NASDAQ:BRY

Berry (BRY) Stock Price, News & Analysis

$7.29
+0.08 (+1.11%)
(As of 12:10 PM ET)
Today's Range
$7.23
$7.33
50-Day Range
$7.10
$8.79
52-Week Range
$6.22
$8.94
Volume
490,301 shs
Average Volume
1.05 million shs
Market Capitalization
$560.89 million
P/E Ratio
729.00
Dividend Yield
6.58%
Price Target
$8.00

Berry MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
9.7% Upside
$8.00 Price Target
Short Interest
Bearish
6.86% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-7.38
Upright™ Environmental Score
News Sentiment
0.58mentions of Berry in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.98%
From $0.86 to $0.92 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.90 out of 5 stars

Oils/Energy Sector

134th out of 242 stocks

Crude Petroleum & Natural Gas Industry

47th out of 76 stocks

BRY stock logo

About Berry Stock (NASDAQ:BRY)

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. Texas), Utah (Uinta) and Colorado (Piceance). The Company’s operations are conducted in the continental United States. In December 2013, Linn Energy LLC and Linn Co, LLC (Linn Co) announced the completion of the merger between LinnCo and Berry Petroleum Company (Berry), where LinnCo had acquired all of Berry's interest.

BRY Stock Price History

BRY Stock News Headlines

Q1 2024 Berry Corporation (Bry) Earnings Call
Berry declares $0.12 dividend
BRY Apr 2024 7.500 put
See More Headlines
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Company Calendar

Ex-Dividend for 3/25 Dividend
3/14/2024
Dividend Payable
3/25/2024
Last Earnings
5/01/2024
Ex-Dividend for 5/24 Dividend
5/14/2024
Today
5/20/2024
Dividend Payable
5/24/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
Current Symbol
NASDAQ:BRY
CUSIP
08578910
Fax
N/A
Employees
1,282
Year Founded
1967

Price Target and Rating

Average Stock Price Target
$8.00
High Stock Price Target
$8.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+11.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$37.40 million
Pretax Margin
1.31%

Debt

Sales & Book Value

Annual Sales
$903.46 million
Cash Flow
$2.67 per share
Book Value
$8.95 per share

Miscellaneous

Free Float
76,170,000
Market Cap
$554.74 million
Optionable
Optionable
Beta
1.77

Social Links

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Key Executives

  • A.T. (Trem) Smith
    CEO, Berry Petroleum Company, LLC
  • Cary Baetz
    EVP & Chief Financial Officer
  • Gary Grove
    EVP & Chief Operating Officer
  • Kurt Neher
    EVP, Business Development
  • Kendrick Royer
    EVP, Corporate Secretary & General Counsel
  • Brent Buckley
    Chairman of the Board
  • Anne Mariucci
    Board Member
  • C. Kent Potter
    Board Member
  • Eugene (Gene) Voiland
    Board Member

BRY Stock Analysis - Frequently Asked Questions

Should I buy or sell Berry stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Berry in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" BRY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BRY, but not buy additional shares or sell existing shares.
View BRY analyst ratings
or view top-rated stocks.

What is Berry's stock price target for 2024?

2 equities research analysts have issued 1-year price targets for Berry's stock. Their BRY share price targets range from $8.00 to $8.00. On average, they expect the company's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 9.7% from the stock's current price.
View analysts price targets for BRY
or view top-rated stocks among Wall Street analysts.

How have BRY shares performed in 2024?

Berry's stock was trading at $7.03 at the beginning of 2024. Since then, BRY shares have increased by 3.7% and is now trading at $7.29.
View the best growth stocks for 2024 here
.

When is Berry's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our BRY earnings forecast
.

How were Berry's earnings last quarter?

Berry Co. (NASDAQ:BRY) posted its quarterly earnings results on Wednesday, May, 1st. The energy company reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by $0.04. The energy company earned $202.31 million during the quarter, compared to analyst estimates of $182.65 million. Berry had a net margin of 0.41% and a trailing twelve-month return on equity of 6.15%. Berry's revenue for the quarter was down 6.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.07 EPS.

How often does Berry pay dividends? What is the dividend yield for Berry?

Berry declared a quarterly dividend on Wednesday, May 1st. Investors of record on Wednesday, May 15th will be paid a dividend of $0.12 per share on Friday, May 24th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 6.58%. The ex-dividend date of this dividend is Tuesday, May 14th.
Read our dividend analysis for BRY
.

