Vivakor Sees Crude Oil Marketing Platform ~$1.5 Billion Annually
Benzinga Newsdesk 3 months ago
GuidanceNews
Co says recurring physical crude oil marketing programs expected to generate approximately $400 million of additional annualized commercial activity, increasing the Company's announced commercial marketing platform
Co says recurring physical crude oil marketing programs expected to generate approximately $400 million of additional annualized commercial activity, increasing the Company's announced commercial marketing platform to approximately $1.5 billion in annualized commercial activity, based on current market pricing assumptions.
Commercial Platform: Approximately $1.5 billion* annualized commercial activity
Incremental Commercial Activity: Approximately $400 million annualized
Physical Volume: Approximately 18.4 million barrels annually
Recurring Monthly Volume: Approximately 1.54 million barrels