Key Highlights

  • The stock was down 13.98 percent to USD 0.7480 in pre-market trading on November 2, 2026.
  • No company announcement dated late October or November 2, 2026 was identified as the trigger.
  • Second quarter 2026 Revenue rose 10 percent to USD 32.1 million, with positive operating income.
  • A 1-for-20 Reverse Stock Split took effect on July 17, 2026.
  • The company said its crude Marketing platform reached about USD 1.5 billion in annualized activity on July 29, 2026.

What moved Vivakor shares in pre-market trading?

Vivakor (NASDAQ:VIVK) was down 13.98 percent to USD 0.7480 in pre-market trading on November 2, 2026. At that price the shares are a penny stock.

No press release or regulatory filing from late October through November 2, 2026 was found that explains the decline. The drop may reflect continued Volatility after a sharp summer swing in the shares, but no company event was confirmed.

What did the company announce over the summer?

Vivakor, a Texas based energy services company, provides Crude Oil gathering, storage, marketing and remediation services. In releases dated July 21 to August 10, 2026, it announced a series of recurring crude sale programs through its Vivakor Supply and Trading unit.

The July 29, 2026 release said two more long term programs added about USD 400 million and lifted the platform to about USD 1.5 billion in annualized activity, or 1.54 million barrels per month. On August 10, 2026, it announced 12 month WTI contracts for 200,000 barrels per month starting September 1, 2026.

What do recent results and corporate actions show?

The company reported second quarter 2026 revenue up 10 percent to USD 32.1 million and positive operating income. A release dated July 14, 2026 announced a 1-for-20 reverse stock split effective July 17, 2026, cutting shares outstanding from about 13.34 million to about 667,200.

On August 13, 2026, it disclosed a largely non-binding indication of interest on a possible Business combination with a small OTC listed company. An amended letter of intent dated July 2, 2026 covered the sale of its CPE Gathering MidCon unit for about USD 36 million.

What are the Balance Sheet and risks?

Annualized activity figures describe contract volume, not profit, and margins in crude marketing can be thin. The company has a history of issuing Equity and converting notes into shares, which can dilute holders.

Shares priced under USD 1 face volatility, Liquidity and dilution risk, and a reverse split does not by itself change the underlying business. Non-binding deals may not be completed.

What should investors watch next?

Investors may look for third quarter 2026 results, updates on the MidCon unit sale and any outcome from the business combination talks.

Commissioning progress at the Houston remediation processing center and any new financing or filings would also bear on sentiment.