Vivakor Stock Price, News & Analysis

Vivakor, Inc. (NASDAQ:VIVK) announced a definitive agreement to acquire Silver Fuels Delhi, LLC and White Claw Colorado City, LLC for approximately $37.4 million. The acquisitions, expected to close within 30 days, will enhance Vivakor's operations in crude oil gathering, storage, and transportation, contributing an anticipated revenue boost from SF Delhi's $33 million revenue in 2021. With long-term contracts in place, the deal aims to strengthen Vivakor's infrastructure and market presence in the energy sector, leveraging its patented RPC machine technology for oil remediation.

Vivakor, Inc. (Nasdaq:VIVK) announced its CEO, Matt Nicosia, will present at the LD Micro Invitational XII Investor Conference on June 7, 2022, at 2:30 PM PT (5:30 PM ET) in Westlake Village, California. Nicosia will discuss the company’s remediation processing centers and ongoing projects in Utah and Kuwait. He will also be available for one-on-one meetings. For conference details or to schedule a meeting, contact Mary Manzella at mary@ldmicro.com. Visit www.ldmicro.com for more information.

Vivakor, Inc. (NASDAQ:VIVK) is set to present at the Rocky Mountain Microcap Conference IX on May 25, 2022, at 3:24 PM PT/6:24 PM ET. CEO Matt Nicosia will provide insights into the company's clean energy technologies and environmental solutions. Vivakor focuses on oil remediation and the recovery of hydrocarbons, leveraging patented Remediation Processing Centers that can clean contaminated soils with over 5% oil content. The company operates in Eastern Utah, Kuwait, and Houston, aiming to deliver solid returns to its shareholders.

Vivakor, Inc. (NASDAQ: VIVK) reports a total of $22.6 million in Special Purpose Vehicle (SPV) funding, successfully financing three Remediation Processing Centers (RPCs) without diluting public shareholder equity. The company highlighted its innovative equipment financing structure at the 2022 Mick Law Energy & Global Alts Symposium, aiming to foster new relationships with over 70 financial professionals. CEO Matt Nicosia emphasized their strategy to avoid shareholder dilution while expanding RPC operations focused on environmentally responsible oil remediation.

Vivakor, Inc. (NASDAQ:VIVK) announced its participation in the virtual Sidoti & Company Micro Cap Conference on May 11-12, 2022. CEO Matt Nicosia will present an overview of the company, including a significant $250 million asphalt contract from its Utah facility. The presentation is scheduled for 3:15 p.m. ET on May 11 and will be webcast live, with replays available. Vivakor focuses on environmentally friendly oil remediation technologies, aiming to recover hydrocarbons from contaminated soils, particularly in Eastern Utah, Kuwait, and Houston.

Vivakor, Inc. (NASDAQ: VIVK) has signed a Master Work Agreement with JVS Holdings Inc. (EMS) for waste processing in Houston, Texas. This partnership aims to deploy Vivakor's Remediation Processing Center (RPC) technology, targeting the cleanup of oil sludge and other waste from refineries. The first RPC is fully funded and expected to be operational by June, capable of processing 100 barrels per hour and reclaiming 1,000 barrels of recycled oil daily. This initiative addresses the significant tank bottom sludge market, estimated at over 9 billion tons.

Vivakor, Inc. (Nasdaq: VIVK) will participate in the Nasdaq Closing Bell ceremony on May 2, 2022, at 3:45 p.m. ET, celebrating its recent listing on February 14, 2022. CEO Matt Nicosia will ring the bell with the team, marking a significant milestone for the company. Vivakor focuses on clean energy technologies, particularly oil remediation. The event underscores its commitment to growth and shareholder value.

Vivakor, Inc. (NASDAQ: VIVK) announced a significant 10-year contract with Hot Oil Transport, LLC, potentially valued at $250 million. This agreement allows Vivakor to supply up to 50,000 tons of asphalt cement annually from its Vernal, Utah site, contingent on full operational capacity. The expected annual revenue could range from $25 million to $30 million once fully ramped up. To achieve this, Vivakor plans to invest $18 million in additional infrastructure. This contract marks a pivotal milestone for Vivakor's growth in the clean energy sector.

Vivakor, Inc. (NASDAQ:VIVK) has announced the completion of design stages for self-powered roadway sensors in collaboration with TBT Group, Inc. and Rowan University's CREATEs. This project includes four types of sensors that will collect vital data to enhance road safety and maintenance efficiency, specifically for autonomous vehicles. The innovative technology utilizes piezo-electric energy harvesting, eliminating the need for batteries and reducing long-term costs. This partnership positions Vivakor to contribute significantly to smart infrastructure development.