Berry (NASDAQ:BRY - Get Free Report) posted its quarterly earnings data on Thursday, May 8th. The energy company reported $0.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.02, Zacks reports. The firm had revenue of $182.65 million for the quarter, compared to the consensus estimate of $177.00 million. Berry had a net margin of 9.40% and a return on equity of 6.50%.
Berry Stock Performance
NASDAQ BRY traded down $0.16 during trading on Thursday, hitting $2.83. 312,542 shares of the company's stock traded hands, compared to its average volume of 1,110,529. The stock has a market capitalization of $219.21 million, a price-to-earnings ratio of 2.61 and a beta of 1.15. Berry has a 12-month low of $2.11 and a 12-month high of $7.33. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.80 and a current ratio of 0.80. The business has a 50 day moving average of $2.82 and a 200-day moving average of $3.82.
Berry Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Monday, May 19th will be issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 4.25%. The ex-dividend date of this dividend is Monday, May 19th. Berry's dividend payout ratio (DPR) is presently -25.53%.
About Berry
(
Get Free Report)
Berry Petroleum Company, LLC., formerly Berry Petroleum Company, is an independent energy company. The Company is engaged in the production, development, exploitation, and acquisition of oil and natural gas. The Company's principal reserves and producing properties are located in California (South Midway-Sunset (SMWSS)-Steam Floods, North Midway-Sunset (NMWSS)-Diatomite, NMWSS-New Steam Floods, Texas (Permian and E.
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