Is Berry a good dividend stock?

Berry (NASDAQ:BRY) pays an annual dividend of $0.48 per share and currently has a dividend yield of 6.66%. BRY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 4,800.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, BRY will have a dividend payout ratio of 52.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BRY.

What is Robert F. Heinemann's approval rating as Berry's CEO?

11 employees have rated Berry Chief Executive Officer Robert F. Heinemann on Glassdoor.com. Robert F. Heinemann has an approval rating of 76% among the company's employees. 90.0% of employees surveyed would recommend working at Berry to a friend.

What other stocks do shareholders of Berry own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Berry investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Inovio Pharmaceuticals (INO), Splunk (SPLK), Carnival Co. & (CCL), Walt Disney (DIS), Tesla (TSLA), Alibaba Group (BABA), CVS Health (CVS) and Gilead Sciences (GILD).

When did Berry IPO?

Berry (BRY) raised $301 million in an initial public offering (IPO) on Thursday, July 26th 2018. The company issued 18,800,000 shares at $15.00-$17.00 per share. Goldman Sachs, Wells Fargo Securities and BMO Capital Markets acted as the underwriters for the IPO.

Who are Berry's major shareholders?

Berry's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.67%), Jacobs Levy Equity Management Inc. (1.72%), Heartland Advisors Inc. (1.35%), Foundry Partners LLC (1.03%), Principal Financial Group Inc. (0.47%) and Empowered Funds LLC (0.44%). Insiders that own company stock include Arthur T Smith, Benefit Street Partners Llc, Danielle E Hunter, Oaktree Capital Management Lp and Rajath Shourie.
View institutional ownership trends
.

How do I buy shares of Berry?

