OverviewSuggest Edit

Berry Petroleum, an independent upstream energy company, engages in the development and production of conventional oil reserves.
TypePublic
Founded1909
HQBakersfield, US
Websitebry.com

Latest Updates

Job Openings3
Revenue (FY, 2018)$411 M(+29%)
Share Price (Oct 2020)$3 (-2%)
Cybersecurity ratingBMore

Key People/Management at Berry Petroleum

A. T. (

A. T. (

CEO & Chairman of the Board

Berry Petroleum Office Locations

Berry Petroleum has offices in Bakersfield and Dallas
Bakersfield, US (HQ)
11117 River Run Blvd
Dallas, US
16000 Dallas Pkwy #500
Show all (2)

Berry Petroleum Financials and Metrics

Berry Petroleum Revenue

Berry Petroleum's revenue was reported to be $410.99 m in FY, 2018 which is a 28.6% increase from the previous period.
USD

Revenue (FY, 2018)

411.0m

Revenue growth (FY, 2017 - FY, 2018), %

28.6%

Net income (FY, 2018)

147.1m

Market capitalization (21-Oct-2020)

238.8m

Closing stock price (21-Oct-2020)

3.0

Cash (31-Dec-2018)

68.7m

EV

561.9m
Berry Petroleum's current market capitalization is $238.8 m.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2015FY, 2017FY, 2018

Revenue

670.0m921.3m978.6m319.7m411.0m

Revenue growth, %

29%

General and administrative expense

52.8m61.7m71.8m86.0m56.0m79.2m

Operating expense total

52.8m61.7m71.8m1.6b253.3m299.4m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

244.3m139.2m197.6m243.5m239.2m244.0m229.7m244.8m276.9m286.9m318.4m169.3m177.9m179.3m91.3m108.6m113.2m

General and administrative expense

12.2m12.4m16.3m15.9m14.9m17.7m18.0m17.8m22.3m19.4m17.8m21.2m37.1m21.6m25.2m24.7m15.4m

Operating expense total

12.2m12.4m16.3m15.9m14.9m17.7m18.0m17.8m22.3m19.4m17.8m21.2m37.1m21.6m25.2m24.7m15.4m

Depreciation and amortization

73.0m63.1m63.1m58.8m41.2m40.0m
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2017FY, 2018

Cash

278.0k298.0k312.0k33.9m68.7m

Accounts Receivable

93.4m116.0m122.2m54.7m57.4m

Prepaid Expenses

14.0m5.3m4.2m3.7m

Inventories

11.5m
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2015FY, 2017FY, 2018

Net Income

82.5m(228.1m)171.5m(1.0b)(21.1m)147.1m

Depreciation and Amortization

182.7m215.8m227.7m251.4m68.5m86.3m

Accounts Payable

5.3m25.0m20.0m6.6m19.5m

Cash From Operating Activities

367.2m455.9m501.4m122.5m107.4m103.1m
USDQ2, 2010

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.4 x
Show all financial metrics

Berry Petroleum Operating Metrics

FY, 2017FY, 2018

Gas Liquids (NGL), Mbbl

1 k1 k

Gas Proven and Probable Reserves, Bcf

237 143

Oil and Gas Reserves, mmboe

141 143

Proved Developed Reserves, mmboe

86 87
Show all operating metrics

Berry Petroleum Acquisitions / Subsidiaries

Company NameDateDeal Size
Berry Petroleum Company

Berry Petroleum Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Berry Petroleum Online and Social Media Presence

Embed Graph

Berry Petroleum News and Updates

Berry Petroleum to Report Third Quarter 2019 Results November 7 Before Market; Hold Conference Call November 7 After Market

DALLAS, Oct. 09, 2019 (GLOBE NEWSWIRE) -- Berry Petroleum Corporation (NASDAQ:BRY) (“Berry” or the “Company”) today announced it will report its third quarter 2019 financial results on Thursday, November 7, 2019 before the open of U.S financial markets. 

