GlobeNewsWire · 9 Oct 2026positive
Vivakor signed a non-binding LOI to acquire all outstanding membership interests in Direct Midstream, a Midland-based water midstream and oilfield waste management company serving the Permian Basin. The proposed acquisition is valued at $40 million, with the LOI setting out principal economic terms after a previously announced indication of interest.
Why it matters — The proposed acquisition could expand Vivakor’s produced-water infrastructure and oilfield waste management operations in the Permian Basin, but the LOI is non-binding.
GlobeNewsWire · 6 Oct 2026positive
Vivakor entered into an indication of interest to acquire Direct Midstream. The proposed transaction would expand its midstream infrastructure and environmental services platform in the Permian Basin.
Why it matters — VIVK watchers may be interested in the proposed acquisition because it could broaden the company’s Permian Basin operations.
GlobeNewsWire · 30 Sept 2026neutral
Vivakor, Inc. announced a 1-for-15 reverse stock split of its issued and outstanding common stock, expected to become effective at the opening of trading on the Nasdaq Capital Market on October 5, 2026, under the existing ticker symbol "VIVK."
Why it matters — A reverse stock split consolidates Vivakor's outstanding shares and will change the number of shares held by VIVK investors while the company continues trading under its existing ticker symbol.
GlobeNewsWire · 3 Sept 2026neutral
Vivakor, Inc. provided an update on its previously announced special dividend consisting of shares of Adapti, Inc. common stock held by the company. The company is an integrated provider of energy transportation, storage, reuse, and remediation services.
Why it matters — VIVK watchers would care because the update clarifies the status of the special dividend of Adapti shares, which affects how the company is distributing value from its holdings to shareholders.
GlobeNewsWire · 2 Sept 2026positive
Vivakor, Inc. announced that its wholly owned subsidiary, Vivakor Supply & Trading, LLC, is expected to generate approximately $270 million in unaudited revenue for the three months ending September 30, 2026, based primarily on its current recurring physical crude oil marketing programs.
Why it matters — This guidance provides VIVK watchers with an early indicator of the company's third-quarter revenue performance, driven by its existing ongoing crude oil marketing agreements.