Equities Analysts Offer Predictions for BKV Q3 Earnings

BKV Corporation (NYSE:BKV) – Equities research analysts at KeyCorp issued their Q3 2024 EPS estimates for shares of BKV in a report issued on Monday, October 21st. KeyCorp analyst T. Rezvan forecasts that the company will post earnings per share of ($0.35) for the quarter. KeyCorp currently has a “Overweight” rating and a $23.00 target price on the stock. KeyCorp also issued estimates for BKV’s 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.

BKV has been the topic of a number of other reports. Barclays started coverage on BKV in a report on Monday. They set an “overweight” rating and a $24.00 target price on the stock. Citigroup began coverage on shares of BKV in a research report on Monday. They issued a “buy” rating and a $29.00 price objective on the stock. Evercore ISI initiated coverage on shares of BKV in a report on Monday. They set an “outperform” rating and a $24.00 target price for the company. Susquehanna assumed coverage on shares of BKV in a report on Tuesday. They issued a “positive” rating and a $24.00 price target on the stock. Finally, Jefferies Financial Group assumed coverage on BKV in a report on Monday. They set a “buy” rating and a $28.00 price objective for the company. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, BKV presently has an average rating of “Buy” and a consensus price target of $25.86.

BKV Price Performance

Shares of NYSE BKV opened at $18.13 on Wednesday. BKV has a twelve month low of $17.90 and a twelve month high of $18.88.

Insider Activity

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