BKV (NYSE:BKV) Releases Earnings Results

BKV (NYSE:BKV) announced its quarterly earnings results on Wednesday. The company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.08), FiscalAI reports. BKV had a return on equity of 8.43% and a net margin of 17.16%.The business had revenue of $259.91 million for the quarter, compared to analyst estimates of $268.05 million.

Here are the key takeaways from BKV’s conference call:

• BKV delivered a strong 2025 — adjusted EBITDA $390 million for the year, adjusted net income $122 million, generated positive free cash flow after CapEx, and finished with $199 million cash, $984 million total liquidity and a 0.9x net leverage.
• Upstream outperformed guidance with ~8% exit-to-exit organic production growth, peer-leading development costs (~$545/ft DNC), seamless integration of Bedrock adding >100 MMcfe/d and ~1 TCFE proved reserves, and ~6 TCFE 1P reserves (NYMEX NPV10 $3.1B).
• Carbon capture momentum accelerated — a partnership with Copenhagen Infrastructure Partners for up to $500 million, Barnett Zero injected >311,000 metric tons, and BKV raised its near-term target to 1.5 million tons/year by 2028 with project-level economics around $48/ton EBITDA.
• Power business now has a 75% stake in 1.5 GW Temple plants, will consolidate BKV-BPP Power from Q1 2026, is targeting long-term PPAs in 2026–early 2027, and guides BKV-BPP Power EBITDA of $135–$175 million for 2026.
• 2026 capital plan balances growth and discipline — total growth CapEx $410–$560 million (including ~$135 million strategic power), net capex midpoint ~$324 million, with management expecting full-year net CapEx funded within cash flow and hedges covering ~60% of upstream production at $3.85/MMBtu and ~40% of ERCOT generation via HRCOs.

BKV Trading Up 3.4%

Shares of BKV stock traded up $1.01 on Friday, hitting $31.01. The stock had a trading volume of 441,773 shares, compared to its average volume of 671,163. The company has a current ratio of 0.85, a quick ratio of 0.83 and a debt-to-equity ratio of 0.27. BKV has a twelve month low of $15.00 and a twelve month high of $31.74. The company has a fifty day moving average price of $28.30 and a two-hundred day moving average price of $25.37. The firm has a market cap of $3.01 billion, a P/E ratio of 15.90 and a beta of 1.60.

Hedge Funds Weigh In On BKV

A number of large investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its holdings in BKV by 40.4% during the fourth quarter. Geode Capital Management LLC now owns 556,539 shares of the company’s stock worth $15,114,000 after purchasing an additional 160,171 shares during the last quarter. Cooper Creek Partners Management LLC grew its holdings in shares of BKV by 35.6% during the 3rd quarter. Cooper Creek Partners Management LLC now owns 461,657 shares of the company’s stock worth $10,678,000 after purchasing an additional 121,082 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey raised its position in BKV by 34.3% during the fourth quarter. Police & Firemen s Retirement System of New Jersey now owns 5,701 shares of the company’s stock valued at $155,000 after purchasing an additional 1,455 shares in the last quarter.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. KeyCorp reissued an “overweight” rating and set a $34.00 price objective on shares of BKV in a research report on Thursday, February 5th. Roth Mkm restated a “buy” rating and set a $32.00 price target on shares of BKV in a research note on Thursday, February 5th. Mizuho raised their price objective on BKV from $33.00 to $36.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Weiss Ratings reissued a “hold (c)” rating on shares of BKV in a report on Monday, December 29th. Finally, Barclays assumed coverage on BKV in a research note on Thursday, November 13th. They issued an “overweight” rating and a $32.00 target price for the company. Seven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, BKV presently has a consensus rating of “Moderate Buy” and an average price target of $31.86.

BKV declared that its Board of Directors has authorized a share repurchase program on Thursday, December 18th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the company to repurchase up to 3.9% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

BKV Company Profile

BKV Corporation engages in the acquisition, operation, and development of natural gas and NGL properties. It is also involved in the gathering, processing, and transportation of natural gas. The company was founded in 2015 and is based in Denver, Colorado with additional offices in Tunkhannock, Pennsylvania and Fort Worth, Texas. BKV Corporation, LLC operates as a subsidiary of Banpu North America Corporation.