Vivakor
VIVK

$2.36

3.05%

Market Cap: 65.4M

About: Vivakor Inc is a socially responsible operator, acquirer and developer of technologies and assets in the oil and gas industry, as well as related environmental solutions. It is primarily focused on operating crude oil gathering, storage and transportation facilities, as well as contaminated soil remediation services.

Employees: 5

Utilities Refuse Systems

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

400% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 1

0.08% more ownership

Funds ownership: 12.31% [Q4 2023] → 12.38% (+0.08%) [Q1 2024]

7% less funds holding

Funds holding: 14 [Q4 2023] → 13 (-1) [Q1 2024]

23% less capital invested

Capital invested by funds: $3.37M [Q4 2023] → $2.6M (-$774K) [Q1 2024]

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 1

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Research analyst outlook

We haven’t received any recent analyst ratings for VIVK.

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Financial journalist opinion

Proactive Investors

Vivakor eyes Q3 for closing of Endeavor Entities acquisition

Vivakor Inc (NASDAQ:VIVK) told investors it is now targeting the third quarter of 2024 to close its previously announced acquisition of Endeavor Crude, LLC, Meridian Equipment Leasing, LLC, its subsidiary CPE Gathering MidCon, LLC, Equipment Transport, LLC, its subsidiary ET EmployeeCo, LLC, and Silver Fuels Processing, LLC, known collectively as the Endeavor Entities. The Endeavor Entities are providers of oil and gas logistics, transportation, gathering, blending, storage, remediation, and reuse of crude oil, crude oil byproducts, produced water, and oilfield waste, including truck and pipeline transportation of such commodities, Vivakor highlighted.

Vivakor eyes Q3 for closing of Endeavor Entities acquisition

Vivakor Provides Update on the Endeavor Entities Closing

DALLAS, TX / ACCESSWIRE / July 2, 2024 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), an integrated provider of sustainable energy transportation, storage, reuse, and remediation services, today is pleased to provide an update on the closing of its previously announced acquisition of Endeavor Crude, LLC, Meridian Equipment Leasing, LLC, its subsidiary CPE Gathering MidCon, LLC, Equipment Transport, LLC, its subsidiary ET EmployeeCo, LLC, and Silver Fuels Processing, LLC (collectively, the "Endeavor Entities"). The Endeavor Entities are providers of oil and gas logistics, transportation, gathering, blending, storage, remediation, and reuse of crude oil, crude oil byproducts, produced water, and oilfield waste, including truck and pipeline transportation of such commodities.

Vivakor Provides Update on the Endeavor Entities Closing

Proactive Investors

Vivakor merger partner pens waste to hydrogen deal

Vivakor Inc (NASDAQ:VIVK)'s proposed merger partner Empire Diversified Energy Inc has agreed a new deal relating to hydrogen production from waste. Having announced a proposed merger with Empire in March, Vivakor highlighted the agreement on Thursday.

Vivakor merger partner pens waste to hydrogen deal

Vivakor Regains Compliance with Nasdaq Minimum Bid Price Requirement

DALLAS, TX / ACCESSWIRE / May 9, 2024 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), a clean energy technology company focused on the oil remediation and natural resources sectors, today announced that it has received notice from The Nasdaq Stock Market informing the Company that, after having a closing bid price at or greater than $1.00 per share for 10 consecutive business days from April 19 to May 2, 2024, the Company has regained compliance with the minimum closing bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market, and that the matter is now closed. About Vivakor, Inc. Vivakor, Inc. (NASDAQ:VIVK), is a clean energy technology company focused on the oil remediation and natural resources sectors.

Vivakor Regains Compliance with Nasdaq Minimum Bid Price Requirement

Proactive Investors

Vivakor grows revenue and profits and narrows losses in 2023

Vivakor Inc (NASDAQ:VIVK) has reported impressive results for the financial year ended December 31, with both revenue and gross profit increasing and the company narrowing its operating and net losses when compared to the previous year. The oil remediation-focused clean energy technology company grew its revenue by 111% year-over-year to $59.3 million, with the increase attributed to realized oil and natural gas liquid sales from the operations of Silver Fuels Delhi acquired in 2022.

Vivakor grows revenue and profits and narrows losses in 2023

Vivakor Reports 111% Revenue Growth to $59.3 Million Revenue for 2023

DALLAS, TX / ACCESSWIRE / April 29, 2024 / Vivakor, Inc. (Nasdaq:VIVK) ("Vivakor" or the "Company"), a clean energy technology company focused on the oil remediation and natural resources sectors, today announced financial and operational results for the twelve months ended December 31, 2023. Key Financial Highlights for the Year Ended December 31, 2023 (year-over-year): Revenue increased 111% to $59.3 million Gross profit increased 75% to $5.0 million Gross margin of 8.5% Operating loss decreased 72% to $6.3 million Adjusted EBITDA increased approximately 122% to $0.5 million Net loss decreased 45% to $10.7 million Subsequent to the End of 2023: Signed Definitive Merger Agreement with Empire Diversified Energy for a Combined Enterprise Value of Approximately $250 Million at Time of Signing Signed Definitive Agreement to Acquire Endeavor Entities for $120 Million Management Commentary Vivakor Chairman and Chief Executive Officer James Ballengee commented, "We are pleased with our 2023 financial results, as our operating assets in Colorado City, Texas and Delhi, Louisiana continue to meet our expectations.

Vivakor Reports 111% Revenue Growth to $59.3 Million Revenue for 2023

Proactive Investors

Vivakor to acquire Endeavor Entities in $120M all-stock deal

Vivakor Inc (NASDAQ:VIVK) announced that it has signed a definitive Membership Interest Purchase Agreement to acquire a group of assets from Jorgan Development for $120 million in stock. The company said it will acquire Endeavor Crude, Meridian Equipment Leasing, including its subsidiary CPE MidCon, Equipment Transport, and Silver Fuels Processing, known collectively as the Endeavor Entities.

Vivakor to acquire Endeavor Entities in $120M all-stock deal

Vivakor Signs Definitive Agreement to Acquire Endeavor Entities for $120 Million

DALLAS, TX / ACCESSWIRE / March 25, 2024 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), a socially responsible operator, acquirer and developer of clean energy technologies and environmental solutions, today is pleased to announce that as of March 21, 2024, it signed a definitive Membership Interest Purchase Agreement ("MIPA") to acquire Endeavor Crude, LLC, Meridian Equipment Leasing, LLC, including its subsidiary CPE MidCon, LLC, Equipment Transport, LLC., and Silver Fuels Processing, LLC , collectively the Endeavor Entities ("Endeavor Entities"), from Jorgan Development, LLC and JBAH Holdings, LLC (collectively "Jorgan").

Vivakor Signs Definitive Agreement to Acquire Endeavor Entities for $120 Million

VIVAKOR INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Vivakor, Inc. - VIVK

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Vivakor, Inc. (the “Company”) (NasdaqCM: VIVK) and Empire Diversified Energy, Inc. (OTC: MPIR). KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger undervalues the Company. If you would like to discuss your legal rights regarding the proposed tran.

VIVAKOR INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Vivakor, Inc. - VIVK

VIVK Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Vivakor, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Vivakor, Inc. (NASDAQ: VIVK) and Empire Diversified Energy, Inc. is fair to Vivakor shareholders. Halper Sadeh encourages Vivakor shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Vivakor and its board violated.

VIVK Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Vivakor, Inc. Is Fair to Shareholders

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