BKV (NYSE:BKV) Now Covered by Analysts at KeyCorp

KeyCorp assumed coverage on shares of BKV (NYSE:BKV) in a research report sent to investors on Monday morning, Marketbeat.com reports. The firm issued an overweight rating and a $23.00 price target on the stock. KeyCorp also issued estimates for BKV’s Q3 2024 earnings at ($0.35) EPS, Q4 2024 earnings at $0.00 EPS, FY2024 earnings at ($1.71) EPS, Q1 2025 earnings at $0.25 EPS, Q2 2025 earnings at $0.24 EPS, Q3 2025 earnings at $0.64 EPS, Q4 2025 earnings at $0.21 EPS, FY2025 earnings at $1.34 EPS, Q1 2026 earnings at $0.16 EPS, Q2 2026 earnings at $0.51 EPS, Q3 2026 earnings at $1.25 EPS and FY2026 earnings at $2.34 EPS.

A number of other brokerages have also recently weighed in on BKV. Barclays started coverage on shares of BKV in a research report on Monday. They set an “overweight” rating and a $24.00 price target for the company. Jefferies Financial Group assumed coverage on shares of BKV in a report on Monday. They issued a “buy” rating and a $28.00 target price for the company. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $25.86.

BKV Price Performance

Shares of NYSE:BKV opened at $18.18 on Monday. BKV has a 12-month low of $17.90 and a 12-month high of $18.88.

Insider Activity

In other BKV news, insider Mary Rita Valois bought 2,000 shares of the business’s stock in a transaction that occurred on Friday, September 27th. The shares were purchased at an average cost of $18.00 per share, with a total value of $36,000.00. Following the purchase, the insider now directly owns 15,333 shares in the company, valued at approximately $275,994. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, CFO John T. Jimenez acquired 16,500 shares of BKV stock in a transaction dated Friday, September 27th. The shares were acquired at an average cost of $18.00 per share, for a total transaction of $297,000.00. Following the completion of the purchase, the chief financial officer now owns 273,274 shares in the company, valued at approximately $4,918,932. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Mary Rita Valois bought 2,000 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The stock was bought at an average price of $18.00 per share, with a total value of $36,000.00. Following the completion of the acquisition, the insider now owns 15,333 shares of the company’s stock, valued at $275,994. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 21,850 shares of company stock valued at $393,300.

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.