Jefferies downgraded Berry Petroleum from Buy to Hold and set a new price target of $8.00 from $9.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/14/2023 | $9.00 | Overweight → Neutral | Piper Sandler |
| 7/17/2023 | $9.00 → $8.00 | Buy → Hold | Jefferies |
| 10/19/2022 | $10.00 | Buy | Jefferies |
| 4/7/2022 | $11.00 → $14.00 | Neutral → Overweight | Piper Sandler |
| 3/10/2022 | $10.00 → $11.00 | Neutral | Piper Sandler |
| 3/9/2022 | $11.00 → $12.00 | Overweight | Keybanc |
| 10/21/2021 | $10.00 → $11.00 | Overweight | Keybanc |
| 10/19/2021 | $9.00 → $10.00 | Overweight | Keybanc |
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. Quarterly Highlights Third quarter production averaged 24,800 BOE per day, with production increasing at the end of the quarter as additional wells were brought onlineAnnual 2024 production expected to reach the mid-po
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 Time Join the live listen-only audio webcast at https://edge.media-server.com/mmc/p/tysxczje or at https://bry.com/category/events If you would like to ask a question on the live call, p
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 outstanding under its RBL facility were $22 million, reflecting a reduction of approximately 57%, or $29 million, since the first quarter of 2024. This reduction included the final payment of $20 million made in July on the 2023 Macp
SC 13G/A - Berry Corp (bry) (0001705873) (Subject)
SC 13G/A - Berry Corp (bry) (0001705873) (Subject)
SC 13G/A - Berry Corp (bry) (0001705873) (Subject)
Piper Sandler downgraded Berry Petroleum from Overweight to Neutral and set a new price target of $9.00
Jefferies downgraded Berry Petroleum from Buy to Hold and set a new price target of $8.00 from $9.00 previously
Jefferies initiated coverage of Berry Petroleum with a rating of Buy and set a new price target of $10.00
4 - Berry Corp (bry) (0001705873) (Issuer)
3 - Berry Corp (bry) (0001705873) (Issuer)
4 - Berry Corp (bry) (0001705873) (Issuer)
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. Quarterly Highlights Third quarter production averaged 24,800 BOE per day, with production increasing at the end of the quarter as additional wells were brought onlineAnnual 2024 production expected to reach the mid-po
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 Time Join the live listen-only audio webcast at https://edge.media-server.com/mmc/p/tysxczje or at https://bry.com/category/events If you would like to ask a question on the live call, p
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 outstanding under its RBL facility were $22 million, reflecting a reduction of approximately 57%, or $29 million, since the first quarter of 2024. This reduction included the final payment of $20 million made in July on the 2023 Macp
10-Q - Berry Corp (bry) (0001705873) (Filer)
8-K - Berry Corp (bry) (0001705873) (Filer)
8-K - Berry Corp (bry) (0001705873) (Filer)
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. ConocoPhillips (NYSE:COP) On May 2, ConocoPhillips (NYSE:COP) reported downbeat earnings for its first quarter. ConocoPhillips pos
Berry Corp (NASDAQ:BRY) reported quarterly earnings of $0.14 per share which missed the analyst consensus estimate of $0.17 by 17.65 percent. The company reported quarterly sales of $131.111 million which missed the analyst consensus estimate of $175.533 million by 25.31 percent. This is a 48.58 percent decrease over sales of $254.969 million the same period last year.
Wednesday marks the last chance for investors to receive the next dividend payout from Berry Corp (NASDAQ:BRY). What's Happening The company announced on Wednesday that it would pay shareholders a quarterly dividend of 12 cents per share. On Thursday, Berry Corp will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 12 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own BRY as of the end of Wednesday's session are eligible to receive the 12 cents dividend pa