Barclays Initiates Coverage on BKV (NYSE:BKV)

Barclays began coverage on shares of BKV (NYSE:BKV) in a report issued on Monday, Marketbeat reports. The firm set an “overweight” rating and a $24.00 price target on the stock. Barclays‘s target price would indicate a potential upside of 30.72% from the company’s current price.

BKV Trading Down 0.7 %

NYSE BKV opened at $18.36 on Monday. BKV has a 1-year low of $17.90 and a 1-year high of $18.88.

Insider Transactions at BKV

In other BKV news, CFO John T. Jimenez bought 16,500 shares of BKV stock in a transaction dated Friday, September 27th. The shares were acquired at an average cost of $18.00 per share, with a total value of $297,000.00. Following the acquisition, 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other BKV news, CFO John T. Jimenez bought 16,500 shares of BKV stock in a transaction dated Friday, September 27th. The shares were acquired at an average cost of $18.00 per share, with a total value of $297,000.00. Following the acquisition, 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Mary Rita Valois bought 2,000 shares of BKV stock in a transaction dated 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 in the company, valued at $275,994. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired 21,850 shares of company stock valued at $393,300 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.