Vivakor, Inc. (VIVK) saw its shares climb 37.03% to $2.9050 after the company announced two new recurring physical crude oil commercial programs valued at approximately $384 million annually.

The agreements, signed by wholly owned subsidiary Vivakor Supply & Trading, cover purchase and sale transactions at the Cushing and Midland terminals — two of the most significant crude oil trading and transportation hubs in the United States. Cushing, Oklahoma serves as the official delivery point for West Texas Intermediate (WTI) crude oil futures pricing, while the Midland complex connects growing Permian Basin production to Gulf Coast refining and export markets.

Contract Terms and Volume

The new programs are scheduled to begin on August 1, 2026, and run through July 31, 2027. Together, they add roughly 400,000 barrels of marketed crude oil per month, totaling approximately 4.8 million barrels over the one-year contract period.

These additional contracts increase Vivakor's announced annualized commercial activity by about $384 million, bringing the company's disclosed commercial platform above $1.09 billion based on current market pricing assumptions.

Strengthening the Integrated Energy Platform

Vivakor designed the new commercial programs to complement its existing infrastructure network. The company has been building an integrated operating model that combines marketing, logistics, terminaling, and storage services, with recurring commercial transactions now representing a growing share of its operating activities.

The Cushing and Midland terminals are major centers for crude oil trading and transportation in the United States. Expanding activity at these locations increases Vivakor's operational scale while reinforcing established commercial relationships. The recurring nature of the transactions also creates additional opportunities to utilize existing infrastructure assets.

Vivakor stated that the new agreements reflect continued execution of its commercial growth strategy, which focuses on expanding recurring physical crude oil transactions across multiple market locations rather than relying on one-time deals.

Revenue and Profit Recognition

Although the contracts represent approximately $384 million in annualized commercial activity, Vivakor will not recognize the full contract value as revenue or profit. Because Vivakor Supply & Trading operates as an intermediary within the physical crude oil supply chain, only a small portion is recorded as gross profit. Reported earnings will therefore remain substantially lower than the total contract value.

Gross profit from the agreements will depend on commodity prices, market differentials, transaction structures, delivered volumes, and delivery timing — all factors that can fluctuate throughout the contract period and directly affect financial results. Actual recognized profit will vary despite the announced commercial activity estimate.

Broader Strategy

Vivakor has steadily expanded its energy business through transportation, storage, terminaling, and physical commodity marketing operations. The company's early operations centered on environmental remediation technology, and its pivot toward physical crude oil logistics and marketing marks a significant evolution of its business model. The latest agreements continue that strategy by increasing recurring commercial activity and strengthening operational scale. Combined with its existing infrastructure, the new programs reinforce Vivakor's position in the physical crude oil marketing sector while extending its commercial platform above the $1.09 billion annualized level.