Berry (NASDAQ:BRY - Get Free Report) posted its quarterly earnings data on Thursday. The energy company reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.10 by $0.02, Zacks reports. Berry had a return on equity of 6.50% and a net margin of 9.40%. The company had revenue of $182.65 million for the quarter, compared to analyst estimates of $177.00 million.
Berry Price Performance
BRY traded up $0.09 during midday trading on Friday, hitting $2.93. The company had a trading volume of 833,874 shares, compared to its average volume of 1,118,611. Berry has a twelve month low of $2.11 and a twelve month high of $7.77. The firm's 50-day simple moving average is $2.84 and its 200-day simple moving average is $3.86. The company has a market capitalization of $227.36 million, a PE ratio of 2.71 and a beta of 1.15. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.80 and a current ratio of 0.80.
Berry Announces Dividend
The business 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 dividend on an annualized basis and a yield of 4.10%. The ex-dividend date is Monday, May 19th. Berry's dividend payout ratio is currently 48.00%.
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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