PRESS RELEASE For Immediate Release Berry Corporation Reports Third Quarter 2024 Results Refinances Debt, Announces Uinta Basin Opportunities, and Declares Quarterly Dividend DALLAS, TX - November 7, 2024 (GLOBE NEWSWIRE) – Berry Corporation (bry) (NASDAQ: BRY) ("Berry" or the "Company") today reported third quarter 2024 results and quarterly fixed dividends totaling $0.03 per share. The Company also announced entry into a new $545 million term loan facility that will enable the successful completion of a t ...

Berry Petroleum (BRY) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.15 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 -6.67%. A quarter ago, it was expected that this independent upstream energy company would post earnings of $0.20 per share when it actually produced earnings of $0.18, delivering a surprise of -10%. Over the last ...

Rising oil prices are weighing on the refining business as higher input costs squeeze margins. Additionally, a slowdown in oil production growth is likely to reduce profits from the upstream operations of integrated energy companies. The increasing demand for renewable energy is also casting a shadow over the future of the Zacks Oil & Gas US Integrated industry, making the outlook increasingly uncertain.Among the companies in the industry that will probably survive the business challenges are Cactus Inc. (W ...

EVANSVILLE, Ind. and CHARLOTTE, N.C., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Berry Global Group, Inc. (NYSE: BERY) (“Berry”) and Glatfelter Corporation (NYSE: GLT) (“Glatfelter”) announced today that Berry has set a record date of the close of business on November 1, 2024 for the proposed spin-off of its Health, Hygiene and Specialties Global Nonwovens and Films business (“HHNF Business”). The spin-off and merger of Berry’s HHNF Business with Glatfelter are expected to be completed on November 4, 2024, subject t ...

DALLAS, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Berry Corporation (NASDAQ: BRY) ("Berry" or the "Company") today announced it will report third quarter 2024 results on Thursday, November 7, 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: Thursday, November 7, 2024 Call Time: 11:00 am a.m. Eastern Time / 10:00 a.m. Central Time / 8:00 a.m. Pacific Time Join t ...

EVANSVILLE, Ind. and CHARLOTTE, N.C., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Berry Global Group, Inc. (NYSE:BERY) ("Berry") and Glatfelter Corporation (NYSE:GLT) ("Glatfelter") announced today that Treasure Escrow Corporation (the "Issuer"), currently an indirect, wholly owned subsidiary of Berry, priced and upsized its previously announced offering to $800 million aggregate principle amount of its senior secured notes due 2031 (the "Notes"). The Notes are being offered by the Issuer in connection with the previ ...

. . . Bri-Chem Closes Extension on Its Senior Banking Facility October 09, 2024 6:00 PM EDT | Source: Bri-Chem Corp. Edmonton, Alberta--(Newsfile Corp. - October 9, 2024) - Bri-Chem Corp. (TSX: BRY) (OTCQB: BRYFF) ("Bri-Chem" or "Company"), a leading North American oilfield chemical distribution and blending company, is pleased to announce that it has entered into an agreement with the Canadian Imperial Bank of Commerce ("CIBC") to renew its senior credit facilities ("ABL Facility") with a borrowing base of ...

EVANSVILLE, Ind. and CHARLOTTE, N.C., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Berry Global Group, Inc. (NYSE:BERY) ("Berry") and Glatfelter Corporation (NYSE:GLT) ("Glatfelter") announced today that Berry's indirect, wholly-owned subsidiary, Treasure Escrow Corporation, a Delaware corporation (the "Issuer"), plans to issue $500,000,000 of senior secured notes due 2031 (the "Notes"). The proceeds from the offering are intended to be used to fund a portion of the cash distribution to Berry Global, Inc., a Delaware ...

Berry (BRY) is a Zacks Rank #5 (Strong Sell) after the company missed the Zacks Consensus Estimate when the last reported on August 9 of this year. Berry is an independent upstream energy company which focuses on the conventional, long-lived oil reserves principally in the San Joaquin basin of California. This article will look at why this stock is a Zacks Rank #5 (Strong Sell) as it is the Bear of the Day. Description Berry Corp. is an energy exploration company, which engages in the acquisition, explorati ...

We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies. Berry Corporation (NASDAQ: BRY ) has seen its stock drop by over 30% since I looked at it in May . Berry's Q2 2024 operational results were solid and its hedges (with close to 70% of its 2H 2024 Aaron Chow, aka Elep ...