BKVNYSECrude Petroleum & Natural GasFiscal year ends December 31
BKV Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-K/A on Aug 19, 2026
$22.68−0.25 (-1.09%)
Close on Oct 19, 2026
- Market cap
- $2.49B
- P/E (TTM)
- 8.1
- Dividend yield
- –
BKV Corp revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | % of revenue | YoY |
|---|---|---|---|---|---|---|
| BKV-BPP Power, LLC | – | $459.88M | $326.60M | – | – | – |
| BKV Upstream Midstream, LLC | – | $553.21M | $967.18M | – | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | YoY |
|---|---|---|---|---|---|
| BKV Upstream Midstream, LLC | $274.83M | -$128.74M | $193.88M | – | -313.5% |
| BKV-BPP Power, LLC | $68.56M | $84.68M | $78.09M | – | -19.0% |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | % of revenue | YoY |
|---|---|---|---|---|---|---|
| Natural gas, NGL, and oil sales | $857.60M | $557.57M | $706.15M | $1.63B | 75.2% | +53.8% |
| Natural gas | $675.08M | $385.46M | $509.85M | $1.31B | 59.2% | +75.1% |
| Merchant energy sales and other | $288.98M | $234.48M | $413.92M | – | 25.3% | +23.2% |
| BKV-BPP Power, LLC | $248.75M | $218.27M | $274.62M | – | 21.8% | +14.0% |
| Power revenues | $248.75M | $218.27M | $274.62M | – | 21.8% | +14.0% |
| NGLs | $173.06M | $165.51M | $187.86M | $311.54M | 15.2% | +4.6% |
| Energy retail sales | $154.65M | $135.65M | $40.26M | – | 13.6% | +14.0% |
| Related party and other | $13.42M | $23.73M | $8.25M | $2.80M | 1.2% | -43.4% |
| Other | $11.66M | $6.63M | $3.96M | $117.00K | 1.0% | +75.9% |
| Midstream revenues | $10.46M | $12.56M | $16.17M | $12.68M | 0.9% | -16.8% |
| Oil | $9.46M | $6.61M | $8.45M | $11.87M | 0.8% | +43.2% |
| Related party revenues | $1.76M | $3.08M | $3.59M | – | 0.2% | -42.9% |
| Solar revenue | $398.00K | $128.00K | – | – | 0.0% | +210.9% |
| Marketing revenues | $0 | $0 | $0 | $11.00M | 0.0% | – |
| Section 45Q tax credits | $0 | $0 | $0 | – | 0.0% | – |
| Physical power purchased | -$195.28M | -$151.99M | -$179.55M | – | -17.1% | +28.5% |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | % of revenue | YoY |
|---|---|---|---|---|---|---|
| TX | $1.07B | $764.89M | $947.30M | $1.41B | 94.1% | +40.3% |
| Panama | $67.67M | $40.81M | $62.31M | $252.05M | 5.9% | +65.8% |
From the segment and revenue-disaggregation notes of BKV's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.