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MARKETS / NASDAQ / VIVK
NASDAQ · REFUSE SYSTEMS

Vivakor, Inc. VIVK

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$104.4M
▲ 16.3% YoY
$-110.2M
In brief

What this company does

Vivakor, Inc. provides crude oil transportation, terminaling, and marketing services across major U.S. producing basins through an integrated midstream platform. The company employed approximately 20 people as of the date of its annual report, including its Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, several vice presidents, and approximately 4 administrative and operational support staff, as well as independent contractors. The company currently operates across three business segments providing integrated midstream services related to the transfer, storage and trading of oil and constituent products: crude oil transportation, terminaling and storage facility services, and marketing and trading. In its crude oil transportation segment, the company transports crude oil and constituent products, including crude oil waste streams, using a trucking fleet and pipeline infrastructure serving Colorado’s DJ Basin, Central Oklahoma’s STACK play, and the Permian and Eagle Ford Basins of Texas. The company also operates the Omega Gathering Pipeline, a 45-mile crude oil gathering and shuttle system in Blaine County, Oklahoma, connected to the Plains/P66 STACK Pipeline and the Cushing, Oklahoma storage hub. In its terminaling and storage facilities segment, the company's portfolio includes ten crude oil pipeline injection truck stations, primarily in the Permian Basin, and two major terminaling facilities. Launched in August 2024, the company's Marketing and Trading segment manages the purchase, marketing, and resale of commodities, namely crude oil, condensate, natural gas liquids, and refined products such as atmospheric tank bottoms and naphtha. The company was organized on November 1, 2006 as a Nevada limited liability company under the name Genecular Holdings, LLC, was renamed NGI Holdings, LLC two days later, and converted to a Nevada corporation under the name Vivakor, Inc. on April 30, 2008.

Written from the business description in Vivakor, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 15 April 2026. Every sentence was checked against that document before publication.

Growth
USD 104.4M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 104.4 · Net income -110.2
40M80M-40M-80M202020212022202320242025
Compound annual growth
+54.9%
+135.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +135.0% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−106 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -61.1% · Net -105.6%
-200%-400%-600%202020212022202320242025
ROE
FY2025 · ROE -137.3%
-50%-100%202020212022202320242025

Each USD of equity lost 137 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2023 · FCF -4.1
-2.5M-5.0M202020212022202320242025

Total assetsUSD 113.5M
EquityUSD 41.3M
CashUSD 265,019.00
Current ratio0.13×

Equity funds 36% of total assets.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020
Revenue $B0.10.10.10.00.00.0
Operating income $B−0.1−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0
Income tax $B0.00.00.0−0.0−0.00.0
Net income $B−0.1−0.0−0.0−0.0−0.0−0.0
Free cash flow $B··−0.0−0.0−0.0−0.0
EPS, diluted $−318.01−151.32−0.56···
Dividend / sh $······
Payout %······
ROE %−137.3−38.6−60.1−97.8−38.2−18.6
Shares out B0.000.000.030.020.020.01

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 29 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 66 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityRefuse Systems
Listed onNASDAQ
Incorporated inNevada
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2020

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