Crude Petroleum & Natural Gas · SIC 1311

BKV Corp

BKV

Watch

Latest revenue

$379.7M

as of 2026-03-31

Latest net income

$44.1M

as of 2026-03-31

Net margin

11.6%

as of 2026-03-31

Price · 5Y

+31.3% / yr 17.6 pts / yr vs S&P 500 56.7% total
Compare:

Live market

delayed ≤15 min
$28.29
0.91%
Market cap
$3.09B
Enterprise value
$3.09B
P/E (trailing)
17.9×
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$32.81
52-wk low
$19.56
Beta
Shares out
109.4M

5-year trend

What this company does

AI

ITEM 1. BUSINESS Overview BKV Corporation (“BKV,” the “Company,” “our,” “we,” and “us”) is a forward-thinking, growth-driven energy company focused on creating long-term risk-adjusted stockholder value through the development of natural gas producing assets, the ownership and operation of natural gas-fired power generation assets, and selective accretive acquisitions. Our core businesses are the production of natural gas and the generation of natural gas-fired power from our owned and operated assets, supported by a closed-loop strategy enabled by our upstream, midstream, power, and CCUS businesses. Our operations are supported by four business lines: natural gas production, natural gas…

AI summary unavailable — showing raw filing excerpt

Generated from BKV's filing dated 2026-03-06

Key risks

AI

ITEM 1A. RISK FACTORS The following risk factors should be considered in evaluating our business and future prospects, in addition to other information included in this Annual Report on Form 10-K. Additional risk factors not presently known to us, or currently considered immaterial, may also have an adverse impact on our business, financial condition, and results of operations. If any of the events described below occur, our business, financial condition, or results from operations may suffer and the trading price of our common stock could be adversely affected. Risks Related to Our Upstream Business and Industry The volatility of natural gas and NGL prices due to factors beyond our control…

AI summary unavailable — showing raw filing excerpt

Generated from BKV's filing dated 2026-03-06

Profitability

Operating margin

24.0%

193.8%

Net margin

19.1%

180.9%

Return on equity

8.5%

192.7%

Return on assets

5.5%

186.4%

Leverage

Debt / equity

0.54×

24.3%

Long-term debt / equity

0.24×

125.7%

Debt / assets

34.9%

15.8%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$379.7M+64.4%$44.1M+156.0%11.6%

Q4 2025

2025-12-31

$261.7M+50.9%$149.0M+359.4%56.9%

Q3 2025

2025-09-30

$203.0M+47.3%$76.8M+497.2%37.9%

Q2 2025

2025-06-30

$209.8M+52.4%$25.9M+143.4%12.3%

Q1 2025

2025-03-31

$231.0M+48.5%$-78.7M-103.9%-34.1%

Q4 2024

2024-12-31

$173.4M$-57.5M-33.1%

Q3 2024

2024-09-30

$137.8M-24.3%$12.9M-30.7%9.3%

Q2 2024

2024-06-30

$137.7M$-59.7M-43.3%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Crude Petroleum & Natural Gas · SIC 1311

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Insider activity

Insider buying

$0

Insider selling

$16.8M

Net activity

−$16.8M

Distinct insiders

5

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-05-01

Eric S Jacobsen

President, Upstream

Sale25,000$30.96$773.9K
2026-03-27

David Tameron

Chief Financial Officer

Sale7,300$29.71$216.9K
2026-03-25

Christopher P Kalnin

Chief Executive Officer

Sale100,000$30.06$3.0M
2025-11-17

Christopher P Kalnin

Chief Executive Officer

Sale78,281$28.04$2.2M
2025-11-14

Christopher P Kalnin

Chief Executive Officer

Sale21,719$28.00$608.2K
2025-11-11

Christopher P Kalnin

Chief Executive Officer

Sale100,000$27.13$2.7M
2025-11-10

Christopher P Kalnin

Chief Executive Officer

Sale100,000$26.16$2.6M
2025-11-06

Lindsay B Larrick

Chief Legal and Admin Officer

Sale6,518$25.00$162.9K
2025-11-05

Lindsay B Larrick

Chief Legal and Admin Officer

Sale22,669$25.00$566.7K
2025-11-03

Lindsay B Larrick

Chief Legal and Admin Officer

Sale10,000$23.37$233.7K
2025-10-01

Lindsay B Larrick

Chief Legal and Admin Officer

Sale14,775$23.19$342.6K
2025-10-01

Lindsay B Larrick

Chief Legal and Admin Officer

Sale225$23.72$5.3K
2025-09-02

Lindsay B Larrick

Chief Legal and Admin Officer

Sale9,187$23.18$213.0K
2025-08-12

Lindsay B Larrick

Chief Legal and Admin Officer

Sale10,000$21.62$216.2K
2025-07-01

Lindsay B Larrick

Chief Legal and Admin Officer

Sale10,000$23.13$231.3K
2025-07-01

David Tameron

Chief Financial Officer

Sale100$23.70$2.4K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns BKV

Institutional value

$420.5M

Total shares held

14.8M

Distinct holders

80

-70 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1Boston Partners2.2M$62.9M+140.6K (+6.8%)Added
2BlackRock, Inc.2.1M$59.3M+352.6K (+20.4%)Added
3VANGUARD CAPITAL MANAGEMENT LLC1.5M$41.9MNew
4UBS Group AG1.4M$40.6M+627.3K (+78.8%)Added
5Walleye Capital LLC1.3M$37.6M+884.8K (+204.2%)Added
6WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC1.2M$32.9M+52.4K (+4.8%)Added
7DIMENSIONAL FUND ADVISORS LP654.1K$18.7M+470.5K (+256.2%)Added
8Bank of New York Mellon Corp544.9K$15.5M+62.5K (+13.0%)Added
9Russell Investments Group, Ltd.517.4K$14.8M+81.2K (+18.6%)Added
10FIRST TRUST ADVISORS LP433.3K$12.4M+211.7K (+95.6%)Added
11VANGUARD PORTFOLIO MANAGEMENT LLC382.9K$10.9MNew
12Nuveen, LLC354.0K$10.1M-102.4K (-22.4%)Trimmed
13DEUTSCHE BANK AG\232.7K$6.6M+221.7K (+2019.7%)Added
14SAPIENT CAPITAL LLC230.2K$6.6M+221.5K (+2541.5%)Added
15VANGUARD FIDUCIARY TRUST CO229.4K$6.5MNew
16CenterBook Partners LP202.3K$5.8MNew
17SEVEN GRAND MANAGERS, LLC200.0K$5.7M+150.0K (+300.0%)Added
18PRUDENTIAL FINANCIAL INC135.2K$3.9M+29.8K (+28.3%)Added
19Oxbow Advisors, LLC130.1K$3.7MNew
20CITIGROUP INC90.2K$2.6M+76.2K (+541.1%)Added

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once BKV's latest filing finishes processing.