Vivakor, Inc. (NASDAQ: VIVK) shares surged more than 200% on Tuesday following the announcement of a significant expansion in its physical crude oil marketing platform. The company executed four new recurring transactions through its wholly owned subsidiary Vivakor Supply & Trading, LLC (VST), increasing total annualized commercial activity to approximately $709 million. The new agreements are expected to generate approximately $289 million in annualized commercial activity based on current market prices, significantly boosting operational capacity.

The transactions commence August 1, 2026, and continue through July 31, 2027, with month-to-month renewals thereafter. They involve two commercial counterparties and cover trading locations at Enterprise Cushing and Enterprise Midland. These additions increase VST's marketed volumes by 300,000 barrels per month, or 3.6 million barrels annually. Following this expansion, Vivakor's recurring commercial programs now represent approximately 8.1 million barrels of annual marketed crude oil volumes.

Transaction Details

*Based on current market pricing assumptions. Actual revenues will vary based on commodity prices, market differentials, delivered volumes and timing.

Vivakor stated that consistent with standard physical commodity marketing transactions, VST only recognizes a small percentage of the total contract value as gross profit. This reflects its role as an intermediary in the physical crude oil supply chain. Consequently, gross profit will represent only a portion of the estimated commercial activity and will vary based on market conditions.

Market Performance

Vivakor's stock performance notably outperformed the broader market and the Energy sector. While the S&P 500 was up 0.5% and the Energy sector gained 0.26%, Vivakor shares were up 204.03% at $5.25 at the time of publication. The stock is trading near its 52-week low of $1.51. Over the past 30 days, the Energy sector has gained approximately 7.40%, but Vivakor's recent move highlights a more aggressive growth trajectory driven by its expanded marketing capabilities.

Vivakor, Inc. (NASDAQ: VIVK) shares fell 31.30% in after-hours trading to $0.21 on Tuesday following the announcement of a 1-for-20 reverse stock split effective July 17, 2026. The company closed the regular session at $0.30, down 1.76%. The reverse split is intended to increase the per-share trading price and support the Company’s continued listing on the Nasdaq Capital Market.

Reverse Split Details

The Board of Directors approved the specific ratio of 1-for-20 for the current split. This action consolidates every twenty shares of issued and outstanding common stock into one share. The stock will continue to trade under the existing ticker symbol "VIVK" but with a new CUSIP number 92852R601. The reverse split was approved by stockholders at the 2026 Annual Meeting on June 30, 2026, which authorized a range of splits from one-for-two (1:2) up to one-for-two thousand (1:2000).

Impact on Share Structure

The reverse stock split will reduce the number of outstanding shares from approximately 13.34 million to approximately 667,200. The number of authorized shares will remain unchanged. No fractional shares will be issued; stockholders entitled to a fractional share will instead receive one whole share.

Trading Metrics

Vivakor has a market capitalization of approximately $1.28 million. The stock has a 52-week high of $260.00 and a 52-week low of $0.25. Over the past 12 months, VIVK shares have declined 99.80%.

About Vivakor, Inc.

Vivakor, Inc. is an integrated provider of sustainable energy transportation, storage, reuse, and remediation services. The Company operates one of the largest fleets of oilfield trucking services in the continental United States. Its integrated facilities assets provide crude oil, storage, transportation, reuse, and remediation services under long-term contracts.