Berry Petroleum (BRY) Reports In-Line Q2 EPS

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Berry Corporation (bry) Reports Second Quarter 2022 Results

August 3, 2022 7:01 AM EDT

DALLAS, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (Berry or the Company) announced second quarter 2022 results, including net income of $43 million or $0.52 per diluted share, Adjusted Net Income(1) of $53 million or $0.64 per diluted share, Adjusted EBITDA(1) of $110 million and cash flows from operating activities of $111 million. The Board of Directors declared dividends on common stock totaling $0.62 per share.

Quarterly Highlights

Reported Adjusted EBITDA(1) of $110 million, up 15% from Q1 2022Generated Discretionary Free Cash... More