(BKV) BKV - Overview

Sector: Energy | Industry: Oil & Gas E&P | Exchange: NYSE (USA) | Market Cap: 3.147m USD | Total Return: 30.1% in 12m

Natural Gas, Electricity, Carbon Sequestration, Midstream Services
Total Rating 37
Safety 59
Buy Signal -1.07
Oil & Gas E&P
Industry Rotation: +31.3
Market Cap: 3.15B
Avg Turnover: 22.8M
Risk 3d forecast
Volatility45.3%
VaR 5th Pctl7.65%
VaR vs Median2.51%
Reward TTM
Sharpe Ratio0.73
Rel. Str. IBD52.4
Rel. Str. Peer Group25
Character TTM
Beta1.285
Beta Downside1.184
Hurst Exponent0.535
Drawdowns 3y
Max DD39.98%
CAGR/Max DD0.79
CAGR/Mean DD2.83
EPS (Earnings per Share) EPS (Earnings per Share) of BKV over the last years for every Quarter: "2021-09": null, "2021-12": null, "2022-03": null, "2022-06": null, "2022-09": null, "2022-12": null, "2023-03": null, "2023-06": null, "2023-09": null, "2023-12": null, "2024-03": null, "2024-06": -0.9, "2024-09": -0.27, "2024-12": 0.01, "2025-03": 0.41, "2025-06": 0.39, "2025-09": 0.5, "2025-12": 0.29, "2026-03": 0.22,
Last SUE: -0.36
Qual. Beats: 0
Revenue Revenue of BKV over the last years for every Quarter: 2021-09: 229.536, 2021-12: 630.873, 2022-03: 279.134, 2022-06: 387.297, 2022-09: 573.323, 2022-12: 420.465, 2023-03: 218.736, 2023-06: 150.645, 2023-09: 182.071, 2023-12: 187.828, 2024-03: 154.893, 2024-06: 137.6, 2024-09: 137.779, 2024-12: 174.258, 2025-03: 225.808, 2025-06: 204.265, 2025-09: 197.114, 2025-12: 241.066, 2026-03: 379.738,
Rev. CAGR: -4.26%
Rev. Trend: -16.3%
Last SUE: 1.38
Qual. Beats: 1

Warnings

Share dilution 20.8% YoY

Choppy Below Avwap Earnings

Tailwinds

No distinct edge detected

Description: BKV BKV

BKV Corporation is a Denver-based energy firm focused on the production and sale of natural gas from the Barnett Shale in Texas and the Marcellus Shale in Pennsylvania. The company operates an integrated business model that spans upstream extraction, midstream gathering and processing, and power generation. Additionally, BKV is actively developing carbon capture, utilization, and sequestration (CCUS) infrastructure to mitigate its environmental footprint.

The natural gas sector is increasingly prioritizing vertical integration to capture margins across the entire value chain, from the wellhead to electricity generation. BKV’s presence in the Marcellus Shale places it in one of the most prolific gas-producing regions in North America, where low break-even costs are a primary competitive driver. For a deeper look into these operational metrics, investors can use ValueRay to compare BKV against its industry peers.

Headlines to Watch Out For
  • Natural gas price volatility in Barnett and Marcellus Shales impacts core revenue
  • Expansion of carbon capture and sequestration initiatives drives long-term valuation growth
  • Vertical integration of power generation and midstream assets stabilizes operational margins
  • Regulatory changes in Pennsylvania and Texas affect drilling permits and production costs
  • High debt levels and capital expenditure requirements influence free cash flow performance
Piotroski VR-10 (Strict) 4.5
Net Income: 295.9m TTM > 0 and > 6% of Revenue
FCF/TA: -0.05 > 0.02 and ΔFCF/TA -4.03 > 1.0
NWC/Revenue: 13.25% < 20% (prev -21.98%; Δ 35.23% < -1%)
CFO/TA 0.07 > 3% & CFO 292.1m > Net Income 295.9m
Net Debt (977.2m) to EBITDA (547.7m): 1.78 < 3
Current Ratio: 1.31 > 1.5 & < 3
Outstanding Shares: last quarter (102.3m) vs 12m ago 20.78% < -2%
Gross Margin: 47.16% > 18% (prev 0.70%; Δ 4.65k% > 0.5%)
Asset Turnover: 31.83% > 50% (prev 30.01%; Δ 1.82% > 0%)
Interest Coverage Ratio: 7.39 > 6 (EBITDA TTM 547.7m / Interest Expense TTM 50.7m)
Altman Z'' 1.47
A: 0.03 (Total Current Assets 568.0m - Total Current Liabilities 432.6m) / Total Assets 4.17b
B: 0.08 (Retained Earnings 352.4m / Total Assets 4.17b)
C: 0.12 (EBIT TTM 374.6m / Avg Total Assets 3.21b)
D: 0.19 (Book Value of Equity 354.1m / Total Liabilities 1.86b)
Altman-Z'' = 1.47 = BB
Beneish M -2.24
DSRI: 1.39 (Receivables 153.0m/73.0m, Revenue 1.02b/675.4m)
GMI: 1.48 (GM 47.16% / 69.60%)
AQI: 0.45 (AQ_t 0.03 / AQ_t-1 0.07)
SGI: 1.51 (Revenue 1.02b / 675.4m)
TATA: 0.00 (NI 295.9m - CFO 292.1m) / TA 4.17b)
Beneish M = -2.24 (Cap -4..+1) = BBB
What is the price of BKV shares?

