earnings
confidence high
sentiment neutral
materiality 0.60
BKV Q4 adjusted net income $0.8M; production beats guidance, capex below low end
BKV Corp
2024-FY EPS reported
-$2.00
revenue$604,530,000
- Net loss $57.5M ($0.68/diluted); adjusted net income $0.8M ($0.01 EPS) on $119.8M revenue.
- Full year 2024: adjusted net loss $39.5M, adjusted EBITDAX $231.8M, free cash flow $91.6M (14.9% margin).
- Q4 net production 774.5 MMcfe/d exceeded guidance 720-750 MMcfe/d; capex $60.3M below $65M low end.
- Barnett Zero sequestered 44,437 metric tons CO2 in Q4; net debt $150.1M, leverage 0.65x.