DENVER (AP) — DENVER (AP) — BKV Corp. (BKV) on Wednesday reported a loss of $57.5 million in its fourth quarter.
On a per-share basis, the Denver-based company said it had a loss of 68 cents. Earnings, adjusted for non-recurring costs, came to 1 cent per share.
The natural gas producer posted revenue of $119.8 million in the period.
For the year, the company reported a loss of $142.9 million, or $2 per share. Revenue was reported as $581 million.
BKV shares have declined 4% since the beginning of the year.
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