, 2025, the Company reported revenues of $16,981,385, an increase of $1,064,962 or 6.7% compared to $15,916,423 in the same period of 2024[170]. - The cost of revenues decreased to $12,261,886 for the three months ended September 30, 2025, down $1,928,187 or 13.59% from $14,190,073 in 2024[172]. - Gross profit for the three months ended September 30, 2025, was $4,719,499, representing an increase of $2,993,149 or 173% compared to $1,726,350 in 2024[173]. - Operating expenses increased to $13,750,500 for the three months ended September 30, 2025, an increase of $10,065,513 or 273% from $3,684,987 in 2024, primarily due to costs from the acquired Endeavor Entities[174]. - Total interest expense for the three months ended September 30, 2025, was $14,439,961, an increase of $13,798,717 or 2,152% compared to $641,244 in 2024, driven by refinancing and forbearance arrangements[175]. - For the nine months ended September 30, 2025, total revenues increased by 221.79% to $83.4 million, attributed to higher activity in transportation and logistics and terminaling and storage services from the Endeavor Entities acquisition[184]. - The cost of revenues for the nine months ended September 30, 2025, was $69.4 million, representing an increase of 177.24% compared to the prior year, driven by the operations of the newly acquired Endeavor Entities[186]. - Gross profit for the nine months ended September 30, 2025, was $14.1 million, an increase of 588.08% from $3.9 million in 2024, reflecting the growth in revenue and cost of revenue activities[187]. - Operating expenses for the nine months ended September 30, 2025, rose to $36.3 million, a 704.87% increase, primarily due to costs from the Endeavor Entities and a $5.0 million legal reserve[188]. - Interest expense for the nine months ended September 30, 2025, totaled $20.0 million, a significant increase of 2,876.07% compared to the prior year, driven by refinancing and forbearance arrangements[189]. - A loss on conversion of debt of $9.8 million was recognized during the nine months ended September 30, 2025, compared to $0 in the prior year, due to the conversion of convertible debt into common stock[190]. - Unrealized losses on marketable securities for the nine months ended September 30, 2025, amounted to $249,080, a decrease of 120.14% from an unrealized gain of $743,739 in 2024[191]. - For the nine months ended September 30, 2025, the company reported net cash provided by operating activities of $4,311,676, a significant increase from $165,359 in the same period of 2024[199]. - The company experienced a net loss of $54,358,617 for the nine months ended September 30, 2025, compared to a net loss of $6,983,978 in 2024[202]. Cash Flow and Financial Position - As of September 30, 2025, the company had an accumulated deficit of approximately $148.1 million and a working capital deficit of approximately $62.3 million[200]. - Cash and cash equivalents decreased from $3,676,992 as of December 31, 2024, to $1,191,766 as of September 30, 2025, with $892,124 classified as restricted cash[201]. - Net cash used in financing activities totaled $8,494,343 for the nine months ended September 30, 2025, reflecting substantial payments on notes payable and finance lease obligations[204]. - The company anticipates approximately $1.5 million of additional expenditures related to the continued development of its Texas remediation and wash plant facilities[205]. - The company had no capitalized interest during the nine months ended September 30, 2025, compared to $1.0 million in the same period in 2024[205]. - As of September 30, 2025, the company had finance lease obligations totaling $8,929,265[207]. Going Concern and Risks - The company faces substantial doubt about its ability to continue as a going concern due to historical net losses and negative cash flows from operations[200]. - The company is exposed to interest rate risk due to financing arrangements with variable interest rates based on the prime rate[209].

Core Points - Vivakor, Inc. will present at the Noble Capital Markets' 21st Annual Emerging Growth Equity Conference on December 2-3, 2025, in Boca Raton, FL [1][3] - The conference aims to enhance visibility and engagement for small and mid-cap companies through presentations and one-on-one meetings with investors [2][3] Company Overview - Vivakor, Inc. is an integrated provider of sustainable energy transportation, storage, reuse, and remediation services, operating one of the largest fleets of oilfield trucking services in the continental United States [3] - The company's mission is to develop, acquire, accumulate, and operate assets, properties, and technologies in the energy sector [3] - Vivakor's facilities provide crude oil and produced water gathering, storage, transportation, reuse, and remediation services under long-term contracts [3] Upcoming Event Details - The conference will be held at Florida Atlantic University, Boca Raton, FL, and management will be available for one-on-one meetings with the investment community [3] - Interested parties can schedule meetings by contacting NobleCon representatives or Vivakor's investor relations [3]

Core Insights - Vivakor, Inc. has successfully initiated its first major transaction in the Liquified Petroleum Gas (LPG) market, valued at approximately $23 million, utilizing a $40 million Intermediation Credit Facility [1][2][5] Group 1: Company Overview - Vivakor, Inc. is an integrated provider of energy transportation, storage, reuse, and remediation services, focusing on developing and operating assets in the energy sector [6] - The company aims to broaden its market presence beyond crude oil by diversifying into petroleum commodities [2][5] Group 2: Transaction Details - The inaugural LPG trade marks Vivakor Supply & Trading's (VST) expansion into petroleum commodities, demonstrating the company's strategic intent to leverage its logistics and midstream capabilities [2][5] - VST will manage transportation, logistics, and gathering operations for the LPG, utilizing Vivakor's midstream infrastructure to enhance operational efficiency [3] Group 3: Revenue Model - VST will recognize a small percentage of the total contract value as revenue, reflecting its role as an intermediary in the physical commodity supply chain, with actual revenue varying based on market conditions [4]

Core Points - Vivakor, Inc. has reset the payment date for its special dividend to December 31, 2025, due to the need for communication and filings with the Securities and Exchange Commission, which are hindered by the government shutdown [1] - The ex-dividend date remains September 5, 2025, and the dividend will be paid to holders of record as of that date [2] - Vivakor holds 206,595 shares of Adapti, Inc., which recently acquired a sports agency to integrate with its AdaptAI software platform [3] - Vivakor is an integrated provider of energy transportation, storage, reuse, and remediation services, focusing on developing and operating assets in the energy sector [4] Company Overview - Vivakor's mission includes developing, acquiring, and operating assets in the energy sector, with integrated facilities for crude oil storage, transportation, and remediation services [4] - The company’s oilfield waste remediation facilities aim to recover, reuse, and dispose of petroleum byproducts and oilfield waste [4]

Core Points - Vivakor, Inc. has entered into securities purchase agreements for the sale of 13,000,000 shares of common stock and 2,000,000 pre-funded warrants, generating gross proceeds of $2.7 million [1] - The offering is expected to close on or about October 31, 2025, pending customary closing conditions [1] Company Overview - Vivakor operates in two main business segments: crude oil transportation services and facility services for terminaling and storage of crude oil and its byproducts [4] - The company's transportation services include trucking and pipeline transportation of crude oil, primarily in active regions such as Colorado's DJ Basin, Central Oklahoma's STACK play, and the Permian and Eagle Ford Basins in Texas [5] - Each new oil well in the Permian Basin produces approximately 1,300 barrels of crude oil or more per day, highlighting the productivity of the region [5]