Berry Petroleum (BRY) Declares $0.12 Quarterly Dividend; 3.2% Yield

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Go back to Berry Petroleum (BRY) Declares $0.12 Quarterly Dividend; 3.2% Yield

Berry Petroleum Reports Third Quarter 2018 Results, Announces Quarterly Dividend

November 7, 2018 8:43 PM EST

BAKERSFIELD, Calif., Nov. 07, 2018 (GLOBE NEWSWIRE) -- Berry Petroleum Corporation (NASDAQ: BRY) (Berry or the Company) today reported a net loss attributable to common stockholders of $50 million and adjusted net income of $41 million for the third quarter of 2018. Earnings per share for the third quarter was a net loss of $0.66 per diluted share and adjusted net income of $0.47 per diluted share. In addition, the Board approved a regular $0.12 per share dividend for the fourth quarter of 2018.

Highlights for the Quarter

Adjusted EBITDA of $82 million... More