vs
BKV Corp（BKV）与雪佛龙（CVX）财务数据对比。点击上方公司名可切换其他公司
雪佛龙的季度营收约是BKV Corp的179.0倍（$45.8B vs $255.9M）。BKV Corp净利率更高（27.5% vs 6.0%，领先21.5%）
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。
雪佛龙是美国知名跨国能源企业，主营业务为石油和天然气相关业务，是标准石油拆分后的第二大直系子公司，前身为加利福尼亚标准石油公司，目前业务布局覆盖全球超过180个国家，在全球能源市场占据重要地位。
BKV vs CVX — 直观对比
营收规模更大
CVX
是对方的179.0倍
$255.9M
净利率更高
BKV
高出21.5%
6.0%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $255.9M | $45.8B |
| 净利润 | $70.4M | $2.8B |
| 毛利率 | — | 44.6% |
| 营业利润率 | 39.3% | 10.0% |
| 净利率 | 27.5% | 6.0% |
| 营收同比 | — | -5.3% |
| 净利润同比 | — | -14.5% |
| 每股收益（稀释后） | $0.78 | $1.36 |
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BKVCVX
| Q4 25 | $255.9M | $45.8B | ||
| Q3 25 | $199.8M | $48.2B | ||
| Q2 25 | $207.1M | $44.4B | ||
| Q1 25 | $231.0M | $46.1B | ||
| Q4 24 | — | $48.3B | ||
| Q3 24 | $133.5M | $48.9B | ||
| Q2 24 | — | $49.6B | ||
| Q1 24 | — | $46.6B |
净利润BKVCVX
| Q4 25 | $70.4M | $2.8B | ||
| Q3 25 | $76.8M | $3.5B | ||
| Q2 25 | $104.6M | $2.5B | ||
| Q1 25 | $-78.7M | $3.5B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | $12.9M | $4.5B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | — | $5.5B |
毛利率BKVCVX
| Q4 25 | — | 44.6% | ||
| Q3 25 | — | 43.1% | ||
| Q2 25 | — | 39.5% | ||
| Q1 25 | — | 37.9% | ||
| Q4 24 | — | 37.6% | ||
| Q3 24 | — | 37.8% | ||
| Q2 24 | — | 37.7% | ||
| Q1 24 | — | 40.4% |
营业利润率BKVCVX
| Q4 25 | 39.3% | 10.0% | ||
| Q3 25 | 41.2% | 11.2% | ||
| Q2 25 | 62.0% | 9.3% | ||
| Q1 25 | -40.6% | 12.1% | ||
| Q4 24 | — | 12.5% | ||
| Q3 24 | -15.7% | 13.3% | ||
| Q2 24 | — | 14.2% | ||
| Q1 24 | — | 17.0% |
净利率BKVCVX
| Q4 25 | 27.5% | 6.0% | ||
| Q3 25 | 38.5% | 7.3% | ||
| Q2 25 | 50.5% | 5.6% | ||
| Q1 25 | -34.1% | 7.6% | ||
| Q4 24 | — | 6.7% | ||
| Q3 24 | 9.6% | 9.2% | ||
| Q2 24 | — | 8.9% | ||
| Q1 24 | — | 11.8% |
每股收益（稀释后）BKVCVX
| Q4 25 | $0.78 | $1.36 | ||
| Q3 25 | $0.90 | $1.82 | ||
| Q2 25 | $1.23 | $1.45 | ||
| Q1 25 | $-0.93 | $2.00 | ||
| Q4 24 | — | $1.84 | ||
| Q3 24 | $0.18 | $2.48 | ||
| Q2 24 | — | $2.43 | ||
| Q1 24 | — | $2.97 |
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 | — |
| 总债务越低越好 | $486.8M | $39.8B |
| 股东权益账面价值 | $2.0B | $186.4B |
| 总资产 | $3.1B | $324.0B |
| 负债/权益比越低杠杆越低 | 0.24× | 0.21× |
8季度趋势，按日历期对齐
现金及短期投资BKVCVX
| Q4 25 | $199.4M | — | ||
| Q3 25 | $83.1M | — | ||
| Q2 25 | $21.4M | — | ||
| Q1 25 | $15.3M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $31.3M | — | ||
