BKV Corp (BKV) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1200 17TH ST., STE 2100 DENVER, CO 80202 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2025 MRQ | 12/31/2024 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 14,868 | |||
| Cash and cash equivalent | 14,868 | |||
| Inventory, net of allowances, customer advances and progress billings | 6,255 | |||
| Inventory | 6,255 | |||
| Prepaid expense | 7,638 | |||
| Derivative instruments and hedges, assets | ||||
| Other current assets | ||||
| Other undisclosed current assets | 65,849 | |||
| Total current assets: | 94,610 | |||
| Noncurrent Assets | ||||
| Property, plant and equipment | 118,701 | |||
| Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment | 1,888,281 | |||
| Long-term investments and receivables | 115,173 | |||
| Long-term investments | 115,173 | |||
| Intangible assets, net (including goodwill) | 18,417 | |||
| Goodwill | 18,417 | |||
| Derivative instruments and hedges | ||||
| Other noncurrent assets | 17,307 | |||
| Other undisclosed noncurrent assets | (21,401) | |||
| Total noncurrent assets: | 2,136,478 | |||
| TOTAL ASSETS: | 2,231,088 | |||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities, including: | 121,366 | |||
| Accounts payable | 53,238 | |||
| Accrued liabilities | 51,645 | |||
| Other undisclosed accounts payable and accrued liabilities | 16,483 | |||
| Derivative instruments and hedges, liabilities | 20,277 | |||
| Business combination, contingent consideration, liability | 20,000 | |||
| Other liabilities | 3,124 | |||
| Other undisclosed current liabilities | 1,438 | |||
| Total current liabilities: | 166,205 | |||
| Noncurrent Liabilities | ||||
| Long-term debt and lease obligation | 165,000 | |||
| Long-term debt, excluding current maturities | 165,000 | |||
| Liabilities, other than long-term debt | 340,309 | |||
| Asset retirement obligations | 198,795 | |||
| Deferred income tax liabilities | 88,688 | |||
| Other liabilities | 5,469 | |||
| Derivative instruments and hedges, liabilities | 47,357 | |||
| Total noncurrent liabilities: | 505,309 | |||
| Total liabilities: | 671,514 | |||
| Temporary equity, including noncontrolling interest | ||||
| Equity | ||||
| Equity, attributable to parent | 1,559,574 | |||
| Common stock | 1,512 | |||
| Treasury stock, value | (6,663) | |||
| Additional paid in capital | 1,447,671 | |||
| Retained earnings | 117,054 | |||
| Equity, attributable to noncontrolling interest | ||||
| Total equity: | 1,559,574 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,231,088 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | ||
|---|---|---|---|
| Revenues | 604,530 | ||
| Gross profit: | 604,530 | ||
| Operating expenses | (735,782) | ||
| Other undisclosed operating loss | (23,549) | ||
| Operating income (loss): | (154,801) | ||
| Nonoperating income | 12,867 | ||
| Investment income, nonoperating | 3,859 | ||
| Other nonoperating income | 9,008 | ||
| Interest and debt expense | (13,877) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (155,811) | ||
| Income from equity method investments | 10,423 | ||
| Other undisclosed loss from continuing operations before income taxes | (41,087) | ||
| Income (loss) from continuing operations before income taxes: | (186,475) | ||
| Income tax expense (benefit) | 43,605 | ||
| Net income (loss): | (142,870) | ||
| Net loss attributable to noncontrolling interest | |||
| Net income (loss) attributable to parent: | (142,870) | ||
| Preferred stock dividends and other adjustments | (9,310) | ||
| Other undisclosed net loss available to common stockholders, basic | |||
| Net income (loss) available to common stockholders, diluted: | (152,180) | ||
Comprehensive Income ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | ||
|---|---|---|---|
| Net income (loss): | (142,870) | ||
| Comprehensive income (loss): | (142,870) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (142,870) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.