Vivakor, Inc.
- Market Cap (Standard market cap (price × shares outstanding) from the company profile — shown because the screener's float-computed cap is unavailable for this ticker.)
- $215.3K
- Price
- $4.70
- % Change (Daily % change from the live per-ticker quote feed.)
- -2.93%
- Volume
- 1.9M
About
Vivakor, Inc. is an energy infrastructure and environmental services company. It operates crude oil gathering, storage, and transportation facilities, and provides soil remediation services to extract hydrocarbons from contaminated properties. The company's business is focused on operating assets in the energy sector, including trucking, pipelines, and terminaling facilities for crude oil and related petroleum products.
Quick stats
Shares outstanding—
Computed float4.7M
Float / sharesUnknown
Cash runway (months)6.8
Key info
SectorEnergy
IndustryOil & Gas Equipment & Services
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001450704
Websitehttps://vivakor.com
AI Summary
AI-generated1/32
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Vivakor Enters into Indication of Interest to Acquire Direct Midstream
Vivakor signed a non-binding Indication of Interest to acquire 100% of Direct Midstream, a Midland, Texas-based water midstream company serving Permian Basin operators.
Direct Midstream operates seventeen saltwater disposal facilities and nine fresh water and brine stations, with roughly 11.5 million barrels per month of permitted disposal capacity.
The proposed deal would expand Vivakor's Permian footprint and complement its transportation, terminaling and environmental services platform, though no price was disclosed and completion is not assured.
Red flags
- IOI is non-binding; no definitive agreement executed and no assurance of closing
- No purchase price or consideration structure disclosed