BKV (NYSE:BKV) Coverage Initiated by Analysts at Barclays

Research analysts at Barclays started coverage on shares of BKV (NYSE:BKV) in a report issued on Monday, MarketBeat.com reports. The firm set an “overweight” rating and a $24.00 price target on the stock. Barclays‘s price objective indicates a potential upside of 30.72% from the stock’s current price.

BKV Stock Down 0.7 %

Shares of BKV opened at $18.36 on Monday. BKV has a 52 week low of $17.90 and a 52 week high of $18.88.

Insider Activity

In related news, CFO John T. Jimenez purchased 16,500 shares of the business’s stock in a transaction dated Friday, September 27th. The shares were bought at an average price of $18.00 per share, with a total value of $297,000.00. Following the purchase, the chief financial officer now directly owns 273,274 shares in the company, valued at $4,918,932. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. In related news, CFO John T. Jimenez purchased 16,500 shares of the business’s stock in a transaction dated Friday, September 27th. The shares were bought at an average price of $18.00 per share, with a total value of $297,000.00. Following the purchase, the chief financial officer now directly owns 273,274 shares in the company, valued at $4,918,932. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, CEO Christopher P. Kalnin purchased 2,500 shares of the business’s stock in a transaction dated Friday, September 27th. The stock was 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 ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased a total of 21,850 shares of company stock valued at $393,300 in the last 90 days.

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.