| Q2 24 | — | $4.0B | ||
| Q1 24 | — | $6.3B |
总债务BKVCVX
| Q4 25 | $486.8M | $39.8B | ||
| Q3 25 | $486.6M | — | ||
| Q2 25 | $200.0M | — | ||
| Q1 25 | $200.0M | — | ||
| Q4 24 | — | $20.1B | ||
| Q3 24 | $190.0M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益BKVCVX
| Q4 25 | $2.0B | $186.4B | ||
| Q3 25 | $1.8B | $189.8B | ||
| Q2 25 | $1.6B | $146.4B | ||
| Q1 25 | $1.5B | $149.2B | ||
| Q4 24 | — | $152.3B | ||
| Q3 24 | $1.6B | $156.2B | ||
| Q2 24 | — | $159.2B | ||
| Q1 24 | — | $160.6B |
总资产BKVCVX
| Q4 25 | $3.1B | $324.0B | ||
| Q3 25 | $2.9B | $326.5B | ||
| Q2 25 | $2.3B | $250.8B | ||
| Q1 25 | $2.3B | $256.4B | ||
| Q4 24 | — | $256.9B | ||
| Q3 24 | $2.3B | $259.2B | ||
| Q2 24 | — | $260.6B | ||
| Q1 24 | — | $261.7B |
负债/权益比BKVCVX
| Q4 25 | 0.24× | 0.21× | ||
| Q3 25 | 0.27× | — | ||
| Q2 25 | 0.13× | — | ||
| Q1 25 | 0.13× | — | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | 0.12× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $10.8B |
| 自由现金流经营现金流 - 资本支出 | — | $5.5B |
| 自由现金流率自由现金流/营收 | — | 12.1% |
| 资本支出强度资本支出/营收 | — | 11.5% |
| 现金转化率经营现金流/净利润 | 0.99× | 3.89× |
| 过去12个月自由现金流最近4个季度 | — | $16.6B |
8季度趋势，按日历期对齐
经营现金流BKVCVX
| Q4 25 | $69.4M | $10.8B | ||
| Q3 25 | $74.5M | $9.4B | ||
| Q2 25 | $76.2M | $8.6B | ||
| Q1 25 | $22.6M | $5.2B | ||
| Q4 24 | — | $8.7B | ||
| Q3 24 | — | $9.7B | ||
| Q2 24 | — | $6.3B | ||
| Q1 24 | — | $6.8B |
自由现金流BKVCVX
| Q4 25 | — | $5.5B | ||
| Q3 25 | $-126.9M | $4.9B | ||
| Q2 25 | — | $4.9B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $4.4B | ||
| Q3 24 | — | $5.6B | ||
| Q2 24 | — | $2.3B | ||
| Q1 24 | — | $2.7B |
自由现金流率BKVCVX
| Q4 25 | — | 12.1% | ||
| Q3 25 | -63.5% | 10.3% | ||
| Q2 25 | — | 11.0% | ||
| Q1 25 | — | 2.7% | ||
| Q4 24 | — | 9.0% | ||
| Q3 24 | — | 11.5% | ||
| Q2 24 | — | 4.7% | ||
| Q1 24 | — | 5.9% |
资本支出强度BKVCVX
| Q4 25 | — | 11.5% | ||
| Q3 25 | 100.9% | 9.2% | ||
| Q2 25 | — | 8.4% | ||
| Q1 25 | — | 8.5% | ||
| Q4 24 | — | 9.0% | ||
| Q3 24 | — | 8.3% | ||
| Q2 24 | — | 8.0% | ||
| Q1 24 | — | 8.8% |
现金转化率BKVCVX
| Q4 25 | 0.99× | 3.89× | ||
| Q3 25 | 0.97× | 2.65× | ||
| Q2 25 | 0.73× | 3.44× | ||
| Q1 25 | — | 1.48× | ||
| Q4 24 | — | 2.68× | ||
| Q3 24 | — | 2.16× | ||
| Q2 24 | — | 1.42× | ||
| Q1 24 | — | 1.24× |
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% |
CVX
| Other | $17.5B | 38% |
| Downstream Segment | $16.8B | 37% |
| Upstream Segment | $11.5B | 25% |
