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BKV BKV Marketing revenues — Revenue

Other product segments

Natural gas
$156.1M+0.3%
Merchant energy sales and other
$70.83M
NGLs
$60.96M+46.4%
Energy retail sales
$40.55M
Physical power purchased
-$37.13M
Oil
$4.87M+91.8%
Other
-$3.55M
Solar revenue
$111K

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WINAMarketing Fees — Revenue
$475K+5.6%
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RMAXMarketing Funds — Revenue
$16.79M-8.1%

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 us-gaap:Revenues.

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
Natural gas, NGL, and oil sales$221,928$221,928$221,928
Power revenues74,36274,36274,362
Derivative gains, net95,28447,971143,255143,255
Marketing revenues26,16226,16226,162
Section 45Q tax credits3,0483,048
Other328328(3,548)(3,220)
Total revenues and other operating income$343,702$122,333$466,035$(500)$465,535
Operating expenses

Item 1. 1. Fi

FAQ

What is BKV's marketing revenues — revenue?
BKV (BKV) reported marketing revenues — revenue of $26.16M in Q2 2026.
How has BKV's marketing revenues — revenue changed year-over-year?
BKV's marketing revenues — revenue increased by 275.5% year-over-year, from $6.97M to $26.16M.
What is the long-term trend for BKV's marketing revenues — revenue?
Over 2 years (2022 to 2025), BKV's marketing revenues — revenue has grown at a 38.5% compound annual growth rate (CAGR), from $11M to $21.1M.
What does marketing revenues — revenue mean?
This metric represents the gross revenue generated from the marketing and commercialization of natural gas and related energy products. It reflects the company's ability to capture value beyond production by managing the sale, distribution, and logistical optimization of its energy portfolio. This segment serves as a key indicator of the company's market reach and its effectiveness in navigating commodity price volatility through strategic sales channels.

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