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Vivakor, Inc. operates, acquires, and develops technologies and assets in the oil and gas industry and related environmental solutions in the United States and Kuwait. The company owns and operates a crude oil gathering, storage, and transportation facility in Delhi, Louisiana. It also owns a crude oil storage tank located near Colorado City, Texas. In addition, the company offers remediation of soil and the extraction of hydrocarbons, such as oil from properties contaminated by or laden with heavy crude oil and other hydrocarbon-based substances. The company was formerly known as NGI Holdings, LLC and changed its name to Vivakor, Inc. in April 2008. The company was incorporated in 2006 and is based in Dallas, Texas.
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| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | -24.68M | -8.31M | -2.40M | - | - |
| Minority interest | 0.81M | 2.17M | 1.28M | 1.34M | -0.01M |
| Net income | -19.44M | -5.53M | -2.36M | - | - |
| Selling general administrative | 9.96M | 4.65M | 2.81M | - | - |
| Selling and marketing expenses | 0.39M | 0.85M | 0.57M | - | - |
| Gross profit | 2.87M | 0.04M | 0.10M | - | - |
| Reconciled depreciation | 2.95M | 1.46M | 1.56M | - | - |
| Ebit | -10.44M | -6.93M | -4.83M | -2.30M | -1.87M |
| Ebitda | -7.33M | -5.33M | -3.20M | - | - |
| Depreciation and amortization | 3.11M | 1.59M | 1.64M | - | - |
| Operating income | -10.44M | -6.93M | -4.83M | - | - |
| Other operating expenses | 38.55M | 8.01M | 6.29M | - | - |
| Interest expense | 1.52M | 0.90M | 0.09M | 0.00M | 0.00M |
| Tax provision | -4.44M | -1.05M | 0.47M | - | - |
| Interest income | 0.02M | 0.00M | 0.04M | - | - |
| Net interest income | -1.50M | -0.90M | -0.05M | - | - |
| Income tax expense | 4.44M | 1.05M | 0.47M | 0.59M | -0.04M |
| Total revenue | 28.11M | 1.09M | 1.46M | - | - |
| Total operating expenses | 13.31M | 6.96M | 4.94M | - | - |
| Cost of revenue | 25.24M | 1.05M | 1.36M | - | - |
| Total other income expense net | -14.24M | -1.78M | 2.43M | - | - |
| Net income from continuing ops | -20.25M | -7.65M | -2.87M | - | - |
| Net income applicable to common shares | - | -5.53M | -2.36M | -2.65M | -3.62M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 71.24M | 76.34M | 47.35M | 42.30M | - |
| Intangible assets | 25.09M | 30.02M | 16.03M | 16.98M | - |
| Other current assets | 1.19M | 0.70M | 0.07M | 0.09M | 0.20M |
| Total liab | 54.00M | 49.28M | 20.19M | 16.25M | - |
| Total stockholder equity | 17.20M | 18.85M | 22.54M | 24.77M | - |
| Other current liab | 4.21M | 3.65M | 0.57M | 0.35M | 0.16M |
| Common stock | 0.03M | 0.02M | 0.01M | 0.01M | 0.29M |
| Capital stock | 0.03M | 0.02M | 0.01M | 9.37M | - |
| Retained earnings | -65.91M | -55.17M | -35.73M | -30.20M | -27.85M |
| Other liab | - | - | 5.16M | 6.21M | 5.70M |
| Good will | 14.98M | 12.68M | - | - | - |
| Other assets | - | 0.04M | 1.19M | 0.08M | 0.84M |
| Cash | 0.74M | 3.18M | 1.49M | 0.40M | - |
| Total current liabilities | 39.98M | 12.94M | 7.24M | 3.56M | 13.84M |
| Current deferred revenue | 9.11M | 0.02M | - | - | - |
| Net debt | 32.69M | 37.41M | 11.52M | 8.29M | - |
| Short term debt | 19.50M | 4.25M | 5.22M | 2.21M | - |
| Short long term debt | 18.10M | 2.82M | 4.93M | 1.93M | - |
| Short long term debt total | 33.43M | 40.59M | 13.01M | 8.69M | - |
| Other stockholder equity | 83.08M | 74.01M | 58.26M | 45.60M | - |
| Property plant equipment | - | - | 24.96M | 19.03M | 17.09M |
| Total current assets | 5.11M | 9.18M | 5.16M | 6.20M | 2.52M |
| Long term investments | 0.00M | 0.00M | 0.00M | 0.00M | - |
| Net tangible assets | - | - | 6.51M | -1.57M | -21.18M |
| Short term investments | 0.50M | 1.65M | 2.23M | 4.02M | - |
| Net receivables | 2.63M | 3.56M | 0.00M | 0.01M | - |
