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BKV BKV BKV Upstream Midstream, LLC — Lease operating and workover

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Other financials

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%
Free cash flow-$34.5M+16.1%

Valuation

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Market cap$2.63B+53.3%
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
FCF margin-4.4%

Returns & leverage

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

Where this comes from

Reported directly by BKV in its filing.

Tagged under the XBRL concept bkv:LeaseOperatingAndWorkover.

The source filing: BKV’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 2:25 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054162
(in thousands)Upstream/MidstreamPowerTotal Reportable SegmentsCorporate and OtherTotal
Other328328(3,548)(3,220)
Total revenues and other operating income$343,702$122,333$466,035$(500)$465,535
Operating expenses
Lease operating and workover44,48244,48244,482
Fuel commodity costs42,83242,83242,832
Purchased power29,50229,50229,502
Marketing expense22,51668523,2016123,262
Taxes other than income11,5834,30315,8861415,900

Item 1. 1. Fi

FAQ

What is BKV's BKV upstream midstream, LLC — lease operating and workover?
BKV (BKV) reported BKV upstream midstream, LLC — lease operating and workover of $44.48M in Q2 2026.
What does BKV upstream midstream, LLC — lease operating and workover mean?
Costs incurred to operate and maintain producing natural gas wells, including routine maintenance, repairs, and well workover activities. These expenses are essential for sustaining production levels and ensuring the integrity of upstream assets. Monitoring these costs helps evaluate the operational efficiency and cost-to-produce metrics of the segment.

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