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BKV Corp (BKV) Fundamental Analysis & AI Grade 2026

BKV NYSE Crude Petroleum & Natural Gas DE CIK: 0001838406
Update Pending • Analysis: May 9, 2026 • SEC Data: 2026-03-31
Combined AI Grade
A
75% Confidence
AGREEMENT
B
72% Conf
A
78% Conf

📊 BKV Key Takeaways

Revenue: $376.5M
Net Margin: 11.7%
Free Cash Flow: $-34.5M
Current Ratio: 1.31x
Debt/Equity: 0.57x
EPS: $0.42
AI Grade: B with 72% confidence
BKV Corp (BKV) receives a A fundamental grade with 75% confidence from our AI analysis based on SEC 10-K filings. With revenue of $376.5M, net profit margin of 11.7%, and return on equity (ROE) of 2.0%, BKV Corp demonstrates strong fundamentals in the Energy sector. Below is our complete BKV stock analysis for 2026.

Is BKV Corp (BKV) a Good Investment?

Claude

BKV demonstrates strong revenue growth (+47.8% YoY) with healthy operating margins (22.8%), but concerning fundamental weaknesses undermine investment appeal. The company exhibits negative free cash flow (-$34.5M) despite GAAP profitability, coupled with severely depressed returns on equity (2%) and assets (1.1%), indicating capital is not generating shareholder value.

ChatGPT

BKV shows strong top-line growth, healthy operating and net margins, and a conservatively levered balance sheet with solid liquidity, which supports overall financial resilience. The main constraint on the story is growth quality: operating cash flow is positive, but heavy capital spending pushed free cash flow negative, so sustaining earnings strength will depend on disciplined capex and continued cash conversion.

BKV Corp Key Strengths (BKV)

Claude
  • + Strong revenue growth of 47.8% YoY demonstrates market demand and production capacity
  • + Healthy operating margin of 22.8% reflects operational efficiency in energy sector
  • + Moderate leverage at 0.57x debt-to-equity with adequate liquidity (1.31x current ratio)
ChatGPT
  • + Revenue grew 47.8% year over year while maintaining strong 24.3% operating margin and 19.4% net margin
  • + Balance sheet is healthy with low debt-to-equity of 0.24x, $199.41M in cash, and strong liquidity ratios near 1.8x
  • + Operating cash flow of $242.71M and positive profitability indicate the core business is generating meaningful earnings and cash before reinvestment

BKV Stock Risks: BKV Corp Investment Risks

Claude
  • ! Critical: Negative free cash flow of -$34.5M despite positive net income signals unsustainable capital structure and cash burn
  • ! Severe deterioration in profit growth (+0.8% net income) versus revenue growth (+47.8%) indicates margin compression and rising costs
  • ! Extremely poor return metrics (ROE 2.0%, ROA 1.1%) demonstrate capital allocation is destroying shareholder value despite operational profitability
ChatGPT
  • ! Free cash flow was negative at -$57.46M because capital expenditures exceeded operating cash flow
  • ! Net income growth was only 0.8% despite strong revenue growth, which may indicate margin sensitivity or earnings volatility
  • ! Business fundamentals remain exposed to capital intensity and commodity-driven operating swings typical of oil and gas producers

Key Metrics to Watch

Claude
  • * Free cash flow trajectory and CapEx sustainability relative to operating cash flow
  • * Net margin expansion/contraction trends to assess whether revenue growth improves profitability
  • * Return on equity improvement plans given current 2% ROE is insufficient for equity risk
ChatGPT
  • * Free cash flow improvement through lower capex intensity or higher operating cash flow
  • * Net income and operating margin durability as revenue growth normalizes

BKV Corp (BKV) Financial Metrics & Key Ratios

Revenue
$376.5M
Net Income
$44.1M
EPS (Diluted)
$0.42
Free Cash Flow
$-34.5M
Total Assets
$4.2B
Cash Position
$288.5M

💡 AI Analyst Insight

BKV Corp presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

BKV Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 22.8%
Net Margin 11.7%
ROE 2.0%
ROA 1.1%
FCF Margin -9.2%

BKV vs Energy Sector: How BKV Corp Compares

How BKV Corp compares to Energy sector averages

Net Margin
BKV 11.7%
vs
Sector Avg 12.0%
BKV Sector
ROE
BKV 2.0%
vs
Sector Avg 14.0%
BKV Sector
Current Ratio
BKV 1.3x
vs
Sector Avg 1.3x
BKV Sector
Debt/Equity
BKV 0.6x
vs
Sector Avg 0.6x
BKV Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is BKV Corp Stock Overvalued? BKV Valuation Analysis 2026

Based on fundamental analysis, BKV Corp has mixed fundamental signals relative to the Energy sector in 2026.

