Berry Corporation (bry) Reports Strong First Quarter 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...
Source: globenewswire.com