Highest-materiality recent filing
BKV amends credit agreement to ease leverage covenants; borrowing base reaffirmed at $1B
Sixth Amendment increases max net leverage ratio for restricted payments from 2.00x to 2.25x (based on distributable free cash flow) and from 1.75x to 2.00x for additional restricted payments.
BKV Q1 net income $44.1M ($0.42 EPS); adjusted EPS $0.22; production 925 MMcfe/d
Net income $44.1M vs loss $82.0M YoY; adjusted net income $22.4M (down from $37.4M).
BKV closes follow-on offering of ~11.1M shares, raising $185.2M net proceeds
Company sold 5,550,000 primary shares; selling stockholder sold 4,142,089 secondary shares at $26.58/share.
BKV prices public offering of 9.69M shares raising ~$261.7M gross
Offering of 9,692,089 shares priced; includes 5,550,000 new shares from BKV and 4,142,089 shares from selling stockholder Bedrock Energy Partners.
BKV Q4 net income $70.4M, adj. EPS $0.29; Power JV stake closed Jan 30
Q4 net income $70.4M ($0.75 diluted EPS) vs loss $57.5M YoY; adjusted net income $26.6M ($0.29/diluted share).
BKV discloses 2025 CEO bonus of $1.68M; total comp $5.9M
CEO Christopher Kalnin earned $1,676,401 bonus, total compensation $5,903,801 for 2025.
BKV closes deal to raise power JV stake to 75%; pays $115M cash and 5.3M shares
Acquired one-half of BPPUS's interest in BKV-BPP Power JV; BKV now owns 75% (up from 50%).
BKV's acquisition of 50% stake in BKV-BPP Power clears shareholder vote at BPP meeting
BPP's extraordinary general meeting on Jan 29, 2026 approved the transaction with at least 75% of disinterested shareholders.
BKV Corp receives written consent to amend equity plan, adding 2.5M shares
Banpu North America Corp. (66% holder) consented to A&R 2024 Equity Plan, increasing share reserve by 2.5M shares.
BKV Corp authorizes $100M share repurchase program over two years
Board authorized up to $100M in repurchases of common stock over a two-year period.
BKV closes public offering of 6.9M shares at $26.00; net proceeds ~$170.3M
Closed underwritten public offering of 6,900,000 shares of common stock at $26.00/share, including 900,000 shares from underwriters' option exercise.
BKV closes public offering of 6.9M shares at $26; net proceeds ~$170.3M for acquisition funding
Offered 6,000,000 shares plus 900,000 option shares at $26.00 per share, net proceeds ~$170.3M.
BKV Corp launches $156M public offering of 6M shares at $26/sh to fund BKV-BPP Power acquisition
Underwritten public offering of 6,000,000 shares at $26.00 per share; 30-day option for 900,000 more shares.
BKV posts unaudited consolidating financials for subsidiary BKV Upstream Midstream on website
Filed under Item 7.01; consolidating financial info for BKV Upstream Midstream, LLC posted at www.bkv.com.
BKV files updated pro forma financials for Bedrock Acquisition; pro forma net income $96.4M
Pro forma net income attributable to BKV $96.4M for 9M ended Sep 30, 2025 (basic EPS $1.06) vs historical $102.8M ($1.20).
Net income $76.9M ($0.90 diluted EPS); adjusted net income $42.5M ($0.50 adj. EPS).
BKV acquiring additional 25% interest in BKV-BPP Power JV from BPPUS, increasing ownership to 75%.
BKV closes $370M acquisition of Bedrock Barnett Shale assets; issues $500M 7.5% notes due 2030
Completed acquisition of Bedrock Production for ~$370M, adding 97,000 net acres and 108 MMcfed production in Barnett Shale.
BKV Upstream Midstream announces $500M private placement of senior notes due 2030 to fund Bedrock Acquisition cash portion and repay RBL borrowings.
BKV Corporation posts investor presentation on website; no specifics in 8-K filing
BKV posted an investor presentation on its website on September 12, 2025.
Q2 net income $104.6M ($1.23 diluted EPS) vs loss of $59.7M a year ago; Adjusted net income $32.8M ($0.39 EPS).
BKV Corporation reports annual meeting voting results, all proposals approved
Class I directors elected: Kalnin, Vongkusolkit, Sirisaengtaksin, Chaimongkol; each received over 70M votes for.
BKV Q1 net loss $78.7M, adj net income $35M; announces CCUS JV with CIP
Net loss of $78.7M ($0.93 diluted loss); Adjusted Net Income $35.0M ($0.41 diluted EPS).
BKV forms CCUS JV with C Squared Solutions; investor to contribute up to $500M
dCarbon Ventures contributes Barnett Zero and Eagle Ford CCUS projects; Investor commits up to $500M over 5 years (expandable to $1B).
BKV Q4 adjusted net income $0.8M; production beats guidance, capex below low end
Net loss $57.5M ($0.68/diluted); adjusted net income $0.8M ($0.01 EPS) on $119.8M revenue.
BKV CFO Jimenez to retire; Tameron named CFO; Jacobsen appointed President-Upstream
John Jimenez retires as CFO effective May 15, 2025; David Tameron (VP Strategic Finance) becomes CFO on April 1, 2025.
BKV reports Q3 2024 net income $12.9M, revenue $173.1M; first public earnings
Net income $12.9M ($0.18 diluted EPS) vs $18.6M in Q3 2023; Adjusted Net Loss $(18.6)M.
BKV prices IPO at $18/sh, raises ~$253.8M net; shares begin trading on NYSE under BKV
IPO of 15M shares at $18/sh; net proceeds ~$253.8M after underwriting discounts.
John T. Jimenez, who has served as Chief Financial Officer of the Company since 2021, intends to retire from the Company
David Tameron, age 56, will succeed him in the role of Chief Financial Officer.
Max materiality 0.90 · Median 0.70 · Most common event other_material