BKV Corporation — Q3 2026 Earnings Summary

BKV Corporation reported third-quarter 2026 net income of $29.4 million, or $0.27 per diluted share, with adjusted net income reaching $39.9 million. The company secured a cost reimbursement agreement with a leading frontier AI lab to expand modular power generation at its Temple Energy Complex to 400 MW and received Verra carbon credit certification for its carbon capture operations. Additionally, BKV completed the acquisition of upstream, midstream, and carbon capture assets in the Barnett Shale, adding approximately 65 MMcfe/d of production. The company also announced a $575.0 million convertible senior notes offering and maintains a net leverage ratio of 2.41x as of September 30, 2026.