BKV (NYSE:BKV) Releases Quarterly Earnings Results, Misses Estimates By $0.14 EPS

BKV (NYSE:BKV) issued its quarterly earnings data on Thursday. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.14), FiscalAI reports. The business had revenue of $432.85 million for the quarter, compared to the consensus estimate of $337.64 million. BKV had a net margin of 21.71% and a return on equity of 6.86%.

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

• Upstream outperformed expectations with production ~925 MMcfe/d toward the top of guidance, disciplined development capital (~$82M in Q1) and advanced completions delivering an approximate 20% 180‑day performance uplift.
• Carbon capture is scaling: Cotton Cove commenced commercial sequestration in April (~32k tCO2/yr), Barnett Zero ran >99% uptime and the company targets 1.5 Mtpa injection run rate by 2028 plus a CSG product planned with Gunvor in H2 2026.
• Power business consolidation and commercial momentum: consolidated power produced ~2,000 GWh (Power JV adj. EBITDA ~$20M) and management has line of sight to up to 1.4 GW incremental capacity via modular units (200 MW), a PUN (up to 750 MW) and a reserved 600 MW CCGT for Temple III.
• BKV is insourcing gas marketing/trading and expects to fully market its own volumes by mid‑2026, which management says should improve margins and enable integrated gas–power–CCUS commercial solutions.
• Strategic power growth increases near‑term capital and financing needs: 2026 power growth capex rose to $280–340M, total net BKV‑funded capex is now expected at $485–635M, and net leverage stands at 2.1x (including ~$562M of power‑related net debt), raising execution and financing risk.

BKV Price Performance

Shares of BKV stock traded down $1.04 on Friday, hitting $27.91. 1,193,698 shares of the stock traded hands, compared to its average volume of 908,508. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.78 and a quick ratio of 1.75. BKV has a 52 week low of $19.40 and a 52 week high of $32.81. The firm has a 50 day simple moving average of $29.05 and a two-hundred day simple moving average of $27.69. The firm has a market cap of $3.05 billion, a price-to-earnings ratio of 8.46 and a beta of 1.37.

Wall Street Analyst Weigh In

A number of brokerages recently commented on BKV. Citigroup reaffirmed a “buy” rating and issued a $36.00 target price on shares of BKV in a report on Tuesday, March 10th. Truist Financial started coverage on BKV in a research report on Tuesday, March 24th. They issued a “buy” rating and a $37.00 price target for the company. Roth Mkm reaffirmed a “buy” rating and issued a $32.00 price objective on shares of BKV in a research note on Thursday, February 5th. Wall Street Zen cut BKV from a “hold” rating to a “sell” rating in a research report on Saturday, April 25th. Finally, Jefferies Financial Group cut their price objective on BKV from $36.00 to $35.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $33.56.

Insider Buying and Selling at BKV

In other BKV news, CFO David Tameron sold 7,300 shares of the stock in a transaction on Friday, March 27th. The stock was sold at an average price of $29.71, for a total value of $216,883.00. Following the completion of the sale, the chief financial officer owned 61,925 shares in the company, valued at approximately $1,839,791.75. This represents a 10.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Eric S. Jacobsen sold 25,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $30.96, for a total value of $774,000.00. Following the sale, the insider directly owned 252,843 shares in the company, valued at approximately $7,828,019.28. This represents a 9.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.12% of the company’s stock.

Institutional Trading of BKV

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Police & Firemen s Retirement System of New Jersey lifted its holdings in BKV by 34.3% in the 4th quarter. Police & Firemen s Retirement System of New Jersey now owns 5,701 shares of the company’s stock worth $155,000 after purchasing an additional 1,455 shares in the last quarter. Cooper Creek Partners Management LLC grew its holdings in BKV by 35.6% during the 3rd quarter. Cooper Creek Partners Management LLC now owns 461,657 shares of the company’s stock valued at $10,678,000 after buying an additional 121,082 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in BKV by 40.4% during the 4th quarter. Geode Capital Management LLC now owns 556,539 shares of the company’s stock valued at $15,114,000 after buying an additional 160,171 shares in the last quarter.

About BKV

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.