BKV: Q4 Financial Results Overview
BKV Corp. Reports Strong Fourth-Quarter Results
BKV Corp., headquartered in Denver, announced on Wednesday that it achieved a net profit of $70.4 million for the fourth quarter, reversing a loss from the same period last year.
The company reported earnings of $0.75 per share, with adjusted earnings—excluding one-time gains—coming in at $0.29 per share.
During the quarter, the natural gas company generated $330.1 million in revenue, with adjusted revenue totaling $259.9 million.
Looking at the full year, BKV Corp. posted a net income of $173.1 million, or $1.98 per share, marking a return to profitability. Annual revenue reached $903.7 million.
Since the start of the year, BKV's stock price has climbed just over 9%, and over the past twelve months, shares have surged by 30%.
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