Vivakor Management

Management criteria checks 0/4

Vivakor's CEO is James Ballengee, appointed in Oct 2022, has a tenure of 2.25 years. total yearly compensation is $1.08M, comprised of 92.9% salary and 7.1% bonuses, including company stock and options. directly owns 57.02% of the company’s shares, worth $23.40M. The average tenure of the management team and the board of directors is 1.5 years and 2 years respectively.

Key information

James Ballengee

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage92.9%
CEO tenure2.3yrs
CEO ownership57.0%
Management average tenure1.5yrs
Board average tenure2yrs

Recent management updates

Recent updates

Cautious Investors Not Rewarding Vivakor, Inc.'s (NASDAQ:VIVK) Performance Completely

Mar 05
Cautious Investors Not Rewarding Vivakor, Inc.'s (NASDAQ:VIVK) Performance Completely

Vivakor (NASDAQ:VIVK) Has Debt But No Earnings; Should You Worry?

Jun 02
Vivakor (NASDAQ:VIVK) Has Debt But No Earnings; Should You Worry?

Is Vivakor (NASDAQ:VIVK) Using Debt Sensibly?

Jul 04
Is Vivakor (NASDAQ:VIVK) Using Debt Sensibly?

Here's Why Vivakor (NASDAQ:VIVK) Can Afford Some Debt

Feb 15
Here's Why Vivakor (NASDAQ:VIVK) Can Afford Some Debt

CEO Compensation Analysis

How has James Ballengee's remuneration changed compared to Vivakor's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$11m

Jun 30 2024n/an/a

-US$12m

Mar 31 2024n/an/a

-US$10m

Dec 31 2023US$1mUS$1m

-US$11m

Sep 30 2023n/an/a

-US$19m

Jun 30 2023n/an/a

-US$18m

Mar 31 2023n/an/a

-US$21m

Dec 31 2022US$1mUS$178k

-US$19m

Compensation vs Market: James's total compensation ($USD1.08M) is above average for companies of similar size in the US market ($USD649.25K).

Compensation vs Earnings: James's compensation has increased whilst the company is unprofitable.


CEO

James Ballengee (58 yo)

2.3yrs

Tenure

US$1,076,923

Compensation

Mr. James H. Ballengee is Owner of Jamex, LLC. He serves as Chief Executive Officer and Chairman at Vivakor, Inc. since October 28, 2022 and serves as its President since August 2024. He combines experienc...


Leadership Team

NamePositionTenureCompensationOwnership
James Ballengee
President2.3yrsUS$1.08m57.02%
$ 23.4m
Tyler Nelson
CFO & Director11yrsUS$1.11m0.34%
$ 140.9k
Leslie Patterson
Executive Vice President of Operations & Construction2yrsUS$250.00k0%
$ 0
Russ Shelton
Executive VP & COOless than a yearno data0.26%
$ 108.0k
Patrick Knapp
VP, General Counsel & Secretaryless than a yearno data0.42%
$ 171.0k
Jeremy Gamboa
President of Logistics Divisionless than a yearno datano data
Pablo Penaloza
President of Acquisitionsno datano datano data

1.5yrs

Average Tenure

45.5yo

Average Age

Experienced Management: VIVK's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
James Ballengee
President2.3yrsUS$1.08m57.02%
$ 23.4m
Tyler Nelson
CFO & Director2yrsUS$1.11m0.34%
$ 140.9k
John Harris
Independent Director2yrsUS$163.39k0.28%
$ 114.9k
Michael Thompson
Independent Directorless than a yearno data0.20%
$ 83.3k
Albert Johnson
Independent Director2yrsUS$166.85k0.28%
$ 114.9k

2.0yrs

Average Tenure

54yo

Average Age

Experienced Board: VIVK's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 06:00
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

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Analyst Sources

Vivakor, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution