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
- 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 - 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
- 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 - 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 - 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 - 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
- 25 Sept
the exchange certified BKV Corp's securities for listing, clearing them to begin trading.
listing compliance notice
63.9m sh