BKV Corp CFO Tameron David sells $2370 in stock

Published 01/07/2025, 17:52
BKV Corp CFO Tameron David sells $2370 in stock

BKV Corp (EXCHANGE:BKV) Chief Financial Officer Tameron David sold 100 shares of common stock on July 1, 2025, at a price of $23.70, for a total transaction value of $2370. The sale occurred near the stock’s current trading price of $22.95, with the company currently valued at $2 billion. According to InvestingPro analysis, BKV shows a FAIR overall financial health score.

Following the transaction, Tameron David directly owns 43,270 shares of BKV Corp. Additionally, Tameron David indirectly owns 300 shares through his son. While the company faces short-term liquidity challenges, analysts maintain a strong buy consensus with a potential 18% upside from current levels.

The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 12, 2024. Track insider transactions and access comprehensive analysis with InvestingPro, which offers detailed insights on 1,400+ US stocks.

In other recent news, BKV Corporation reported a strong financial performance for the first quarter of 2025, with adjusted earnings per share of $0.41, exceeding analyst expectations. The company reported revenue of $216.13 million, highlighting its effective operations in carbon capture and power generation. Citi analysts reaffirmed a Buy rating for BKV Corp stock, maintaining a price target of $29, following a visit to BKV’s Temple power plants and the new Barnett Zero carbon capture facility. The analysts noted the potential for increased utilization at the Temple facility, which could enhance operational efficiency. BKV’s strategic initiatives in carbon capture and power generation are advancing, with significant investments and partnerships, including a joint venture with Copenhagen Infrastructure Partners. The company is also focusing on expanding its carbon capture capabilities and enhancing its power generation segment. BKV’s upstream operations continue to show improved efficiency, contributing to lower break-even points and strong cash flow projected through 2026. Additionally, BKV maintains a low net leverage ratio, indicating strong financial health, and is well-positioned to capitalize on the growing demand for low-carbon energy solutions.

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