Vivakor, Inc. · NASDAQ:VIVK
Vivakor — Investor Presentation (October 2024)
26 slides from Vivakor's investor presentation, Oct 30, 2024
Slide 1: Investor Presentation October 2024
1 October 2024 Investor Presentation
Slide 2: Disclaimer
2 This Investor Presentation (“IP”) has been prepared by Vivakor, Inc . (“Vivakor” or the “Company”), in cooperation with ThinkEquity , LLC (“ ThinkEquity ”) and is being furnished solely for the purpose of an investor presentation conducted by Vivakor executives and advisors . The information conta
Slide 3: Agenda
3 Company Overview 1 Midstream Businesses & Assets 2 Financial Information 3 Key Investment Factors 4
Slide 4: About Vivakor
VIVAKOR, INC. (NASDAQ:VIVK) Confidential 4 Vivakor (NASDAQ : VIVK) is an integrated provider of midstream services for producers located in major oil basins throughout the United States . The company's core capabilities include oil gathering, transportation, storage, water handling, and environmenta
Slide 5: Company Snapshot
Company Snapshot Confidential 5 ▪ Vivakor, Inc . is an integrated provider of energy transportation, storage, reuse, and remediation services ▪ March 3 , 2024 – signed definitive merger agreement with Empire Diversified Energy ▪ October 1 , 2024 – acquired Endeavor Entities, encompassing Endeavor Cr
Slide 6: Geographically Advantaged Assets & Services
GEOGRAPHICALLY ADVANTAGED ASSETS & SERVICES Confidential Continued positive outlook for midstream oil industry 6 Ξ'ĞŽEĂŵĞƐ͕DŝĐƌŽƐŽŌ͕dŽŵdŽŵ WŽǁĞƌĞĚďLJŝŶŐ Vivakor Areas of Operations U.S. Field Crude Oil Production Permian Basin Delaware Basin Bakken Region Haynesville Basin 7.49 8.79 9.44 8.85 9.36 10
Slide 7: Vivakor's Midstream Value Chain
VIVAKOR’S MIDSTREAM VALUE CHAIN Confidential 7 One - stop shop for oil gathering, transport, storage, and environmental services Acquisition of the Endeavor Entities provides a base footprint for Vivakor to expand its services to oil producers throughout major basins ; providing midstream services a
Slide 8: Investment Highlights
INVESTMENT HIGHLIGHTS Confidential Diversified midstream energy company with expanding value chain 8 Increasing presence within the environmental services market >80% EBITDA from long term contracts Seasoned management team with significant M&A experience Midstream sector is a large and growing mark
Slide 9: Management Team
MANAGEMENT TEAM Confidential Vivakor’s management has a track record of M&A and capital markets execution 9 James Ballengee Chairman, President, & CEO Pat Knapp EVP, General Counsel & Secretary Tyler Nelson CFO, Director Mr . Ballengee has over 20 years of experience in senior management roles in th
Slide 10: Midstream Businesses & Assets
10 Company Overview Midstream Businesses & Assets Financial Information Key Investment Factors 1 2 3 4
Slide 11: Midstream Business Segments
MIDSTREAM BUSINESS SEGMENTS Confidential 11 Trucking Operations Facilities Marketing Vivakor Transportation, LLC (Holdco) ▪ Endeavor Crude, LLC . Truck transport and pipeline gathering of crude oil in the nation’s largest crude oil producing basins ▪ Equipment Transport, LLC . Truck transport of pro
Slide 12: Truck Leasing & Operators
TRUCK LEASING & OPERATORS Confidential 12 Owner - Operator Model Meridian Equipment Leasing, LLC Truck & Trailer Leasing, LLC ET EmployeeCo , LLC Owner - Operators O/ Os employed by ET EmployeeCo , LLC are drivers and staff that serve Endeavor Crude, LLC and Equipment Transport, LLC . ▪ Owner - oper
Slide 13: Transport Services
TRANSPORT SERVICES Confidential 13 Vivakor provides key gathering and transport services within the midstream sector Equipment Transport, LLC Endeavor Crude, LLC Crude oil transport Water transport Endeavor Crude is an interstate motor carrier qualified to haul hazardous materials, including crude o
