$VIVKJun 17, 2026, 12:30 PMAI processed
VIVK inks one-year Bakken crude deal expected to generate ~$115M annualized gross revenue
AI Summary
Vivakor's trading arm VST signed a recurring one-year Bakken crude oil transaction starting July 1, 2026 to move ~120,000 barrels/month (~4,000 bpd), which at current pricing is expected to produce about $9.6M/month (~$115M annualized) in gross revenue. The company says this expands its Bakken commercial footprint and brings total contracted recurring 2026 revenue opportunities to roughly $300M, but notes VST will generally recognize only a small percentage of the total contract value as its revenue and actual amounts will vary with pricing, volumes and transaction structure.
Positives
- One-year recurring transaction covering ~120,000 barrels/month (~4,000 bpd) starting July 1, 2026
- Estimated ~$9.6M/month (~$115M annualized) in gross revenue at current pricing assumptions
- Company says contracted recurring 2026 revenue opportunities now total ~ $300M and deal uses pipeline-connected injection facilities in Stanley and Beaver Lodge, ND
Negatives
- VST acts as an intermediary and will generally recognize only a small percentage of the contract's total value as revenue
- Reported $115M is a gross, annualized estimate and actual revenue depends on market pricing, volumes and transaction structure