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BKV BKV Derivative, Gain (Loss) on Derivative, Net

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Segments

By segment

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BKV Upstream Midstream, LLC$95.28M-15.1%

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:DerivativeGainLossOnDerivativeNet.

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
Revenues and other operating income
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

Item 1. 1. Fi

FAQ

What is BKV's derivative, gain (loss) on derivative, net?
BKV (BKV) reported derivative, gain (loss) on derivative, net of $143.26M in Q2 2026.
How has BKV's derivative, gain (loss) on derivative, net changed year-over-year?
BKV's derivative, gain (loss) on derivative, net decreased by 23.4% year-over-year, from $187.03M to $143.26M.
What is the long-term trend for BKV's derivative, gain (loss) on derivative, net?
Over 2 years (2022 to 2025), BKV's derivative, gain (loss) on derivative, net has grown at a -39.1% compound annual growth rate (CAGR), from -$629.7M to $233.71M.
What does derivative, gain (loss) on derivative, net mean?
Represents the net realized and unrealized gains or losses resulting from derivative financial instruments used to hedge commodity price risk. This metric reflects the effectiveness of the company's hedging strategy in mitigating volatility in natural gas prices. It is a critical indicator of how market fluctuations impact the company's bottom line outside of core production activities.

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