Earnings ·
BKV Corporation reported second quarter 2026 financial results and updated guidance for the remainder of the year
BKVBKV Corp
BKV Corporation reported second quarter 2026 financial results and updated guidance for the remainder of the year. The company posted net income attributable to BKV of $75.8 million, or $0.67 per diluted share, compared to $107.8 million in the prior-year period. Adjusted EBITDAX reached $142.0 million, driven by upstream production averaging 978.3 MMcfe/d and strong power generation at the Temple plants totaling 2,222 GWh. BKV commenced commercial operations at its Cotton Cove and Eagle Ford carbon capture projects, which are expected to sequester over 120,000 metric tons of CO₂ annually. The company also updated its full-year accrued capital expenditure guidance to $690–$875 million and net production guidance to 940–960 MMcfe/d. BKV Corporation is an energy company focused on natural gas production, power generation, and carbon capture utilization and sequestration.