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Friday 9 October 2026 · Oil, gas and mining explorers, from their own disclosures

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BKV Corp

NYSE:BKV · 7 story beats from 2024 to 2026

What it holds, and what it is worth

1,000bcf gas

reserve · P90 1000 / P50 1000 / P10 1000

Valued at: BKV Corp 100%
3 notes for review
  • company-reported total: valued at 100% (SEC reserves are already net to the company)
  • gas: no best estimate stated; P50 taken as 1000 from the low case
  • gas: high case not stated; set equal to P50
50%
Probability of
1,000
bcf
100.0%
Value retained
$400,000,000.00
AUD

Leverage per instrument

NYSE:BKV
11%
$23.68 → $2.58

The story so far

The events that changed the company's story, in plain English, each written against everything known about the company at the time. The dot shows whether it was good, bad or neutral for shareholders.

shares on issue market cap (log scale)

202696.9m shares · US$3.03bn market cap

  1. 12 Mar

    BKV raised more equity (5.55 million primary shares plus a fully exercised 1.45 million-share option) at $26.58 each, while Bedrock Energy Partners -- the seller from the 2025 Bedrock acquisition -- simultaneously sold down 4.1 million of the BKV shares it received as deal consideration.

    material agreement

    96.9m shUS$3.03bn
  2. 30 Jan

    BKV closed its acquisition of the remaining 50% of the BKV-BPP Power joint venture from Banpu Power US, taking full ownership -- a deal first disclosed in October 2025, paid partly in BKV stock.

    asset acquisition disposition

    96.9m shUS$2.88bn

202590.0m shares · US$2.48bn market cap

  1. 3 Dec

    BKV raised additional equity, selling 6.9 million shares (including a fully exercised overallotment) at $26.00 each.

    material agreement

    90.0m shUS$2.48bn
  2. 1 Oct

    BKV's Upstream Midstream subsidiary issued $500 million of 7.5% senior unsecured notes due 2030 to help fund the Bedrock acquisition, which closed around the same time with Bedrock and its subsidiaries becoming note guarantors.

    asset acquisition disposition

    90.0m shUS$2.08bn
  3. 12 Aug

    BKV agreed to acquire Bedrock Production for $370 million (cash plus up to $110 million in BKV stock) from Bedrock Energy Partners, expected to close late Q3/early Q4 2025.

    capital raising announcement

    84.7m shUS$1.75bn
  4. 8 May

    BKV formed a carbon-capture joint venture, BKV dCarbon Project, with C Squared Solutions: BKV contributes its CCUS projects and assets for at least 51% ownership, while C Squared commits up to $500 million in cash over five years to fund development.

    material agreement

    84.7m shUS$1.54bn

202463.9m shares

  1. 25 Sept

    the exchange certified BKV Corp's securities for listing, clearing them to begin trading.

    listing compliance notice

    63.9m sh