BKV Corporation (BKV)
NYSE:BKV
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Earnings Data
Report Date
Aug 18, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.25Last Year’s EPS
0.39Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicates strong operational execution in upstream and accelerating commercial and technical progress in carbon capture and power. Key operational metrics (production, advanced completions uplift, CCUS milestones, hedging coverage, and liquidity) are favorable and point to near-term value creation. Offsetting risks include higher near-term strategic power capital, elevated reported power leverage after consolidation, modest current power EBITDA relative to planned investments, and execution/regulatory timing risks tied to PPAs, modular deployments and PUN approvals. On balance, the positives (robust upstream performance, scalable CCUS, clear power commercialization pipeline and solid liquidity/hedge positions) outweigh the challenges, but delivering on PPAs and project financing will be critical to realizing the projected growth outcomes.Company Guidance
Upstream Production at Upper End of Guidance
Q1 production ~925 MMcfe/day, trending toward the upper end of guidance (FY range 915–955 MMcfe/day); development capital ~ $82M in Q1 (slightly below guided midpoint).
Strong Cost and Completion Improvements
Base well D&C cost target ~$533 per lateral foot; advanced completions add ~ $22 per lateral foot and are delivering ~20% well performance uplift over the first 180 days (program applied to ~1/3 of Barnett wells since 2025).
Top-Performing Wells and POW Results
Two new wells in Q1 ranked among the top 15 Barnett wells in the past decade; 8 of the top 15 wells from the '25–'26 program. Positive offset well (POW) examples showed output doubling with no incremental capital (≈100% increase).
Production Mix and Low Decline Advantage
Liquids represent ~20% of Barnett production mix this quarter; management highlights lowest base decline vs. peers and incremental base uplift of >15 MMcf/day from optimization blitzes since early February with minimal capital.
Carbon Capture Commercialization Progress
Cotton Cove began commercial sequestration in April (forecast ~32,000 metric tons CO2/year); Eagle Ford CCUS expected to commence injection before end of Q2 (forecast ~90,000 t/year). Barnett Zero ran >99% uptime this quarter and sequestered ~35,800 t this quarter (total ~350,000 t to date).
Scaling CCUS Pipeline and Targets
Targeting 1.5 million tons per annum injection run rate by 2028; Louisiana Class VI permitting advancing for projects with 2 million tpa capacity each; test well drilling underway at High West.
Power Segment Momentum and Capacity Options
Power JV consolidated: Q1 generation ~2,000 GWh, capacity factor 62%, average power price $51/MWh, gross power JV adjusted EBITDA $20M (after $4M additional corporate G&A). Line of sight to potentially up to 1.4 GW incremental power (modular up to 200 MW secured, PUN up to ~750 MW, reserved 600 MW CCGT for Temple III and another 600 MW reserved for 2028).
Commercial Progress Toward PPAs and Customer Demand
Strong commercial discussions with data center/hyperscaler customers; management expects to sign a PPA within 2026 to early 2027 and has secured an incremental 6,200-acre site in North Central Texas for potential power expansion.
Financial Results and Balance Sheet Strength
Q1 net income $44M, adjusted EBITDAX attributable to BKV $112M, Q1 capex $119M. Net debt $962M and net leverage 2.1x (includes $562M net debt related to Power). Total liquidity ~$974M (cash + RBL capacity).
Hedging and Risk Management
Hedges in place: 67% of 2026 natural gas production hedged at $3.86/MMBtu avg; 56% of NGLs hedged at $24.56/bbl avg; nearly 500 MMcfe/day hedged for 2027 (>50% swapped at $4/MMBtu, rest collars). Power hedged: 700 MW for 2026.
BKV Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BKV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $29.85 | $28.95 | -3.02% |
Feb 25, 2026 | $29.71 | $30.00 | +0.98% |
Nov 17, 2025 | $27.95 | $28.02 | +0.25% |
Aug 12, 2025 | $20.06 | $21.45 | +6.93% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does BKV Corporation (BKV) report earnings?
BKV Corporation (BKV) is schdueled to report earning on Aug 18, 2026, Before Open (Confirmed).
What is BKV Corporation (BKV) earnings time?
BKV Corporation (BKV) earnings time is at Aug 18, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BKV EPS forecast?
BKV EPS forecast for the fiscal quarter 2026 (Q2) is 0.25.