Financial Snapshot

Revenue
$890.7M
TTM
Gross Margin
60.75%
TTM
Net Earnings
$83.56M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
79.72%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
$602.7M
Q3 2024
Book Value
$914.5M
Q3 2024
Cash
Q3 2024
P/E
3.711
Nov 29, 2024 EST
Free Cash Flow
$145.7M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $903.5M $1.055B $701.3M $523.8M $559.4M $586.6M $412.4M $411.0M $641.7M
YoY Change -14.4% 50.49% 33.89% -6.36% -4.63% 42.23% 0.34% -35.95%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $903.5M $1.055B $701.3M $523.8M $559.4M $586.6M $412.4M $411.0M $641.7M
Cost Of Revenue $465.6M $467.0M $287.5M $203.0M $235.8M $209.4M $195.9M $202.2M $263.2M
Gross Profit $437.9M $451.4M $257.4M $320.9M $323.6M $377.2M $216.5M $208.8M $378.4M
Gross Profit Margin 48.47% 42.76% 36.7% 61.26% 57.85% 64.31% 52.5% 50.8% 58.97%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Selling, General & Admin $149.6M $140.8M $130.3M $121.6M $113.4M $99.10M $131.8M $149.1M $212.6M
YoY Change 6.28% 8.04% 7.17% 7.23% 14.43% -24.81% -11.6% -29.87%
% of Gross Profit 34.17% 31.19% 50.62% 37.89% 35.04% 26.27% 60.88% 71.41% 56.18%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $160.5M $156.8M $144.5M $139.2M $106.0M $86.27M $96.60M $178.2M $251.4M
YoY Change 2.36% 8.55% 3.82% 31.29% 22.88% -10.69% -45.79% -29.12%
% of Gross Profit 36.66% 34.75% 56.13% 43.37% 32.76% 22.87% 44.62% 85.34% 66.44%
Operating Expenses $308.4M $301.4M $277.9M $266.5M $219.4M $185.4M $228.5M $327.3M $463.9M
YoY Change 2.33% 8.44% 4.28% 21.47% 18.34% -18.86% -30.19% -29.45%
Operating Profit $129.5M $150.0M -$20.50M $54.40M $104.2M $191.8M -$12.00M -$118.5M -$85.50M
YoY Change -13.67% -831.87% -137.67% -47.79% -45.67% -1698.33% -89.87% 38.6%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Interest Expense -$61.80M $30.92M $31.96M $34.30M $34.23M $35.65M -$26.70M -$61.30M -$85.80M
YoY Change -299.88% -3.28% -6.8% 0.18% -3.97% -233.51% -56.44% -28.55%
% of Operating Profit -47.72% 20.61% 63.04% 32.85% 18.59%
Other Income/Expense, Net -$237.0K -$31.06M -$32.21M -$34.32M -$34.15M -$35.41M $4.000M -$200.0K -$3.300M
YoY Change -99.24% -3.58% -6.15% 0.49% -3.53% -985.13% -2100.0% -93.94%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Pretax Income $55.43M $207.7M -$14.13M -$270.1M $6.989M $190.1M -$521.0M -$1.283B -$1.015B
YoY Change -73.32% -1570.25% -94.77% -3964.83% -96.32% -136.49% -59.4% 26.39%
Income Tax $18.03M -$42.44M $1.413M -$7.218M -$36.55M $43.04M $3.000M $100.0K -$100.0K
% Of Pretax Income 32.52% -20.43% -522.96% 22.63%
Net Earnings $37.40M $250.2M -$15.54M -$262.9M $43.54M $147.1M -$524.0M -$1.283B -$1.015B
YoY Change -85.05% -1709.63% -94.09% -703.81% -70.4% -128.07% -59.16% 26.4%
Net Earnings / Revenue 4.14% 23.7% -2.22% -50.19% 7.78% 25.08% -127.06% -312.21% -158.2%
Basic Earnings Per Share $0.49 $3.19 -$0.19 -$3.29 $0.54 $0.85
Diluted Earnings Per Share $0.48 $3.03 -$0.19 -$3.29 $0.53 $0.85 -$6.445M -$15.78M -$12.49M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Cash & Short-Term Investments $4.835M $46.25M $15.28M $80.60M $0.00 $68.70M $33.90M $30.50M $1.000M
YoY Change -89.55% 202.62% -81.04% -100.0% 102.65% 11.15% 2950.0%
Cash & Equivalents $4.835M $46.25M $15.28M $80.60M $0.00 $68.70M $33.90M $30.50M $1.000M
Short-Term Investments
Other Short-Term Assets $27.93M $57.08M $33.48M $6.800M $14.60M $93.50M $43.00M $13.00M $30.70M
YoY Change -51.07% 70.49% 392.35% -53.42% -84.39% 117.44% 230.77% -57.65%
Inventory $21.12M $13.01M $12.47M $15.20M $14.00M $9.500M $5.900M $3.300M $3.400M
Prepaid Expenses
Receivables $86.92M $101.7M $86.27M $52.00M $71.90M $57.40M $54.70M $51.20M $46.10M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $140.8M $218.1M $147.5M $154.5M $100.4M $229.0M $137.5M $98.00M $81.20M
YoY Change -35.43% 47.84% -4.53% 53.88% -56.16% 66.55% 40.31% 20.69%
Property, Plant & Equipment $1.414B $1.366B $1.301B $1.258B $1.576B $1.443B $1.387B $2.340B $3.514B
YoY Change 3.52% 4.98% 3.44% -20.19% 9.26% 4.0% -40.72% -33.4%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $39.20M $46.84M $7.632M $7.200M $13.50M $20.50M $21.70M $213.9M $266.4M
YoY Change -16.31% 513.69% 6.0% -46.67% -34.15% -5.53% -89.86% -19.71%
Total Long-Term Assets $1.453B $1.413B $1.309B $1.265B $1.590B $1.463B $1.409B $2.554B $3.780B
YoY Change 2.86% 7.94% 3.45% -20.41% 8.64% 3.86% -44.84% -32.44%
Total Assets $1.594B $1.631B $1.456B $1.420B $1.690B $1.692B $1.546B $2.652B $3.862B
YoY Change
Accounts Payable $51.18M $60.29M $17.70M $11.10M $25.50M $13.60M $15.50M $2.500M $125.7M
YoY Change -15.1% 240.62% 59.45% -56.47% 87.5% -12.26% 520.0% -98.01%
Accrued Expenses $115.0M $104.6M $89.48M $64.40M $65.20M $87.70M $53.20M $55.40M $16.70M
YoY Change 10.03% 16.84% 38.95% -1.23% -25.66% 64.85% -3.97% 231.74%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $34.80M $891.3M $873.2M
YoY Change -100.0% -96.1% 2.07%
Total Short-Term Liabilities $223.2M $234.2M $187.1M $175.3M $156.6M $144.1M $182.7M $969.2M $1.018B
YoY Change -4.71% 25.14% 6.76% 11.94% 8.67% -21.13% -81.15% -4.78%
Long-Term Debt $428.0M $395.7M $394.6M $393.5M $394.3M $391.8M $379.0M $833.8M $845.4M
YoY Change 8.15% 0.3% 0.27% -0.2% 0.64% 3.38% -54.55% -1.37%
Other Long-Term Liabilities $182.7M $200.6M $180.3M $136.0M $157.7M $104.1M $123.5M $346.1M $212.1M
YoY Change -8.94% 11.27% 32.56% -13.76% 51.49% -15.71% -64.32% 63.18%
Total Long-Term Liabilities $610.7M $596.3M $574.9M $529.5M $552.0M $495.9M $502.5M $1.180B $1.058B
YoY Change 2.4% 3.74% 8.56% -4.08% 11.31% -1.31% -57.41% 11.57%
Total Liabilities $836.2M $830.5M $763.8M $705.8M $717.8M $685.8M $687.1M $2.149B $2.075B
YoY Change 0.68% 8.73% 8.22% -1.67% 4.67% -0.19% -68.03% 3.56%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Basic Shares Outstanding 76.04M shares 78.52M shares 80.21M shares 79.80M shares 81.38M shares 57.74M shares
Diluted Shares Outstanding 77.58M shares 82.59M shares 80.21M shares 79.80M shares 81.95M shares 57.93M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $310.06 Million

