Vivakor, Inc. (NASDAQ:VIVK) on Wednesday disclosed a joint venture with Monarch R&P Management, an affiliate of the principals of CA-2 Materials, Inc. This will create Monarch Remediation & Processing I, LLC.

Details

The partnership will oversee the commissioning and launch of Vivakor's Houston-area Remediation Processing Center (RPC) and related wash plant facility.

The agreement advances the project from development and construction into commissioning and operational preparation. The commercial operations will begin in the third quarter of 2026.

The financial terms of the JV were not disclosed.

Through the joint venture, Vivakor and Monarch will complete final startup activities, prepare the site for service, and support the facility's transition into full commercial operation.

Vivakor expects the RPC to enhance its existing transportation, storage, logistics, terminaling, and energy trading network as it continues to expand its integrated energy and environmental services platform.

Expands Logistics Footprint 

This week, the company's commodities trading platform penned a recurring one-year crude oil transaction.

The transaction entails around 100,000 barrels of crude oil per month through the Cushing Terminal.

The one-year arrangement will span from June 1, 2026, to May 31, 2027. It represents an estimated $9 million per month, or about $108 million annualized, based on current market pricing.

Through its trading and supply operations, the company plans to broaden its capabilities in sourcing, marketing, transporting, and managing crude volumes, driving higher asset utilization, improving network integration, and enhancing value generation across major U.S. production basins.

What Does Vivakor Do?

Vivakor is an operator, acquirer and developer of technologies and assets in the oil and gas industry, along with related environmental solutions. The company focuses on crude oil gathering, storage, and transportation facilities, and it also provides contaminated soil remediation services.

Operationally, it reports two segments: transportation logistics services and terminaling/storage products and services tied to oil and gas production.

The terminaling and storage segment drives most of its revenue, so investors often key in on throughput, utilization, and demand conditions that can influence those assets over time.

VIVK Price Action: Vivakor shares were up 3.38% at $0.57 during premarket trading on Wednesday. The stock is trading near its 52-week low of $0.45, according to Benzinga Pro data.

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