Shares of Vivakor surged 145.16%, or $2.5401, to $4.2701 Tuesday afternoon, as the Dallas-based crude oil transportation and marketing company announced a significant expansion of its commodities trading platform tied to new physical crude oil purchase and sale agreements.

Vivakor said its trading subsidiary, Vivakor Supply & Trading, executed four recurring physical crude oil purchase and sale transactions with two commercial counterparties, according to a company announcement. The new contracts run from August 1, 2026, through July 31, 2027, with month-to-month extensions available after that initial term, and cover the Enterprise Cushing and Enterprise Midland markets, two major U.S. crude oil trading hubs.

A significant expansion in marketed volumes

The new agreements increase Vivakor's total marketed crude volumes to 300,000 barrels per month, or 3.6 million barrels annually, and are expected to support approximately $24.1 million in monthly commercial activity, translating to roughly $289.2 million on an annualized basis, based on current market pricing. With these additions, Vivakor now maintains recurring commercial trading programs totaling approximately $709 million in annualized activity and 8.1 million barrels of annual marketed volume across its broader trading operations.

The company noted that while the new deals substantially expand its total marketed trading volumes and commercial activity, Vivakor earns only a small percentage of........

© International Business Times