Berry Petroleum Reports First Quarter 2019 Results; Announces Quarterly Dividend
Berry Corporation (bry) (BRY)
Last berry corporation (bry) earnings: 2/26 09:07 pm
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Source: GlobeNewswire
DALLAS, May 08, 2019 (GLOBE NEWSWIRE) -- Berry Petroleum Corporation (NASDAQ: BRY) (“Berry” or the “Company”) today reported a net loss of $34 million or $0.42 per diluted share and adjusted net income of $24 million or $0.30 per diluted share for the first quarter of 2019. In addition, the Board approved a regular $0.12 per share dividend for the second quarter of 2019. Highlights for the Quarter Adjusted EBITDA of $69 million and Unhedged Adjusted EBITDA of $54 million2.2 million shares repurchased; 2.6 million cumulative for $28 million or $10.69/shareCalifornia oil price realizations of 93% of Brent pricing or $59.16/Bbl before hedgingCapital Expenditures of $49 million with approximately 87% directed to California oil developmentDrilled 96 wells in the quarter, on track for approximately 400 wells to be drilled in 2019Full-year production and spending are on track Trem Smith, Berry board chair, chief executive officer and president stated, “Berry continues to execute i
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Earnings
- 11/7/24 - Miss
BRY
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- 11/8/24 - Form 10-Q
- BRY's page on the SEC website