reports
Berry Corporation Strengthens Executive Leadership Team with Appointme...
Berry Corporation Strengthens Executive Leadership Team with Appointment of General Counsel DALLAS, April 14, 2025 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) today announced the appointment of Jenarae Garland as Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer, effective immediately. Ms. Garland brings with her a wealth of industry experience, having served as a key strategic legal partner to executive leadership teams and boards of major energy corporations, including advising on capital markets and commercial and...
Berry Corporation Reports Fourth Quarter and Full Year 2024 Financial ...
Berry Corporation Reports Fourth Quarter and Full Year 2024 Financial and Operational Results, Year-End Reserves and 2025 Outlook DALLAS, March 12, 2025 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) today announced financial and operating results for the fourth quarter and full year 2024, as well as a quarterly cash dividend of $0.03 per share. Berry has provided a supplemental slide deck on its results, which can be found at The Company plans to host a conference call and webcast to discuss its fourth quarter and full year 2024 results, as well as ...
Berry Corporation Announces Date for Fourth Quarter and Full Year 2024...
Berry Corporation Announces Date for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call/Webcast DALLAS, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Berry Corporation (NASDAQ: BRY) (“Berry” or the “Company”) today announced it will report fourth quarter and full year 2024 results on Wednesday, March 12, 2025, after the close of U.S. financial markets and will host a conference call and webcast Thursday morning, March 13, 2025, to discuss these results; details and links are provided below. Earnings Call Information Call Date: Thursday, March 13, 2025Call Time:11:00 a.m. Eastern ...
Moody's Ratings assigns B3 rating to Berry's term loan, stable outlook
Moody's Ratings (Moody's) assigned a B3 corporate family rating (CFR) and a B3-PD probability of default rating (PDR) to Berry Corporation (bry) (Berry). At the same time, we assigned a B3 backed senior secured rating to the company's new $450 million term loan and $32 million delayed draw term loan...
Berry Corporation Announces Finance Team Leadership Changes
Berry Corporation Announces Finance Team Leadership Changes DALLAS, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) today announced the appointment of Jeff Magids as the Company’s Vice President, Chief Financial Officer, effective January 21, 2025. Mike Helm will continue in his position as Vice President, Chief Accounting Officer. Jeff’s extensive experience, including in finance, capital markets and M&A, enhances the Company’s financial and strategic leadership capabilities and underscores the Company’s focus on delivering sustainable, ...
Berry Corporation Announces Successful Completion of Refinancing Trans...
Berry Corporation Announces Successful Completion of Refinancing Transactions, Extending Debt Maturities DALLAS, Dec. 26, 2024 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) announced the closing of a comprehensive refinancing of its existing indebtedness on December 24, 2024 (the “Transactions”), providing the Company with capital and liquidity to continue progressing Berry’s corporate strategy: Ensuring capital and liquidity to execute on the Company’s development plans including unlocking the significant upside potential in Utah to drive long-term...
Berry Corporation Reports Third Quarter 2024 Results
Berry Corporation Reports Third Quarter 2024 Results Refinances Debt, Announces Uinta Basin Opportunities, and Declares Quarterly Dividend DALLAS, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) today reported third quarter 2024 results and quarterly fixed dividends totaling $0.03 per share. The Company also announced entry into a new $545 million term loan facility that will enable the successful completion of a transformative debt refinancing. The details for today’s earnings call, also accessible by webcast, are listed below. ...
Berry Corporation to Report Third Quarter 2024 Results and Hold Confer...
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 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:Thursday, November 7, 2024Call Time:11:00 am a.m. Eastern Time / 10:00 a.m. Central Time / 8:00 a.m. Pacific...
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...
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