Vivakor (VIVK) AI Stock Analysis

• Market Cap: $45.70M
• Dividend Yield: N/A
• Average Volume (3M): 233.90K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.19
• Revenue Growth: 85.84%
• EPS Growth: -53.96%
• Country: US
• Employees: 150
• Sector: Energy
• Sector Strength: 48
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -0.21
• Shares Outstanding: 47,297,348
• 10 Day Avg. Volume: 592,419
• 30 Day Avg. Volume: 233,901
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 2.27
• Enterprise Value/Revenue: 0.93
• Enterprise Value/Gross Profit: 7.47
• Enterprise Value/Ebitda: -10.27
• 1Y Price Target: $1.00
• Price Target Upside: 5.26% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 53 Neutral
• Price Target: $1.00 ▲(5.26% Upside)

Vivakor's overall stock score is primarily influenced by strong revenue growth and positive cash flow trends, balanced against high leverage and negative net income. Technical indicators show moderate bullish momentum, but valuation concerns due to ongoing losses detract from attractiveness. Corporate events signal strategic initiatives but also reveal internal challenges.

Vivakor Business Overview & Revenue Model

Company Description

Vivakor, Inc. (VIVK) is an innovative company focused on providing sustainable and environmentally friendly solutions in the oil and gas sector. The company specializes in the extraction and processing of valuable resources from waste materials, particularly through its proprietary technology that enhances the recovery of oil and other hydrocarbons from various sources. Vivakor operates in the energy and environmental sectors, aiming to reduce waste while maximizing resource recovery and promoting sustainability.

How the Company Makes Money

Vivakor generates revenue primarily through the sale of extracted hydrocarbons and processed materials derived from its proprietary technology. The company has established key partnerships with various stakeholders in the oil and gas industry, which enhance its operational capabilities and market reach. Additionally, Vivakor may earn revenue through licensing its technology and processes to other companies seeking sustainable solutions for resource recovery. The combination of these revenue streams, along with potential government incentives for environmentally friendly practices, contributes significantly to Vivakor's earnings.

Vivakor Financial Statement Overview

Summary

Vivakor shows strong revenue growth but struggles with profitability due to negative net income and high leverage. Improvements in cash flow are positive but operational inefficiencies remain a concern.

Income Statement

Vivakor has demonstrated significant revenue growth with an increase from $59.3 million in 2023 to $111.1 million in TTM (Trailing-Twelve-Months) 2025. However, the company has consistently reported negative net income, with a net loss of $27.8 million in TTM 2025. Gross profit margin improved slightly, but the EBIT and EBITDA margins remain negative, indicating ongoing operational inefficiencies.

Balance Sheet

The company's debt-to-equity ratio is relatively high, indicating significant leverage, with total debt at $82.8 million against equity of $112.9 million in TTM 2025. The equity ratio shows that 45.5% of the company's assets are financed by equity, reflecting moderate financial stability. However, the high level of debt presents potential risk.

Cash Flow

Vivakor's free cash flow has improved from negative in prior years to a positive $129k in TTM 2025, suggesting better cash management. The operating cash flow to net income ratio indicates that operating cash flow has been stronger than reported net income losses, pointing to potential for operational recovery.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	89.81M	59.32M	28.11M	1.09M	1.46M
Gross Profit	10.22M	5.02M	2.87M	37.75K	101.40K
EBITDA	-10.05M	-2.78M	-20.21M	-6.34M	-755.62K
Net Income	-22.19M	-10.74M	-19.44M	-5.53M	-2.36M
Balance Sheet
Total Assets	241.04M	71.24M	76.34M	47.35M	42.30M
Cash, Cash Equivalents and Short-Term Investments	1.31M	1.24M	4.84M	3.72M	4.42M
Total Debt	80.24M	33.43M	40.59M	13.01M	8.69M
Total Liabilities	125.92M	54.00M	49.28M	20.19M	16.25M
Stockholders Equity	119.24M	17.20M	18.85M	22.54M	24.77M
Cash Flow
Free Cash Flow	-2.73M	-4.09M	-6.63M	-7.42M	-2.97M
Operating Cash Flow	1.81M	-764.90K	-4.14M	-2.90M	-1.75M
Investing Cash Flow	302.19K	-3.71M	-2.33M	-4.51M	-1.23M
Financing Cash Flow	819.67K	2.04M	8.17M	8.51M	2.77M

Vivakor Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.95
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VIVK, the sentiment is Positive. The current price of 0.95 is above the 20-day moving average (MA) of 0.93, above the 50-day MA of 0.87, and below the 200-day MA of 1.03, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 51.82 is Neutral, neither overbought nor oversold. The STOCH value of 7.64 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for VIVK.

