Berry Petroleum (BRY) Tops Q4 EPS by 72c

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Go back to Berry Petroleum (BRY) Tops Q4 EPS by 72c

Berry Corporation (bry) Reports Fourth Quarter and Full Year 2022 Financial Results, Including 2022 Shareholder Returns of $189 Million; Doubles Fixed Dividend for 2023

February 22, 2023 7:00 AM EST

DALLAS, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (Berry or the Company) today reported fourth quarter and full-year 2022 results. For the fourth quarter Berrys net income was $72 million, or $0.90 per diluted share, and Adjusted Net Income(1) was $76 million, or $0.95 per diluted share. For the full year Berry's net income was $250 million, or $3.03 per diluted share, Adjusted Net Income(1) was $226 million, or $2.74 per diluted share, and cash flows from operating activities were $361 million.

2022 Highlights

Delivered record $189 million of shareholder... More