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Berry Corporation
35 articles mentioning Berry Corporation · Page 1 of 2
CRC to Acquire Berry in All-Stock Combination, Building a Larger California-Focused Energy Leader
California Resources Corporation (CRC) and Berry Corporation announced a definitive agreement to combine in an all-stock transaction valuing Berry at approximately $717 million (inclusive of Berry net debt). The deal is designed to create a larger,...
Berry Reaffirms FY25 Guidance; Uinta Wells Drive 2H Growth
Berry Corporation delivered a steady second quarter update that reinforced the company’s core message for 2025: production is on plan, guidance is intact, and the hedge book is doing its job protecting liquidity and funding the...
Berry Corporation First Quarter 2023 Results
Berry Corporation announced first quarter 2023 results. Highlights Reported Adjusted EBITDA(1) of $59 million Declared first quarter fixed dividends of $0.12 per share, double the quarterly rate from prior year On track to generate 2023 shareholder...
Berry Corp. First Quarter 2021 Results
Berry Corp. reported its Q1 2021 results. Berry reported net loss of $21 million or $0.27 per diluted share and Adjusted Net Income(1) of $6 million or $0.07 per diluted share for the first quarter of...
Berry Corp. Fourth Quarter, Full Year 2020 Results
Berry Corp. reported its Q4 and full year 2020 results. Berry reported fourth quarter and full-year 2020 results. For the full year Berry's net loss was $263 million, or $3.29 per diluted share, and Adjusted Net...
Berry Corp. Third Quarter 2020 Results
Berry Corp. reported its Q3 2020 results. Berry reported net loss of $19 million or $0.24 per diluted share and Adjusted Net Income(1) of $13 million or $0.17 per diluted share for the third quarter of...
Insiders Buying and Selling Company Stock : Week Ending 9/20/2020
Notable Buyers. Ben Brigham and Kari at Brigham Minerals buying CEO Olivier from Schlumberger purchased 25k shares at $17.95 CFO George from Centennial REsources purchased 25k shares at $0.54/share Enlarge
Berry Corp. Brings On New COO
Berry Corp. has reported that Fernando Araujo is joining the Company as Executive Vice President and Chief Operating Officer to succeed retiring COO Gary Grove. About Araujo Mr. Araujo joins Berry with 30 years of experience...
Berry Corp. Second Quarter 2020 Results
Berry Corp. reported its Q2 2020 results. The company reported net loss of $65 million or $0.81 per diluted share and Adjusted Net Incomeof $5 million or $0.06 per diluted share for the second quarter of...
Berry Corp. Borrowing Base Reduced to $200MM; Hedges Added
Berry Corp. reported that it has seen a reduction in its RBL elected commitment to $200 million. This reduction equates to an annual savings of $1 million. Cary Baetz, Berry's EVP and CFO, said: "Berry has...
Berry Corp. First Quarter 2020 Results
Berry Corporation reported its Q1 2020 results. Berry reported net loss of $115 million or $1.45 per diluted share and Adjusted Net Income of $18 million or $0.23 per diluted share for the first quarter of...
Berry Cuts 2020 Capex in Half; $65 Million, One Rig Running
Berry Corp. provided updated guidance in response to current market conditions. 2020 Capex Cut by 50% to $65MM Reduced planned 2020 capital expenditures by approximately 50% from original 2020 budget midpoint of guidance, which is a...
Berry Petroleum Adds to Hedges as Oil Price Volatility Continues
Berry Corp. has added more Brent-based oil hedges to protect cash flows for fiscal year 2020. The Company now has 24,000 oil barrels, or approximately 80% of its Brent-based production, hedged at $59.85 Brent through December...
Berry Petroleum Details Q3 Results
Berry Petroleum Corp. reported net income of $53 million or $0.65 per diluted share and adjusted net income of $33 million or $0.40 per diluted share for the third quarter of 2019. In addition, the Board...
Berry's Cali Ops Fuel Production Growth in Q3; Bolsters Hedge Position
Berry Petroleum Corp. reported preliminary third quarter production results in line with its full-year production guidance. Q3 Production Growth Fueled by California Ops Third quarter production of 29,600 boe/d up 7.7% compared to last quarter Third...
Berry Petroleum Talks Results from Q2 2019
Berry Petroleum Corp. reported net income of $32 million or $0.39 per diluted share and adjusted net income of $20 million or $0.25 per diluted share for the second quarter of 2019. In addition, the Board...
Berry Petroleum Appoints CEO as Board Chairman; Adds to Board
Berry Petroleum has made additions to its board of directors. As the Company previously announced, Donald Paul has been added to the board as an independent director. In addition, the board appointed Trem Smith, Berry Petroleum...
Berry Petroleum Makes Addition to Board
Berry Petroleum announced the appointment of Donald L. Paul to its Board of Directors effective February 28, 2019. About Paul Don Paul is the latest of three recent independent additions to the Berry Petroleum board. He...
Berry Petroleum Adds to Board of Directors
Berry Petroleum announced the appointments of Anne Mariucci and C. Kent Potter to its Board of Directors and the retirement of Kaj Vazales from the board, all effective September 12, 2018. Anne Mariucci Ms. Mariucci serves...
Berry Petroleum Assembles Board of Directors Post-Bankruptcy
Berry Petroleum has detailed its new Board of Directors after successfully emerging from bankruptcy in February 2017. The board will be comprised of: - Brent Buckley - Chairman of the Board Mr. Buckley, 45, is a...