BKV (NYSE:BKV) Releases Earnings Results, Misses Expectations By $0.08 EPS

BKV (NYSE:BKV) issued its earnings results on Wednesday. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.08), FiscalAI reports. BKV had a net margin of 5.67% and a return on equity of 6.91%. The company had revenue of $259.91 million for the quarter, compared to analysts’ expectations of $268.05 million.

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

• BKV delivered a strong 2025 — adjusted EBITDA $390 million for the year, adjusted net income $122 million, generated positive free cash flow after CapEx, and finished with $199 million cash, $984 million total liquidity and a 0.9x net leverage.
• Upstream outperformed guidance with ~8% exit-to-exit organic production growth, peer-leading development costs (~$545/ft DNC), seamless integration of Bedrock adding >100 MMcfe/d and ~1 TCFE proved reserves, and ~6 TCFE 1P reserves (NYMEX NPV10 $3.1B).
• Carbon capture momentum accelerated — a partnership with Copenhagen Infrastructure Partners for up to $500 million, Barnett Zero injected >311,000 metric tons, and BKV raised its near-term target to 1.5 million tons/year by 2028 with project-level economics around $48/ton EBITDA.
• Power business now has a 75% stake in 1.5 GW Temple plants, will consolidate BKV-BPP Power from Q1 2026, is targeting long-term PPAs in 2026–early 2027, and guides BKV-BPP Power EBITDA of $135–$175 million for 2026.
• 2026 capital plan balances growth and discipline — total growth CapEx $410–$560 million (including ~$135 million strategic power), net capex midpoint ~$324 million, with management expecting full-year net CapEx funded within cash flow and hedges covering ~60% of upstream production at $3.85/MMBtu and ~40% of ERCOT generation via HRCOs.

BKV Stock Up 0.9%

Shares of NYSE:BKV opened at $29.98 on Thursday. The firm has a market capitalization of $2.91 billion, a P/E ratio of 57.65 and a beta of 1.60. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.83 and a current ratio of 0.85. The stock has a 50 day moving average price of $28.22 and a 200-day moving average price of $25.33. BKV has a 52-week low of $15.00 and a 52-week high of $31.74.

Analyst Upgrades and Downgrades

BKV has been the topic of several recent analyst reports. Roth Mkm restated a “buy” rating and issued a $32.00 target price on shares of BKV in a report on Thursday, February 5th. Weiss Ratings restated a “hold (c)” rating on shares of BKV in a research report on Monday, December 29th. Mizuho increased their target price on shares of BKV from $33.00 to $36.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. KeyCorp restated an “overweight” rating and set a $34.00 price target on shares of BKV in a report on Thursday, February 5th. Finally, Barclays started coverage on BKV in a research report on Thursday, November 13th. They set an “overweight” rating and a $32.00 price target for the company. Seven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, BKV has a consensus rating of “Moderate Buy” and a consensus price target of $31.86.

Key BKV News

Here are the key news stories impacting BKV this week:

• Positive Sentiment: BKV outlined an ambitious CCUS target of 1.5 million tons injected by 2028 and said it is expanding power investments — a strategic growth / ESG initiative that can drive longer‑term revenue and investor interest. BKV outlines 1.5M ton CCUS injection target by 2028 while expanding power investments
• Positive Sentiment: An analyst at Siebert Williams Shank reiterated a Buy rating on BKV, citing attractive core valuation and operational strengths that could outweigh near‑term volatility — this supports investor demand. Maintaining a Buy on BKV: Attractive Core Valuation and Operations Outweigh Near-Term Volatility Risks
• Neutral Sentiment: BKV published its full fourth‑quarter and full‑year 2025 results and set its 2026 outlook; management’s guidance and slide deck are available for investor review — the details will drive forward guidance risk/reward. BKV Corporation Reports Fourth Quarter and Full Year 2025 Results
• Neutral Sentiment: Full earnings call transcripts are available (multiple outlets), giving investors access to management commentary on operations, outlook and capital allocation decisions. BKV Corporation (BKV) Q4 2025 Earnings Call Transcript
• Negative Sentiment: BKV missed consensus Q4 estimates: adjusted EPS $0.29 vs. $0.37 expected and revenue $259.9M vs. $268.0M consensus — a clear short‑term catalyst for downside pressure until guidance or execution improves. BKV (BKV) Misses Q4 Earnings Estimates

BKV declared that its Board of Directors has initiated a stock repurchase program on Thursday, December 18th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to buy up to 3.9% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its shares are undervalued.

Hedge Funds Weigh In On BKV

A number of institutional investors have recently added to or reduced their stakes in the company. Police & Firemen s Retirement System of New Jersey boosted its holdings in shares of BKV by 34.3% during the 4th quarter. Police & Firemen s Retirement System of New Jersey now owns 5,701 shares of the company’s stock valued at $155,000 after buying an additional 1,455 shares in the last quarter. Cooper Creek Partners Management LLC lifted its position 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 acquiring an additional 121,082 shares during the period. Finally, Geode Capital Management LLC lifted its position 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 acquiring an additional 160,171 shares during the period.

BKV Company Profile

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.