Vivakor Targets $2 Billion Crude Trading Annualized Value

Vivakor Inc.'s subsidiary Vivakor Supply & Trading (VST) has entered into new sales contracts for West Texas Intermediate (WTI) crude oil, running from September 1, 2026, through August 31, 2027. The company's Chairman of the Board, President and Chief Executive Officer James Ballengee describes this announcement as a step toward an annualized commercial activity target of nearly two billion dollars for its trading business.

The oil sector is experiencing price volatility, with ExxonMobil and Chevron's quarterly earnings recently boosted by rising oil prices. Vivakor has presented successive tiers of annualized commercial activity in a series of closely spaced press releases since July 21, 2026. However, the two-billion-dollar figure cited today appears only in an executive quote, without a formal updated figure.

The 'annualized commercial activity' figure measures the total value of physical trading contracts entered into by VST, not the company's revenue or net profit. According to Vivakor, VST retains only a fraction of this value as gross margin, which varies depending on commodity prices and transaction structures.