reports
Berry Corporation Reaffirms a Strong Liquidity Position, Balance Sheet...
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 capacity under its reserve-based lending (“RBL”) facility and $11 million of cash as of August 23, 2024, as well as its expectation of significant free cash flow generation continuing during the second half of 2024. As of August 23, 2024, the Company’s borrowings outstandin...
Correction Notice to Press Release Issued August 9, 2024, Regarding Di...
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 Quarter 2024 Financial and Operating Results” on August 9, 2024, was changed only to correct the record date and payment date for the dividends on its outstanding common stock set forth under the heading “Quarterly Dividends.” The dividend amounts have not changed. The dividends will be p...
Berry Corporation Reports Second Quarter 2024 Financial and Operating ...
Berry Corporation Reports Second Quarter 2024 Financial and Operating Results Highlights Strong Operational and Financial Performance and Declares Quarterly Dividends DALLAS, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) announced second quarter 2024 results and declared quarterly dividends totaling $0.17 per share. The details for today’s earnings call and webcast are listed below. Quarterly Highlights & Recent Announcements Produced 25,300 Boe/d, flat to first quarter; above the midpoint of 2024 annual guidance of 25,200 boe/dCos...
Berry Corporation to Report Second Quarter 2024 Results and Hold Confe...
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 open of U.S. financial markets and will host a conference call and webcast that morning to discuss these results; details and links are provided below. Earnings Call Information Call Date: Friday, August 9, 2024 Call Time: 8:30 am a.m. Easter...
Moody's Ratings revises Berry's outlook to negative; affirms B3 rating...
Moody's Ratings (Moody's) revised the outlook of Berry Petroleum Company, LLC (Berry) to negative from stable and affirmed its existing ratings, including B2 Corporate Family Rating (CFR), B2-PD Probability of Default rating (PDR) and B3 senior unsecured notes rating. The SGL-3 Speculative Grade Liq...
Berry Corporation Reports First Quarter 2024 Financial and Operating R...
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 earnings call and webcast are listed below. Quarterly Highlights & Recent Announcements Produced 25,400 boe/d, above the midpoint of 2024 annual guidance of 25,200 boe/dDeclared first quarter fixed dividends of $0.12 per shareAcquired all necessary 2024 California G...
Berry Corporation to Report First Quarter 2024 Results and Hold Confer...
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 open of U.S. financial markets and will host a conference call and webcast that morning to discuss these results; details and links are provided below. Earnings Call Information Call Date:Wednesday, May 1, 2024Call Time:11:00 a.m. Eastern Time / 10:00 a.m. Central Time / 8:00 a.m. Pacific Time Join the live...
Berry Corporation Reports Fourth Quarter and Full Year 2023 Financial ...
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 net income was $63 million, or $0.81 per diluted share, Adjusted Net Income(1) was $10 million, or $0.13 per diluted share, and cash flows from operating activities were $79 million. For the full year 2023, Berry's net income was $37 million, or $0.48 per diluted share, Adjusted Net Income(1) was $39 million, or $0.51...
Berry Corporation Releases Select Preliminary 2023 Results and Schedul...
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. The Company also reported that it completed a small scale, all cash bolt-on acquisition at year-end 2023 in line with corporate strategy, while reducing revolver debt in the fourth quarter 2023. The Company also scheduled its fourth quarter ...
Berry Corporation Reports Third Quarter 2023 Results
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 share, Adjusted Net Income(1) of $12 million or $0.15 per diluted share, cash flow from operating activities of $55 million and Adjusted EBITDA(1) of $70 million. Quarterly Highlights Produced 25,300 boe/d, higher than first half 2023, ~30% lower than planned annual capital expendituresGenerated Adjusted EBITDA (1) of $70 million and Adj...
Berry Corporation to Report Third Quarter 2023 Results and Hold Confer...
