Vivakor reports Q1 EPS (21c) vs (7c) last year

Reports Q1 revenue $37.3M vs $16M last year. Vivakor (VIVK) Chairman and Chief Executive Officer James Ballengee commented, “Our first quarter results were as expected and demonstrate the strength of our long-term contracts. While transportation volumes were down slightly due to the impact of global events and the uncertainty associated with such, our margins remained relatively flat, as we adjusted our framework of operating expenses. And as crude oil pricing dropped from the mid-$70’s to the mid-60’s during the quarter, our EBITDA remained flat.”