Berry Corporation, an independent upstream energy company, engages in the development and production of conventional oil reserves located in the western United States. The company's properties are located in the San Joaquin and Ventura basins, California; Uinta basin, Utah; and Piceance basin, Colorado. As of December 31, 2020, it had a total of 3,763 net producing wells. The company was formerly known as Berry Petroleum Corporation and changed its name to Berry Corporation in February 2020. Berry Corporation was founded in 1909 and is headquartered in Dallas, Texas.
IPO Year: 2018
Exchange: NASDAQ
Website: bry.com
| 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 |
| 10/14/2021 | $8.00 → $9.00 | Overweight | Keybanc |
| 10/4/2021 | $16.00 | Buy → Accumulate | Johnson Rice |
DALLAS, May 08, 2025 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ:BRY) ("Berry" or the "Company") today announced its financial and operational results for the first quarter of 2025, as well as a quarterly cash dividend of $0.03 per share. Berry has provided a supplemental slide deck summarizing these results, which can be found at www.bry.com. The Company plans to host a conference call and webcast to discuss its first quarter 2025 results and latest 2025 outlook, at 10:00 a.m. CT, Thursday, May 8, 2025; access details can be found in this release. First Quarter 2025 Highlights Reaffirmed FY25 guidance due to favorable hedge pos
Join us as we celebrate three decades of bringing together the energy industry's companies, investors, analysts, and industry leaders! Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference featuring a broad group of public and private energy companies at www.enercomdenver.com A robust list of companies has confirmed their participation, and more are being added daily Sponsorship opportunities are available for companies seeking to increase marketplace and brand awareness through EnerCom's multi-digital approach before, during, and after each event DENVER, April 29, 2025 /PRNewswire/ -- EnerCom, Inc. today opened registration for its 30th annual EnerCo
DALLAS, April 23, 2025 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ:BRY) ("Berry" or the "Company") today provided an update on its hedge and liquidity position, further bolstering the Company's financial strength and visibility in the current commodity price environment. The Company raised the average hedged price in 2026 and 2027 by $6 per barrel on 2.3 MBbls/d. The Company's oil volumes are 73% hedged for the remainder of 2025 and 63% hedged for 2026, based on the midpoint of Berry's full year 2025 oil production guidance. Berry's latest hedge information is included in its current investor presentation available on the Company's website at www.bry.com. Fernando Araujo, Berry's
DALLAS, April 17, 2025 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ:BRY) ("Berry" or the "Company") today announced it will report first quarter 2025 results on Thursday, May 8, 2025, before the open of U.S. financial markets and will host a conference call and webcast Thursday morning, May 8, 2025, to discuss these results; details and links are provided below: Earnings Call Information Call Date: Thursday, May 8, 2025Call 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/2swb49hy or at https://bry.com/category/events Participant Dial-in To ask a question on the call,
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 strategic transactions. Fernando Araujo, Berry's Chief Executive Officer, commented, "We are excited to welcome Jenarae to our executive leadership team during this pivotal time for our business
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 www.bry.com. The Company plans to host a conference call and webcast to discuss its fourth quarter and full year 2024 results, as well as its 2025 outlook, at 10:00 a.m. CT, Thursday, March 13, 2025. Details can be found in this release. Full Year 2024 Highlights Delivered results better than the midpoint of guidance on production, operational expenses
EnerCom Denver – The Energy Investment Conference will celebrate 30 years of bringing together the broader energy sector, including companies, investors, analysts, and industry leaders! Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER, March 4, 2025 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce a robust list of companies have already confirmed their attendance for the 30th annual EnerCom Denver – The Energy Investment Conference to be held August 17-20, 2025, at the Westin Downtown Denver. EnerCom Denver
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 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/jocmjm36 or at https://bry.com/category/events If you would like to ask a question
HOUSTON and TUPELO, Miss., Jan. 21, 2025 /PRNewswire/ -- Cadence Bank (NYSE:CADE) today announced the appointment of Fernando Araujo and Alice Rodriguez to its board of directors, effective Jan. 17, 2025. Araujo and Rodriguez join the board as independent directors. Araujo is an accomplished executive with more than 30 years of experience in all aspects of oil and gas upstream operations. He has served as the chief executive officer of Berry Corporation (NASDAQ:BRY), a company engaged in the safe and responsible development and production of conventional oil reserves in the We
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, long-term growth and value creation. "I am excited to welcome Jeff to the team. His experience is well aligned with our strategy and will help drive us forward as
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
Piper Sandler upgraded Berry Petroleum from Neutral to Overweight and set a new price target of $14.00 from $11.00 previously
Piper Sandler reiterated coverage of Berry (bry) with a rating of Neutral and set a new price target of $11.00 from $10.00 previously
