Berry Corporation (BRY)
| Market Cap | 291.60M |
| Revenue (ttm) | 806.73M |
| Net Income (ttm) | 83.56M |
| Shares Out | 76.94M |
| EPS (ttm) | 1.06 |
| PE Ratio | 3.56 |
| Forward PE | 9.02 |
| Dividend | $0.75 (19.79%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 1,601,170 |
| Open | 3.750 |
| Previous Close | 3.800 |
| Day's Range | 3.720 - 3.920 |
| 52-Week Range | 3.720 - 8.880 |
| Beta | 1.67 |
| Analysts | Hold |
| Price Target | 5.00 (+31.93%) |
| Earnings Date | Nov 7, 2024 |
About BRY
Berry Corporation operates as an independent upstream energy company in the western United States. It operates through Exploration and Production (E&P), and Well Servicing and Abandonment segments. The E&P segment engages in the development and production of onshore, low geologic risk, and long-lived conventional oil and gas reserves primarily located in California and Utah. The Well Servicing and Abandonment segment provides wellsite services in California to oil and natural gas production companies with a focus on well servicing, well abandon... [Read more]
Financial Performance
In 2023, Berry's revenue was $863.45 million, a decrease of -18.19% compared to the previous year's $1.06 billion. Earnings were $37.40 million, a decrease of -85.05%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for BRY stock is "Hold" and the 12-month stock price forecast is $5.0.
News
Berry Corporation Addresses Its Debt Maturities With A High Interest Rate Term Loan
Berry successfully addressed its near-term debt maturities. Its new term loan may mature in late 2029 if extended. The term loan has a high interest rate of Term SOFR + 7.5%, though.
Berry Corporation (BRY) Q3 2024 Earnings Call Transcript
Berry Corporation (BRY) Q3 2024 Earnings Call Transcript
Berry Corporation Reports Third Quarter 2024 Results
Refinances Debt, Announces Uinta Basin Opportunities, and Declares Quarterly Dividend Refinances Debt, Announces Uinta Basin Opportunities, and Declares Quarterly Dividend
Berry Corporation to Report Third Quarter 2024 Results and Hold Conference Call November 7
DALLAS, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Berry Corporation (NASDAQ: BRY) (“Berry” or the “Company”) today announced it will report third quarter 2024 results on Thursday, November 7, 2024, before the...
Berry Corporation: Appears To Have Some Upside Despite Debt Maturity Risks
Berry's 2026 notes mature in 14.5 months, while its credit facility matures in 11 months. Berry may be able to refinance its notes at a higher interest rate. Assuming that it can manage its debt matur...
Berry Corporation Reaffirms a Strong Liquidity Position, Balance Sheet Strength, and Ongoing Free Cash Flow Generation
DALLAS, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) is reaffirming its strong liquidity position consisting of $94 million of available borrowing...
Correction Notice to Press Release Issued August 9, 2024, Regarding Dividend Record Date and Payment Date
DALLAS, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) announced that its press release issued under the headline “Berry Corporation Reports Second ...
Berry Corporation (BRY) Q2 2024 Earnings Call Transcript
Berry Corporation (NASDAQ:BRY) Q2 2024 Earnings Conference Call August 9, 2024 8:30 AM ET Company Participants Todd Crabtree - Investor Relations Fernando Araujo - Chief Executive Officer & Director ...
Berry Corporation Reports Second Quarter 2024 Financial and Operating Results
Highlights Strong Operational and Financial Performance and Declares Quarterly Dividends Highlights Strong Operational and Financial Performance and Declares Quarterly Dividends
Berry Corporation to Report Second Quarter 2024 Results and Hold Conference Call August 9
DALLAS, July 30, 2024 (GLOBE NEWSWIRE) -- Berry Corporation (NASDAQ: BRY) (“Berry” or the “Company”) today announced it will report second quarter 2024 results on Friday, August 9, 2024, before the op...
Top 2 Energy Stocks That May Rocket Higher This Month - ConocoPhillips (NYSE:COP)
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Berry Corporation (BRY) Q1 2024 Earnings Call Transcript
Berry Corporation (NASDAQ:BRY) Q1 2024 Earnings Conference Call May 1, 2024 11:00 AM ET Company Participants Todd Crabtree - Manager of Investor Relations Fernando Araujo - Chief Executive Officer & ...
Berry Corporation Reports First Quarter 2024 Financial and Operating Results, Declares Dividend
DALLAS, May 01, 2024 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) announced first quarter 2024 results and declared a fixed dividend. The details for today's ea...
Berry Corporation to Report First Quarter 2024 Results and Hold Conference Call May 1
DALLAS, April 03, 2024 (GLOBE NEWSWIRE) -- Berry Corporation (NASDAQ: BRY) (“Berry” or the “Company”) today announced it will report first quarter 2024 results on Wednesday, May 1, 2024, before the op...
Berry Corporation (BRY) Q4 2023 Earnings Call Transcript
Berry Corporation (NASDAQ:BRY) Q4 2023 Results Conference Call March 6, 2024 11:00 AM ET Company Participants Todd Crabtree - Manager of Investor Relations Fernando Araujo - CEO & Director Michael He...
Berry Corporation Reports Fourth Quarter and Full Year 2023 Financial Results
DALLAS, March 06, 2024 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) announced fourth quarter and full-year 2023 results. For the fourth quarter 2023, Berry's ne...
Berry Corporation: A Look At Valuations After A Solid End To 2023
Berry Corporation's 2023 production ended up 200 BOEPD above the midpoint of its full-year guidance. It also reduced its debt by $25 million in Q4 2023 despite making a minor acquisition in December 2...
Berry Corporation Releases Select Preliminary 2023 Results and Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call for March 6
DALLAS, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Berry Corporation (NASDAQ: BRY) (“Berry”, or the “Company”) today announced select preliminary full year 2023 production and year-end proved reserves data. Th...
Will These Dividends Up To 19% Collapse Under Their Own Weight?
As we return Mariah Carey to the ocean depths for another year, we turn our attention to our next seasonal siren—double-digit dividend stocks.
Berry Corporation: Q4 Should Benefit From A Full Quarter From Macpherson Assets
Berry averaged 25,300 BOEPD in Q3 2023 production, along with generating $35 million in adjusted free cash flow. Berry's Macpherson acquisition may have contributed around 300 BOEPD in Q3 production w...
Berry Corporation (BRY) Q3 2023 Earnings Call Transcript
Berry Corporation (NASDAQ:BRY) Q3 2023 Earnings Conference Call November 1, 2023 11:00 AM ET Company Participants Todd Crabtree - Head, IR Fernando Araujo - CEO Mike Helm - VP, CFO & CAO Conference C...
Berry Corporation Reports Third Quarter 2023 Results
DALLAS, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) announced third quarter 2023 results, including net loss of $45 million or $0.60 per diluted ...
Berry Corporation to Report Third Quarter 2023 Results and Hold Conference Call November 1
DALLAS, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) today announced it will report its third quarter 2023 financial results on Wednesday, Novembe...
Berry Corporation: Projected To Generate $86 Million In H2 2023 Free Cash Flow
Berry is now projected to generate $86 million in free cash flow in 2H 2023. It has around 60% of its 2H 2023 oil production and close to 50% of its 2024 oil production hedged with swaps. Berry has re...
Berry Corporation Completes Acquisition of Macpherson Energy Corporation, Updates Annual Guidance
DALLAS, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) announced today that it has successfully completed the acquisition of Macpherson Energy Corp...