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BKV BKV Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Revenue by Product
Energy Retail Sales$29.8M+0.5%$29.66M
Marketing revenues$17.59M+81.6%$2.8M+42.5%$1.65M-5.1%$1.37M-32.9%$9.69M+96.8%
Merchant Energy Sales And Other$94.83M+59.3%$59.53M
Midstream revenues$2.3M-17.1%$2.36M-1.2%$2.58M-3.0%$2.74M-18.9%$2.77M-32.9%
Natural gas$240.15M+43.0%$200.6M+69.4%$150.93M+71.8%$155.56M+87.8%$167.98M+74.4%
NGLs$44.76M+0.2%$46.97M+8.3%$39.77M+6.1%$41.63M+1.0%$44.68M+2.9%
Oil$2.76M-20.1%$1.73M+34.7%$1.73M+9.1%$2.54M+41.1%$3.46M+78.9%
Other$132K+110%$4.66M+160%$2.11M+22.9%$3M+77.0%-$1.31M-191%
Physical Power Purchased-$55.73M-22.7%-$45.41M
Revenue by Geography
Pennsylvania$30.91M+25.8%$17.01M+7.7%$11.05M+118%$15.04M+142%$24.57M+78.5%
Texas$345.64M+39.4%$240.81M+42.7%$188.71M+46.9%$192.11M+50.4%$247.93M+74.8%

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Questions, answered.

How does BKV break its business down?
BKV (BKV) reports revenue by product across 9 parts — Energy Retail Sales, Marketing revenues, Merchant Energy Sales And Other, Midstream revenues and Natural gas. Each is extracted from the segment footnotes and tracked over time.
Where does BKV's segment data come from?
Segment breakdowns are pulled from the segment footnotes in BKV's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.