Shares of BRY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Berry have any subsidiaries?
The following companies are subsidiares of Berry: 159422 Canada Inc., ACE PLASTICS (ZHUHAI) COMPANY LIMITED, AEP Canada Inc., AEP Industries, AEP Industries Finance Inc., AT Films Inc, AT Films US Inc, AVINTIV Acquisition Corporation, AVINTIV Inc., AVINTIV Specialty Materials Inc., Ace Classic Medical Components (Shanghai) Company Limited, Ace Corporation Holdings Limited, Ace Industrial Technologies Limited, Ace Medical Components Co Limited, Ace Mold (HeFei) Company Limited, Ace Mold (Shanghai) Company Limited, Ace Mold (Zhuhai) Company Limited, Ace Mold Company Limited, Ace Mold Industrial (Shanghai) Company Limited, Ace Mold Industrial (Shenzhen) Company Limited, Ace Plastics (Shenzhen) Company Limited, Ace Plastics Company Limited, Ace Plastics Technologies Limited, AeroCon LLC, Aspen Industrial S.A. de C.V., Astra Plastique SAS, Astrapak Gauteng Proprietary Limited, Astrapak Investments Proprietary Limited, Astrapak Manufacturing Holdings Proprietary Limited, Astrapak Property Holdings Proprietary Limited, BP Parallel LLC, BPI 2010 Limited, BPI Europe BV, BPI Formipac France SARL, BPI General Partner Limited, BPI International (No 2) Limited, BPI International Limited, BPI Limited, BPI Limited Partner Limited, BPI Pension Funding Limited Partnership, BPI Pension Trustees Limited, BPRex Brazil Holding Inc., BPRex Closure Systems LLC, BPRex Closures Kentucky Inc., BPRex Closures LLC, BPRex Delta Inc., BPRex Healthcare Brookville Inc., BPRex Healthcare Offranville SAS, BPRex Healthcare Packaging Inc., BPRex Partipacoes Ltda, BPRex Pharma Packaging India Private Limted, BPRex Plastic Packaging (India) Private Limited, BPRex Plastic Packaging Inc., BPRex Plastic Packaging de Mexico S.A. de C.V., BPRex Plastic Services Company Inc., BPRex Plasticos Do Brasil Ltda, BPRex Product Design & Engineering Inc., BPRex Specialty Products Puerto Rico Inc., BPRex de Mexico S.A. de R.L. de CV, BPSW19 Limited, Barplas Limited, Bender GmbH, Berry Ace Packaging (Jiaxing) Company Limited, Berry Acquisition Company do Brasil Ltda., Berry Aschersleben GmbH, Berry Bramlage Kolding A/S, Berry Dombuhl GmbH, Berry EKE NV, Berry Europe GmbH, Berry Film Products Acquisition Company Inc., Berry Film Products Company Inc., Berry Film Trading (Shanghai) Co. Ltd., Berry Gent NV, Berry Global Escrow Corporation, Berry Global Films LLC, Berry Global France Holdings SAS, Berry Global Group Inc., Berry Global Inc., Berry Global International Financing Limited, Berry Global International Holdings Limited, Berry Global UK Holding Limited, Berry Holding Company do Brasil Ltda., Berry Holding Denmark A/S, Berry PET Power France SASU, Berry Packaging Holdings (Sweden) AB, Berry Packaging Holdings France SARL, Berry Packaging Norway AS, Berry Plastics Acquisition Corporation V, Berry Plastics Acquisition Corporation XII, Berry Plastics Acquisition Corporation XIII, Berry Plastics Acquisition Corporation XIV LLC, Berry Plastics Acquisition LLC II, Berry Plastics Acquisition LLC X, Berry Plastics Asia Pacific Limited, Berry Plastics Asia Pte. Ltd., Berry Plastics Canada Inc., Berry Plastics Design LLC, Berry Plastics Escrow LLC, Berry Plastics Filmco Inc., Berry Plastics France Holdings SAS, Berry Plastics GmbH, Berry Plastics Holding GmbH & Co. KG, Berry Plastics Hong Kong Limited, Berry Plastics IK LLC, Berry Plastics International B.V., Berry Plastics International GmbH, Berry Plastics Opco Inc., Berry Plastics Qingdao Limited, Berry Plastics SP Inc., Berry Plastics Technical Services Inc., Berry Plastics de Mexico S. de R.L. de C.V., Berry Specialty Tapes LLC, Berry Sterling Corporation, Berry Superfos Balkan d o o, Berry Superfos Bouxwiller SAS, Berry Superfos Bremervörde Management GmbH, Berry Superfos Bremervörde Packaging GmbH, Berry Superfos Bremervörde Print GmbH, Berry Superfos Italy SRL, Berry Superfos La Genete SAS, Berry Superfos Lidköping AB, Berry Superfos Lubień Sp z o o, Berry Superfos Mullsjö AB, Berry Superfos Opfenbach GmbH, Berry Superfos Packaging Solutions Kaltenkirchen GmbH, Berry Superfos