Integrated trading with logistics and midstream assets
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Vivakor’s Trading Platform Launches Full-Scale Operations with $24 Million Commodity Transaction
Globenewswire· 2025-10-30 12:30
Core Insights - Vivakor, Inc. has initiated its first major commodity transaction through its trading platform, Vivakor Supply & Trading, marking a significant milestone for the company [1][4] - The transaction involves a $24 million crude oil deal, which is expected to enhance the company's logistics and midstream asset integration [4] - The trading platform aims to generate substantial revenue as it scales operations under long-term credit facilities, recognizing approximately 1% of the contract value [3] 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 [5] - The company’s facilities support crude oil storage, transportation, and remediation services under long-term contracts, contributing to its operational capabilities [5] Operational Capabilities - Vivakor Supply & Trading is responsible for arranging transportation, logistics, and sales for commodities, leveraging the company's midstream logistics capabilities, including a trucking fleet and terminal facilities [2] - The platform's first transaction allows for active crude oil marketing in the Permian Basin, utilizing various midstream assets for integrated service delivery [3]