Berry Corporation Reports Third Quarter 2024 Results
Berry Corporation (bry) (BRY)
Last berry corporation (bry) earnings: 2/26 09:07 pm
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Source: GlobeNewswire
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-point of guidance of 24,600 to 25,800 BOE per dayIncreased Free Cash Flow(1) 55% quarter over quarterDeclared third quarter fixed dividends of $0.03 per share Other Updates Entered $545 million term loan credit facility to redeem all the Company’s $400 million notes
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News
- Berry Co. (NASDAQ: BRY) had its price target lowered by analysts at Piper Sandler from $7.00 to $5.00. They now have a "neutral" rating on the stock.MarketBeat
- Berry Corp (bry) (BRY) Q3 2024 Earnings Call Highlights: Strong Free Cash Flow and Strategic ... [Yahoo! Finance]Yahoo! Finance
- Berry Corp (BRY) Q3 2024 Earnings Report Preview: What To Expect [Yahoo! Finance]Yahoo! Finance
- 5 Broker Liked Stocks to Keep an Eye on After Recent Analyst Upgrades [Yahoo! Finance]Yahoo! Finance
- Berry Corporation to Report Third Quarter 2024 Results and Hold Conference Call November 7GlobeNewswire
BRY
Earnings
- 11/7/24 - Miss
BRY
Sec Filings
- 11/20/24 - Form 8-K
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- BRY's page on the SEC website