BKV Q3 2026 Earnings: Carbon Credit Certification, AI Lab Power Deal, and Barnett Shale Acquisition
streetinsider.comBKV reported Q3 2026 net income of $29.4 million, down from $83.5 million a year ago, but adjusted EBITDAX rose to $132.7 million. The company also received Verra carbon credit certification for CO2 sequestration, claiming a first for its carbon capture operations. That certification lets BKV start delivering its Carbon Sequestered Gas product to Kiewit and Gunvor under existing agreements. The company expanded its power joint venture with an unnamed frontier AI lab, planning to grow the Temple Energy Complex to 400 MW from 200 MW. A separate equipment supply deal covers 1.2 GW of gas turbine capacity backed by a hyperscaler offtaker. BKV also closed a Barnett Shale acquisition adding upstream, midstream, and carbon capture assets, and guided Q4 production at 1,010 to 1,030 MMcfe per day.