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BRY - Berry Corporation: Benefiting From Strong Commodity Prices Despite Energy Operating Cost Pressure
May, 24 2022 09:36 PM
Berry Petroleum Corporation
Berry is projected to generate $270 million in discretionary cash flow at strip. It uses fuel gas in its operations and is seeing increased energy operating costs as a result. Berry is attempting to mitigate this through consumer hedges and securing pipeline capacity from the Rockies. Combined base and variable dividend is estimated at $2.27 per share related to 2022 results. For further details see:
Berry Corporation: Benefiting From Strong Commodity Prices Despite Energy Operating Cost Pressure
Stock Information
Company Name:
Berry Petroleum Corporation
Stock Symbol:
BRY
Market:
NASDAQ
Website:
bry.com
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