BKV (NYSE:BKV) exceeds Q3 2026 revenue expectations, but adjusted EPS miss

BKV reported Q3 adjusted EBITDAX of $133M, up from $101M YoY, with adjusted net income of $40M. Production averaged 981M cubic feet of natural gas equivalent per day, exceeding guidance. The company expects Q4 strategic power growth spending of $240M-$270M and maintained capital guidance. BKV has $620M in cash, $1.2B in total liquidity, and $1.4B in net debt. It plans to expand carbon capture to 1.5M tons per year by 2028.

BKV Corporation reported Q3 2026 earnings, highlighting cost efficiency and AI-driven analytics in Barnett Shale. Management aims to capitalize on ERCOT's power growth, integrating upstream gas, midstream, and power generation. The company achieved Verra certification for carbon credits and plans to accelerate power investments. Strategic acquisitions and regulatory engagement are ongoing, with a focus on data center load growth and power purchase agreements.

BKV Corp (BKV) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 BKV Reports Q3 2026 Results, Cost Reimbursement Agreement with Leading Frontier AI Lab, and Verra Carbon Credit Certification DENVER, Colorado – November 5, 2026 – BKV Corporation (“BKV” or the “Company”) (NYSE: BKV) today reported financial and operational results f

BKV (NYSE:BKV) shares rose 7.5% premarket after securing an $800M equipment supply contract for a Texas power project, backed by a hyperscaler's agreement covering 90% of payments until 2027. The company's stock is down 12.4% YTD, trading 25.3% below its 52-week high.

BKV Corp. (BKV) rose 8.9% after announcing a contract for gas-fired power equipment for its 1,200 MW Texas project. The supplier is unnamed.

BKV Corp stock rose 9.2% after announcing an $800M equipment supply contract for a Texas power project and a backstop agreement with an unnamed hyperscaler. The deal limits BKV's capital exposure and includes a termination option. The broader U.S. market traded lower.