BKV Corporation (BKV)

BKV Corp. debuted as a public company on the NYSE in September 2024, raising over $200 million. In August 2025, it announced the acquisition of Bedrock Production LLC's assets for $370 million, expecting to increase its production base. BKV raised its full-year 2025 production guidance midpoint to 800 MMcfe/d. In September 2025, BKV closed the Bedrock Energy Partners' acquisition. Short interest grew by 131.9% to 1,900,000 shares as of September 30th. An insider sold 15,000 shares in October 2025 for $348,000. Analyst ratings were mixed, with Barclays increasing their target price to $30.00 in July 2025, Mizuho decreasing theirs to $30.00 in September 2025, and Weiss Ratings reaffirming a "sell (d-)" rating in October 2025.

Demand for natural gas exhibits typical seasonality, with an anticipated increase in Gulf Coast demand driven by new LNG facilities. BKV's power generation business experiences seasonal dynamics in the ERCOT market, with spark spreads improving in Q2 2025. The company is positioned to meet the demand for clean power from the AI and data center boom.

BKV Corporation is a growth-driven energy company focused on natural gas production from its upstream businesses. It operates in oil and gas exploration and production, offering natural gas production, midstream services, power generation, and CCUS. BKV aims to achieve net-zero carbon emissions by the 2030s through sustainable carbon-based energy production.

BKV's operations are concentrated in the Barnett Shale in Texas, covering approximately 460,000 acres, and the Marcellus Shale in northeast Pennsylvania, covering about 37,000 acres. It also holds a 50% ownership interest in the BKV-BPP Power Joint Venture, operating the Temple I and II power plants in Temple, Texas.

BKV Corporation has been evolving its brand to emphasize innovation and progress in the energy sector. The company focuses on producing safe and profitable net-zero natural gas and achieving net-zero carbon emissions by the 2030s. BKV publicly defended the Greenhouse Gas Reporting Program, reinforcing its commitment to transparent environmental practices, which enhances its brand reputation.

BKV Corporation has a diverse ownership structure, with a significant portion held by institutional investors. As of October 3, 2025, there are 249 institutional owners and shareholders holding a total of 20,672,616 shares. Banpu Public Co. Ltd. holds a substantial 75.5% stake in BKV Corporation. Individual ownership accounts for 4.81% of the shares.