BKV (BKV) to Release Quarterly Earnings on Tuesday

BKV (NYSE:BKV) will post its quarterly earnings results before the market opens on Tuesday, November 12th. Analysts expect BKV to post earnings of ($0.32) per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

BKV Price Performance

NYSE:BKV opened at $19.50 on Friday. BKV has a 52 week low of $17.39 and a 52 week high of $19.81.

Insiders Place Their Bets

In other BKV news, CFO John T. Jimenez bought 16,500 shares of the stock in a transaction that occurred on Friday, September 27th. The shares were purchased at an average cost of $18.00 per share, for a total transaction of $297,000.00. Following the transaction, the chief financial officer now directly owns 273,274 shares in the company, valued at $4,918,932. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CFO John T. Jimenez acquired 16,500 shares of BKV stock in a transaction that occurred on Friday, September 27th. The stock was acquired at an average price of $18.00 per share, with a total value of $297,000.00. Following the completion of the acquisition, the chief financial officer now directly owns 273,274 shares of the company’s stock, valued at $4,918,932. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Christopher P. Kalnin bought 2,500 shares of the stock in a transaction on Friday, September 27th. The shares were bought at an average cost of $18.00 per share, for a total transaction of $45,000.00. Following the purchase, the chief executive officer now owns 1,483,054 shares in the company, valued at $26,694,972. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 21,850 shares of company stock worth $393,300.

Wall Street Analysts Forecast Growth

BKV has been the subject of a number of research reports. KeyCorp assumed coverage on shares of BKV in a report on Monday, October 21st. They issued an “overweight” rating and a $23.00 price objective for the company. Susquehanna initiated coverage on shares of BKV in a report on Tuesday, October 22nd. They issued a “positive” rating and a $24.00 price target for the company. Jefferies Financial Group initiated coverage on shares of BKV in a research note on Monday, October 21st. They set a “buy” rating and a $28.00 price objective on the stock. Mizuho started coverage on BKV in a research note on Monday, October 21st. They issued an “outperform” rating and a $29.00 target price for the company. Finally, Truist Financial initiated coverage on BKV in a report on Friday, October 25th. They set a “buy” rating and a $24.00 target price for the company. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $25.63.

About BKV

BKV Corporation engages in the acquisition, operation, and development of natural gas and NGL properties. It is also involved in the gathering, processing, and transportation of natural gas. The company was founded in 2015 and is based in Denver, Colorado with additional offices in Tunkhannock, Pennsylvania and Fort Worth, Texas.