Slide 14: Oil Gathering, Storage, & Logistics Terminals
OIL GATHERING, STORAGE, & LOGISTICS TERMINALS Confidential 14 Strategically located oil terminals serve as temporary storage hubs for field producers Silver Fuels Delhi Terminal Delhi, Louisiana (Richland Parish) • Initial Year of Service : 2018 • Located on 9 . 4 acres • Tank storage capacity : 12
Slide 15: Permian Basin Truck Stations
PERMIAN BASIN TRUCK STATIONS Confidential 15 • 10 pipeline injection stations in Texas and New Mexico • Connecting pipelines : Centurion Pipeline (Lotus), Plains Basin Pipeline, The West Texas System (Enterprise) • Leased land with connection agreements • Average station storage capacity : 2 , 000 b
Slide 16: Bakken Truck Stations
BAKKEN TRUCK STATIONS Confidential 16 Crude oil is delivered by truck to pipeline injection stations in North Dakota Bakken Region Operations • 3 pipeline injection stations in North Dakota • Connecting pipelines : North Dakota Pipeline Company • Leased land with connection agreements • Average stat
Slide 17: Oklahoma Crude Oil Pipeline and Terminal
OKLAHOMA CRUDE OIL PIPELINE AND TERMINAL Confidential 17 Crude oil gathering station, storage terminal, and pipeline in Oklahoma CPE Gathering Midcon, LLC CPE is an owner and operator of an approximately 40 - mile crude oil pipeline, together with ancillary gathering, truck station, and storage faci
Slide 18: Remediation Processing Centers (RPCs)
REMEDIATION PROCESSING CENTERS (RPCs) Confidential 18 Vivakor’s proprietary remediation process employs environmentally friendly methods to recover oil from tank bottom sludge and contaminated soils Houston, Texas ▪ Startup operations for the RPC and Wash Plant expected in late Q 4 2024 and Q 1 2025
Slide 19: Marketing
MARKETING Confidential 19 Enhancing operations, petroleum marketing with acquisitions and increasing scale Vivakor Supply & Trading, LLC ▪ Petroleum commodity marketing entity for buying / selling / exchanging physicals ▪ Marketing business is integrated and centered around Vivakor’s Transportation
Slide 20: Financial Information
20 Company Overview Midstream Businesses & Assets Financial Information Key Investment Factors 1 2 3 4
Slide 21: Projections
PROJECTIONS Confidential 21 The new RPC & Wash Plant in Houston, Texas is expected to add ~ $ 10 million EBITDA annually Take - or - Pay Agreements and long - term service contracts provide predictable cash flows New RPC & Wash Plant Vivakor combined 1 2024 E represents annualized projections based
Slide 22: Key Investment Factors
22 Company Overview Midstream Businesses & Assets Financial Information Key Investment Factors 1 2 3 4
Slide 23: Contracts
CONTRACTS Confidential 23 Take - or - Pay Agreements providing stable fee - based contracts with minimum volume commitments underpin sustainability Type of Business Customers Omega Terminal White Claw Crude, LLC Crude transport White Claw Crude, LLC Water transport Logistics and Storage Terminal Whi
Slide 24: U.S. Crude Oil Production Forecast
U.S. CRUDE OIL PRODUCTION FORECAST Confidential 24 Growth in field production of crude oil is projected to remain strong, particularly in Vivakor’s areas of operation 1 Energy Information Administration does not frequently report or forecast production on a basin - level, however Permian productio n
Slide 25: Select Benchmarking Data
SELECT BENCHMARKING DATA Confidential 25 Comparative Valuation Metrics - Midstream Peers 1 1 Financials posted by Finbox and Yahoo Finance on Oct. 4, 2024 Hess Midstream LP NYSE: HSM Summit Midstream Corp NYSE: SUM Anterro Midstream Corp NYSE: AM Equit4ans Midstream Corp Ticker: EQT Targa Resources
Slide 26: Thank You
26 Thank You James Ballengee , CEO jballengee@vivakor.com VIVK www . vivakor . com 5220 Spring Valley Road, Ste 500 Dallas, Texas 75254