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  • News bot May 7, 2026, 11:05 a.m.

    📋 BKV CORP (BKV) - Financial Results

    Filing Date: 2026-05-07

    Accepted: 2026-05-07 07:02:39

    Event Type: Financial Results

    Event Details:

    BKV CORP (BKV) Reports the reporting period Financial Results BKV CORP (BKV) announced its financial results for the period ending the reporting period. Key Financial Highlights:
    • Revenue: 876000
    • Net Income: 7769
    • EPS: 2026
    • Cash and equivalents: 304510
      • expected increase in demand for power generation and our ability to serve that demand from our power business, our ability to develop, market and sell our carbon sequestered gas product; and management's outlook guidance or forecasts of future events, including projected capital expenditures, production volumes, operating costs, pricing differentials, and Adjusted EBITDAX. For further discussions of risks and uncertainties applicable to forward-looking statements, you should refer to BKV’s filings with the Securities and Exchange Commission (the “SEC”), including the “Risk Factors” section of BKV’s most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q. Investor Contacts:Michael HallBKV CorporationVice President, Investor RelationsInvestorRelations@bkvcorp.comPatrick FreemanBKV CorporationSenior Director, Investor RelationsInvestorRelations@bkvcorp.com7BKV CorporationCondensed Consolidated Balance Sheets($ thousands, except par value)(Unaudited)March 31, 2026
      • anticipated in such statements, and such forward-looking statements may not prove to be accurate. Such forward-looking statements include, but are not limited to, statements about the anticipated benefits, opportunities and results with respect to the BKV-BPP Power Joint Venture Transaction, including any expected value creation from the BKV-BPP Power Joint Venture Transaction, anticipated efficiencies, power plant reliability, and strategic growth and power purchase agreement opportunities relating to the BKV-BPP Power Joint Venture and the BKV-BPP Power Joint Venture Transaction, as well as guidance, projected or forecasted financial and operating results, future liquidity, leverage, results in certain basins, objectives, project timing, utility of reporting segment changes, expectations and intentions, regulatory and governmental actions and other statements that are not historical facts. All forward-looking statements, expressed or implied, in this press release are based only on information currently available to BKV and speak only as of the date on which they are made. Forward-looking statements are not guarantees of future performance, and BKV cannot assure any reader that those statements will be realized or that the forward-looking events and circumstances will occur. Undue reliance should not be placed on any forward-looking statement, which is based on predictions of future results that may not occur as anticipated. Forward-looking statements are based on management’s current views and assumptions and involve risks and uncertainties that could cause actual results to differ materially from historical experience or present expectations, including but not limited to assumptions, risks and uncertainties regarding the BKV-BPP Power Joint Venture Transaction and the anticipated benefits thereof and the Bedrock Acquisition and the anticipated benefits thereof, as well as our ability to effectively operate and grow our CCUS business, expected increase in demand for power generation and our ability to serve that demand from our power business, our ability to develop, market and sell our carbon sequestered gas product; and management's outlook guidance or forecasts of future events, including projected capital expenditures, production volumes, operating costs, pricing differentials, and Adjusted EBITDAX. For further discussions of risks and uncertainties applicable to forward-looking statements, you should refer to BKV’s filings with the Securities and Exchange Commission (the “SEC”), including the “Risk Factors” section of BKV’s most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q. Investor Contacts:Michael HallBKV CorporationVice President, Investor RelationsInvestorRelations@bkvcorp.comPatrick FreemanBKV CorporationSenior Director, Investor RelationsInvestorRelations@bkvcorp.com7BKV CorporationCondensed Consolidated Balance Sheets($ thousands, except par value)(Unaudited)March 31, 2026

    📊 Key Financial Metrics (Year-over-Year Comparison):

    Metric 2026 2025 Change ($) Change (%)
    Natural Gas Properties And Equipment Property Equipment Net 1.06M 944.41K $113.55K +12.02%
    Mezzanine Equity Noncontrolling Interests 18.62K 12.95K $5.67K +43.79%
    Other Income Expense Interest Expense -22.83K -16.05K $-6.78K -42.25%
    Other Income Expense Interest Income 1.50K 749.00 $749.00 +100.00%
    Add Back Subtract Interest Expense 3.38K 3.87K $-483.00 -12.49%
    Loss from Operations 33.49K 33.49K $0.00 +0.00%
    Noncontrolling Interests -5.88K -921.00 $-4.96K -538.11%
    Accounts Payable 229.49K 229.49K $0.00 +0.00%
    Revenue 2.30K 2.30K $0.00 +0.00%
    Interest Expense -22.83K -22.83K $0.00 +0.00%
    Interest Income 1.50K 1.50K $0.00 +0.00%

    💼 Business Developments:

    • Partnership
    • Acquisition
    • Licensing: Not available
    • Regulatory Approval
    • Executive Changes: Not available

    Structured Data:

    • Company Name: BKV CORP
    • Ticker Symbol: BKV