Vivakor Inc

vivakor.com

What Do They Do?

Provides crude-oil transportation, terminaling and storage, and oil marketing services to producers, refiners and end users. Develops oilfield-waste treatment and recycling services.

How Do They Make Money?

Customers buy crude oil and related petroleum products at delivery, while transportation, terminaling and storage fees are earned as services are provided; typical payment terms are short.

revenue

Segment	Share	Revenue	How money arrives
Revenues Mix	81%		Mix
Revenues Related Party	19%

Who Are Their Customers?

Customers include producers, marketers, refiners and end users. Vivakor buys hydrocarbons from producers and counterparties, then resells them under contract to refiners and end users.

Customers above 10% of revenue, FY2025

of revenue from one customer

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +10%; vs $29.1M in Q2 FY2025
Net income: ▼ −77% (Loss); vs −$12.5M in Q2 FY2025

Revenues share of revenue vs 72.2% in Q2 FY2025

Aug 13, 2026 Vivakor began evaluating a possible M2i combination The non-binding proposal would link commodities trading and remediation with M2i’s critical-minerals platform; terms remain under negotiation.

Growing. Revenue grew 95.9x in 4 years, from $1.1M in FY2021 to $104.4M in FY2025, about 213% a year.

Adds commodity marketing The older business description centers on crude gathering, storage, transportation and soil remediation; the latest also includes buying and reselling crude oil and related products through a marketing and trading segment.

Remediation remains planned The older report describes contaminated-soil remediation among the company’s current efforts; the latest places it in a planned segment centered on a processing center still under development.

Revenue over time

Revenues Revenues Related Party

$200M$100M$0

FY2024 FY2025

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