Berry Petroleum Corp.

Berry Corp. is an energy exploration company. The firm engages in the acquisition, exploration, development, and production of domestic oil and natural gas reserves. It also operates in California, Utah, and Colorado. The company was founded by C. J. Berry in 1909 and is headquartered in Dallas, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Berry Petroleum Corp. reports strong 2022 performance and strategic growth plans

Berry Petroleum Corp. showcased robust financial and operational performance in 2022, emphasizing shareholder returns and operational efficiencies. Despite facing regulatory hurdles and an expected production decline in 2023, the company remains focused on optimizing production and delivering value to shareholders.

Berry Petroleum Corp. reports solid Q1 results and plans investor returns

Berry Petroleum Corp. delivered Q1 results in line with expectations, focusing on shareholder returns and cost-saving measures.
Despite challenges from lower oil prices and higher expenses, Berry remains committed to optimizing production and maximizing shareholder value.
The company's strengths lie in its high-quality assets, strategic focus on acquisitions, and commitment to environmental and safety standards.
Opportunities in M&A, expansion in the California market, and service business growth position Berry for future value creation and market capture.

Berry Petroleum Corp. reports strong Q2 performance and growth outlook

Berry Petroleum Corp. delivered a strong performance in Q2 2023, with a focus on strategic execution and financial discipline.
The pending acquisition of Macpherson Energy is expected to drive free cash flow growth and align with the company's capital return strategy.
Despite potential challenges in integration and regulatory navigation, Berry remains confident in its ability to deliver value to shareholders and pursue growth opportunities.

Berry Petroleum Corp. reports robust Q3 earnings and eyes growth opportunities

Berry Petroleum Corp. delivered strong financial performance in Q3, driven by cost efficiencies and strategic acquisitions. The company is poised for growth through operational improvements and expansion into new markets.

Berry Petroleum Corp. reports robust Q4 performance and eyes growth opportunities

Berry Petroleum Corp.'s Q4 2023 earnings call highlighted a strong financial performance, operational excellence, and a focus on shareholder returns. The company's strategic approach to reservoir management, acquisitions, and cost reduction sets a positive trajectory for future growth and value creation.

Berry Petroleum Corp. reports robust Q1 performance amidst growth focus

Berry Petroleum Corp. delivered solid financial and operational performance in Q1 2024, emphasizing efficiency, growth, and sustainability.
While facing challenges like litigation and market dynamics, Berry remains focused on optimizing operations and seizing growth opportunities.
With a strategic roadmap for 2024 and a commitment to responsible practices, Berry is poised to navigate challenges and capitalize on industry trends.

Berry Petroleum Corp. reports strong Q2 earnings and eyes growth

Berry Petroleum Corp. delivered a robust performance in Q2 2024, driven by strong financial results and successful drilling activities. The company's focus on safety, environmental responsibility, and growth opportunities positions it well for sustainable success in the oil and gas sector.

Berry Petroleum Corp. reports robust Q3 performance and strategic growth plans

Berry Petroleum Corp.'s Q3 2024 Earnings Call showcased strong operational and financial performance, underpinned by successful initiatives and strategic planning. The company is navigating challenges while capitalizing on opportunities for growth and value creation in the energy sector.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Berry Corp. is an energy exploration company, which engages in the acquisition, exploration, development, and production of domestic oil and natural gas reserves. It operates through the Exploration and Production (E&P) and Well Servicing and Abandonment segments. The E&P segment consists of the development and production of onshore, low geologic risk, long-lived conventional oil and gas reserves, primarily located in California, as well as Utah. The Well Servicing and Abandonment segment is involved in the wellsite services in California to oil and natural gas production companies, with a focus on well servicing, well abandonment services and water logistics. The company was founded by C. J. Berry in 1909 and is headquartered in Dallas, TX.

Shares of Berry (bry) (NASDAQ:BRY) fell in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were down 233.33% over the past year to ($0.08), which beat the estimate of ($0.09).

Berry (bry): Q2 Earnings Insights

DALLAS, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry”, “bry” or the “Company”) announced that it will increase its quarterly common stock dividend to $0.06 per share beginning with the dividend declared by the Board of Directors for the third quarter of 2021.

Berry Corporation (bry) Reports Second Quarter 2021 Results and Announces Quarterly Dividend Increase

Berry Petroleum (BRY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Berry Petroleum (BRY) Expected to Beat Earnings Estimates: Should You Buy?

Clearway Energy

Home Depot

Williams-Sonoma

CWEN, BRY, HD, and WSM made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 12, 2021

Top Ranked Income Stocks to Buy for July 12th

DALLAS, July 01, 2021 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“bry” or the “Company”) today announced it will report its second quarter 2021 financial results on Tuesday, August 3, 2021, after the close of U.S. financial markets. It will host a conference call on Wednesday, August 4, 2021, to discuss these results. The conference call information is included below.

