India, July 21 -- Shares of Vivakor, Inc. (VIVK) are skyrocketing about 282 percent on Tuesday morning after the company announced the execution of four recurring physical crude oil purchase and sale transactions with two commercial counterparties through its subsidiary Vivakor Supply & Trading, LLC.

The company's shares are currently trading at $6.61 on the Nasdaq, up 282.14 percent. The stock opened at $4.75 and has climbed as high as $9.63 so far in today's session. Over the past year, it has traded in a range of $1.51 to $5,029.01.

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