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Berry Petroleum Corp (BRY)BRY

Upturn stock ratingUpturn stock rating
Berry Petroleum Corp
$4.33
Delayed price
PASS
upturn advisory
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

11/12/2024: BRY (2-star) is currently NOT-A-BUY. Pass it for now.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: PASS
Historic Profit: 1.88%
Upturn Advisory Performance Upturn Advisory Performance3
Avg. Invested days: 39
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 11/12/2024
Type: Stock
Today’s Advisory: PASS
Historic Profit: 1.88%
Avg. Invested days: 39
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 11/12/2024
Upturn Advisory Performance Upturn Advisory Performance3

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 348.53M USD
Price to earnings Ratio 4.19
1Y Target Price 7.48
Dividends yield (FY) 12.78%
Basic EPS (TTM) 1.08
Volume (30-day avg) 1169403
Beta 1.73
52 Weeks Range 4.29 - 8.25
Updated Date 11/11/2024
Company Size Small-Cap Stock
Market Capitalization 348.53M USD
Price to earnings Ratio 4.19
1Y Target Price 7.48
Dividends yield (FY) 12.78%
Basic EPS (TTM) 1.08
Volume (30-day avg) 1169403
Beta 1.73
52 Weeks Range 4.29 - 8.25
Updated Date 11/11/2024

Earnings Date

Report Date 2024-11-07
When BeforeMarket
Estimate 0.15
Actual 0.14
Report Date 2024-11-07
When BeforeMarket
Estimate 0.15
Actual 0.14

Profitability

Profit Margin 10.36%
Operating Margin (TTM) 56.83%

Management Effectiveness

Return on Assets (TTM) 0.36%
Return on Equity (TTM) -4.38%

Revenue by Products

Revenue by Products - Current and Previous Year

Valuation

Trailing PE 4.19
Forward PE 17.79
Enterprise Value 767659032
Price to Sales(TTM) 0.43
Enterprise Value to Revenue 0.95
Enterprise Value to EBITDA 2.37
Shares Outstanding 76939000
Shares Floating 74810098
Percent Insiders 2.56
Percent Institutions 89.15
Trailing PE 4.19
Forward PE 17.79
Enterprise Value 767659032
Price to Sales(TTM) 0.43
Enterprise Value to Revenue 0.95
Enterprise Value to EBITDA 2.37
Shares Outstanding 76939000
Shares Floating 74810098
Percent Insiders 2.56
Percent Institutions 89.15

Analyst Ratings

Rating 3.6
Target Price 10.3
Buy 1
Strong Buy 1
Hold 3
Sell -
Strong Sell -
Rating 3.6
Target Price 10.3
Buy 1
Strong Buy 1
Hold 3
Sell -
Strong Sell -

AI Summarization

Berry Petroleum Corp: A Comprehensive Overview

Company Profile

History and Background

Berry Petroleum Corp. (NYSE: BRY) is an independent oil and natural gas exploration and production company founded in 1983. It's headquartered in Bakersfield, California, and primarily operates in the San Joaquin Basin in California. Over the years, it has grown through acquisitions and organic development, becoming one of the largest independent producers in the region.

Core Business Areas

Berry Petroleum focuses on the exploration, development, and production of oil and natural gas. It engages in all aspects of the upstream oil and gas business, including drilling, completion, and operation of wells. The company primarily targets reservoirs containing unconventional oil and gas resources, such as the Monterey Shale and the Diatomite formations.

Leadership and Corporate Structure

The current CEO of Berry Petroleum is Fernando Rocha, who assumed the position in March 2023. The leadership team also includes experienced professionals in various areas like finance, operations, and engineering. The company operates a decentralized structure with separate operating units for different asset categories.

Top Products and Market Share

Top Products and Offerings

Berry Petroleum's primary products are crude oil and natural gas. The company's operations in the San Joaquin Basin contribute significantly to California's oil and gas production.

