BKV (BKV) to Release Quarterly Earnings on Tuesday

BKV (NYSE:BKV - Get Free Report) is scheduled to release its earnings data 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 Trading Up 1.3 %

Shares of NYSE BKV traded up $0.24 during midday trading on Tuesday, reaching $18.11. The company's stock had a trading volume of 74,311 shares, compared to its average volume of 363,829. BKV has a fifty-two week low of $17.39 and a fifty-two week high of $18.88.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Jefferies Financial Group started coverage on shares of BKV in a research report on Monday, October 21st. They set a "buy" rating and a $28.00 price target on the stock. KeyCorp assumed coverage on BKV in a report on Monday, October 21st. They set an "overweight" rating and a $23.00 target price on the stock. Citigroup initiated coverage on BKV in a research note on Monday, October 21st. They issued a "buy" rating and a $29.00 price target for the company. Barclays assumed coverage on BKV in a research note on Monday, October 21st. They set an "overweight" rating and a $24.00 price objective on the stock. Finally, Evercore ISI started coverage on shares of BKV in a research report on Monday, October 21st. They set an "outperform" rating and a $24.00 price target on the stock. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $25.63.

Insiders Place Their Bets

In related news, insider Mary Rita Valois bought 2,000 shares of the business's stock in a transaction dated Friday, September 27th. The stock was bought at an average price of $18.00 per share, for a total transaction of $36,000.00. Following the purchase, the insider now owns 15,333 shares in the company, valued at $275,994. This represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Mary Rita Valois bought 2,000 shares of the stock in a transaction dated Friday, September 27th. The shares were bought at an average price of $18.00 per share, for a total transaction of $36,000.00. Following the completion of the purchase, the insider now owns 15,333 shares in the company, valued at approximately $275,994. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Christopher P. Kalnin purchased 2,500 shares of BKV stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average price of $18.00 per share, with a total value of $45,000.00. Following the completion of the purchase, the chief executive officer now directly owns 1,483,054 shares in the company, valued at $26,694,972. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased a total of 21,850 shares of company stock valued at $393,300 over the last ninety days.

BKV Company Profile

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.