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Recent Updates — BKV

September 10, 2026View Source ↗

On September 9, 2026, BKV Corporation announced the pricing of an upsized offering of $500 million aggregate principal amount of its 1.625% convertible senior notes due 2031, increasing from a previously proposed $400 million. The notes settle on September 14, 2026, and carry an initial conversion price of approximately $31.93 per share, representing a 32.5% premium to the closing stock price of $24.10. BKV granted an option for purchasers to buy up to an additional $75 million in notes. Net proceeds are estimated at $481.8 million, with approximately $35.0 million allocated to repurchase 1,452,282 shares of common stock and $56.3 million used to fund capped call transactions to mitigate dilution. BKV Corporation is an energy company focused on natural gas production, gathering, processing, power generation, and carbon capture.

August 6, 2026View Source ↗

BKV Corporation filed an amendment to its August 6, 2026 Form 8-K solely to correct a technical EDGAR filing error where the report was inadvertently submitted as an exhibit rather than the primary document. The underlying original filing reported second quarter 2026 financial results and updated guidance for the remainder of the year. BKV reported net income attributable to shareholders of $75.8 million, or $0.67 per diluted share, alongside adjusted EBITDAX of $142.0 million and operating cash flow of $109.7 million. The company also announced it commenced commercial operations at its Cotton Cove and Eagle Ford carbon capture projects. BKV Corporation operates in the energy sector, focusing on natural gas production, power generation, and carbon capture utilization and sequestration.

August 6, 2026View Source ↗

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.