Berry Petroleum Reports Second Quarter 2019 Results; Announces Quarterly Dividend

DALLAS, Aug. 07, 2019 (GLOBE NEWSWIRE) -- Berry Petroleum Corporation (NASDAQ: BRY) (“Berry” or the “Company”) today 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 Boar…

Berry Petroleum to Report Second Quarter 2019 Results August 7; Hold Conference Call August 8

DALLAS, July 10, 2019 (GLOBE NEWSWIRE) -- Berry Petroleum Corporation (NASDAQ:BRY) (“Berry” or the “Company”) today announced it will report its second quarter 2019 financial results on Wednesday, August 7, 2019 after the close of U.S financial markets. 

Berry Petroleum to Host Analyst & Investor Day May 16, 2019 in New York

DALLAS, April 29, 2019 (GLOBE NEWSWIRE) -- Berry Petroleum Corporation (NASDAQ: BRY) (the “Company”) today announced that as indicated during its year-end earnings call, it plans to host an analyst and investor day in New York City on May 16, 2019, beginning at 8:30 am ET and concluding before 1 p…

Berry Petroleum Sees Minimal Impact From Proposed California Bill AB 345

DALLAS, April 25, 2019 (GLOBE NEWSWIRE) -- Berry Petroleum Corporation (NASDAQ:BRY) (“Berry” or the “Company”) today announced that on Monday, April 22, the California Assembly's Natural Resources Committee passed Assembly Bill 345. The bill, which is sponsored by several environmental justice gro…

Berry Petroleum to Report First Quarter 2019 Results May 8; Hold Conference Call May 9

DALLAS, April 11, 2019 (GLOBE NEWSWIRE) -- Berry Petroleum Corporation (NASDAQ:BRY) (“Berry” or the “Company”) today announced it will report its first quarter 2019 financial results on Wednesday, May 8, 2019 after the close of U.S. financial markets. 
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Berry Petroleum Blogs

Berry Corporation (bry) Reduces Expenses by Lowering its Reserve Based Lending (RBL) Facility to $200 million and Increases its 2021 Crude Oil Hedge Position

DALLAS, June 26, 2020 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) today reported that it completed its semi-annual bank redetermination and reduced its RBL elected commitment to $200 million. This reduction equates to an annual savings of $1 million.

Berry Corporation (bry) Reports First Quarter 2020 Results

DALLAS, May 06, 2020 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) today reported net loss of $115 million or $1.45 per diluted share and Adjusted Net Income (1) of $18 million or $0.23 per diluted share for the first quarter of 2020.

Berry Corporation (bry) To Report First Quarter 2020 Results May 6; Hold Conference Call May 7

DALLAS, April 08, 2020 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ:BRY) (“Berry”) today announced it will report its first quarter 2020 financial results on Wednesday, May 6, 2020 after the close of U.S financial markets.  Berry will host a conference call on Thursday, May 7, 2020 to The pos…

Berry Corporation (bry) Q1 2020 Earnings Call

The post Berry Corporation (bry) Q1 2020 Earnings Call appeared first on Berry Corporation (bry).

BERRY CORPORATION (bry) ADJUSTS 2020 PLANS; HEIGHTENED FOCUS ON BUILDING CASH IN 2020 AND ENSURING FLEXIBILITY THROUGH 2021

DALLAS, April 01, 2020 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ:BRY) (the “Company” or “Berry”) today provided updated guidance in response to current market conditions. As of March 31, 2020, the Company has: Reduced planned 2020 capital expenditures by approximately 50% from original The…

Berry Corporation (bry) Substantially Increases 2020 Hedge Position

DALLAS, March 06, 2020 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) announced today that is 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
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Berry Petroleum Frequently Asked Questions

  • When was Berry Petroleum founded?

    Berry Petroleum was founded in 1909.

  • Who are Berry Petroleum key executives?

    Berry Petroleum's key executives are A. T. (.

  • What is Berry Petroleum revenue?

    Latest Berry Petroleum annual revenue is $411 m.

  • Who are Berry Petroleum competitors?

    Competitors of Berry Petroleum include Surgutneftegas, Black Sea Oil & Gas and Continental Resources.

  • Where is Berry Petroleum headquarters?

    Berry Petroleum headquarters is located at 11117 River Run Blvd, Bakersfield.

  • Where are Berry Petroleum offices?

    Berry Petroleum has offices in Bakersfield and Dallas.

  • How many offices does Berry Petroleum have?

    Berry Petroleum has 2 offices.