BKV Corp

At EnerCom in Denver, BKV unveiled an integrated business model combining upstream gas, power generation (currently 1.5 GW) and CCUS, touting production of around 1.1 billion cubic feet per day and three active CCUS projects. The company plans 2026 investments of $690–875 million, reports liquidity of $840 million at the end of Q2, and intends to gradually expand power capacity to 2.9 GW depending on completed power purchase agreements and permits. BKV sees its “closed‑loop” model as an advantage against commodity volatility, but notes that contract signings, permits and external capital requirements are still outstanding to realize the plan. » Altro su de.investing.com

Shareholders of BKV Corp elected four Class II directors (Akaraphong Dayananda, Thiti Mekavichai, Sunit S. Patel, Carla Mashinski) to serve until the 2029 annual meeting. The annual meeting reappointed PricewaterhouseCoopers LLP as the independent auditor for 2026. BKV reported a net profit of $44 million and adjusted EBITDAX of $112 million for Q1 2026. In addition, an amendment to the reserve-based lending agreement with Citibank and other lenders was agreed, permitting higher allowed net leverage ratios to strengthen financial flexibility. » Altro su de.investing.com

BKV Corp, with Citibank as lead arranger, has agreed the sixth amendment to its reserve-based lending (RBL) loan agreement, raising the maximum permitted net leverage ratios for distributions, voluntary early repayments and permitted investments. Thresholds were increased from about 2.00:1.00 to 2.25:1.00 for distribution-based payments and correspondingly for other restricted payments. BKV currently reports a leverage ratio of 0.58 and liquidity (current ratio) of 1.31, and reported for Q1/2026 a net profit of USD 44m and adjusted EBITDAX of USD 112m. » Altro su de.investing.com