Berry Corporation (bry) To Report Second Quarter 2021 Results August 3; Hold Conference Call August 4

Berry Petroleum (BRY) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Strength Seen in Berry Petroleum (BRY): Can Its 5.2% Jump Turn into More Strength?

Berry Corporation (BRY) CEO Trem Smith on Q1 2021 Results - Earnings Call Transcript

Berry Petroleum (BRY) delivered earnings and revenue surprises of 600.00% and -23.89%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Berry Petroleum (BRY) Beats Q1 Earnings Estimates

DALLAS, May 04, 2021 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“bry” or the “Company”) today reported net loss of $21 million or $0.27 per diluted share and Adjusted Net Income(1) of $6 million or $0.07 per diluted share for the first quarter of 2021. The Board of Directors also declared a quarterly dividend of $0.04 per share for the second quarter of 2021.

Berry Corporation (bry) Reports Strong First Quarter 2021 Results on Improved Production, Lower Operating Costs, Gas Purchase Hedging Strategy and Higher Gas Sales; Declares Quarterly Dividend

Berry could generate over $100 million in positive cash flow in 2022 at $60 Brent. This would support a return to its old $0.12 per quarter dividend as well as leave funds for further debt reduction.

Berry Corporation: $60s Brent Could Lead To Considerable Free Cash Flow In 2022

Berry Petroleum (BRY) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Berry Petroleum (BRY) Moves 6.5% Higher: Will This Strength Last?

Novocure

Twitter

Cardlytics

Global Blood Therapeutics

OrganiGram Holdings Inc.

Synchrony Financial

Atlassian

YUM! Brands

With the trading day about halfway over, the broad markets were again somewhat mixed.

NovoCure, Synchrony, Twitter, Yum! and More Wednesday Afternoon Analyst Calls

DALLAS, April 12, 2021 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“bry” or the “Company”) today announced it will report its full first quarter 2021 financial results on Tuesday, May 4, 2021 after the close of U.S. financial markets. It will host a conference call on Wednesday, May 5, 2021 to discuss these results. The conference call information is included below. The Company also reported select preliminary first quarter 2021 results today in association with upcoming investor relations activities.

Berry Corporation (bry) To Report First Quarter 2021 Results May 4; Hold Conference Call May 5; Announces Select Preliminary First Quarter 2021 Results

Berry (BRY) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.

How Berry (BRY) Stock Stands Out in a Strong Industry

Does Berry Petroleum (BRY) have what it takes to be a top stock pick for momentum investors? Let's find out.

Berry Petroleum (BRY) Is Up 11.09% in One Week: What You Should Know

Berry is cash positive and has reinstated a small dividend.

Berry Corporation: Dodging The Red Queen's Edict In California

Chesapeake Energy

Cabot Oil & Gas

Vine Energy has filed to raise $100 million in an IPO, although the final figure may differ.

Vine Energy Seeks U.S. IPO For Nat Gas Production

Elevate Credit

Flexible Solutions

Telefonica SA

USD Partners

Most penny stocks are destined for bankruptcy. They have very poor fundamentals.

7 Penny Stocks That Have Good Fundamentals

As of late, it has definitely been a great time to be an investor in Berry Corporation (BRY).

Berry Corporation's (BRY) Shares March Higher, Can It Continue?

Berry Corporation (BRY) CEO Trem Smith on Q4 2020 Results - Earnings Call Transcript

Berry Petroleum (BRY) delivered earnings and revenue surprises of -26.67% and -54.51%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Berry Petroleum (BRY) Q4 Earnings and Revenues Miss Estimates

DALLAS, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) today reported fourth quarter and full-year 2020 results. For the full year Berry's net loss was $263 million, or $3.29 per diluted share, and Adjusted Net Income(1) was $45 million, or $0.56 per diluted share. For the fourth quarter the net loss was $64 million, or $0.80 per diluted share, and Adjusted Net Income(1) was $9 million, or $0.11 per diluted share. In addition, the Company's Board of Directors approved a first quarter dividend of $0.04 per share.

Berry Corporation (bry) Reports Fourth Quarter and Full-Year 2020 Results; Reinstates a Quarterly Dividend

Berry Corporation (BRY) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Moving Average Crossover Alert: Berry Corporation (BRY)

Berry is projected to generate $21 million in positive cash flow in 2021 despite hedging close to 60% of its production at $46 Brent. It also has the potential to add hedges at a more favorable price in 2022.

Berry Corporation: Solid Performance Expected With $50s Brent Oil

DALLAS, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ:BRY) (“Berry”) today announced it will report its fourth quarter and full-year 2020 financial results on Tuesday, February 23, 2021 after the close of U.S. financial markets.

News for Berry Petroleum Corp. Stock (BRY)