BKV Corporation

BKV · NYSE · Energy / Oil & Gas E&P

19.25USD-0.02 (-0.10%)

Price History

Full chart

Market Stats

Previous Close19.27

Open19.22

Day Range18.96 – 19.47

52-Week Range17.47 – 32.81

Volume951.07K

Market Cap1.92B

P/E (TTM)8.16

Forward P/E10.93

EPS2.15

Dividend Yield0.00%

Beta1.13

50-Day Avg22.76

200-Day Avg26.43

About

BKV Corporation produces and sells natural gas in the Barnett Shale in the Fort Worth Basin of Texas and in the Marcellus Shale in the Appalachian Basin of Northeast Pennsylvania. It is also involved in the gathering, processing, and transportation of natural gas; power generation; and carbon capture, utilization, and sequestration activities. The company was founded in 2015 and is headquartered in Denver, Colorado. BKV Corporation operates as a subsidiary of Banpu North America Corporation.

Company Details

SectorEnergy
IndustryOil & Gas E&P
CEOMr. Christopher Pungya Kalnin
Employees452
Headquarters1200 17th Street, Denver, CO, United States, 80202, USA
Websitehttps://bkv.com

Leadership

Mr. Christopher Pungya KalninCEO & Director · b. 1978
Mr. Eric S. JacobsenPresident of Upstream · b. 1971
Mr. Dilanka SeimonChief Commercial Officer · b. 1981
Mr. David Robert TameronChief Financial Officer · b. 1968
Mr. Barry S. TurcotteChief Accounting Officer · b. 1970
Mr. Mike PfisterChief Information Officer
Ms. Lindsay B. LarrickChief Legal & Administrative Officer and Secretary · b. 1983
Mr. Michael Anthony HallVice President of Investor Relations
Ms. Kristen Lee BusangSenior Vice President of Human Resources
Mr. Javier HinojosaSenior Vice President Power

Financials

Income Statement

Currency: USD	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	122.53M	889.53M	1.66B	739.28M	604.53M	895.64M
Growth (%)	-	+625.94%	+86.64%	-55.47%	-18.23%	+48.16%
Cost of Revenue	87.34M	92.28M	118.91M	223.37M	217.53M	611.95M
Gross Profit	35.19M	797.25M	1.54B	515.91M	387.00M	283.70M
Gross Margin	28.72%	89.63%	92.84%	69.79%	64.02%	31.68%
Operating Expense	45.10M	776.93M	1.24B	358.29M	541.80M	124.36M
Operating Income	-9.91M	20.32M	304.56M	157.62M	-154.80M	159.34M
Operating Margin	-8.09%	2.28%	18.34%	21.32%	-25.61%	17.79%
EBITDA	87.20M	-74.02M	640.00M	446.59M	82.18M	412.01M
EBITDA Margin	71.17%	-8.32%	38.55%	60.41%	13.59%	46.00%
Net Income	-43.35M	-138.21M	410.14M	116.92M	-142.87M	173.13M
Net Income Margin	-35.37%	-15.54%	24.70%	15.82%	-23.63%	19.33%
Interest Expense	1.71M	2.13M	37.17M	77.02M	50.76M	42.78M
Interest Expense % of Total Revenue	1.40%	0.24%	2.24%	10.42%	8.40%	4.78%

Balance Sheet

Currency: USD	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	1.34B	1.62B	2.70B	2.68B	2.23B	3.13B
Total Liabilities	357.35M	865.89M	1.51B	1.21B	671.51M	1.06B
Total Equity	942.86M	705.10M	1.13B	1.42B	1.56B	2.04B
Cash	17.45M	134.67M	153.13M	25.41M	14.87M	199.41M
Total Debt	35.14M	181.41M	617.04M	541.66M	165.00M	486.78M
Net Debt	17.69M	46.74M	463.91M	516.26M	150.13M	287.37M

Cash Flow

Currency: USD	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-7.41M	358.13M	349.19M	123.08M	118.54M	242.71M
Investing Cash Flow	-513.99M	-161.86M	-865.57M	-177.85M	36.07M	-564.90M
Financing Cash Flow	442.72M	-79.05M	534.83M	66.71M	-304.81M	506.74M
Capital Expenditure	514.30M	68.71M	248.10M	192.60M	100.92M	300.17M
Free Cash Flow	-521.71M	289.42M	101.10M	-69.53M	17.62M	-57.46M
Dividends Paid	0	98.46M	0	0	-	-
FCF to OCF	7045.35%	80.81%	28.95%	-56.49%	14.87%	-23.67%
Dividend Paid to FCF	0.00%	34.02%	0.00%	0.00%	-	-

Earnings

Report Date	Aug 28, 2024	Nov 12, 2024	Feb 26, 2025	May 9, 2025	Aug 12, 2025	Nov 10, 2025	Feb 25, 2026	May 7, 2026	Aug 6, 2026	Nov 5, 2026	Nov 9, 2026
EPS Estimate	0.00	-0.25	-0.14	0.22	0.15	0.21	0.29	0.37	0.32	0.30	0.39
EPS Actual	-0.90	-0.27	0.01	0.41	0.39	0.50	0.29	0.22	0.46	0.37	-
Surprise	-	-8.00%	106.92%	86.36%	160.00%	138.10%	-0.92%	-40.54%	43.75%	23.33%	-
Timing	-	Pre-market	-	Pre-market	Pre-market	Pre-market	-	Pre-market	Pre-market	Pre-market	-

Key Statistics & Ratios

Market Cap1.92B

Enterprise Value3.37B

Trailing P/E8.16

Forward P/E10.93

Price / Sales1.37

Price / Book0.88

EPS2.15

Book Value20.84

Revenue (TTM)1.40B

Gross Profit (TTM)471.63M

EBITDA599.72M

Profit Margin15.62%

Operating Margin17.23%

Return on Equity11.13%

Return on Assets6.06%

Shares Outstanding109.44M

Shares Float31.16M

Beta1.13

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Analyst Ratings

Strong Buy

Based on 11 analystsTarget 33.82

Strong Buy
10
Buy
1

Ownership Breakdown

Institutions: 43.61%
Insiders: 66.17%
Retail / Other: 0.00%

Top Institutional Holders

Yaupon Capital Management LP
2.77M2.53%
BlackRock Inc
2.71M2.48%
Cooper Creek Partners Management LLC
2.67M2.44%
Boston Partners Global Investors, Inc
2.55M2.33%
The Goldman Sachs Group Inc
1.96M1.79%
FMR Inc
1.84M1.69%
Citadel Advisors Llc
1.80M1.65%
State Street Corp
1.76M1.61%
Vanguard Capital Management, LLC
1.68M1.54%
Merewether Investment Management, LP
1.67M1.53%
Zimmer Partners LP
1.67M1.53%
Covalis Capital LLP
1.41M1.29%
Aventail Capital Group, LP
1.34M1.23%
Dimensional Fund Advisors, Inc.
1.31M1.19%
William Blair Investment Management, LLC
1.19M1.09%

Top Fund Holders

SttStrtSPDRS&POil&GasExplor&ProdtnETF
1.25M1.14%
Vanguard MStar Total Stk Mkt Idx Invest
1.22M1.11%
Goldman Sachs MLP Energy Infras Instl
1.06M0.97%
Fidelity Stock Selector Small Cap
1.05M0.96%
iShares Russell 2000 ETF
964.56K0.88%