Company Analysis

BKV Corporation (BKV)

NYSE: BKV · Crude Petroleum & Natural Gas · Denver, CO · filing with the SEC since 2020
Grade5.6
◀ Past 5.0● Present 5.2▶ Future 7.2
1 est.

The grade of BKV Corporation

Nine metrics read from its own filings, by tense
Headline grade
5.6/10
◀ Past5.040% of the headline
● Present5.235% of the headline
▶ Future7.225% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.0/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.7/10

Has it survived what it has been through?

No warning events in its filings since 2020.

weight 45% of this tense · 77th percentile among 83 sector filers · read for itself

From the record

BKV Corporation's filings since 2020 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
2.7/10

What has it actually done, year after year?

-11.8% a year over 4 filed years; profitable in 3 of 4.

weight 33% of this tense · 27th percentile among 74 sector filers · read for its customers

From the record

BKV Corporation's 4 filed years say what it did: revenue went from $1.7 billion in fiscal 2022 to $1.1 billion in fiscal 2025, down 11.8% a year; it rose in 1 of 3 years; the deepest fall was 51% from fiscal 2022 to fiscal 2024; net income was positive in 3 of 4 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-11.8%bottom 5% of its family
  • the share of years revenue rosebottom 8% of its family
  • the share of filed years with a profittop 34% of its family
  • the deepest fall from a revenue peak51.5%bottom 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
3.0/10

How has it treated the people who own it?

Share count grew 11.9% a year. 0% of cash flow returned. Insiders: 17 sales, 0 purchases.

weight 22% of this tense · 29th percentile among 61 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, BKV Corporation's diluted share count grew about 11.9% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 17 sales (17 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-26 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 32% of its family
  • cash returned against operating cash flowbottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.2/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
4.1/10

Is it financially healthy right now?

ROE 9%: 9¢ of profit per shareholder dollar. Leverage 50%: owes 50¢ per asset dollar.

weight 45% of this tense · 41st percentile among 76 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, BKV Corporation earned about 9 cents of profit for every dollar of shareholders' money. Leverage: it owed about 50 cents per dollar of assets, and net share issuance: its share count grew 21.8% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 49% of its family
  • return on equitytop 42% of its family
  • the share count against the year beforebottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.9/10

How strong is its position in its industry?

bottom 49% of 76 in its family; net margin 15.7%.

weight 33% of this tense · 49th percentile among 76 sector filers · read for its customers

From the record

BKV Corporation's standing among 76 graded names in its industry family: revenue of $1.1 billion in fiscal 2025 ranks in the top 49% by size; a net margin of 15.7% ranks in the top 30%; revenue growth of -11.8% a year over the last 3 filed years ranks in the bottom 27% (its annual reports).

What it rests on

  • revenue against the family$1.14Btop 49% of its family
  • net margin15.7%top 30% of its family
  • three-year revenue growth-11.8%bottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
7.9/10

What are the people in charge doing?

SI estimate 7.9/10, confidence 35 of 100 (one part).

weight 22% of this tense · 79th percentile among 61 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 21% of 61 in its family; the record of its people begins on 2024-09-25 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 2.1 years and cannot see past it; a floor under five years is not read as years in charge.
What the record cannot read
The record of its people begins on 2024-09-25 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 2.1 years and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
one part: officer and director changes on Form 8-K, against the people in charge, the one part on file, ranked among 61 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: BKV Corporation's leadership is put at 7.9 of 10 with a confidence of 35 of 100, because read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 21% of 61 in its family; the record of its people begins on 2024-09-25 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 2.1 years and cannot see past it; a floor under five years is not read as years in charge. A filing that carries the missing parts replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

7.2/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
2.1/10

How much room does it have to grow?

bottom 21% of 74 in its family for room to expand.

weight 22% of this tense · 21st percentile among 74 sector filers · read for itself

From the record

BKV Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $264 million against debt of $1.1 billion leaves -22.2% of its assets as net cash, bottom 22% of its family; cash from operations less capital spending is -2.2% of revenue (bottom 21%) (its annual report).

What it rests on

  • cash less debt against assets-22.2%bottom 22% of its family
  • cash from operations less capital spending against revenue-2.2%bottom 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
8.2/10

What could actually drive growth from here?

top 19% of 72 in its family for growth drivers.

weight 33% of this tense · 81st percentile among 72 sector filers · read for its customers

From the record

BKV Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew -11.8% a year over the last three filed years against -11.8% over all 4, speeding up (top 18% of its family); the newest year grew 41.6% (top 14%); capital spending grew 23% a year (top 23%) (its annual reports). BKV Corporation tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 18% of its family
  • the newest year's revenue growth41.6%top 14% of its family
  • three-year growth of capital spending23.0%top 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
9.0/10

Did its newest year beat what its own record pointed to?

top 10% of 69 in its family for expectations against reality.

weight 45% of this tense · 90th percentile among 69 sector filers · read for its shareholders

From the record

BKV Corporation's newest year against its own record: revenue of $1.1 billion in fiscal 2025 came in 103.2% above the $561 million its prior three years' pace pointed to (top 7% of its family); net income of $179 million against a prior three-year average of $132 million (top 15%); a net margin of 15.7% against 6.6% before (top 9%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace103.2%top 7% of its family
  • net income against the prior three years' average+36%top 15% of its family
  • net margin against its prior average+9.1 pointstop 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton BKV · research, not advice