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DALLAS, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry”, “bry” or the “Company”) announced improved third quarter results, including net income of $10 million or $0.12
Provides Update on Proposed Acquisition by Funds Managed by HPS Investment Partners LLC Third Quarter Summary: Net income of $5.5 million, or $0.45 per diluted share, up from $2.7 million, or $0.23... | October 28, 2021
Increased sequential oil production 3% and total production 2% to 27,100 boe/d Improving sustainable capital efficiency on development program Generated $16 million of Levered Free Cash Flow (1) _______ (1) Please see “Non-GAAP Financial Measures and Reconciliations” later in this press release for a reconciliation and more information on these Non-GAAP measures. “We had a strong quarter. By managing the things within our control, we realized growth in our production on improving capital efficiency and record low non-energy operating expenses by enhancing our cost structure,” said T...