BKV (BKV) Projected to Post Quarterly Earnings on Friday

BKV (NYSE:BKV) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Friday, May 9th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $223.20 million for the quarter.

BKV (NYSE:BKV) last posted its quarterly earnings results on Wednesday, February 26th. The company reported $0.01 EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.11. The business had revenue of $119.78 million for the quarter, compared to the consensus estimate of $183.77 million. On average, analysts expect BKV to post $-2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

BKV Stock Down 0.2 %

NYSE BKV opened at $18.10 on Friday. BKV has a twelve month low of $15.00 and a twelve month high of $26.78. The business has a 50-day moving average price of $18.99 and a 200-day moving average price of $21.08.

Wall Street Analyst Weigh In

Several research analysts have weighed in on BKV shares. Barclays dropped their price target on BKV from $30.00 to $28.00 and set an “overweight” rating for the company in a research note on Wednesday, April 23rd. KeyCorp cut their target price on shares of BKV from $27.00 to $25.00 and set an “overweight” rating for the company in a research note on Tuesday, March 4th. Finally, Truist Financial dropped their price objective on shares of BKV from $31.00 to $30.00 and set a “buy” rating for the company in a report on Monday, March 17th. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, BKV presently has an average rating of “Buy” and an average price target of $27.75.

Insiders Place Their Bets

In other news, insider Ethan Ngo sold 21,667 shares of the firm’s stock in a transaction that occurred on Thursday, April 3rd. The stock was sold at an average price of $20.09, for a total value of $435,290.03. Following the completion of the sale, the insider now directly owns 286,008 shares of the company’s stock, valued at $5,745,900.72. This trade represents a 7.04 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO David Tameron sold 5,000 shares of BKV stock in a transaction that occurred on Thursday, April 3rd. The stock was sold at an average price of $20.03, for a total value of $100,150.00. Following the completion of the transaction, the chief financial officer now owns 47,779 shares of the company’s stock, valued at approximately $957,013.37. This trade represents a 9.47 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 41,667 shares of company stock valued at $851,490 in the last three months.

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.