Berry Corporation (Bry)
NASDAQ:BRY

Watchlist Manager
Berry Corporation (Bry) Logo
Berry Corporation (Bry)
NASDAQ:BRY
Watchlist
Price: 3.26 USD Market Closed
Market Cap: 253m USD

Berry Corporation (Bry)
Investor Relations

Berry Corp. is an energy exploration company. The company is headquartered in Dallas, Texas and currently employs 1,224 full-time employees. The company went IPO on 2017-07-14. The firm operates through two segments: development and production (D&P), and well servicing and abandonment. The development and production segment is engaged in the development and production of onshore conventional oil reserves primarily located in California, as well as Utah. Its California operating area consists of properties located in Midway-Sunset, South Belridge, McKittrick and Poso Creek fields in the San Joaquin basin in Kern County. The firm operates Uinta basin operations in the Brundage Canyon, Ashley Forest, and Lake Canyon areas in Utah. The well servicing and abandonment segment provides wellsite services in California to oil and natural gas production companies, with a focus on well servicing, well abandonment services and water logistics. The Company’s subsidiaries include Berry Petroleum Company, LLC; CJ Berry Well Services Management, LLC; and C&J Well Services, LLC.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q2 2025
Call Date
Aug 7, 2025
AI Summary
Q2 2025

Stable Guidance: Berry maintained its 2025 guidance unchanged despite ongoing macro volatility.

Strong Hedge Position: 71% of expected oil production for the rest of 2025 is hedged at about $75 per Brent barrel, providing cash flow visibility.

Debt Reduction: The company paid down $11 million in debt this quarter and $23 million year-to-date, with plans to reduce debt by at least $45 million in 2025.

Regulatory Progress: Positive developments in California permitting and regulatory reforms could streamline future projects and benefit both E&P and service operations.

Operational Efficiency: Achieved 20% lower drilling costs on its first operated horizontal pad in Utah and sees further savings potential.

Dividend Commitment: Declared a $0.03 per share dividend, equating to a 4% annualized yield, reinforcing shareholder return focus.

Safety: Another quarter with zero recordable or lost time incidents in E&P operations.

Key Financials
Oil and Gas Sales
$126 million
Realized Oil Price (as % of Brent)
92%
Adjusted EBITDA
$53 million
Operating Cash Flow
$29 million
Capital Expenditures
$54 million
Hedged LOE
$27.97 per BOE
Taxes Other Than Income Taxes
$5.95 per BOE
Adjusted G&A (E&P and Corporate)
$7.44 per BOE
Total Debt (Quarter End)
$428 million
Debt Paid Down (Quarter)
$11 million
Debt Paid Down (Year To Date)
$23 million
Liquidity (Quarter End)
$101 million
Dividend per Share
$0.03
Dividend Yield (Annualized)
4%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Fernando Araujo
CEO & Director
No Bio Available
Ms. Danielle E. Hunter J.D.
President
No Bio Available
Mr. Michael S. Helm
VP, Chief Accounting Officer & CFO
No Bio Available
Mr. Todd Crabtree
Manager of Investor Relations
No Bio Available
Jordan D. Scott
VP, General Counsel & Corporate Secretary
No Bio Available

Contacts

Address
TEXAS
Dallas
16000 Dallas Pkwy Ste 100
Contacts
+12144532920.0
bry.com