| Long term debt | 10.88M | 32.58M | 7.36M | 5.87M | - |
| Inventory | 0.04M | 0.05M | 1.36M | 1.69M | 1.71M |
| Accounts payable | 7.16M | 5.02M | 1.45M | 1.00M | 0.58M |
| Accumulated other comprehensive income | 0.00M | - | - | - | - |
| Non currrent assets other | 0.21M | 30.02M | -5156897.81M | 0.08M | - |
| Non current assets total | 66.13M | 67.13M | 42.19M | 36.10M | - |
| Capital lease obligations | 4.45M | 5.19M | 0.72M | 0.90M | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -2.33M | -4.51M | -1.23M | - | -0.00M |
| Change to liabilities | - | 0.04M | 0.52M | 0.55M | 0.09M |
| Total cashflows from investing activities | - | -4.51M | -1.23M | -2.05M | -0.85M |
| Net borrowings | - | 8.57M | 2.11M | 0.38M | 1.65M |
| Total cash from financing activities | 8.17M | 8.51M | 2.77M | 1.94M | 1.74M |
| Change to operating activities | - | 0.91M | 0.03M | -0.32M | -0.02M |
| Net income | -20.25M | -7.65M | -2.87M | -2.16M | -2.18M |
| Change in cash | 1.69M | 1.09M | -0.21M | -0.31M | 0.62M |
| Begin period cash flow | 1.49M | 0.40M | 0.60M | - | - |
| End period cash flow | 3.18M | 1.49M | 0.40M | 0.60M | - |
| Total cash from operating activities | -4.14M | -2.90M | -1.75M | -0.20M | -0.27M |
| Issuance of capital stock | 6.24M | 0.00M | 0.04M | - | - |
| Depreciation | 2.95M | 1.46M | 1.56M | 1.44M | 1.43M |
| Other cashflows from investing activities | - | - | -0.01M | -0.11M | -0.03M |
| Dividends paid | - | 42196.00M | - | - | - |
| Change to inventory | 0.16M | 0.69M | -0.24M | 0.02M | 0.02M |
| Change to account receivables | 2.61M | 0.01M | -0.02M | -0.01M | -0.01M |
| Sale purchase of stock | - | 225000.00M | - | - | - |
| Other cashflows from financing activities | 2.78M | -1767794.92M | 2.86M | 1.46M | 1.46M |
| Change to netincome | - | 0.16M | -1.68M | 0.22M | 0.42M |
| Capital expenditures | 2.49M | 4.51M | 1.22M | 1.86M | 0.82M |
| Change in working capital | 0.76M | 0.96M | 0.55M | - | - |
| Stock based compensation | 2.61M | 0.45M | 0.15M | - | - |
| Other non cash items | 14.22M | 2.94M | -1.61M | - | - |
| Free cash flow | -6.63M | -7.42M | -2.97M | - | - |
Sector: Energy Industry: Oil & Gas Integrated
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| VIVK Vivakor Inc |
0.13 34.11% |
0.50 | - | - | 0.38 | 1.70 | 1.02 | -3.81 |
| XOM ExxonMobil Holdings Corporation |
0.57 0.34% |
165.87 | 10.10 | 10.45 | 1.16 | 2.03 | 1.19 | 5.18 |
| CVX Chevron Corp |
-0.32 0.15% |
212.61 | 27.63 | 19.38 | 2.01 | 1.99 | 2.20 | 9.78 |
| SHEL Shell PLC ADR |
-1.03 1.03% |
99.09 | 10.67 | 9.82 | 0.95 | 1.52 | 1.07 | 4.69 |
| RYDAF Shell PLC |
-0.75 1.50% |
49.25 | 7.66 | 7.35 | 0.62 | 1.09 | 0.74 | 3.27 |
Vivakor, Inc. operates, acquires, and develops technologies and assets in the oil and gas industry and related environmental solutions in the United States and Kuwait. The company owns and operates a crude oil gathering, storage, and transportation facility in Delhi, Louisiana. It also owns a crude oil storage tank located near Colorado City, Texas. In addition, the company offers remediation of soil and the extraction of hydrocarbons, such as oil from properties contaminated by or laden with heavy crude oil and other hydrocarbon-based substances. The company was formerly known as NGI Holdings, LLC and changed its name to Vivakor, Inc. in April 2008. The company was incorporated in 2006 and is based in Dallas, Texas.
| Name | Title | Year Born |
|---|---|---|
| Mr. Tyler Nelson | Chief Financial Officer | 1981 |
| Mr. James H. Ballengee | CEO & Chairman | NA |
| Dr. Daniel P. Hashim | Chief Scientific Officer | 1984 |
| Mr. Pablo Penaloza | Pres of Acquisitions | NA |
| Mr. James H. Ballengee | Chairman & CEO | 1966 |
| Mr. Tyler Nelson | CFO, Secretary & Director | 1981 |
| Mr. Pablo Penaloza | President of Acquisitions | NA |
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