About Berry Corp (bry)

Berry Corp. is an energy exploration company, which engages in the acquisition, exploration, development, and production of domestic oil and natural gas reserves. The company is headquartered in Dallas, Texas and currently employs 1,282 full-time employees. The company went IPO on 2017-07-14. The firm operates through two segments: exploration and production (E&P) and well servicing and abandonment (CJWS). The E&P segment consists of the development and production of onshore, low geologic risk, long-lived conventional oil and gas reserves, primarily located in California, as well as Utah. Its California operating area consists of properties located in Midway-Sunset, South Belridge, McKittrick and Poso Creek fields in the San Joaquin basin in Kern County. The firm operates Uinta basin operations in the Brundage Canyon, Ashley Forest, and Lake Canyon areas in Utah. The well servicing and abandonment segment provides wellsite services in California for oil and natural gas production companies, with a focus on well servicing, well abandonment services and water logistics. The Company’s subsidiaries include Berry Petroleum Company, LLC; CJ Berry Well Services Management, LLC; and C&J Well Services, LLC.

Industry: Crude Petroleum & Natural Gas Peers: CONOCOPHILLIPS Crescent Energy Co DORCHESTER MINERALS, L.P. Vital Energy, Inc. PERMIAN BASIN ROYALTY TRUST SANDRIDGE ENERGY INC SAN JUAN BASIN ROYALTY TRUST SILVERBOW RESOURCES, INC. W&T OFFSHORE INC