Keybanc reiterated coverage of Berry (bry) with a rating of Overweight and set a new price target of $12.00 from $11.00 previously
Keybanc reiterated coverage of Berry (bry) with a rating of Overweight and set a new price target of $11.00 from $10.00 previously
Keybanc reiterated coverage of Berry (bry) with a rating of Overweight and set a new price target of $10.00 from $9.00 previously
Keybanc reiterated coverage of Berry (bry) with a rating of Overweight and set a new price target of $9.00 from $8.00 previously
Johnson Rice downgraded Berry (bry) from Buy to Accumulate and set a new price target of $16.00
4 - Berry Corp (bry) (0001705873) (Issuer)
3 - Berry Corp (bry) (0001705873) (Issuer)
4 - Berry Corp (bry) (0001705873) (Issuer)
4 - Berry Corp (bry) (0001705873) (Issuer)
4 - Berry Corp (bry) (0001705873) (Issuer)
4 - Berry Corp (bry) (0001705873) (Issuer)
4 - Berry Corp (bry) (0001705873) (Issuer)
4 - Berry Corp (bry) (0001705873) (Issuer)
4 - Berry Corp (bry) (0001705873) (Issuer)
4 - Berry Corp (bry) (0001705873) (Issuer)
10-Q - Berry Corp (bry) (0001705873) (Filer)
8-K - Berry Corp (bry) (0001705873) (Filer)
SCHEDULE 13G/A - Berry Corp (bry) (0001705873) (Subject)
8-K - Berry Corp (bry) (0001705873) (Filer)
DEFA14A - Berry Corp (bry) (0001705873) (Filer)
DEF 14A - Berry Corp (bry) (0001705873) (Filer)
424B5 - Berry Corp (bry) (0001705873) (Filer)
10-K - Berry Corp (bry) (0001705873) (Filer)
8-K - Berry Corp (bry) (0001705873) (Filer)
8-K - Berry Corp (bry) (0001705873) (Filer)
DALLAS, May 08, 2025 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ:BRY) ("Berry" or the "Company") today announced its financial and operational results for the first quarter of 2025, as well as a quarterly cash dividend of $0.03 per share. Berry has provided a supplemental slide deck summarizing these results, which can be found at www.bry.com. The Company plans to host a conference call and webcast to discuss its first quarter 2025 results and latest 2025 outlook, at 10:00 a.m. CT, Thursday, May 8, 2025; access details can be found in this release. First Quarter 2025 Highlights Reaffirmed FY25 guidance due to favorable hedge pos
DALLAS, April 17, 2025 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ:BRY) ("Berry" or the "Company") today announced it will report first quarter 2025 results on Thursday, May 8, 2025, before the open of U.S. financial markets and will host a conference call and webcast Thursday morning, May 8, 2025, to discuss these results; details and links are provided below: Earnings Call Information Call Date: Thursday, May 8, 2025Call 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/2swb49hy or at https://bry.com/category/events Participant Dial-in To ask a question on the call,
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 www.bry.com. The Company plans to host a conference call and webcast to discuss its fourth quarter and full year 2024 results, as well as its 2025 outlook, at 10:00 a.m. CT, Thursday, March 13, 2025. Details can be found in this release. Full Year 2024 Highlights Delivered results better than the midpoint of guidance on production, operational expenses
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 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/jocmjm36 or at https://bry.com/category/events If you would like to ask a question
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 shareholder valueExtending the Company's debt maturities enables Berry to execute on strategic growth opportunities that provide scale and geographic diversificationSustaining production at current levels whi
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
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 payable on August 30, 2024, to all stockholders of record as of the close of business on August 23, 2024, not payable on August 20, 2024, to all stockholders of record on August 12, 2024, as previously disclosed
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/dCost reductions on pace, highlighted by 11% sequential quarter decrease in Lease Operating ExpensesDeclared second quarter dividends of $0.17 per share, including $0.12/share fixed and $0.05/share variableFour horizontal farm-in wells from the Uinta Basin's prolific Uteland B
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 strategic transactions. Fernando Araujo, Berry's Chief Executive Officer, commented, "We are excited to welcome Jenarae to our executive leadership team during this pivotal time for our business
HOUSTON and TUPELO, Miss., Jan. 21, 2025 /PRNewswire/ -- Cadence Bank (NYSE:CADE) today announced the appointment of Fernando Araujo and Alice Rodriguez to its board of directors, effective Jan. 17, 2025. Araujo and Rodriguez join the board as independent directors. Araujo is an accomplished executive with more than 30 years of experience in all aspects of oil and gas upstream operations. He has served as the chief executive officer of Berry Corporation (NASDAQ:BRY), a company engaged in the safe and responsible development and production of conventional oil reserves in the We
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, long-term growth and value creation. "I am excited to welcome Jeff to the team. His experience is well aligned with our strategy and will help drive us forward as
SC 13G/A - Berry Corp (bry) (0001705873) (Subject)
SC 13G/A - Berry Corp (bry) (0001705873) (Subject)
SC 13G/A - Berry Corp (bry) (0001705873) (Subject)
SC 13G/A - Berry Corp (bry) (0001705873) (Subject)
SC 13G/A - Berry Corp (bry) (0001705873) (Subject)
SC 13G/A - Berry Corp (bry) (0001705873) (Subject)
SC 13G/A - Berry Corp (bry) (0001705873) (Subject)
SC 13G - Berry Corp (bry) (0001705873) (Subject)
SC 13G/A - Berry Corp (bry) (0001705873) (Subject)
SC 13G/A - Berry Corp (bry) (0001705873) (Subject)