AI-extracted from the 10-Q filed 2026-08-06 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
BKV reported Q2 net income of $75.8M on total revenues of $465.5M, with Upstream/Midstream production up 21% YoY to 89 Bcfe and Power generation up 16% to 2,222 GWh.
Biggest Revenue Drivers
Natural gas, NGL, and oil sales$221.9M+0.3% YoY
Higher NGL revenues (+46% YoY to $61.0M) and oil revenues (+92% YoY to $4.9M) driven by commodity price increases, partially offset by lower natural gas prices.
Power revenues$74.4M+20% YoY
Higher power generation and capacity at Temple Plants, with Temple II capacity factor improving to 69.9% from 54.8% YoY.
Biggest Revenue Drivers
Total revenue: $465.5M+1.6% YoY
Natural gas, NGL, and oil sales$221.9M+0.3% YoY
Higher NGL revenues (+46% YoY to $61.0M) and oil revenues (+92% YoY to $4.9M) driven by commodity price increases, partially offset by lower natural gas prices.
Power revenues$74.4M+20% YoY
Higher power generation and capacity at Temple Plants, with Temple II capacity factor improving to 69.9% from 54.8% YoY.
Largest Expense Items
Gathering and transportation$68.1M+8% YoY
Higher costs associated with increased natural gas and NGL production volumes, partially offset by natural gas rate decreases.
Lease operating and workover$44.5M+30% YoY
$10.2M attributable to BKV Barnett II acquired in Bedrock Acquisition in September 2025.
Fuel commodity costs$42.8M+7% YoY
Higher fuel consumption at Temple Plants due to increased power generation period-over-period.
General and administrative$42.1M+38% YoY
Higher information technology costs, employee and office expenses, and consulting and contracting costs resulting in increased corporate allocations.
Watch Items from the Filing
Three customers represent 31%, 14%, and 10% of Q2 2026 revenue from contracts with customers, concentrating 55% of revenues in three counterparties, with one representing 31%.
Temple I Loan Agreements of $176.0M mature November 1, 2026, requiring refinancing or repayment within four months of filing date.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Seimon DilankaChief Commercial OfficerGrant or award · Jun 30, 2026
Limpaphayom KiranaDirectorGrant or award · Jun 11, 2026
Miller Charles C IIIDirectorGrant or award · Jun 11, 2026
Davis Joseph RDirectorGrant or award · Jun 11, 2026
About BKV Corp (BKV): stock profile, AI score and financials
BKV Corp (BKV) stock profile, AI quality score, and SEC EDGAR financial data, a Energy sector company. 13F Pro's AI-powered ranking engine scores BKV at 57.0/100 on a composite quality score built from its SEC filings, placing it at rank #1,113 of 2,925 stocks — the top half of the AI-ranked universe. BKV scores in the top quartile across profitability (85.3), institutional flow (81.4), balance sheet strength (76.3). Areas of concern include free cash flow (20.8) and earnings quality (21.3), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), BKV Corp reports quarterly revenue of $322.5M, net income of $75.8M, an operating margin of 37.7%. Top institutional holders of BKV by reported 13-F value include DME Capital Management, Yaupon Capital Management, BlackRock, based on the most recent SEC filings. BKV trades on the NYSE exchange and files with the SEC under CIK 1838406. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BKV daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for BKV Corp directly from SEC EDGAR.