Vivakor Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NRT	71 Outperform	$50.46M	9.36	432.55%	8.61%	18.55%	24.04%
Sector *	66 Neutral	$14.70B	8.63	6.04%	5.56%	4.06%	-72.72%
PRT	57 Neutral	$48.78M	8.86	7.52%	10.82%	5.12%	6.25%
PVL	54 Neutral	$60.89M	21.58	6.10%	5.11%	-25.72%	-70.97%
VIVK	53 Neutral	$45.70M	―	-43.22%	―	85.84%	-53.96%
USEG	44 Neutral	$40.45M	―	-55.07%	―	-40.81%	57.32%

Vivakor Corporate Events

Vivakor Announces Executive Departure and Transition

On August 3, 2025, Vivakor announced the resignation of Russ M. Shelton from his roles as Executive Vice President and Chief Operating Officer. His departure was amicable, with no disagreements over financial practices, and he will assist in transitioning his responsibilities. Additionally, Vivakor set a record date of August 20, 2025, for a special dividend of Adapt, Inc. shares, and announced its annual shareholder meeting for September 11, 2025.

Vivakor Appoints New CFO Amid Leadership Changes

Vivakor, Inc. has announced the appointment of Kimberly Hawley as Executive Vice President, Chief Financial Officer, and Treasurer, effective July 24, 2025. Ms. Hawley brings extensive experience from her previous role at Empire Diversified Energy, where she managed financial operations and secured significant long-term financing. This leadership change follows the resignation of Tyler Nelson, the former CFO, who cited disagreements with Vivakor’s financial processes and strategic decisions, as well as issues with internal controls, as reasons for his departure.

Vivakor Issues Additional Note and Commitment Shares

On July 9, 2025, Vivakor issued an Additional Note and agreed to provide Commitment Shares to a Lender, which are marked with a standard Rule 144 restrictive legend. The issuance was exempt from registration under the Securities Act as the holder is an executive officer familiar with the company’s operations, and funds were received on July 15, 2025.

Vivakor Raises $4.35M Through Convertible Notes

Between June 6 and June 9, 2025, Vivakor issued convertible promissory notes to seven non-affiliated accredited investors, raising $4,350,000 after fees. The notes, which mature in twelve months, feature a 15% original issuance discount and a 10% interest charge, and are convertible based on the company’s stock price. Additionally, 652,500 shares of common stock were issued as an incentive.

Vivakor Issues Convertible Note Amid Strong Q1 Growth

Vivakor announced the issuance of a convertible promissory note worth $172,500 to a non-affiliated accredited investor on May 28, 2025, as part of a Securities Purchase Agreement. The note, which matures in twelve months, includes a 15% original issuance discount and a 10% interest charge, and is convertible at 80% of the lower of the company’s stock price or the average of the four lowest VWAPS over the prior 20 trading days. Additionally, Vivakor reported a significant financial performance for the first quarter of 2025, with a 133% increase in revenue to $37.3 million and a 345% rise in gross profit to $4.8 million, driven by the operations of newly acquired Endeavor Entities. The company also announced a special dividend of shares of Adapti, Inc., and an expansion in the Permian Basin with 10 new pipeline stations, indicating a strong start to 2025 and potential for further growth.

Vivakor Issues Restricted Stock for Dividends

Between May 14, 2025, and May 19, 2025, Vivakor issued convertible promissory notes totaling $575,000 to accredited investors under a Securities Purchase Agreement, receiving $500,000. The notes mature in twelve months, carry a 15% original issuance discount, and a 10% interest charge, and are convertible at 80% of the lower of the closing stock price or the average of the four lowest VWAPS over the prior twenty trading days. Additionally, 75,000 shares of common stock were issued as an incentive. On May 20, 2025, Vivakor issued 1,764,964 shares of restricted common stock for dividends to Series A Preferred Stock holders, including significant allocations to entities controlled by CEO James Ballengee.