Articles from Berry Corporation (Bry)

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.

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.

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:

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.

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.

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.

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.

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:

Refinances Debt, Announces Uinta Basin Opportunities, and Declares Quarterly Dividend

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.

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.

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. The updated paragraph regarding the second quarter dividends is set forth in its entirety below. The remainder of the press release remains unchanged.

Highlights Strong Operational and Financial Performance and Declares Quarterly Dividends

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.

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.

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.

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 per diluted share, and cash flows from operating activities were $199 million.

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 and full year 2023 financial results release and call; details are included below.

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.

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.

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.

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.

Attractively Priced Acquisition of Oil Producing Assets Reflects Disciplined Capital Returns Strategy to Deliver Enhanced Free Cash Flow

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.

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.

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.

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(1) was $226 million, or $2.74 per diluted share, and cash flows from operating activities were $361 million.

DALLAS, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“bry” or the “Company”) today announced it will report its fourth quarter and full year 2022 financial results on Wednesday, February 22, 2023, before the open of U.S. financial markets and host a conference call later that morning to discuss these results.

DALLAS, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) today announced the evolution of its executive team, effective January 1, 2023:

DALLAS, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) announced third quarter 2022 results, including net income of $192 million or $2.34 per diluted share, Adjusted Net Income(1) of $46 million or $0.55 per diluted share, Adjusted EBITDA(1) of $97 million and cash flows from operating activities of $96 million. The Board of Directors declared dividends on common stock totaling $0.47 per share.

DALLAS, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“bry” or the “Company”) today announced it will report its third quarter 2022 financial results on Wednesday, November 2, 2022, before the open of U.S. financial markets and host a conference call later that morning to discuss these results.