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VIVK — Vivakor News Story

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Energy transportation firm Vivakor's Q3 revenue rises 7%

Nov 20 (Reuters) -
Overview

Vivakor Q3 revenue increased 7% to $17 mln, driven by transportation and logistics

Gross profit rose 173% to $4.7 mln, with gross margin improving to 27.8%

Company completed divestiture, eliminating $59 mln in debt, improving capital structure

Outlook

Vivakor expects to launch its Remediation Processing Center in Houston in Q1 2026

Company anticipates growth in supply and trading business

Vivakor aims to scale trading and logistics operations efficiently

Result Drivers

DIVESTITURE IMPACT - Sale of non-core units reduced debt by $59 mln, improving capital structure and operational efficiency

SUPPLY AND TRADING GROWTH - Increased activity in crude oil and LPG markets boosted supply and trading segment

OPERATIONAL IMPROVEMENTS - Gross margin increased due to operational efficiencies and improved service mix

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Revenue$17 mln
Q3 EPS-$2.09
Q3 Net Income-$36 mln
Q3 Gross Margin27.80%
Press Release: ID:nGNX1vRRfW For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com

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