BKV (BKV)
Produces U.S. natural gas with integrated midstream, ERCOT power and carbon storage.
Something off on this page? Send us feedback.
Produces and sells natural gas from the Barnett Shale and northeastern Pennsylvania, supported by owned midstream systems, gas-fired generation and retail electricity in ERCOT, and carbon sequestration projects. The Barnett supplies most upstream output, while Banpu retains majority voting control.
Produces natural gas and natural gas liquids in Texas's Barnett Shale and northeastern Pennsylvania, with the Barnett supplying most upstream output. Owned gathering, compression, processing and transportation systems connect part of that production to market.
Generates and sells electricity through a controlled venture whose Temple I and Temple II gas-fired plants and retail arm serve Texas's ERCOT market. Its carbon capture, utilization and sequestration business stores captured carbon dioxide underground, generating sequestration tax credits and pursuing service fees.
Uses data analytics, refracturing and advanced completions across low-decline Barnett assets. Results remain tied to natural-gas and electricity prices, pipeline access, carbon-storage permits and incentives. Banpu retains majority voting control, and the power business operates within ERCOT's regulated market.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 15, 2026 | Barclays | Reiterate | Rating: —Target: $36 | Target: $35 |
| Sep 15, 2026 | Raymond James | Target | Target: — | Target: $29 |
| Aug 11, 2026 | Barclays | Reiterate | Rating: —Target: — | Target: $36 |
| Aug 10, 2026 | Truist Financial | Target | Target: $34 | Target: $33 |
| Jul 21, 2026 | Susquehanna | Reiterate | Rating: —Target: $24 | Target: $35 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $152.2M · Total debt $1.25B · Total assets $4.24B · Shareholders' equity $2.30B
- Revenue
- $465.5M
- Operating income
- $121.7M
- Net income
- $75.8M
No dividends on record.
| Institutions | 41.83% | 45.78M shares | |
|---|---|---|---|
| 166 holders · as of Jun 30, 2026 | |||
| Insiders | 2.39% | 2.62M shares | |
| 25 holders · as of Aug 21, 2026 | |||
| Strategic holders | 4.86% | 5.32M shares | |
| 1 holder · as of Jan 30, 2026 | |||
| Other | 50.92% | 55.72M shares | |
| remainder | |||
109.44M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Banpu Power Public Co LtdStrategicother: Member of 10% owner group | 4.86% | 5.32M | filed Jan 30, 2026 |
Dme Capital Management, LPInstitution | 2.83% | 3.10M | as of Jun 30, 2026 |
Yaupon Capital Management LPInstitution | 2.53% | 2.77M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 2.48% | 2.71M | as of Jun 30, 2026 |
Cooper Creek Partners Management LLCInstitution | 2.44% | 2.67M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 21, 2026 | David Tameron | officer: Chief Financial Officer | −1,500 | $25.63 |
| Aug 21, 2026 | Javier Hinojosa | officer: Senior Vice President of Power | −12,377 | $25.73 |
| Aug 20, 2026 | David Tameron | officer: Chief Financial Officer | −4,321 | $26.56 |
| Aug 14, 2026 | Lindsay B. Larrick | officer: Chief Legal and Admin Officer | −10,000 | $26.16 |
| Jun 1, 2026 | Eric S. Jacobsen | officer: President, Upstream | −25,000 | $26.89 |
- Expand Energy
Largest US gas producer; dominant in both Marcellus and Haynesville basins.
- EQT
Largest US gas producer; dominant Marcellus overlap with NEPA position.
- Antero Resources
Marcellus pure-play and largest US NGL exporter; named LOE benchmark peer.
- Vistra
Largest ERCOT merchant power generator and largest Texas retail provider.
- Range Resources
Marcellus pioneer with long-life low-decline gas thesis closest to NEPA.
- CNX Resources
Appalachian gas with coal-mine-methane credits; closest low-carbon-gas rival.
- Comstock Resources
Haynesville pure-play targeting Gulf Coast LNG and data centers; CCUS customer.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| BKV | $23.10 | +0.63% | $2.51B | 8.4 | 14.7 | 2.0 | +127.9% |
| Expand Energy | $87.90 | +0.29% | $20.29B | 7.6 | 11.1 | 1.5 | −19.8% |
| EQT | $50.31 | +0.36% | $31.36B | 11.0 | 15.3 | 3.4 | −29.2% |
| Antero Resources | $34.42 | +1.35% | $10.44B | 9.8 | 8.1 | 1.9 | +29.6% |
| Vistra | $140.82 | +0.03% | $47.47B | 23.7 | 15.0 | 3.0 | −5.5% |
| Range Resources | $38.30 | +1.27% | $8.84B | 10.4 | 10.5 | 2.7 | +19.1% |
| CNX Resources | $33.07 | +0.88% | $4.85B | 5.4 | 9.9 | 2.0 | −35.7% |
| Comstock Resources | $13.29 | +2.07% | $3.82B | 7.5 | 35.7 | 2.0 | −24.9% |
| Median | 9.8 | 11.1 | 2.0 | −19.8% |