Berry Petroleum (BRY) Misses Q3 EPS by 2c

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Berry Corporation (bry) Reports Third Quarter 2022 Results

November 2, 2022 7:00 AM EDT

DALLAS, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (Berry or the Company) announced third quarter 2022 results, including net income of $192 million or $2.34 per diluted share, Adjusted Net Income(1) of $46 million or $0.55 per diluted share, Adjusted EBITDA(1) of $97 million and cash flows from operating activities of $96 million. The Board of Directors declared dividends on common stock totaling $0.47 per share.

Quarterly Highlights

Reported Adjusted EBITDA(1) of $97 millionGenerated Discretionary Free Cash Flow(1) of $53... More