Vivakor Inc Overview
Industry: Oil & Gas Integrated
Sector: Energy
Vivakor, Inc. operates, acquires, and develops clean energy technologies and environmental solutions primarily focused on soil remediation in the United States and Kuwait. It specializes in the 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 also owns and operates a crude oil gathering, storage, and transportation facility in Delhi, Louisiana. In addition, it owns a crude oil storage tank with capacity of 120,000 barrels located near Colorado City, Texas. The company was founded in 2006 and is based in Lehi, Utah.
Vivakor Inc is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.
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