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09.05.25 - 13:06
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BKV Corporation Reports First Quarter 2025 Financial and Operational Results (Business Wire)
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DENVER--(BUSINESS WIRE)--BKV Corporation (NYSE: BKV) (“BKV” or the “Company”), today reported financial and operational results for the first quarter of 2025, including guidance for the second quarter of 2025.
First Quarter and Subsequent Highlights
Announced a joint venture agreement with Copenhagen Infrastructure Partners (“CIP”) to partner on the development of carbon capture, utilization, and sequestration (“CCUS”) projects
Net loss of $78.7 million or $(0.93) per diluted share
Adjusted Net Income of $35.0 million or $0.41 per diluted share
Adjusted EBITDAX of $90.9 million
Combined Adjusted EBITDAX of $100.7 million (includes implied proportionate share of Power JV Adjusted EBITDA of $9.8 million)
Net cash provided by operating activities of $22.6 million
Adjusted Free Cash Flow of $6.1 million
Barnett Zero quarterly sequestration of 38,787 metric tons of CO2 equivalent; Barnett Zero life-to-date sequestration through March 31, 2025 of 212,112 metric tons of CO2 equivalent
Total gener...
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09.05.25 - 00:21
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BKV and Copenhagen Infrastructure Partners Announce Strategic Carbon Capture Joint Venture With $500 Million Investment (Business Wire)
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DENVER--(BUSINESS WIRE)--BKV Corporation (“BKV” or the “Company”) (NYSE: BKV) today announced the formation of a strategic joint venture (the “JV”) between BKV dCarbon Ventures, LLC (“dCarbon Ventures”), BKV's wholly-owned subsidiary, and Copenhagen Infrastructure Partners (“CIP”), on behalf of its Energy Transition Fund I, to expand BKV's portfolio of carbon capture, utilization and sequestration (“CCUS”) projects.
CIP, on behalf of its Energy Transition Fund I, has agreed to commit $500 million to be invested by the JV for use in designing, constructing and operating CCUS projects across the United States in exchange for up to a 49% interest in the JV. BKV has contributed to the JV its ownership of the Barnett Zero and Eagle Ford projects, and has committed to future contributions of CCUS projects, related assets and/or cash, in exchange for a 51% interest in the JV.
The JV will leverage BKV's standing as an early leader in developing CCUS projects while benefitting from CIP'...
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28.04.25 - 15:03
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BKV Corporation Announces 2025 Annual Meeting of Stockholders (Business Wire)
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DENVER--(BUSINESS WIRE)--BKV Corporation (NYSE: BKV) (“BKV” or the “Company”) today announced that it will hold its 2025 Annual Meeting of Stockholders on Thursday, June 19, 2025, at 9:00 a.m. Central Daylight Time at Ridglea Country Club, Ballroom, located at 3700 Bernie Anderson Avenue, Fort Worth, Texas 76116.
The meeting will also be available virtually. The virtual broadcast of the meeting will be accessible at www.virtualshareholdermeeting.com/BKV2025.
Stockholders of record as of the close of business on April 21, 2025, are entitled to attend, vote and ask questions during the meeting, either in-person or through the virtual platform. Virtual meeting participants may vote or submit questions during the meeting by entering the 16-digit control number included on the proxy card, voting instruction form, notice or email that they previously received. Online access to the virtual broadcast will open shortly prior to the start of the Annual Meeting. Guests without a control number may also atten...
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