UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |-------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------- ...

PRESS RELEASE For Immediate Release Berry Corporation Reports Second Quarter 2024 Financial and Operating Results Highlights Strong Operational and Financial Performance and Declares Quarterly Dividends DALLAS, TX - August 9, 2024 (GLOBE NEWSWIRE) – Berry Corporation (bry) (NASDAQ: BRY) ("Berry" or the "Company") announced second quarter 2024 results and declared quarterly dividends totaling $0.17 per share. The details for today's earnings call and webcast are listed below. Quarterly Highlights & Recent An ...

Berry Petroleum (BRY) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -10%. A quarter ago, it was expected that this independent upstream energy company would post earnings of $0.18 per share when it actually produced earnings of $0.14, delivering a surprise of -22.22%. Over the last ...

DALLAS, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) ("Berry" or the "Company") announced second quarter 2024 results and declared quarterly dividends totaling $0.17 per share. The details for today's earnings call and webcast are listed below. Quarterly Highlights & Recent Announcements Produced 25,300 Boe/d, flat to first quarter; above the midpoint of 2024 annual guidance of 25,200 boe/d Cost reductions on pace, highlighted by 11% sequential quarter decrease in Lease Operating ...

VANCOUVER, British Columbia, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the "Company" or "Calibre") is pleased to announce that the Honorable Steven Guilbeault, Minister of Environment and Climate Change Canada, has approved the addition of a third open pit, the Berry Deposit ("Berry Pit"), at its 100% owned Valentine Gold Mine ("Valentine"). In August 2023, an environmental assessment update was submitted to the Impact Assessment Agency of Canada ("IAAC") regarding pro ...

Berry Petroleum (BRY) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 9. ...

DALLAS, July 30, 2024 (GLOBE NEWSWIRE) -- Berry Corporation (NASDAQ: BRY) ("Berry" or the "Company") today announced it will report second quarter 2024 results on Friday, August 9, 2024, before the open of U.S. financial markets and will host a conference call and webcast that morning to discuss these results; details and links are provided below. Earnings Call Information Call Date: Friday, August 9, 2024 Call Time: 8:30 am a.m. Eastern Time / 7:30 a.m. Central Time / 5:30 a.m. Pacific Time Join the live l ...

With a focus on innovation, operational excellence, and strategic market penetration, Magnera will have the broadest global product offering in high-growth markets for both polymer and fiber-based product applications. The launch of this new identity marks the next chapter in the transaction journey, emphasizing a commitment to innovation and leadership in the specialty materials industry. Magnera will leverage a broad platform of 46 global manufacturing facilities, offering its customers innovative solutio ...

DUBLIN, Ohio, June 12, 2024 /PRNewswire/ -- This summer, Wendy's® fans can cool off with a new and ohso-refreshing Frosty® treat. Now available nationwide for a limited time, Triple Berry Frosty* is the biggest and juiciest flavor to join Wendy's iconic Frosty lineup yet. Triple Berry Frosty combines three of the freshest fruit flavors of the season – strawberry, blackberry and raspberry – into one sweet summer treat. A Frosty that's just as bright in color as it is in berry flavor, Triple Berry Frosty is t ...

Core Viewpoint - Bri-Chem Corp. reported a significant decline in financial performance for Q1 2024, primarily due to reduced US drilling activity and a lower average rig count, leading to decreased sales and increased net losses compared to the same period in 2023 [1][3][10]. Financial Performance - Consolidated sales for Q1 2024 were $21.4 million, a decrease of 21% from $27.2 million in Q1 2023, attributed to a 19% drop in US drilling activity [2][5]. - Adjusted EBITDA for Q1 2024 was negative $443 thousand, down from $1.6 million in Q1 2023, reflecting a decrease of $2.1 million [2][8]. - The net loss for Q1 2024 was $1.5 million, compared to a net earnings of $265 thousand in Q1 2023, marking a decline of $1.8 million [2][3]. Financial Position - Total assets decreased to $66.2 million from $75.7 million, a reduction of 12% year-over-year [2]. - Working capital as of March 31, 2024, was $14.7 million, down 8% from $15.9 million in the previous year [4]. - Long-term debt slightly decreased to $6.7 million from $6.9 million, a 3% reduction [2]. Segment Performance - Canadian drilling fluids distribution sales were $2.8 million, down from $3.6 million in Q1 2023, due to slowing sales of select commodity items [6]. - US drilling fluids distribution sales fell to $12.6 million from $16.8 million, a 25% decrease, linked to a drop in the average rig count [6]. - Canadian blending and packaging division saw a slight increase in sales to $4.6 million from $4.3 million, while US blending and packaging sales dropped to $1.4 million from $2.5 million [7]. Outlook - North American drilling activity is expected to remain low, with a 19% decrease in US oil and gas rig counts due to falling gas prices [10]. - The Canadian market outlook is more positive, with the completion of the Trans Mountain pipeline expansion anticipated to enhance capacity and access to global markets [10]. - The company plans to implement expense management strategies and focus on new business development and organic growth in response to current market conditions [10]. Banking Facility Amendments - Bri-Chem finalized an amendment with CIBC regarding its senior lending facility due to a covenant breach, which now includes a cumulative budgeted EBITDA covenant tested monthly [9].