BKV Corporation Reports Second Quarter 2026 Financial and Operational Results and Updated 2026 Guidance
BKV Corporation reported second quarter 2026 Adjusted Net Income of $50.7 million, or $0.46 per diluted share, more than doubling the $24.1 million reported in the prior year period. Adjusted EBITDAX rose 47% year-over-year to $142.0 million, supported by strong upstream performance and improved realized prices. Operationally, average net production reached 978.3 MMcfe/d, exceeding the high end of guidance, while the company generated Adjusted Free Cash Flow before Power Growth of $40.0 million. BKV also commenced commercial operations at its Cotton Cove and Eagle Ford CCUS projects, expected to sequester over 120,000 metric tons of CO2 waste annually.
Key figures
- Eps
- 0.67
- Revenue
- 465535000
- Guidance
- FY 2026 Net production 940-960 MMcfe/d; Total capital expenditures $690-$875 million; Power Adjusted EBITDAX $135-$175 million
- Adjusted fcf
- 40000000
- Adjusted ebitdax
- 142000000
- Net leverage ratio
- 1.78x
- Production mmcfe d
- 978.3
- Adjusted net income
- 50700000
- Power generation gwh
- 2222
AI analysis
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