As of May 24, 2026, the stock is trading at USD 28.29 with a total of 400,323 shares traded.
Over the past week, the price has changed by -0.77%, over one month by +0.71%, over three months by -4.75% and over the past year by +30.13%.

Is BKV a buy, sell or hold?

BKV has received a consensus analysts rating of 4.88. Therefore, it is recommended to buy BKV.

  • StrongBuy: 7
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the BKV price?
Analysts Target Price 35.5 25.3%
BKV (BKV) - Fundamental Data Overview as of 20 May 2026
P/E Trailing = 8.5371
P/E Forward = 17.0648
P/S = 3.1492
P/B = 1.3745
Revenue TTM = 1.02b USD
EBIT TTM = 374.6m USD
EBITDA TTM = 547.7m USD
Long Term Debt = 486.8m USD (from longTermDebt, last fiscal year)
Short Term Debt = 185.4m USD (from shortTermDebt, last quarter)
Debt = 1.28b USD (from shortLongTermDebtTotal, last quarter) + Leases 15.4m
Net Debt = 977.2m USD (calculated: Debt 1.28b - CCE 304.5m)
Enterprise Value = 4.12b USD (3.15b + Debt 1.28b - CCE 304.5m)
Interest Coverage Ratio = 7.39 (Ebit TTM 374.6m / Interest Expense TTM 50.7m)
EV/FCF = -20.76x (Enterprise Value 4.12b / FCF TTM -198.7m)
FCF Yield = -4.82% (FCF TTM -198.7m / Enterprise Value 4.12b)
FCF Margin = -19.44% (FCF TTM -198.7m / Revenue TTM 1.02b)
Net Margin = 28.95% (Net Income TTM 295.9m / Revenue TTM 1.02b)
Gross Margin = 47.16% ((Revenue TTM 1.02b - Cost of Revenue TTM 540.1m) / Revenue TTM)
Gross Margin QoQ = 23.59% (prev 27.82%)
Tobins Q-Ratio = 0.99 (Enterprise Value 4.12b / Total Assets 4.17b)
Interest Expense / Debt = 3.96% (Interest Expense 50.7m / Debt 1.28b)
Taxrate = 18.11% (11.5m / 63.3m)
NOPAT = 306.8m (EBIT 374.6m * (1 - 18.11%))
Current Ratio = 1.31 (Total Current Assets 568.0m / Total Current Liabilities 432.6m)
Debt / Equity = 0.58 (Debt 1.28b / totalStockholderEquity, last quarter 2.21b)
Debt / EBITDA = 1.78 (Net Debt 977.2m / EBITDA 547.7m)
 Debt / FCF = -4.92 (negative FCF - burning cash) (Net Debt 977.2m / FCF TTM -198.7m)
 Total Stockholder Equity = 1.91b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.21% (Net Income 295.9m / Total Assets 4.17b)
RoE = 15.50% (Net Income TTM 295.9m / Total Stockholder Equity 1.91b)
RoCE = 15.64% (EBIT 374.6m / Capital Employed (Equity 1.91b + L.T.Debt 486.8m))
RoIC = 8.03% (NOPAT 306.8m / Invested Capital 3.82b)
WACC = 8.40% (E(3.15b)/V(4.43b) * Re(10.50%) + D(1.28b)/V(4.43b) * Rd(3.96%) * (1-Tc(0.18)))
Discount Rate = 10.50% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 67.51 | Cagr: 9.08%
 [DCF] Fair Price = unknown (Cash Flow -198.7m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.36 | # QB: 0
Revenue Correlation: -16.30 | Revenue CAGR: -4.26% | SUE: 1.38 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.24 | Chg30d=-25.28% | Revisions=-33% | Analysts=9
EPS next Quarter (2026-09-30): EPS=0.69 | Chg30d=-8.27% | Revisions=-33% | Analysts=7
EPS current Year (2026-12-31): EPS=1.53 | Chg30d=-20.42% | Revisions=-33% | GrowthEPS=+9.5% | GrowthRev=+65.0%
EPS next Year (2027-12-31): EPS=2.19 | Chg30d=-6.99% | Revisions=-33% | GrowthEPS=+42.9% | GrowthRev=-6.1%
[Analyst] Revisions Ratio: -33%