Delisting risk
VIVK · NASDAQ · Oil & Gas Equipment & Services

Vivakor (VIVK)

Moves, stores, and markets crude oil while developing oilfield-waste hydrocarbon recovery.

$0.8882
Pre-market−0.01 (−1.43%)
At close$0.9011(+14.95%)
Loading prices…

Vivakor, Inc.VIVKEnergy

Provides crude-oil trucking and pipeline transport, terminaling and storage, and physical supply-and-trading services, with a remediation facility in commissioning. Revenue combines service fees with intermediary trading revenue, whose contract value is much larger than its reported gross profit.

Operates U.S. crude-oil transportation and logistics, terminaling and storage, and supply-and-trading businesses. Trucking, pipelines, injection stations, terminals, and storage connect producing regions in Texas, Oklahoma, and Colorado with physical marketing; supply-and-trading buys hydrocarbons, aggregates them, and resells them to refiners and end users.

Is commissioning a Harris County remediation facility designed to process oilfield waste, tank bottoms, vessel residue, and contaminated soil, recovering hydrocarbons for sale. Its vertically integrated model pairs local physical infrastructure with marketing, while throughput and margins depend on commodity prices, regional drilling activity, contracts, and transportation, storage, waste-handling, and remediation requirements.

Company facts

CEOJames H. Ballengee
ListedFeb 14, 2022
ExchangeNASDAQ
HeadquartersDallas, TX
CountryUnited States
Employees20
CIK0001450704
ISINUS92852R6018

Market cap$601.2K
EPS (ttm)−$8,970.53
P/E (ttm)−0.0001
ROE-207.6%
P/B0.0071
P/S0.0067
Dividend yieldDiv yield
Beta0.69vs XLE 0.88

No analyst consensus on record.

Next report
Dec 2, 2026
estimated · in 90 days
EPS estimate
−$386.82
Revenue estimate
$15.8M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Apr '25May '25Aug '25Nov '25Apr '26May '26Aug '26Dec '26
Reported−$0.24−$6.80−$12.00−$83.60−$5.58−$46.40−$13.35Pending
Estimate$15.47$3.09$0.08$0.15−$19.34−$386.82
Surprise−101.6%−319.7%−15,603.9%−54,140.1%+31.0%

RevenueReportedEstimate

Apr '25May '25Aug '25Nov '25Apr '26May '26Aug '26Dec '26
Reported$41.7M$37.3M$29.1M$17.0M$21.0M$19.5M$32.1MPending
Estimate$20.0M$20.0M$18.2M$20.0M$15.8M$15.8M
Surprise+108.0%+86.3%+60.0%−15.3%+103.9%
Estimate−$386.82
ReportedDue Dec 2, 2026
Estimate$15.8M
ReportedDue Dec 2, 2026
View details

Debt to equity96.50%
Current ratio19.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$15.9M$41.7M$37.3M$29.1M$17.0M$21.0M$19.5M$32.1M
Net income−$1.7M−$15.3M−$7.5M−$12.5M−$34.3M−$55.9M−$4.6M−$2.8M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$2.0M−$6.9M−$6.4M−$6.8M−$9.0M−$1.0M−$2.4M$158.3K
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $840.3K · Total debt $39.3M · Total assets $114.4M · Shareholders' equity $40.8M

Revenue
$32.1M
Operating income
$158.3K
Net income
−$2.8M
View details

No dividends on record.

Institutions4 holders · as of Dec 31, 20250.00%29 shares
Insiders2 holders · as of Dec 4, 20250.09%7.6K shares
Otherremainder99.91%8.18M shares

8.18M company shares as of Sep 3, 2026 · institutions as of Dec 31, 2025 · holders as of their latest filing

Two share counts disagree (8.18M in the company's Sep 3, 2026 report, 667.2K elsewhere); stakes use the report.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
James H. BallengeeInsiderdirector, 10 percent owner, officer: CEO
0.09%7,642Form 4filed Nov 18, 2025
XTX Topco LtdInstitution
0.00%91,69513Fas of Dec 31, 2025
Kimberly Ann HawleyInsiderofficer: CFO
0.00%6Form 4filed Dec 4, 2025
TCFG Wealth Management, LLCInstitution
0.00%11,09713Fas of Dec 31, 2025
T3 Companies, LLCInstitution
0.00%10,00013Fas of Dec 31, 2025
See all 12

13F — a manager's quarterly holdings · Form 4 — an insider's transaction report

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

ComparePre-market

CompanyPriceChange
Vivakor$0.8882−1.43%$601.2K0.0+10.4%
Plains All American Pipeline$26.38+2.51%$18.15B7.115.70.3+66.3%
Enterprise Products Partners$39.58+0.53%$85.16B13.712.91.5+60.8%
Clean Harbors$315.22−0.06%$16.64B38.331.52.7+12.0%
Select Water Solutions$19.77−0.15%$2.17B73.529.01.5+8.7%
Median26.022.41.5+36.4%