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BKV Corp（BKV）与康菲石油（COP）财务数据对比。点击上方公司名可切换其他公司
康菲石油的季度营收约是BKV Corp的44.5倍（$11.4B vs $255.9M）。BKV Corp净利率更高（27.5% vs 12.7%，领先14.8%）
BKV Corp是一家北美独立能源企业，专注于天然气的可持续勘探、生产与配送，核心运营资产位于阿巴拉契亚盆地，服务区域内公用事业、工业及商业客户，同时投资碳捕获等低碳技术以降低运营排放。
康菲石油是总部位于美国得克萨斯州休斯敦能源走廊区的跨国能源企业，核心业务涵盖油气等碳氢化合物的勘探与开采，业务布局覆盖全球多个国家和地区，是全球领先的独立勘探开发类能源企业之一。
BKV vs COP — 直观对比
营收规模更大
COP
是对方的44.5倍
$255.9M
净利率更高
BKV
高出14.8%
12.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $255.9M | $11.4B |
| 净利润 | $70.4M | $1.4B |
| 毛利率 | — | 54.4% |
| 营业利润率 | 39.3% | 19.7% |
| 净利率 | 27.5% | 12.7% |
| 营收同比 | — | -10.7% |
| 净利润同比 | — | -37.5% |
| 每股收益（稀释后） | $0.78 | $1.18 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BKVCOP
| Q4 25 | $255.9M | $11.4B | ||
| Q3 25 | $199.8M | $13.3B | ||
| Q2 25 | $207.1M | $12.6B | ||
| Q1 25 | $231.0M | $14.5B | ||
| Q4 24 | — | $12.7B | ||
| Q3 24 | $133.5M | $11.7B | ||
| Q2 24 | — | $12.7B | ||
| Q1 24 | — | $12.3B |
净利润BKVCOP
| Q4 25 | $70.4M | $1.4B | ||
| Q3 25 | $76.8M | $1.7B | ||
| Q2 25 | $104.6M | $2.0B | ||
| Q1 25 | $-78.7M | $2.8B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | $12.9M | $2.1B | ||
| Q2 24 | — | $2.3B | ||
| Q1 24 | — | $2.6B |
毛利率BKVCOP
| Q4 25 | — | 54.4% | ||
| Q3 25 | — | 56.1% | ||
| Q2 25 | — | 59.7% | ||
| Q1 25 | — | 57.3% | ||
| Q4 24 | — | 60.2% | ||
| Q3 24 | — | 59.4% | ||
| Q2 24 | — | 61.6% | ||
| Q1 24 | — | 56.7% |
营业利润率BKVCOP
| Q4 25 | 39.3% | 19.7% | ||
| Q3 25 | 41.2% | 22.0% | ||
| Q2 25 | 62.0% | 23.9% | ||
| Q1 25 | -40.6% | 30.8% | ||
| Q4 24 | — | 23.3% | ||
| Q3 24 | -15.7% | 27.6% | ||
| Q2 24 | — | 28.9% | ||
| Q1 24 | — | 30.9% |
净利率BKVCOP
| Q4 25 | 27.5% | 12.7% | ||
| Q3 25 | 38.5% | 12.9% | ||
| Q2 25 | 50.5% | 15.6% | ||
| Q1 25 | -34.1% | 19.7% | ||
| Q4 24 | — | 18.1% | ||
| Q3 24 | 9.6% | 17.6% | ||
| Q2 24 | — | 18.4% | ||
| Q1 24 | — | 20.7% |
每股收益（稀释后）BKVCOP
| Q4 25 | $0.78 | $1.18 | ||
| Q3 25 | $0.90 | $1.38 | ||
| Q2 25 | $1.23 | $1.56 | ||
| Q1 25 | $-0.93 | $2.23 | ||
| Q4 24 | — | $1.92 | ||
| Q3 24 | $0.18 | $1.76 | ||
| Q2 24 | — | $1.98 | ||
| Q1 24 | — | $2.15 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $199.4M | $7.0B |
| 总债务越低越好 | $486.8M | $22.4B |
| 股东权益账面价值 | $2.0B | $64.5B |
| 总资产 | $3.1B | $121.9B |
| 负债/权益比越低杠杆越低 | 0.24× | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资BKVCOP
| Q4 25 | $199.4M | $7.0B | ||
| Q3 25 | $83.1M | $6.3B | ||
| Q2 25 | $21.4M | $5.3B | ||
| Q1 25 | $15.3M | $7.2B | ||
| Q4 24 | — | $6.1B | ||
| Q3 24 | $31.3M | $6.8B | ||
| Q2 24 | — | $6.0B | ||
