BKV Corp. Stock Price, News & Analysis

BKV (NYSE: BKV) announced the closing of an underwritten public offering of 6,900,000 shares of common stock at $26.00 per share on December 3, 2025, including 900,000 shares issued under the underwriters' option. Net proceeds were approximately $170.3 million after discounts, commissions and estimated fees. The company intends to use proceeds, together with cash on hand, to pay the cash consideration for its previously announced acquisition of a controlling interest in BKV-BPP Power, LLC, and related expenses; if that transaction does not close the proceeds are expected to be used for general corporate purposes.

Joint book-runners were Citigroup, Barclays and Mizuho, with additional joint book-runners and co-managers participating. A shelf registration statement and prospectus supplements have been filed and are available via the SEC.

BKV (NYSE: BKV) priced an underwritten public offering of 6,000,000 common shares at $26.00 per share, generating gross proceeds of $156.0 million. The underwriters have a 30‑day option to buy up to an additional 900,000 shares at the same price less underwriting discounts and commissions. The offering is expected to close on December 3, 2025, subject to customary closing conditions.

BKV intends to use net proceeds, together with cash on hand, to pay the cash consideration for its previously announced acquisition of a controlling interest in BKV‑BPP Power, LLC; if that transaction does not close, proceeds are expected to be used for general corporate purposes. A shelf registration statement and prospectus relating to the offering are effective with the SEC.

BKV (NYSE:BKV) announced a public underwritten offering of 6,000,000 shares of common stock on December 1, 2025, with a 30‑day underwriter option to buy up to an additional 900,000 shares (15%).

Net proceeds, together with cash on hand, are intended to fund the cash consideration and related expenses for BKV’s previously announced acquisition of a controlling interest in BKV‑BPP Power, LLC; if that transaction does not close, proceeds are expected to be used for general corporate purposes. The offering is not contingent on the acquisition, and vice versa. Citigroup, Barclays and Mizuho are joint book‑running managers. A shelf registration statement and prospectus supplements have become effective and are available on the SEC website.

BKV (NYSE:BKV) reported 3Q25 results: net income $76.9M ($0.90 diluted), Adjusted Net Income $42.5M ($0.50), and Combined Adjusted EBITDAX $91.8M. Operating cash flow was $74.5M and Adjusted Free Cash Flow was $(10.6)M. Accrued capex was $79.6M. Average production was 828.5 MMcfe/d. BKV closed the Bedrock Barnett acquisition on Sept 29, 2025 and issued $500M senior notes at 7.5% due 2030. On Oct 29, 2025 BKV agreed to increase its Power JV stake to 75%, expected to close in Q1 2026, which will lead to consolidation of Power JV results. Q4 guidance: 885–935 MMcfe/d production midpoint (~10% rise vs 3Q25) and FY25 capex maintained at $290–$350M. Power JV 100% Adjusted EBITDA guidance for Q4: $10–$30M.

BKV (NYSE:BKV) agreed to acquire an additional one-half of Banpu Power US Corporation’s interest in BKV-BPP Power, increasing BKV’s ownership to 75% and majority control. The purchase price equals $376.0 million less 25% of BKV-BPP Power net indebtedness at closing; net indebtedness was approximately $581.8 million as of September 30, 2025. Consideration will be paid 50% cash and 50% stock (stock issued at $21.6609 per share). BKV expects to consolidate BKV-BPP Power results after closing and targets a Q1 2026 close, funding cash via on‑hand cash and borrowings under its reserve‑based lending agreement with $800.0 million available capacity.

BKV Corporation (NYSE: BKV) will report third quarter 2025 operational and financial results before markets open on Monday, November 10, 2025. Management will host a conference call at 10:00 a.m. ET the same day to review results.

Participants may join by phone at (877) 407-0779 (US) or (201) 389-0914 (international), or via a webcast at https://ir.bkv.com. Dial-in is recommended 15 minutes early. A replay will be available for 60 days after the call via the company website or by calling (844) 512-2921 (US) / (412) 317-6671 (international) with passcode 13756033.

BKV Corporation (NYSE: BKV) has completed the acquisition of Bedrock Energy Partners' Barnett Shale assets for $370 million. The strategic acquisition significantly expands BKV's footprint in the Barnett Shale formation, adding 97,000 net acres and 108 MMcfed of production.

The acquired assets include 1,121 producing locations with low decline rates of approximately 7%, 800 billion cubic feet equivalent of proved reserves, and critical midstream infrastructure. The deal strengthens BKV's position as the largest natural gas producer in the Barnett Shale, adding 50 new drill locations and 80 low-cost refrac locations for future development.

BKV Corporation (NYSE: BKV) has announced the pricing of a $500 million senior notes offering through its subsidiary BKV Upstream Midstream, LLC. The notes, priced at par with a 7.500% interest rate and due in 2030, are expected to close around September 26, 2025.

The proceeds will primarily fund the previously announced Bedrock Production acquisition, repay outstanding RBL Credit Agreement borrowings, and cover offering-related expenses. The notes include a special mandatory redemption provision if the Bedrock Acquisition isn't completed by November 1, 2025, or if the purchase agreement is terminated before that date.

BKV Corporation (NYSE: BKV) announced its subsidiary BKV Upstream Midstream, LLC plans to offer $500 million in senior notes due 2030 through a private placement to qualified institutional buyers.

The proceeds will primarily fund the previously announced Bedrock Production acquisition, repay a portion of outstanding RBL Credit Agreement borrowings, and cover offering-related expenses. The notes will be unsecured, senior obligations guaranteed by BKV and its subsidiaries.

If the Bedrock Acquisition isn't completed by November 1, 2025, or if the purchase agreement is terminated before then, the notes will be subject to a special mandatory redemption at 100% of the initial issue price plus accrued interest.