BKV sees Q3 2026 capital expenditures of $200 million to $285 million
Company expects Q3 2026 net production of 935 to 965 MMcfe/d
BKV forecasts full-year 2026 capital expenditures of $690 million to $875 million
Q2 financial highlights
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Total Revenues and Other Operating Income
$465.54 million
Q2 Adjusted EPS
Beat
$0.46
$0.28 (9 analysts)
Analyst coverage and valuation
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the oil & gas exploration and production peer group is "buy"
Wall Street's median 12-month price target for BKV Corporation is , about above its August 5 closing price of
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago
Quarterly results and key drivers
US natural gas producer's Q2 adjusted EPS beat analyst expectations
Q2 total revenue rose slightly yr/yr to $465.5 million
Company began commercial operations at two new carbon capture projects in Q2
Result drivers
Higher power generation - Co said strong power demand in ERCOT led to ~16% yr/yr increase in power generation at Temple plants, though wholesale power prices were below expectations
Upstream production gains - Co attributed production above guidance to improved drilling and completions, including advanced completion designs and offset well effects in Barnett
New CCUS projects - Co began commercial operations at Cotton Cove and Eagle Ford carbon capture projects in Q2, adding to sequestered CO₂ volumes
BKV•
