What move does the options market price into BKV's report?

Implied ±6.1%, either direction.

How often does BKV move more than the options market prices?

1 of the last 7 reports moved at least as far as the implied move.

BKVNYSECrude Petroleum & Natural Gas

BKV Corp (BKV) earnings date, market-implied expected move, and options open interest by expiry

20.95

pre 20.93 −0.05%

Pre-market17:56 ETdelayed

Open21.05Volume846,219Mkt cap$2.3BP/E7.53EPS2.78

Day20.80 – 21.2727%52-wk20.03 – 32.817%

BKV

BKV Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±6.1%implied · report alone

8Q avg ±3.5%·×1.72·rich

19.6622.20

straddle ±10.3%

spot 20.93exp Nov 20ATM strike 20ATM straddle 2.53IV 61%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 9

before open · in 7 days

est.Q3 FY26

Calendar

Next report

Last report

+4.35%

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Linked news

4dOKE · supplierOneok net income $1,350 million, diluted EPS $2.13 for quarter ended Sept 30, 2026
9dWMB · supplierKinder Morgan, Energy Transfer and Williams could benefit from cheap natural gas

News

Largest filed tie

13F top-10 QoQ

+36.78%

shares held · 10 largest managers

13F · Jun 30 '26125d lag

161 managers

Top fund weight

0.03%

BKV weight · IWM

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

BKV (BKV) is expected to report on Nov 9 before open (estimated date).

Implied vs realized

8 reports

1 of 7≥ implied

avg implied: ±9.5%
avg realized: ±3.4%

Feb 26 '25Feb 26 '25confirmed±6.8%▼−5.09%×0.74

May 9 '25May 9 '25confirmed±6.4%▲+6.73%×1.05

Aug 12 '25Aug 12 '25confirmed±9.1%▲+6.93%×0.76

Q3 FY25Sep 22 '25confirmed±11.1%▲+0.14%×0.01

Nov 10 '25Nov 10 '25confirmed±11.2%▲+0.91%×0.08

Q1 FY26Feb 25 '26confirmed±11.5%▲+0.98%×0.09

May 7 '26May 7 '26confirmed±10.5%▼−3.02%×0.29

Q2 FY26Aug 6 '26confirmed—▲+4.35%—

quarterimplied−15%0+15%realized×

Q2 FY26—▲+4.35%—

May '26±10.5%−3.02%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Oct 30 close

0.02OI · 3 expiries · Oct 30 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

2070%Nov 2018d9,600−1%

3140%Dec 1846d0.311,0240%0.31

32−22%Feb 19109d0.022,0930%0.02

ExpiryPutsCallsP/C

Nov 2018d2070%9,600−1%0.02

Dec 1846d3140%1,0240%0.31

Feb 19109d32−22%2,0930%0.02

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±10.3%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

Suppliers 3

OKE±3.4%×0.33

ET±2.7%×0.26

WMB±2.6%×0.25

Dashed = straddle · × = co-movement · max 500dMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

16.61%as filednet margin · revenue +7.55% QoQ · +1.57% YoY

Revenue

$466M+7.55% QoQ

Gross profit

$308M+18.03% QoQ

66.14% margin

Operating income

$122M+41.42% QoQ

26.13% margin

Pre-tax income

$97M+53.97% QoQ

Net income

$77M+49.16% QoQ

16.61% margin

Cost of revenue

$158M−8.34% QoQ

Operating expenses

$186M+6.52% QoQ

Other operating $60M

Depreciation $53M

SG&A $50M

Other operating $23M

Other expense

$24M

Tax

$20M+75.69% QoQ

Revenue$466M+7.55%

Gross profit

$308M+18.03%

66.14% margin

Operating income

$122M+41.42%

26.13% margin

Pre-tax income

$97M+53.97%

Net income

$77M+49.16%

16.61% margin

Cost of revenue

$158M−8.34%

Operating expenses

$186M+6.52%

Other operating $60M

Depreciation $53M

SG&A $50M

Other expense

$24M

Tax$20M+75.69%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 17:45 ET

Intraday

Event sensitivity

PPI ×1.19· ±2.3% vs ±2.0% · 10 releases

eventrelease day|move|up · n×base

PPIproducer prices±2.3%3 of 10×1.19

FOMCrate decision±2.3%7 of 16×1.18

NFPjobs report±2.0%5 of 10×1.01

GDPgross domestic product±1.7%11 of 19×0.89

PCEpersonal income & outlays±1.4%10 of 19×0.71

CPIconsumer prices±1.2%4 of 10×0.61

CPROFcorporate profits±1.2%8 of 12×0.61

Bar = avg |move| to ±3% · tick = ±2.0% avg day · ×base = |move| ÷ ±2.0% · min 6 releases

Earnings history

EPS 0.67 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 6 '26 · confirmed	0.67	—
Q1 FY26	Feb 25 '26 · confirmed	0.42	—
Q3 FY25	Sep 22 '25 · confirmed	0.90	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod