Skip to main content BKV Corporation Investor Presentation – BKV Operating, LLC | Shale Experts
Loading...
Pm

BKV Corporation Investor Presentation – BKV Operating, LLC

BKV Operating, LLC · May 9, 2025 · 47 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 1
    BKV Corporation May 9, 2025
  2. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 2
    Important Notice and Disclaimer About BKV Quarterly Highlights Business Units Overview: Upstream & Midstream Business Units Overview: CCUS Business Units Overview: Power Financial Overview Appendix 2
  3. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 3
    Important Notice and Disclaimer 3
  4. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 4
    About BKV Natural gas production location 4 Wyoming County, Pennsylvania
  5. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 5
    BKV is an Energy Solutions Leader 5
  6. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 6
    BKV Delivers Value Beyond the Sum of Its Parts 6
  7. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 7
    BKV is the Largest Producer in the Barnett and a Top 5 Gas Producer in Texas1 Highly Contiguous Position, Opportunities for Growth 761 1.3 Bcf/d of production from BKV Acreage other smaller Peer 1 operators in play 473 Peer 2…
  8. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 8
    BKV Has Taken an Early Lead in the CCUS Space CO2 Concentration1 Capital Deployment Model 8
  9. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 9
    Carbon Capture. Its On. Announcing BKVs Strategic Joint Venture with CIP Copenhagen Infrastructure Partners (CIP)1 CIPs Energy Transition Fund 9
  10. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 10
    BKV + CIP: Shaping the Future of the CCUS Industry BKV contributes 2 projects: Barnett Zero and Eagle Ford Initial Contributions CIP covers 100% of JV expenses until CIPs contributions equal 49% of the total value contributed by…
  11. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 11
    BKV-BPP Power Joint Venture Supplies Power to ERCOT Market 446 383 PJM 6,733 ERCOT (Texas) 6,082 Southwest 6,048 + CAISO 5,331 + Southeast 2,143 + MISO 2,054 Pacific Northwest 410 NYSIO 74 11
  12. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 12
    Quarterly Highlights 1Q 2025 Stakeholder tour at Barnett Zero 12 Wise County, Texas
  13. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 13
    First Quarter Business Highlights Company Upstream Midstream Carbon Capture Power 13
  14. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 14
    Business Units Overview Upstream & Midstream Drilling rig in the Barnett Shale 14 Denton County, Texas
  15. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 15
    BKVs Inventory Strength and Low PDP Decline Gas Oil NGLs Total % Gas (Bcf) (MMBbl) (MMBbl) (Bcfe) 613 2,077 1-year Decline (%) 5-year Decline (%) 10-year Decline (%) 7/1/2022 1/1/2023 7/1/2023 1/1/2024 7/1/2024…
  16. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 16
    Barnett: 15+ Years of Capital Efficient Inventory1 Barnett Upper and Lower Inventory Large, Contiguous Barnett Long Laterals and Excellent F&D Acreage BKVs Competitive Edge for Barnett Development 16
  17. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 17
    Barnett Position Presents Multiple Market Opportunities Well Positioned for LNG nfrastructure Attractive DFW Market Carbon Sequestered Gas 17
  18. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 18
    Northeast Pennsylvania (NEPA) Asset Overview NEPA Asset Map NEPA Asset Summary Strategic Rationale 18
  19. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 19
    BKV Midstream - Differentiated Access to End Customers BKV Midstream Asset Overview Strategic Rationale Key Asset Metrics 19
  20. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 20
    Business Units Overview CCUS Barnett Zero compressor facility 20 Wise County, Texas
  21. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 21
    CCUS Strategy1: Target Quick Wins on NGP while Scaling Class VI Projects Scaling CCUS Business: Industrial Projects with Point Source Sequestration Today to end of the Decade High Concentration, Class VI, Ethanol & Other…
  22. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 22
    BKVs CCUS Competitive Advantages We know who we are Category And we know who we are NOT + x + x + x + x + x + x + x 22
  23. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 23
