Vivakor Jumps 45% on $384M Annual Crude Program Deal

Vivakor shares surged 45.75% to $3.09 on Friday after the company said it launched two recurring physical crude oil marketing programs. The company expects the programs to generate roughly $384 million in annualized commercial activity.

The $384 million figure represents total commercial flow, not profit. Still, it marks a material scaling of Vivakor's marketing operations. The stock had traded below $2.20 in recent sessions before the announcement.

Vivakor has not disclosed the counterparties or the specific basins involved. The company focuses on environmental services and crude oil logistics, with prior marketing activity concentrated in the Permian and other U.S. onshore plays. The new programs add recurring revenue streams tied to physical barrels.

Shares closed near the top of the daily range, suggesting buying pressure held through the session close. The move adds roughly $0.97 per share in market value.