Nucor earnings beat by $0.08, revenue fell short of estimates
DENVER—Larrick Lindsay (NYSE:LNN) B, the Chief Legal and Administrative Officer of BKV Corp (NASDAQ:BKV), recently executed a significant stock transaction. On May 9, 2025, Lindsay sold 15,000 shares of BKV Corp’s common stock at a price of $20 per share, totaling $300,000. Following this sale, Lindsay holds 230,528 shares directly. The stock, which has seen a strong 14% rally over the past week, currently trades at $21.91. According to InvestingPro data, analysts maintain a bullish outlook with price targets ranging from $20 to $33.
The transaction was conducted under a Rule 10b5-1 trading plan, which was adopted on November 22, 2024. Such plans allow company insiders to set up a predetermined schedule for selling stocks to avoid any allegations of insider trading. While BKV’s recent performance shows promise, with analysts projecting profitability this year, deeper insights into insider trading patterns and 7 additional key metrics are available through InvestingPro’s comprehensive research reports.
In other recent news, BKV Corporation reported a notable first-quarter earnings for 2025, surpassing market expectations with an adjusted earnings per share (EPS) of $0.41. The company also achieved a revenue of $216.13 million, showcasing strong operational performance. BKV highlighted significant investments and partnerships in carbon capture and power generation, including a joint venture with Copenhagen Infrastructure Partners. The company reported a net loss of $79 million but had an adjusted net income of $35 million, reflecting effective cost management. BKV’s financial health is underscored by a low net leverage ratio and positive adjusted free cash flow of $6 million. The company’s power joint venture contributed $10 million to its adjusted EBITDAX, with expectations to increase its impact on the full-year results. Analysts from firms like Citigroup (NYSE:C) and KeyBanc Capital Markets raised questions about BKV’s capital expenditure and production growth, indicating ongoing interest in the company’s strategic direction. These developments illustrate BKV’s proactive approach to expanding its carbon capture capabilities and enhancing power generation operations.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.