| Q1 24 | — | $6.1B |
总债务BKVCOP
| Q4 25 | $486.8M | $22.4B | ||
| Q3 25 | $486.6M | $22.5B | ||
| Q2 25 | $200.0M | $23.1B | ||
| Q1 25 | $200.0M | $23.2B | ||
| Q4 24 | — | $23.3B | ||
| Q3 24 | $190.0M | $17.0B | ||
| Q2 24 | — | $17.0B | ||
| Q1 24 | — | $17.3B |
股东权益BKVCOP
| Q4 25 | $2.0B | $64.5B | ||
| Q3 25 | $1.8B | $64.9B | ||
| Q2 25 | $1.6B | $65.6B | ||
| Q1 25 | $1.5B | $65.2B | ||
| Q4 24 | — | $64.8B | ||
| Q3 24 | $1.6B | $49.9B | ||
| Q2 24 | — | $49.7B | ||
| Q1 24 | — | $49.3B |
总资产BKVCOP
| Q4 25 | $3.1B | $121.9B | ||
| Q3 25 | $2.9B | $122.5B | ||
| Q2 25 | $2.3B | $122.6B | ||
| Q1 25 | $2.3B | $124.3B | ||
| Q4 24 | — | $122.8B | ||
| Q3 24 | $2.3B | $96.7B | ||
| Q2 24 | — | $96.0B | ||
| Q1 24 | — | $95.3B |
负债/权益比BKVCOP
| Q4 25 | 0.24× | 0.35× | ||
| Q3 25 | 0.27× | 0.35× | ||
| Q2 25 | 0.13× | 0.35× | ||
| Q1 25 | 0.13× | 0.36× | ||
| Q4 24 | — | 0.36× | ||
| Q3 24 | 0.12× | 0.34× | ||
| Q2 24 | — | 0.34× | ||
| Q1 24 | — | 0.35× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $69.4M | $4.3B |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 0.99× | 2.99× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BKVCOP
| Q4 25 | $69.4M | $4.3B | ||
| Q3 25 | $74.5M | $5.9B | ||
| Q2 25 | $76.2M | $3.5B | ||
| Q1 25 | $22.6M | $6.1B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $5.8B | ||
| Q2 24 | — | $4.9B | ||
| Q1 24 | — | $5.0B |
自由现金流BKVCOP
| Q4 25 | — | — | ||
| Q3 25 | $-126.9M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率BKVCOP
| Q4 25 | — | — | ||
| Q3 25 | -63.5% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度BKVCOP
| Q4 25 | — | — | ||
| Q3 25 | 100.9% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率BKVCOP
| Q4 25 | 0.99× | 2.99× | ||
| Q3 25 | 0.97× | 3.41× | ||
| Q2 25 | 0.73× | 1.77× | ||
| Q1 25 | — | 2.15× | ||
| Q4 24 | — | 1.93× | ||
| Q3 24 | — | 2.80× | ||
| Q2 24 | — | 2.11× | ||
| Q1 24 | — | 1.95× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BKV
| Natural Gas NGL And Oil | $249.3M | 97% |
| Related Party And Other | $4.7M | 2% |
| Marketing | $2.8M | 1% |
COP
| Natural Gas Reserves | $2.1B | 18% |
| Physical Gas Contracts | $2.0B | 18% |
| Europe Middle East And North Africa Segment | $1.6B | 14% |
| Natural Gas Product Line | $1.5B | 13% |
| Canada Operating Segment | $1.3B | 12% |
| Alaska Segment | $1.3B | 11% |
| Natural Gas Liquids Reserves | $826.0M | 7% |
| Asia Pacific Operating Segment | $360.0M | 3% |
| Crude Oil Product Line | $236.0M | 2% |
| Related Party | $12.0M | 0% |
| Corporate Segment | $7.0M | 0% |
