BKV Q1 net loss $78.7M, adj net income $35M; announces CCUS JV with CIP

BKV Corp

2025-Q1 EPS reported -$0.93 revenue$231,011,000

Net loss of $78.7M ($0.93 diluted loss); Adjusted Net Income $35.0M ($0.41 diluted EPS).
Adjusted EBITDAX $90.9M; Combined Adj EBITDAX $100.7M including Power JV.
Announced CCUS joint venture with Copenhagen Infrastructure Partners (CIP).
Net production 761.1 MMcfe/d; Power JV generated 1,588 GWh at 50% capacity factor.
Net debt $184.7M; net leverage 0.67x; Adjusted Free Cash Flow $6.1M.

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