BRY News and Press, Berry Petroleum Corporation From 07/18/23

2023-07-18 23:36:05 ET Summary Berry made a $70 million acquisition of Macpherson Energy.`. This gives it another 2,400 BOEPD (100% oil) in production at a 2.7x multiple to adjusted EBITDA at $75 Brent. Operating costs for the acquired assets appear to be around $36 per barrel...

2023-07-17 16:28:11 ET Berry Corp. ( NASDAQ: BRY ) said Monday it agreed to acquire privately-held Macpherson Energy for $70M in cash, with $50M to be paid at closing and the remainder paid in July 2024. Berry ( BRY ) said the deal adds 2,400 boe/day (100% oil) in 2024, ...

DALLAS, July 17, 2023 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) announced today that it has executed a definitive agreement to acquire Macpherson Energy Corporation, a privately held Kern County, California operator, for $70 m...

2023-07-17 14:23:48 ET Berry Corp. ( NASDAQ: BRY ) -2.7% in Monday's trading as Jefferies downgraded the stock to Hold from Buy with an $8 price target, lowered from $9, saying "continued and ongoing challenges to permitting are increasingly problematic." Regulatory headwind...

DALLAS, July 03, 2023 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) today announced it will report its second quarter 2023 financial results on Wednesday, August 2, 2023, before the open of U.S. financial markets and host a confer...

Edmonton, Alberta--(Newsfile Corp. - June 27, 2023) - Bri-Chem Corp. (TSX: BRY) ("Bri-Chem" or "Company"), a leading North American oilfield chemical distribution and blending company, is pleased to announce that all the nominees listed in the Management Information Circular dated May 11, 2...

2023-06-16 17:39:00 ET Gainers: Kezar Life Sciences ( NASDAQ: KZR ) +6% . Telos Corporation ( TLS ) +4% . Dyne Therapeutics ( DYN ) +4% . Recursion Pharmaceuticals ( RXRX ) +4% . Berry Corporation ( BRY ) +4% . Losers: ...

Edmonton, Alberta--(Newsfile Corp. - May 15, 2023) - Bri-Chem Corp. (TSX: BRY) ("Bri-Chem" or "Company"), a leading North American oilfield chemical distribution and blending company, is pleased to announce its 2023 first quarter financial results.   (1) Non-GAAP financial measur...

2023-05-13 08:00:00 ET Summary Berry Corporation seems to be linked to the Brent price more than any other metric. High fuel gas prices crushed the recent quarter, but things have improved. We think Berry is attractive at current prices. Introduction Berry Corp...

2023-05-10 17:26:23 ET Summary Berry's Q1 2023 net operating costs were inflated by Rockies and California natural gas prices averaging over $20. Consumer hedges mitigated some of the high prices, but Berry's net operating expense per BOE was still over $35 in Q1 2023. During ...