Vivakor, Inc. (VIVK)

Vivakor, Inc.'s stock (VIVK) has experienced significant volatility and a substantial decline in the past six months. Shareholders have been substantially diluted, with total shares outstanding growing significantly due to financing activities. Vivakor received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement and was granted an extension to regain compliance. The company announced significant debt reduction through the sale of non-core business units. Vivakor announced a registered direct offering. A special dividend payment date was reset. Vivakor Supply & Trading (VST) initiated its first major crude oil transaction. Vivakor signed a letter of intent to acquire Coyote Oilfield Services.

The available information does not explicitly detail specific demand seasonality for Vivakor, Inc.'s products and services. Demand for Vivakor's services is likely tied to the overall activity and production cycles within the oil and gas industry, which can be influenced by broader economic factors and energy demand.

Vivakor, Inc. is an integrated provider of energy infrastructure and environmental services within the Energy sector. The company operates, acquires, and develops technologies and assets in the oil and gas industry, while also providing environmental solutions. Vivakor provides trucking logistics services, terminaling facilities for crude oil, remediation of soil, extraction of hydrocarbons, and sells petroleum commodities. Vivakor launched Vivakor Supply & Trading (VST) to arrange transportation, logistics, and gathering operations for purchased commodities and coordinate their sale.

Vivakor, Inc. has operations primarily in the United States and Kuwait. In the United States, its headquarters are in Dallas, Texas, with trucking transportation services centered in Colorado's DJ Basin, Central Oklahoma's STACK play, and the Permian and Eagle Ford Basins of Texas and New Mexico. Vivakor also has a presence in Vernal, Utah, for oil sands remediation. In Kuwait, Vivakor has deployed a Remediation Processing Center unit for soil remediation, though operations were temporarily suspended due to COVID-19.

Vivakor, Inc. positions itself as a provider of socially responsible technologies and clean energy technologies and environmental solutions. The company focuses on turning oilfield waste into profitable assets. The significant decline in stock price and Nasdaq delisting concerns could implicitly affect public perception and investor confidence.

Vivakor, Inc. has a concentrated ownership structure. The largest individual shareholder is Chairman and CEO James H. Ballengee. Individual insiders collectively hold a notable percentage of the stock. Institutional ownership is relatively low, with major institutional holders including Smith Shellnut Wilson Llc /adv, Inscription Capital, LLC, Vanguard Group Inc, Geode Capital Management, Llc, Two Sigma Securities, Llc, Summit Wealth Group Llc / Co, and Northern Trust Corp.