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Stock impact report

BKV Corporation Reports Fourth Quarter and Full Year 2024 Results

BKV Corporation (BKV) 
Company Research Source: Business Wire
DENVER--(BUSINESS WIRE)--BKV Corporation (NYSE: BKV) (“BKV” or the “Company”), today reported financial and operational results for the fourth quarter and full year 2024, as well as provided guidance for 2025.Fourth Quarter 2024 Highlights Adjusted Net Income of $0.8 million, or $0.01 per diluted shareAdjusted EBITDAX of $71.9 million (excluding Power JV)Implied proportionate share of Power JV Adjusted EBITDA of $0.5 millionNet cash provided by operating activities of $43.8 millionAdjusted Free Cash Flow of $5.4 millionBarnett Zero quarterly sequestration of 44,437 metric tons of CO2 equivalentTotal power generation of 1,228 GWh from the Power JV’s Temple Plants; capacity factor of 37.5%Total net production of 774.5 MMcfe/d, well a Read more
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