BKV Q1 adjusted EPS misses estimates

BKV

07/05/2026 12:13

Overview

US natural gas producer and power generator's Q1 adjusted EPS missed analyst expectations

Company swung to net income of $44.1 mln from a loss a year earlier

BKV completed equity offering and raised power JV stake to 75% in Q1

Outlook

BKV sees Q2 capital expenditures at $155 mln to $215 mln

Company expects full-year 2026 net production of 915 to 955 MMcfe/d

BKV forecasts FY 2026 Power Adjusted EBITDAX of $135 mln to $175 mln

Result Drivers

POWER GENERATION GROWTH - Higher power generation, supported by reliable operations during Winter Storm Fern, drove segment results

UPSTREAM EFFICIENCY - Improved drilling and completions execution, including advanced completion designs and positive offset well effects, boosted production and capital efficiency

POWER JV CONSOLIDATION - Increased ownership in the power JV to 75% allowed BKV to consolidate financial results and align operations with long-term strategy

Company press release: ID:nBwcf4cdta

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted EPS
Miss
$0.22
$0.52 (9 Analysts)

Analyst Coverage

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"

Wall Street's median 12-month price target for BKV Corp is $35.00, about 17.3% above its May 6 closing price of $29.85

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)