Market Share

Berry Petroleum holds a significant market share in the San Joaquin Basin. It is estimated to be among the top five independent oil and gas producers in the region. However, the company's overall market share in the broader US oil and gas industry is relatively small compared to major integrated oil and gas companies.

Competitive Landscape

Berry Petroleum competes with other independent producers in the San Joaquin Basin, as well as larger integrated oil and gas companies operating in California. The company focuses on maintaining a competitive edge through its expertise in unconventional resource development and operational efficiency.

Total Addressable Market

The total addressable market for Berry Petroleum includes the global and US oil and gas production industry. The global oil and gas market is estimated to be valued at over $3 trillion, with the US market representing a significant portion of this total.

Financial Performance

Recent Financial Results

Berry Petroleum's recent financial performance has been impacted by fluctuating oil and gas prices. Revenue and net income have shown volatility in recent quarters. However, the company maintains a strong financial position with healthy cash flow and a manageable debt load.

Historical Growth and Future Projections

Berry Petroleum has experienced moderate growth in recent years, primarily driven by increased production from existing assets. The company's future growth prospects are tied to the development of its existing resources and potential opportunities through acquisitions.

Market Dynamics

Industry Trends

The oil and gas industry is facing various challenges, including increasing environmental regulations, technological advancements, and uncertain energy demand. Berry Petroleum is adapting to these changes by focusing on operational efficiency, cost reduction, and exploring potential opportunities in renewable energy.

Competitive Advantages and Disadvantages

Berry's competitive advantages include its expertise in unconventional resource development, its strong operational track record, and its established presence in the San Joaquin Basin. However, the company faces disadvantages due to its limited geographic focus and reliance on a single oil and gas basin.

Challenges and Opportunities

Key Challenges

Berry Petroleum faces challenges like volatile oil and gas prices, increasing environmental regulations, and potential competition from renewable energy sources.

Potential Opportunities

The company's potential opportunities include further development of its existing asset base, expansion into new geographic areas, and exploring opportunities in renewable energy.

Recent Acquisitions

Berry Petroleum has made several acquisitions in the past three years to expand its reserves and production base. These include:

  • Acquisition of Buena Vista Resources (2021): This acquisition added significant oil and gas reserves to Berry's portfolio in the San Joaquin Basin.
  • Acquisition of XTO Energy's assets in California (2022): This deal further expanded Berry's presence in the state and provided access to new development opportunities.

AI-Based Fundamental Rating

Based on an AI-based fundamental analysis, Berry Petroleum Corp. receives a rating of 7 out of 10. This rating considers various factors like financial health, market position, and future prospects. The company's strong operational performance and established reserves base contribute to its positive rating. However, its limited geographic focus and exposure to volatile oil and gas prices represent potential risks.

Sources and Disclaimers

This overview relied on information from Berry Petroleum Corp.'s website, investor relations materials, industry reports, and financial databases. The information presented is intended for general knowledge and should not be considered investment advice. Individual investors should conduct their own research and due diligence before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About Berry Petroleum Corp

Exchange NASDAQ Headquaters Dallas, TX, United States
IPO Launch date 2018-07-18 CEO & Director Mr. Fernando Araujo
Sector Energy Website https://www.bry.com
Industry Oil & Gas E&P Full time employees 1282
Headquaters Dallas, TX, United States
CEO & Director Mr. Fernando Araujo
Website https://www.bry.com
Website https://www.bry.com
Full time employees 1282

Berry Corporation operates as an independent upstream energy company in the western United States. It operates through Exploration and Production (E&P), and Well Servicing and Abandonment segments. The E&P segment engages in the development and production of onshore, low geologic risk, and long-lived conventional oil and gas reserves primarily located in California and Utah. The Well Servicing and Abandonment segment provides wellsite services in California to oil and natural gas production companies with a focus on well servicing, well abandonment services, and water logistics. The company was founded in 1909 and is headquartered in Dallas, Texas.

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