BKV Q3 2024 Earnings — BKV Corporation Revenue & Financial Results | Market Cap Arena

BKVBKV Corporation

$3B

Q3 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$138M-24.3% YoY

Gross Profit

$80M58.4% margin

Operating Income

-$21M-15.2% margin

Net Income

$13M9.3% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

+0.1%

Cash Flow

Operating Cash Flow

$65M

Free Cash Flow

$44M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$668M

Stockholders' Equity

$1.6B

Cash & Equivalents

$31M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$138M	$182M	-24.3%
Gross Profit	$80M	$130M	-38.0%
Operating Income	-$21M	-$5M	-296.4%
Net Income	$13M	$19M	-30.7%

Revenue Segments

Natural Gas, NGL, And Oil

$127M57%

Natural Gas

$88M40%

Natural Gas, Midstream

$3M1%

Marketing

$2M1%

Oil

$2M1%

Geographic Segments

TEXAS

$133M96%

PENNSYLVANIA

$5M4%