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Lindsay B Larrick, Chief Legal and Admin Officer at BKV Corp (EXCHANGE:BKV), a $1.95 billion energy company that has shown strong revenue growth of ~14% over the last twelve months, sold 15,000 shares of common stock on October 1, 2025, according to a Form 4 filing with the Securities and Exchange Commission. According to InvestingPro analysis, while the company isn’t currently profitable, analysts expect positive earnings in 2025. The sales, executed under a pre-arranged 10b5-1 trading plan, totaled $347935.
The transactions involved two separate sales. The first sale involved 14,775 shares sold at a weighted average price of $23.1877, for a total value of $342507. The prices for these shares ranged from $22.7 to $23.68. The second sale consisted of 225 shares at a weighted average price of $23.722, for a total value of $5328. These shares were sold in multiple transactions at prices ranging from $23.72 to $23.74.
Following the transactions, Larrick directly owns 176,341 shares of BKV Corp.
In other recent news, BKV Corporation reported strong financial results for the second quarter of 2025, with earnings per share (EPS) of $0.39, exceeding market forecasts. The company also announced significant revenue of $322.04 billion, highlighting its robust financial performance. Additionally, BKV completed the acquisition of Bedrock Energy Partners’ Barnett Shale assets for approximately $370 million, expanding its natural gas production capabilities. The acquisition includes 97,000 net acres and midstream infrastructure, with about 63% of the acquired production consisting of natural gas.
In another development, BKV’s subsidiary, BKV Upstream Midstream, LLC, priced a private offering of $500 million in 7.500% senior notes due 2030, expected to close in late September 2025. The proceeds from this offering are intended to fund the cash portion of the Bedrock acquisition, repay part of the company’s outstanding borrowings, and cover related expenses. Mizuho has raised its price target for BKV Corp to $35, citing the company’s stronger-than-expected free cash flow performance. The firm maintains an Outperform rating on the stock, reflecting confidence in BKV’s financial outlook.
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