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, November 1, 2023, before the open of U.S. financial markets and host a conference call later that morning to discuss these results. Earnings Call Information Call Date: Wednesday, November 1, 2023Call Time: 11:00 a.m. Eastern Time / 10:00 a.m. Central Time / 8:00 a.m. Pacific Time Join the liv...
Berry Corporation Completes Acquisition of Macpherson Energy Corporati...
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 Corporation, a privately held Kern County, California operator, previously announced in June. The Company has also updated its guidance for the full-year 2023 in connection with the acquisition. “Macpherson’s high-quality, low decline oil producing properties are a complementary fit with Ber...
Berry Corporation Reports Second Quarter 2023 Results
Berry Corporation Reports Second Quarter 2023 Results DALLAS, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) announced second quarter 2023 results, including net income of $26 million or $0.33 per diluted share, Adjusted Net Income(1) of $12 million or $0.15 per diluted share, cash flow from operating activities of $63 million and Adjusted EBITDA(1) of $69 million. Quarterly Highlights Generated Adjusted EBITDA(1) of $69 million and Adjusted Free Cash Flow(1) of $34 millionDelivered strong operational results, with...
Berry Corporation Announces Acquisition of Macpherson Energy Corporati...
Berry Corporation Announces Acquisition of Macpherson Energy Corporation Attractively Priced Acquisition of Oil Producing Assets Reflects Disciplined Capital Returns Strategy to Deliver Enhanced Free Cash Flow DALLAS, July 17, 2023 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) announced today that it has executed a definitive agreement to acquire Macpherson Energy Corporation, a privately held Kern County, California operator, for $70 million in cash, subject to customary purchase price adjustments. The transaction is structured such that $50 mill...
Berry Corporation (bry) to Report Second Quarter 2023 Results and Hold...
Berry Corporation (bry) to Report Second Quarter 2023 Results and Hold Conference Call August 2 DALLAS, July 03, 2023 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) today announced it will report its second quarter 2023 financial results on Wednesday, August 2, 2023, before the open of U.S. financial markets and host a conference call later that morning to discuss these results. Earnings Call Information Call Date:Wednesday, August 2, 2023Call Time:11:00 a.m. Eastern Time / 10:00 a.m. Central Time / 8:00 a.m. Pacific Time Join the live listen-only ...
Berry Corporation (bry) Reports First Quarter 2023 Results
Berry Corporation (bry) Reports First Quarter 2023 Results DALLAS, May 03, 2023 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) announced first quarter 2023 results, including a net loss of $6 million or $0.08 per diluted share, Adjusted Net Income(1) of $5 million or $0.07 per diluted share, and Adjusted EBITDA(1) of $59 million. Quarterly Highlights Reported Adjusted EBITDA(1) of $59 millionDeclared first quarter fixed dividends of $0.12 per share, double the quarterly rate from prior yearOn track to generate 2023 shareholder returns of about ...
Berry Corporation (bry) To Report First Quarter 2023 Results and Hold ...
Berry Corporation (bry) To Report First Quarter 2023 Results and Hold Conference Call May 3 DALLAS, April 04, 2023 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“bry” or the “Company”) today announced it will report its first quarter 2023 financial results on Wednesday, May 3, 2023, before the open of U.S. financial markets and host a conference call later that morning to discuss these results. Earnings Call Information Call Date:Wednesday, May 3, 2023 Call Time:11:00 a.m. Eastern Time / 10:00 a.m. Central Time / 8:00 a.m. Pacific Time Join the live listen-only audi...
Berry Corporation (bry) Reports Fourth Quarter and Full Year 2022 Fina...
Berry Corporation (bry) Reports Fourth Quarter and Full Year 2022 Financial Results, Including 2022 Shareholder Returns of $189 Million; Doubles Fixed Dividend for 2023 DALLAS, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) today reported fourth quarter and full-year 2022 results. For the fourth quarter Berry’s net income was $72 million, or $0.90 per diluted share, and Adjusted Net Income(1) was $76 million, or $0.95 per diluted share. For the full year Berry's net income was $250 million, or $3.03 per diluted share, Adjusted Net Income...
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