BKV (BKV) to Release Earnings on Friday

BKV (NYSE:BKV - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data 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 - Get Free Report) last released its 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 during the quarter, compared to analyst estimates 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 Performance

Shares of NYSE:BKV traded up $0.21 on Wednesday, reaching $18.28. 402,458 shares of the company were exchanged, compared to its average volume of 462,788. BKV has a 1-year low of $15.00 and a 1-year high of $26.78. The company has a 50-day moving average of $18.75 and a 200-day moving average of $21.08.

Insider Activity

In related news, insider Lindsay B. Larrick sold 15,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $21.07, for a total value of $316,050.00. Following the sale, the insider now directly owns 245,528 shares of the company's stock, valued at approximately $5,173,274.96. This trade represents a 5.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ethan Ngo sold 21,667 shares of the business's stock in a transaction that occurred on Thursday, April 3rd. The shares were sold at an average price of $20.09, for a total transaction of $435,290.03. Following the completion of the sale, the insider now owns 286,008 shares of the company's stock, valued at approximately $5,745,900.72. The trade was a 7.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 67,743 shares of company stock valued at $1,330,777 over the last 90 days.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. KeyCorp decreased their price target on BKV from $27.00 to $25.00 and set an "overweight" rating on the stock in a research note on Tuesday, March 4th. Truist Financial lowered their target price on BKV from $31.00 to $30.00 and set a "buy" rating on the stock in a report on Monday, March 17th. Finally, Barclays cut 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. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of $27.75.

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.