Vivakor signs non-binding letter of intent to buy Coyote Oilfield Services

* Vivakor (VIVK [https://seekingalpha.com/symbol/VIVK]) said on Monday it has signed a non-binding letter of intent to acquire Coyote Oilfield Services through its affiliate Vivakor Midstream, expanding its midstream and oilfield services capabilities.
* Vivakor said the proposed deal would add expertise in pipeline development, terminal operations, oilfield services and energy marketing.
* The companies said Coyote’s principals are expected to remain with the business after closing.
* Vivakor and Coyote are working toward definitive agreements, with a targeted closing on or before February 28, 2026, subject to customary conditions.

* VIVK -2.68% premarket to $0.0725.
* Source: Press Release [https://seekingalpha.com/pr/20347052-vivakor-signs-letter-of-intent-to-acquire-coyote-oilfield-services-expanding-integrated]

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* Seeking Alpha’s Quant Rating on Vivakor [https://seekingalpha.com/symbol/VIVK/ratings/quant-ratings]
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