BKV Corp’s chief legal officer sells $216,484 in stock

In a recent transaction, Larrick Lindsay (NYSE:LNN) B, the Chief Legal and Administrative Officer of BKV Corp (NASDAQ:BKV), sold 10,000 shares of the company’s common stock. The sale, executed on June 2, 2025, was carried out under a pre-established Rule 10b5-1 trading plan. The transaction comes as BKV, currently valued at $1.83 billion, shows strong momentum with a 20% return over the past year. According to InvestingPro data, analysts maintain a strong buy consensus with price targets ranging from $24 to $33. The shares were sold at a weighted average price of $21.6485, with prices ranging from $21.4050 to $21.8750. Following this transaction, Lindsay retains ownership of 220,528 shares. While the company is not currently profitable, InvestingPro analysis indicates analysts expect BKV to achieve profitability this year. Get access to 6 more exclusive InvestingPro Tips and a comprehensive Pro Research Report for deeper insights into BKV’s financial health and future prospects.

In other recent news, BKV Corporation reported an impressive performance for the first quarter of 2025, exceeding analyst expectations with adjusted earnings per share (EPS) of $0.41 and a revenue of $216.13 million. This financial success underscores the company’s strong operational execution and strategic initiatives in carbon capture and power generation. BKV also maintains a low net leverage ratio, indicating robust financial health. Citi analysts have reiterated a Buy rating for BKV Corp, setting a price target of $29, following a visit to the company’s Temple power plants and the new Barnett Zero carbon capture facility. The analysts highlighted the potential for a long-term power purchase agreement that could increase utilization without additional investment. BKV’s strategic partnerships, including a joint venture with Copenhagen Infrastructure Partners, further emphasize its commitment to innovation and sustainability. The company continues to make strides in its carbon capture and power generation segments, advancing significant investments and partnerships. BKV’s upstream operations show improved efficiency, contributing to lower break-even points and unique growth potential in both power and carbon capture sectors.

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