secwatch.observer — SEC 8-K summary
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Issuer:     BKV Corp (BKV)
CIK:        0001838406
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001628280-26-031672
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BKV Q1 net income $44.1M ($0.42 EPS); adjusted EPS $0.22; production 925 MMcfe/d
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1838406/000162828026031672/0001628280-26-031672-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1838406/000162828026031672/bkv-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-031672

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