About BKV Corporation
https://bkv.comBKV 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.

CEO
Christopher Pungya Kalnin
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 96
Ratings Snapshot
Rating : B-
Most Recent Analyst Grades

Truist Securities
Buy

Mizuho
Outperform

Evercore ISI Group
Outperform

Susquehanna
Positive

Keybanc
Overweight

Barclays
Overweight
Grade Summary
Showing Top 6 of 6
Price Target
Institutional Ownership

GOLDMAN SACHS GROUP INC
Shares:2.34M
Value:$60.08M

BOSTON PARTNERS
Shares:1.66M
Value:$42.69M

BLACKROCK, INC.
Shares:1.28M
Value:$32.91M
Summary
Showing Top 3 of 108
About BKV Corporation
https://bkv.comBKV 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.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $202.97M ▼ | $47.3M ▲ | $76.31M ▼ | 37.6% ▼ | $0.9 ▼ | $163M ▼ |
| Q2-2025 | $204.26M ▼ | $37.82M ▼ | $104.57M ▲ | 51.19% ▲ | $1.23 ▲ | $176.23M ▲ |
| Q1-2025 | $225.81M ▲ | $279.54M ▲ | $-78.67M ▼ | -34.84% ▼ | $-0.93 ▼ | $-62.74M ▼ |
| Q4-2024 | $174.26M ▲ | $181.84M ▲ | $-57.46M ▼ | -32.97% ▼ | $-0.84 ▼ | $-17.07M ▼ |
| Q3-2024 | $137.78M | $101.4M | $12.87M | 9.34% | $0.19 | $92.16M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $83.11M ▲ | $2.89B ▲ | $1.09B ▲ | $1.79B ▲ |
| Q2-2025 | $21.43M ▲ | $2.3B ▲ | $716.37M ▼ | $1.59B ▲ |
| Q1-2025 | $15.3M ▲ | $2.25B ▲ | $769.21M ▲ | $1.48B ▼ |
| Q4-2024 | $14.87M ▼ | $2.23B ▼ | $671.51M ▲ | $1.56B ▼ |
| Q3-2024 | $31.32M | $2.27B | $668.33M | $1.6B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $77.71M ▼ | $74.53M ▼ | $-305.39M ▼ | $292.54M ▲ | $61.69M ▲ | $-18.27M ▼ |
| Q2-2025 | $104.73M ▲ | $76.16M ▲ | $-73.65M ▼ | $3.61M ▼ | $6.13M ▲ | $2.37M ▲ |
| Q1-2025 | $-78.67M ▼ | $22.62M ▼ | $-56.01M ▼ | $33.82M ▲ | $431K ▲ | $-34.75M ▼ |
| Q4-2024 | $-57.46M ▼ | $43.76M ▼ | $-44.56M ▼ | $-15.65M ▲ | $-16.45M ▼ | $-4.38M ▼ |
| Q3-2024 | $12.87M | $64.99M | $-21M | $-21.87M | $22.12M | $43.83M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Marketing | $10.00M ▲ | $10.00M ▲ | $0 ▼ | $0 ▲ |
Natural Gas Midstream | $10.00M ▲ | $0 ▼ | $0 ▲ | $0 ▲ |
Natural Gas NGL And Oil | $430.00M ▲ | $220.00M ▼ | $200.00M ▼ | $190.00M ▼ |
Other Revenue | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Related Party Revenues | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Natural Gas | $300.00M ▲ | $0 ▼ | $0 ▲ | $0 ▲ |
Oil | $10.00M ▲ | $0 ▼ | $0 ▲ | $0 ▲ |
Revenue by Geography
| Region | Q4-2024 | Q2-2025 | Q3-2025 | Q1-2025 |
|---|---|---|---|---|
PENNSYLVANIA | $40.00M ▲ | $20.00M ▼ | $10.00M ▼ | $20.00M ▲ |
TEXAS | $430.00M ▲ | $190.00M ▼ | $190.00M ▲ | $210.00M ▲ |

CEO
Christopher Pungya Kalnin
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 96
Ratings Snapshot
Rating : B-
Most Recent Analyst Grades

Truist Securities
Buy

Mizuho
Outperform

Evercore ISI Group
Outperform

Susquehanna
Positive

Keybanc
Overweight

Barclays
Overweight
Grade Summary
Showing Top 6 of 6
Price Target
Institutional Ownership

GOLDMAN SACHS GROUP INC
Shares:2.34M
Value:$60.08M

BOSTON PARTNERS
Shares:1.66M
Value:$42.69M

BLACKROCK, INC.
Shares:1.28M
Value:$32.91M
Summary
Showing Top 3 of 108




