earnings
confidence high
sentiment neutral
materiality 0.70
BKV Q2 2026 net income $75.8M ($0.67 EPS); adjusted EPS $0.46; production up 21% YoY
BKV Corp
- Net income attributable to BKV $75.8M ($0.67 diluted EPS) vs $107.8M in Q2 2025; adjusted net income $50.7M ($0.46) vs $24.1M.
- Adjusted EBITDAX attributable to BKV $142.0M, up 47% from $96.5M in Q2 2025.
- Average net production 978.3 MMcfe/d, exceeding guidance; development capex $38.8M below midpoint.
- Commenced commercial operations at Cotton Cove and Eagle Ford CCUS projects; total sequestration capacity >120K metric tons CO2 annually.
- Updated FY 2026 guidance: production 940-960 MMcfe/d, total capex $690-875M; Q3 capex $200-285M.