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BK

BKV Corporation

BKVEnergyNASDAQ

Oil & Gas E&P · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$893.8M
+51.4% YoY
Net Income
$173.1M
+221.2% YoY
EBITDA
$397.9M
+384.1% YoY
Free Cash Flow
-$522.7M

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About BKV Corporation

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. With a market capitalization of $2.93B, it sits in mid-cap territory. It is also involved in the gathering, processing, and transportation of natural gas; power generation; and carbon capture, utilization, and sequestration activities.

Key stats
Market Cap$2.93B
P/E (TTM)7.94
Fwd P/E12.17
EPS$3.37
52W Change+21.6%
ROE16.6%
Analysis

BKV Corporation carries $1.28B in total debt against $288.5M in cash reserves — debt is roughly 4.4x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$522.7M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at 16.6%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 8.5% suggests reasonable efficiency in deploying the company's asset base. Revenue has pulled back from $1.66B (2022) to $893.8M (2025), a 46% decline worth watching.

The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. No single metric tells the full story. Reviewing BKV's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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