Each one in plain English, with the numbers worked through for a shareholder.
22 May 2026material agreement▲ Good
BKV loosened the leverage-ratio covenants on its reserve-based credit facility with Citibank, raising the net leverage thresholds that govern shareholder distributions and voluntary debt prepayments -- more financial flexibility as its credit profile improved.
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.
30 Jan 2026asset acquisition disposition▲ GoodMajor
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.
1 Oct 2025asset acquisition disposition● NeutralMajor
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.
12 Aug 2025capital raising announcement▲ GoodMajor
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.
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.