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BKV

BKV

BKV Corporation is a vertically integrated energy company focused on the production of natural gas and the generation of natural gas-fired power.

Market cap
$2.63B+42.6%
Revenue$1.2B+34.6%
Net income$267.1M+1,521%
Free cash flow-$50.7M-383%
EPS (diluted)$2.77+1,254%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q2 2026

Income statement

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Revenue$322.5M+20.0%
Operating income$121.7M-24.6%
Net income$75.8M-29.7%
EPS (diluted)$0.67-47.2%

Balance sheet

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Cash & equivalents$168.3M+60.1%
Total debt$1.2B+525%
Total equity$2.3B+44.5%
Total assets$4.2B+33.8%

Cash flow

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Operating cash flow$109.7M+22.9%
CapEx$86.8M+30.6%

Valuation & ratios

Valuation

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Market cap$2.63B+42.6%
Enterprise value$3.71B+105%
P/E9.8×
P/S2.3×+0.3×

Profitability

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Operating margin33.8%+32.1pp
Net margin23.1%+21.3pp

Returns & leverage

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Return on equity13.7%+12.6pp
Debt / equity0.5×+0.4×
Current ratio1.1×+0.6×

Segments

By product

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Natural gas$156.1M+0.3%
Merchant energy sales and other$70.8M
NGLs$61.0M+46.4%
Energy retail sales$40.6M
Marketing revenues$26.2M+275%

By geography

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Texas$306.5M
Pennsylvania$16.0M

Competitors

Profile

BKV Corporation is a vertically integrated energy company focused on the production of natural gas and the generation of natural gas-fired power. The company employs a closed-loop business model that integrates upstream production, midstream transportation, and carbon capture, utilization, and sequestration (CCUS) to optimize cost efficiency and reduce greenhouse gas emissions.

Competitive position

BKV is a leading producer in the Barnett Shale utilizing a unique closed-loop model that integrates CCUS with traditional gas production and power generation.

GeographiesUnited States
Customer segmentsWholesale energy markets, Industrial manufacturers, Utilities
Business modelVertically integrated energy, Asset-heavy production, Infrastructure-as-a-service
SuppliersOilfield service providers, Equipment manufacturers, Drilling and completion contractors
CustomersRegional power grids, Natural gas marketers, Industrial energy consumers
Listed2024
CEOChristopher Pungya Kalnin
SectorEnergy
FilingsSEC EDGAR

FAQ

What is BKV's market cap?
BKV (BKV) has a market capitalization of $2.6B and trades on XNYS.
What is BKV's revenue and profitability?
BKV generated $1.2B in trailing twelve-month revenue with net income of $267.1M, representing a net margin of 23.1%, with free cash flow of -$50.7M. These figures are based on the Q2 2026 filing.
Who are BKV's competitors?
BKV's key competitors include EQT Corporation, Vistra Corp., National Fuel Gas Co., and others. These companies compete in similar markets and product categories.
Who does BKV partner with?
BKV's notable partners include Banpu North America Corporation.
Where is BKV headquartered?
BKV is headquartered in United States of America. It has been publicly traded since 2024.