Berry (BRY) Stock Price, News & Analysis

Company Overview

Berry Petroleum Company is an independent oil and gas exploration and production firm with primary operations in the United States. The company focuses on the development, production and acquisition of crude oil, natural gas and natural gas liquids. Headquartered in Dallas, Texas, Berry concentrates its efforts on two core regions: California’s San Joaquin Basin and the Williston Basin in North Dakota.

In California, Berry’s flagship asset is the Midway-Sunset Field, one of the largest onshore oil fields in North America. There, the company employs a combination of traditional drilling and enhanced recovery techniques—such as steam-flood and water-flood—to optimize heavy oil extraction. In the Williston Basin, Berry pursues both conventional and unconventional resources, utilizing horizontal drilling and hydraulic fracturing to access oil and gas from tight formations.

Berry Petroleum emerged as a publicly traded entity in 2013 following a corporate spin-out and has since expanded its acreage and production through targeted acquisitions and development projects. In 2018, the company was acquired by Linn Energy, bringing together two complementary oil and gas portfolios to create a leading independent producer in California’s onshore market.

The company’s leadership team is headed by President and Chief Executive Officer Kevin R. Clerkin, who brings more than two decades of experience in exploration, production operations and reservoir management. Under this management group, Berry continues to refine its technical capabilities and pursue disciplined growth across its core resource basins.

Key Stats

• Today's Range: $3.21 to $3.27
• 50-Day Range: $3.19 to $3.48
• 52-Week Range: $2.36 to $4.15
• Volume: 2.05 million shs
• Average Volume: 1.13 million shs
• Market Capitalization: $253.00 million
• P/E Ratio: N/A
• Dividend Yield: 3.68%
• Price Target: $4.00
• Consensus Rating: Reduce

BRY Stock Analysis - Frequently Asked Questions

How were Berry's earnings last quarter?

Berry Corporation (NASDAQ:BRY) issued its earnings results on Wednesday, November, 5th. The energy company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by $0.15. The energy company had revenue of $151.14 million for the quarter, compared to analysts' expectations of $169.50 million. Berry had a positive trailing twelve-month return on equity of 2.95% and a negative net margin of 12.42%.

Does Berry have any subsidiaries?

Berry subsidiaries include these companies: RPC Group, Laddawn Inc., Clopay Plastic Products Company Inc., AEP Industries, Frans Nooren Beheer B.V. (STOPAQ), Rexam SBC, 159422 Canada Inc., and others.

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 a price of $15.00-$17.00 per share. Goldman Sachs, Wells Fargo Securities and BMO Capital Markets served as the underwriters for the IPO.

What other stocks do shareholders of Berry own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Berry investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 11/05/2025
• Today: 5/06/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Energy
• Industry: OIL - US INTEGRTD
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: NASDAQ:BRY
• CIK: 778438
• Web: www.berrypetroleum.com
• Phone: 661-616-3900
• Fax: N/A
• Employees: 1,070
• Year Founded: 1967

Price Target and Rating

• Average Price Target for Berry: $4.00
• High Price Target: $4.00
• Low Price Target: $4.00
• Potential Upside/Downside: +22.7%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): ($1.18)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 5.62
• P/E Growth: N/A
• Net Income: $19.25 million
• Net Margins: -12.42%
• Pretax Margin: -16.97%
• Return on Equity: 2.95%
• Return on Assets: 1.37%

Debt

• Debt-to-Equity Ratio: 0.55
• Current Ratio: 0.81
• Quick Ratio: 0.81

Sales & Book Value

• Annual Sales: $671.45 million
• Price / Sales: 0.38
• Cash Flow: $2.96 per share
• Price / Cash Flow: 1.10
• Book Value: $9.50 per share
• Price / Book: 0.34

Miscellaneous

• Outstanding Shares: 77,607,000
• Free Float: 76,055,000
• Market Cap: $253.00 million
• Optionable: Optionable
• Beta: 0.85