BKV Corporation

BKV Corporation

BKV
BKV CorporationUS flagNew York Stock Exchange
26.06
USD
-0.23
- -
2.85BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.46
10.57
19.74
12
11.3
13.18
11.98
Basic EPS, GAAP
-0.52
-2.03
4.88
1.47
-1.94
2.07
2.75
Free Cash Flow per Basic Share
-6.2
3.44
4.15
0.82
1.62
0.1
-1.08
Dividend per Share
- -
1.17
- -
- -
- -
- -
- -
Book Value per Share
11.21
8.38
13.47
16.85
17.78
20.5
21.04
Tangible Book Value per Share
10.99
8.16
13.25
16.63
17.57
20.31
20.87
Basic Weighted Avg Shares
84
84
84
84
71
87
97
Sales/Revenue/Turnover
123
890
1,660
1,010
806
1,141
1,163
Operating Margin (%)
-25.02
45.44
56.27
-5.13
-35.04
-6.52
4.37
Depreciation Expense
90
99
130
256
256
197
170
Net Income, GAAP
-43
-138
410
124
-139
179
267
Effective Tax Rate (%)
- -
- -
13.25
18.58
- -
16.37
19.74
Profit Margin (%)
-35.37
-15.54
24.7
12.24
-17.21
15.7
22.97
Working Capital
70
-269
-276
-100
-2
-53
59
LT Debt
5
5
527
415
850
938
1,064
Total Equity
985
755
1,196
1,478
1,553
2,067
2,403
Return on Invested Capital (%)
- -
- -
54.87
-2.03
- -
-2.2
1.49
Return on Capital (%)
- -
- -
31.04
10.79
- -
8.79
11.61
Return on Common Equity (%)
- -
-20.72
44.62
9.69
-9.5
10.28
13.74

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
185
185
LT Borrowings
487
1,081
1,064
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
97
109
109
Market Capitalization
2,630
3,120
2,988

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
388
568
458
Cash, Cash Equivalents & STI
199
289
152
Accounts Receivable, Net
112
153
10
Inventories
6
19
18
Total Current Liabilities
218
433
399
Payables & Accruals
208
218
195
ST Debt
- -
185
185
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
19.36%
33.12%
Free Cash Flow
- -
-48.08%
-92.83%
Net Income, GAAP
- -
-137.84%
-229.21%
Sales/Revenue/Turnover
- -
138.96%
41.59%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
152
132
132
174
806
2025
272
269
197
267
1,141
2026
377
322
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.46
-0.71
0.19
-0.68
-1.94
2025
-0.97
1.27
0.91
0.76
2.07
2026
0.43
0.69
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Christopher Pungya Kalnin
Full Time Employees
452
Sector
Energy
Industry
Oil & Gas Exploration & Production
Address
1200 17th Street Denver CO United States of America 80202
IPO Date
Sep 26, 2024
Website
bkv.com
Business
BKV Corporation (NYSE: BKV), a subsidiary of Banpu North America Corporation, produces and sells natural gas from assets in the Barnett Shale of the Fort Worth Basin in Texas and the Marcellus Shale in Northeast Pennsylvania; gathers, processes, and transports natural gas; generates power; and captures, utilizes, and sequesters carbon. Founded in 2015 and headquartered in Denver, Colorado, the company operates a closed-loop energy model across upstream production, midstream services, independent power generation via the BKV-BPP Power joint venture featuring Temple I and II plants in Texas, and carbon capture, utilization, and sequestration (CCUS) initiatives including the operational Barnett Zero site, Cotton Cove project set for initial operations in 2026, and others in South and East Texas. BKV targets utility, industrial, and emerging high-demand customers such as data centers in the ERCOT market, with key operational locations in Texas and Pennsylvania. Recent developments include BKV's October 2025 agreement to acquire a controlling stake in the BKV-BPP Power joint venture from BPPUS using cash, stock valued at $21.6609 per share, and borrowings, enabling consolidation of its financial results and acceleration of power growth amid rising ERCOT demand; an August 2025 purchase agreement for Bedrock Production at $370 million to strengthen Barnett Shale position; expansion of a strategic midstream partnership in July 2025 for a new CCS project at an East Texas processing plant, building on prior South Texas collaboration; formation of a CCUS joint venture with Copenhagen Infrastructure Partners committing $500 million (expandable to $1 billion); and final investment decision on additional carbon capture projects, alongside its September 2024 NYSE initial public offering.

Company News

  • 33,208 Shares in BKV Corporation $BKV Purchased by Deutsche Bank AG

  • 557,786 Shares in BKV Corporation $BKV Purchased by Bank of New York Mellon Corp

  • BKV Corporation (NYSE:BKV) Given Consensus Recommendation of “Moderate Buy” by Analysts

  • BKV Corporation Announces Effectiveness of Form S-3 Registration Statement

  • BKV Maps Path to 2.9 GW Power Buildout, CCUS Growth and Contracted Cash Flow

  • BKV Q2 Earnings Call Highlights

  • BKV Corporation (BKV) Q2 2026 Earnings Call Transcript

  • BKV (BKV) Surpasses Q2 Earnings and Revenue Estimates

  • BKV Corporation Reports Second Quarter 2026 Financial and Operational Results and Updated 2026 Guidance

  • EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

  • Analysts Estimate BKV (BKV) to Report a Decline in Earnings: What to Look Out for

  • BKV Corporation Announces Timing of Second Quarter 2026 Earnings Release and Conference Call Details

  • BKV vs. California Resources: Which U.S. Oil and Gas Producer Stock Stock Is a Better Buy in 2026?

  • BKV Announces Two New Carbon Capture and Sequestration Facilities Now Operational

  • BKV Q1 Earnings Call Highlights

  • BKV Corporation (BKV) Q1 2026 Earnings Call Transcript

  • BKV (BKV) Lags Q1 Earnings Estimates

  • BKV Corporation Reports First Quarter 2026 Financial and Operational Results

  • BKV Stock Powering Up Near A Buy Point As The AI Data-Center Play's Earnings Approach

  • IPO Stock Of The Week: AI Data Center Leader BKV Breaks Out Past New Buy Point