Return on Equity
2.0%
Sector avg: 14%
Net Profit Margin
11.7%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.57x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

BKV Corp Balance Sheet: BKV Debt, Cash & Liquidity

Current Ratio
1.31x
Quick Ratio
1.27x
Debt/Equity
0.57x
Debt/Assets
44.6%
Interest Coverage
N/A
Long-term Debt
$1.3B

BKV Revenue & Earnings Growth: 5-Year Financial Trend

BKV 5-year financial data: Year 2024: Revenue $1.7B, Net Income $410.1M, EPS $6.62. Year 2025: Revenue $893.8M, Net Income $116.9M, EPS $1.82.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: BKV Corp's revenue has declined by 46% over the 5-year period, indicating business contraction. The most recent EPS of $1.82 reflects profitable operations.

BKV Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-9.2%
Free cash flow / Revenue

BKV Quarterly Earnings & Performance

Quarterly financial performance data for BKV Corp including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $272.5M $44.1M $0.42
Q3 2025 $133.5M $12.9M $0.18
Q2 2025 $134.0M $25.9M $0.30
Q1 2025 $155.6M -$38.6M $-0.58
Q3 2024 $137.8M $12.9M $0.18

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

BKV Corp Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$72.0M
Cash generated from operations
Capital Expenditures
$106.5M
Investment in assets
Dividends
None
No dividend program

BKV SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for BKV Corp (CIK: 0001838406)

📋 Recent SEC Filings

Date Form Document Action
Jun 1, 2026 4 xslF345X06/wk-form4_1780338207.xml View →
May 22, 2026 8-K tm2615499d1_8k.htm View →
May 14, 2026 4 xslF345X06/wk-form4_1778773165.xml View →
May 13, 2026 4 xslF345X06/wk-form4_1778694679.xml View →
May 7, 2026 10-Q bkv-20260331.htm View →

Frequently Asked Questions about BKV

What is the AI rating for BKV?

BKV Corp (BKV) has a Combined AI Grade of A from Claude (B) and ChatGPT (A) with 75% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BKV's key strengths?

Claude: Strong revenue growth of 47.8% YoY demonstrates market demand and production capacity. Healthy operating margin of 22.8% reflects operational efficiency in energy sector. ChatGPT: Revenue grew 47.8% year over year while maintaining strong 24.3% operating margin and 19.4% net margin. Balance sheet is healthy with low debt-to-equity of 0.24x, $199.41M in cash, and strong liquidity ratios near 1.8x.

What are the risks of investing in BKV?

Claude: Critical: Negative free cash flow of -$34.5M despite positive net income signals unsustainable capital structure and cash burn. Severe deterioration in profit growth (+0.8% net income) versus revenue growth (+47.8%) indicates margin compression and rising costs. ChatGPT: Free cash flow was negative at -$57.46M because capital expenditures exceeded operating cash flow. Net income growth was only 0.8% despite strong revenue growth, which may indicate margin sensitivity or earnings volatility.

What is BKV's revenue and growth?

BKV Corp reported revenue of $376.5M.

Does BKV pay dividends?

BKV Corp does not currently pay dividends.

Where can I find BKV SEC filings?

Official SEC filings for BKV Corp (CIK: 0001838406) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BKV's EPS?

BKV Corp has a diluted EPS of $0.42.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is BKV's fundamental grade?

Based on our AI fundamental analysis in June 2026, BKV Corp has a A grade with 75% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is BKV stock overvalued or undervalued?

Valuation metrics for BKV: ROE of 2.0% (sector avg: 14%), net margin of 11.7% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is BKV's AI grade for 2026?

Our dual AI analysis gives BKV Corp a combined A grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is BKV's free cash flow?

BKV Corp's operating cash flow is $72.0M, with capital expenditures of $106.5M. FCF margin is -9.2%.

How does BKV compare to other Energy stocks?

Vs Energy sector averages: Net margin 11.7% (avg: 12%), ROE 2.0% (avg: 14%), current ratio 1.31 (avg: 1.3).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 9, 2026 | Data as of: 2026-03-31 | Powered by Claude AI