Pamplona SA, Berry Superfos Pori Oy, Berry Superfos Poznań Sp. z o o, Berry Superfos Randers A/S, Berry Superfos Stilling A/S, Berry Superfos Wetteren NV, Berry UK Holdings Limited, Berry do Brasil Ltda., Bonlam S.A. DE C.V., Brithene Films Limited, British Polythene Industries Limited, British Polythene Limited, Brownoak (Final) Assured Tenancies Limited, CPI Holding Corporation, CSM Mexico SPV LLC, Calnay Limited, Caplas LLC, Caplas Neptune LLC, Captive Plastics Holdings LLC, Captive Plastics LLC, Cardinal Packaging Inc., Chicopee Asia Limited, Chicopee Holdings B.V., Chicopee Holdings C.V., Chicopee Inc., Chocksett Road Limited Partnership, Chocksett Road Realty Trust, Clopay Plastic Products Company Inc., Coflex Films Limited, Combipac BV, Companhai Providencia Industria e Comercio, Covalence Specialty Adhesives LLC, Covalence Specialty Coatings LLC, DT Acquisition Inc., Delta Polythene Limited, Dominion Textile (USA) L.L.C., Dominion Textile Inc., Dongguan First Packaging Co. Limited, Dongguan United Packaging Co. Limited, Dounor SAS, Drumrace Limited, Dumpling Rock LLC, ESE BV, ESE France SAS, ESE GmbH, ESE Holding SASU, ESE Holdings Limited, ESE Kft, ESE NV, ESE Sp. z o.o., ESE Sweden Holding AB, ESE World BV, ESE World Limited, Estero Porch LLC, Exlshrink Limited, Fabrene Inc., Fabrene L.L.C., Fiberweb (Tianjin) Specialty Nonwovens Company Limited, Fiberweb Berlin GmbH, Fiberweb France SAS, Fiberweb Geos Inc., Fiberweb Geosynthetiques Sarl, Fiberweb Holding Deutschland GmbH, Fiberweb Holdings Limited, Fiberweb Italia SRL, Fiberweb LLC, Fiberweb Limited, Fiberweb Terno D'Isola Srl, Financiere Daunou 1 SA, Flexfilm Limited, Fortune Best Trading Limited, Frans Nooren Beheer B.V. (STOPAQ), GCS Holdco Finance I SA, GCS Holdco Finance II SARL, GDMH SA, Galion Distribution SARL, Galion International SA, Galion SA, Galion Senegal SA, Genius World Holding Ltd, Global Closure Systems America 1 Inc., Global Closure Systems France 1 SAS, Global Closure Systems France 2 SAS, Global Closure Systems Germany GmbH, Global Closure Systems Spain SLU, Global Closure Systems UK Limited, Grafco Industries Limited Partnership, Grupo de Servicios Berpla S. de R.L. de C.V., ITUB ehf, Innocan France SARL, Irish Polythene Industries Limited, J P Plast S R O, J P Plast Slovakia spol S R O, Jacinto Mexico S.A. de C.V., Jagtenberg Beheer BV, Jiangmen United Packaging Co. Limited, Jordan Plastics Limited, Kerr Group LLC, Knight Plastics LLC, LLC ESE South America S.R.L., LLC RPC Bramlage Yekaterinburg, Laddawn Inc., Lamb's Grove LLC, Letica Resources Inc., Lunifera Investments Proprietary Limited, Lustroid Limited, M & H Plastics Inc, Manuplastics Limited, Manuplastics Products Limited, Marcom Plastics Proprietary Limited, Massmould Limited, Maynard & Harris (EBT Trustees) Limited, Maynard & Harris Group Limited, Maynard & Harris Holdings Limited, Maynard & Harris Plastics, Maynard & Harris Plastics (UK) Limited, Maynard & Harris Plastics Pension Trustee Limited, Megafilm Limited, Millham LLC, Minster Polythene Films Limited, Moore and Company (Nottingham) Limited, Multicom SRL, Nanhai Nanxin Non Woven Co. Ltd, Nordfolien GmbH, Nordfolien Polska Sp. z o.o., Obrist (Thailand) Co Limited, Obrist Closures Switzerland GmbH, Obrist Eastern Europe SRL, Obrist Iberia SLU, Obrist Italia Srl, Old Hickory Steamworks LLC, PET Power BV, PET Power Handels GmbH, PGI Acquisition Limited, PGI Argentina S.A., PGI Colombia LTDA, PGI Europe Inc., PGI France Holdings SAS, PGI France SAS, PGI Holdings B.V., PGI Netherlands Holdings (NO. 2) B.V., PGI Non-Woven (China) Company Limited, PGI Nonwovens (Mauritius), PGI Nonwovens B.V., PGI Nonwovens Germany GmbH, PGI Polymer Inc., PGI Spain S.L. U, PWS Danmark A/S, PWS Finland OY, PWS Nordic AB, Packerware LLC, Pescor Inc., Pfizer Investment Ltd, Plasco UK Limited, Plasgran Limited, Plastiape S.p.A., Pliant International LLC, Pliant LLC, Pliant de Mexico S.A. de C.V., Poly-Seal LLC, Polycrop Limited, Polymer Group Holdings C.V., Polythene Films Limited, Promens AS, Promens Annezin SAS, Promens Asia Limited, Promens Deventer BV, Promens Deventer Holding BV, Promens Do Brasil