earnings
confidence high
sentiment positive
materiality 0.70
BKV Q1 net income $44.1M ($0.42 EPS); adjusted EPS $0.22; production 925 MMcfe/d
BKV Corp
2026-Q1 EPS reported
$0.42
revenue$376,546,000
- Net income $44.1M vs loss $82.0M YoY; adjusted net income $22.4M (down from $37.4M).
- Closed 25% Power JV acquisition Jan 30; completed ~7.0M share offering for $186.2M net.
- First injection at Cotton Cove CCUS; 1.2 GW turbine reservations and 6,200 acres in N. Texas.
- Adjusted EBITDAX $112.0M; adjusted free cash flow before power growth $20.0M.
- Net leverage ratio 2.02x; accrued capex $118.6M, with $16.7M on power growth.