    Natural Gas Processing Plants BKV's near-term focus area for Class II CCUS projects There are 438 NGPs in the lower 48 emitting 54MM tpy CO2, with 12MM tpy of that being high-concentration acid gas removal unit emissions1 Key Points:…
  24. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 24
    Flagship Project: Barnett Zero, Injecting Since November 2023 Project Locator Map inaugural CCUS project one of the first + geologically sequester CO2 waste FID in June 2022 and initiated first injection 18 months…
  25. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 25
    Reductions in Ambient CO2 Quantified by Monitoring at Barnett Zero Pre-Start-up October 2023 Post-Start-up May 2024 Lines depict the drone monitoring path + + + 25
  26. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 26
    Business Units Overview Power Temple Power Plants 26 Bell County, Texas
  27. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 27
    Robust Power Portfolio in Texas: CCGT Plants & Solar TI & TII CCGT Power Plants Temple, TX Ponder Solar Farm 2.5MWac solar facility jointly owned through a JV with Banpu Power US 27
  28. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 28
    Strategic JV with Significant Growth Potential in ERCOT Temple I and II 28
  29. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 29
    ERCOT Continues to Forecast Substantial Demand Growth 2025 ERCOT Adjusted Load forecast Breakdown by Type1 218 +132% 208 200 197 173 +67% 145 150 138 138 129 Oil and Gas 122 Industrial/Hydrogen GW 104 109 Crypto 100…
  30. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 30
    Data Center Demand & Growth in Texas is Accelerating PJM 6,733 ERCOT (Texas) 6,082 Southwest 6,048 CAISO 5,331 Southeast 2,143 MISO 2,054 Pacific Northwest 410 NYSIO 74 30
  31. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 31
    Power JV Strategically Positioned to Supply Power to Hyperscalers Data Center Market Highlights BKVs Strategic Advantages 31
  32. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 32
    Financial Overview 32
  33. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 33
    1Q25 Financial Highlights Category 1Q25 QTD ( in Millions) 689.8 653.6 -71% 200.0 33
  34. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 34
    2025 Guidance Accrued Capital Expenditures and Net Production 34
  35. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 35
    Disciplined Growth, Financial Strategy and Shareholder Returns Capital Use Prioritization 1 2 3 4 5 6 Near-term focus: Next up: (/Mcfe) 2.50 - 3.00 3.00 - 3.50 3.50+ 35
  36. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 36
    Compelling Investment Throughout the Commodity Cycle Cash Generating Growth Driven Margin Enhancing Generating Alpha 36
  37. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 37
    Thank you. Questions 37
  38. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 38
    Appendix 38
  39. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 39
    Non-GAAP & Other Definitions 39
  40. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 40
    Adjusted EBITDAX Reconciliation Three Months Ended March 31, 40
  41. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 41
    Combined Adjusted EBITDAX Reconciliation Three Months Ended March 31, 41
  42. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 42
    Power JV Adjusted EBITDA Reconciliation Three Months Ended March 31, 42
  43. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 43
    Adjusted Net Income (Loss) Reconciliation Three Months Ended March 31, 1 Net losses are prohibited from including potential common shares in the computation of diluted per share amounts. Therefore, we have…
  44. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 44
    Adjusted Free Cash Flow Reconciliation Three Months Ended March 31, 44
  45. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 45
    1 Improve operations and environmental performance Asset consolidation and replacement Emissions elimination Highly economic program 2 4-tiered air monitoring plan: flyover, satellite, continuous monitoring, and LDAR Up to 5…
  46. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 46
    Consistent and Methodical Hedging Philosophy As of BKVs Hedging Philosophy Balance of 2025 Calendar 2026 Calendar 2027 May 6, 2025 46
  47. BKV Corporation Investor Presentation – BKV Operating, LLC – slide 47
    SEC Reserves Overview Gas Oil NGLS Total PV-10 % Gas (Bcf) (MMBbl) (MMBbl) (Bcfe) (MM) 2,091 % Decline NEPA Barnett Total Corp 1-year 5-year 10-year 47

From the store

Browse maps, data & reports in the Shale Experts store