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AI brief of an SEC Form 8-K · BKV Corp (BKV)

BKV Q3 adjusted EBITDAX rises to $132.7 million; GAAP net income falls to $29.4 million

Mixed Impact 4 of 5 earnings Written later

BKV reported third-quarter 2026 results showing adjusted EBITDAX attributable to BKV of $132.7 million, up from $101.3 million a year earlier, and adjusted EPS of $0.36 versus $0.27. GAAP net income attributable to BKV fell to $29.4 million from $83.5 million, and the company also announced a cost reimbursement agreement covering up to approximately $179 million for expanded modular power development in Temple, Texas.

Key points

  • Net income attributable to BKV was $29.4 million, or $0.27 per diluted share, versus $83.5 million in the third quarter of 2025.
  • Adjusted EBITDAX attributable to BKV was $132.7 million, versus $101.3 million a year earlier; adjusted EPS was $0.36 versus $0.27.
  • A cost reimbursement agreement with a Leading Frontier AI Lab covers up to approximately $179 million if offtake arrangements are not agreed by November 18, 2026, with an aggregate cap of $374.1 million.
  • Fourth-quarter 2026 guidance calls for total capital expenditures of $315 million to $385 million and net production of 1,010 to 1,030 MMcfe/d.

The filing

CompanyBKV Corp (BKV)
Form8-K, current report
Filed with the SECNov 5, 2026, 7:05 AM ET
Accession number0001628280-26-070548

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.