BKV Corp

BKV Corporation is an energy company focused on natural gas production, natural gas-fired power generation, and acquisitions. The company's core activities involve producing natural gas and generating power from its owned and operated assets. These operations are supported by four business lines: natural gas production, natural gas midstream, power generation, and Carbon Capture, Utilization, and Sequestration (CCUS). BKV employs a closed-loop operating model that integrates these business lines to enhance cost efficiency, commercial optimization, and operational reliability. This approach allows BKV to maintain operational control over the production, transportation, and processing of natural gas. For instance, in the Barnett Shale, natural gas from BKV's upstream assets is gathered and transported partly through its midstream systems. The company commenced sequestration operations at its first CCUS project in November 2023. BKV expects its second and third CCUS projects to begin sequestration activities during the first and second quarter of 2026. On September 27, 2024, BKV completed its initial public offering of 15,000,000 shares of common stock at $18.00 per share.