Serviços Ltda, Promens Firenze SRL, Promens Food Packaging Limited, Promens France SAS, Promens Germany GMBH, Promens Hockenheim GmbH, Promens Holding OU, Promens Holding UK Limited, Promens Huningue SAS, Promens Italy SRL, Promens Miedzyrzecz Sp. z.o.o., Promens Monastir SARL, Promens Montoir de Bretagne SAS, Promens Munchen GmbH, Promens Nitra S R O, Promens OY, Promens Packaging GmbH, Promens Packaging Limited, Promens Packaging SAU, Promens Personal Healthcare GmbH, Promens Reykjavik ehf, Promens Rijen BV, Promens SA, Promens SARL, Promens Unterstutzungseinrichtung GmbH, Promens Zevenaar BV, Providencia USA Inc., RPC 2017 Holding Company Limited, RPC ACE Plastics (Hefei) Co Limited, RPC Ace Company Limited, RPC Africa Holdings Pty Limited, RPC Asia Pacific Holdings Limited, RPC Astrapak Proprietary Limited, RPC Australia Holdings Pty Limited, RPC Beaute Marolles SAS, RPC Bramlage Antwerpen NV, RPC Bramlage DHS BV, RPC Bramlage Dinklage GmbH & Co KG, RPC Bramlage Division GmbH & Co KG, RPC Bramlage Food GmbH, RPC Bramlage GmbH, RPC Bramlage Inc., RPC Bramlage Vel'ky Meder s.r.o., RPC Bramlage Warszawa Sp.z.o.o., RPC Bramlage Werkzeugbau GmbH & Co KG, RPC Containers Limited, RPC Containers Pension Trustees Limited, RPC Emballages Moirans SAS, RPC Emballages Montpont SAS, RPC Emballages SAS, RPC Envases SA, RPC Europe Limited, RPC Finance Limited, RPC Folio Holdings GmbH, RPC Formatec GmbH, RPC Formatec Verwaltungsgesellschaft mbH, RPC Group, RPC Group Limited, RPC Group Management Limited, RPC Group Share Trustee Limited, RPC Leopard Holdings Inc., RPC Neutraubling GmbH, RPC Packaging (Deutschland) BV & Co KG, RPC Packaging BV, RPC Packaging Brasil Indústria e Comércio de Embalagens Ltda, RPC Packaging Europe BV, RPC Packaging Holdings (Deutschland) BV & Co KG, RPC Packaging Holdings (Norway) AS, RPC Packaging Holdings (US) Inc, RPC Packaging Holdings BV, RPC Packaging Holdings Brazil BV, RPC Packaging Holdings Limited, RPC Packaging Kerkrade BV, RPC Packaging Limited, RPC Pisces Holdings Limited, RPC Promens Group AS, RPC Promens Group BV, RPC Promens Industrial Crailsheim GmbH, RPC Promens Industrial Jagtenberg B.V, RPC Promens International BV, RPC Superfos Besancon SAS, RPC Superfos Ede BV, RPC Superfos US Inc., RPC Tedeco-Gizeh (UK) Limited, RPC Tedeco-Gizeh Troyes SAS, RPC Verpackungen Kutenholz GmbH, RPC Verwaltungsgesellschaft BV, RPC WIKO GmbH, RPC Wiko Verwaltungsgellschaft GmbH, RPC Zeller Plastik Libertyville Inc., Rafypak S.A. de C.V., Rexam SBC, Rigid Plastic Containers Finance Limited, Rigid Plastic Containers Holdings Limited, Rigid Plastic Containers Packaging Limited, Roll-A-Rap Limited, Rollpak Corporation, Romfilms Limited, SC Romfilms SRL, SCI Vertuquet, SPA Galion Algerie, Saeplast Americas Inc, Saeplast Chile SPA, Saeplast Iceland ehf, Saeplast Medical Inc, Saeplast Norway AS, Saeplast Spain SA, Saffron Acquisition LLC, Sanders Polyfilms Limited, Scott & Robertson Limited, Seroptic Lustroid Limited, Setco LLC, Shenzhen Howyecen Automotive Electronics Company Limited, Spec Molders Proprietary Limited, Spec Tool and Die and General Engineering Proprietary Limited, Stag Plastics Limited, Strata Products Limited, Sugden LLC, Sun Coast Industries LLC, Superfos Runcorn Limited, Superfos Tamworth Limited, Synergy Packaging Pty Limited, Tempra ehf, Terram Defencell Limited, Terram Limited, Tyco Acquisition Alpha LLC, UAB ESE Baltija, UK Polyfilm Limited, UK Polythene Limited, Uniplast Holdings LLC, Uniplast U.S. Inc., V M B Limited, Venture Packaging Inc., Venture Packaging Midwest Inc., Weener Plastop Proprietary Limited, Widnes Films Limited, Wiko (UK) Limited, Zedcor Limited, Zeller Engineering GmbH, Zeller Plastik Deutschland GmbH, Zeller Plastik Espana SLU, Zeller Plastik France SAS, Zeller Plastik Italia Srl, Zeller Plastik Mexico SA de CV, Zeller Plastik Philippines Inc, Zeller Plastik Poland Sp. z o.o., Zeller Plastik Shanghai Limited, iTUB AS, and iTUB Danmark ApS.
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This page (NASDAQ:BRY) was last updated on 5/20/2024 by MarketBeat.com Staff

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