Profile
Sector:
EnergyIndustry:
Oil & Gas IntegratedCountry:
United StatesIPO:
03 September 2009Website:
http://www.vivakor.comNext earnings report:
20 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 22:45:05 GMTDividend
Analysts recommendations
Institutional Ownership
VIVK Latest News
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.
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 months in the making, culminating in Vivakor now owning one of the largest combined fleets of oilfield services in the continental United States.
Vivakor Inc (NASDAQ:VIVK) announced its Board has approved the acquisition of Endeavor Crude, Meridian Equipment Leasing, Equipment Transport, and Silver Fuels Processing, with the deal set to close on October 1, 2024. The Endeavor Entities form a fully-integrated midstream logistics business, specializing in transporting, storing, treating, and selling crude oil, produced water, and hydrocarbons.
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.
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.
Vivakor Inc (NASDAQ:VIVK) told investors it is now targeting the third quarter of 2024 to close 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, known collectively as 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, produced water, and oilfield waste, including truck and pipeline transportation of such commodities, Vivakor highlighted.
Vivakor Inc (NASDAQ:VIVK)'s proposed merger partner Empire Diversified Energy Inc has agreed a new deal relating to hydrogen production from waste. Having announced a proposed merger with Empire in March, Vivakor highlighted the agreement on Thursday.
Vivakor Inc (NASDAQ:VIVK) announced strong financial results for the year ended December 31, showing growth in revenue and gross profit, as well as a reduction in operating and net losses compared to the prior year. The clean energy technology company, which focuses on oil remediation, saw a 111% increase in revenue to $59.3 million, largely due to the oil and natural gas liquid sales from Silver Fuels Delhi acquired in 2022.
Vivakor Inc (NASDAQ:VIVK) announced that it has signed a definitive Membership Interest Purchase Agreement to acquire a group of assets from Jorgan Development for $120 million in stock. The company said it will acquire Endeavor Crude, Meridian Equipment Leasing, including its subsidiary CPE MidCon, Equipment Transport, and Silver Fuels Processing, known collectively as the Endeavor Entities.
Vivakor Inc (NASDAQ:VIVK) announced that it has completed the factory acceptance tests for its Remediation Processing Center (RPC) in Houston, Texas, a major milestone for the company as it advances the site toward commercial operation. The company said the testing of all the control logic, operating screens, PLC controls, plant interlocks and all plant equipment, instruments and devices was carried out in partnership with RK Energy.
What type of business is Vivakor?
Vivakor, Inc. operates, acquires, and develops technologies and assets in the oil and gas industry and related environmental solutions in the United States and Kuwait. The company owns and operates a crude oil gathering, storage, and transportation facility in Delhi, Louisiana. It also owns a crude oil storage tank located near Colorado City, Texas. In addition, the company offers 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 formerly known as NGI Holdings, LLC and changed its name to Vivakor, Inc. in April 2008. The company was incorporated in 2006 and is based in Dallas, Texas.
What sector is Vivakor in?
Vivakor is in the Energy sector
What industry is Vivakor in?
Vivakor is in the Oil & Gas Integrated industry
What country is Vivakor from?
Vivakor is headquartered in United States
When did Vivakor go public?
Vivakor initial public offering (IPO) was on 03 September 2009
What is Vivakor website?
https://www.vivakor.com
Is Vivakor in the S&P 500?
No, Vivakor is not included in the S&P 500 index
Is Vivakor in the NASDAQ 100?
No, Vivakor is not included in the NASDAQ 100 index
Is Vivakor in the Dow Jones?
No, Vivakor is not included in the Dow Jones index
When was Vivakor the previous earnings report?
No data
When does Vivakor earnings report?
The next expected earnings date for Vivakor is 20 November 2024