Berry (bry)(BRY)

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Rockford Fosgate Welcomes Josh Berry as Regional Sales Manager, OEM Marine
Prnewswire· 2025-07-18 17:47
Core Insights - Rockford Fosgate has appointed Josh Berry as Regional Sales Manager for OEM Marine, aiming to enhance growth and partnerships in the marine audio sector [1][2] - Josh Berry brings 23 years of experience in 12-volt marine audio, which is expected to strengthen the company's position in the market [1][2] - The company emphasizes the importance of strategic sales initiatives and identifying new market opportunities under Berry's leadership [2] Company Overview - Rockford Fosgate is a leader in high-performance audio systems, serving the mobile, motorcycle, motorsport, and marine audio aftermarket and OEM markets [3] - The company is headquartered in Tempe, Arizona, and is a wholly owned subsidiary of Patrick Industries, Inc. [3]
Berry Corporation Announces Date for Second Quarter 2025 Earnings Release and Conference Call/Webcast
Globenewswire· 2025-07-16 20:05
Company Overview - Berry Corporation is a publicly traded independent upstream energy company focused on onshore, low geologic risk, long-lived oil and gas reserves [2] - The company operates in two business segments: exploration and production (E&P) and well servicing and abandonment services [2] - E&P assets are located in California and Utah, characterized by high oil content, with California assets in the San Joaquin Basin (100% oil) and Utah assets in the Uinta Basin (65% oil) [2] Upcoming Financial Results - Berry Corporation will report second quarter 2025 results on August 6, 2025, after the close of U.S. financial markets [1] - A conference call and webcast to discuss these results will be held on August 7, 2025, at 11:00 a.m. Eastern Time [1] - Details for joining the live audio webcast and pre-registering for questions are provided [1]
Leading Kefir-Maker Lifeway Foods' Berry Blast Probiotic Smoothie + Collagen Selected as a Good Housekeeping 2025 Snack Awards Winner
Prnewswire· 2025-06-26 18:37
Company Overview - Lifeway Foods, Inc. is a leading U.S. supplier of kefir and fermented probiotic products, recognized as one of Forbes' Best Small Companies [3] - The company produces a variety of products including drinkable kefir, cheeses, and a ProBugs line for kids, with distribution across the U.S., Mexico, Ireland, South Africa, UAE, and France [3] Product Highlights - Lifeway's Berry Blast Probiotic Smoothie + Collagen has won Good Housekeeping's 2025 Snack Awards, highlighting its market recognition [1] - The smoothie contains 5 grams of hydrolyzed collagen per bottle, supporting skin health and joint support, along with 12 live and active probiotic cultures and billions of beneficial CFUs [1][2] - The product is lactose-free and gluten-free, catering to rising consumer demand for functional dairy products [2] Market Trends - The introduction of the Probiotic Smoothie + Collagen line, which includes flavors like Matcha Latte and Tropical Fruit, responds to increasing consumer interest in gut-skin health connections [2]
Bri-Chem Corp. Reschedules Shareholder Meeting to September 16, 2025 and Announces Adoption of Advance Notice By-Law
Newsfile· 2025-06-18 22:08
Core Points - Bri-Chem Corp. has rescheduled its annual general meeting to September 16, 2025, to allow for additional resolutions and provide shareholders with adequate information regarding alternative director nominees [1][2] - The company has adopted an Advance Notice By-Law to guide the nomination of directors, which establishes deadlines for shareholders to submit nominations and outlines the required information [3][6] Company Actions - The postponement of the meeting aims to include a resolution for the ratification of the Advance Notice By-Law and to inform shareholders about a proxy contest involving alternative nominees proposed by the Hugghins Group [2][5] - The Advance Notice By-Law requires shareholders to provide timely notice for director nominations, with specific deadlines based on the type of meeting [6][7] Company Overview - Bri-Chem is a leading North American oilfield chemical distribution and blending company, known for its strategic acquisitions and organic growth [8]
Berry Corporation: Strong Operating Cost Performance
Seeking Alpha· 2025-06-18 01:37
Group 1 - Berry Corporation (NASDAQ: BRY) is expected to benefit modestly from higher near-term oil prices, although significant hedges will limit these benefits [2] - The company reported relatively low lease operating expenses in Q1 2025, indicating potential operational efficiency [2] Group 2 - The article highlights the expertise of Aaron Chow, who has over 15 years of analytical experience and is recognized as a top-rated analyst on TipRanks [2] - Chow co-founded a mobile gaming company that was acquired by PENN Entertainment, showcasing his background in both gaming and analytical modeling [2]
Berry: New Horizontal Wells, Large Impairment, And Extremely Undervalued
Seeking Alpha· 2025-06-12 05:00
Berry Corporation (NASDAQ: BRY ) recently reported a large impairment, which caused a large decrease in the total net income. Considering that the impairment is an extraordinary event, in my view, in the coming years, we will most like to see net income growth without newBased in Europe, I am an independent investor with more than a decade of experience. I research cash flow statements and unlevered free cash flow figures. My articles may include a number of assumptions about the future free cash flow of co ...
Bri-Chem Announces 2025 First Quarter Financial Results
Newsfile· 2025-05-15 23:47
Edmonton, Alberta--(Newsfile Corp. - May 15, 2025) - Bri-Chem Corp. (TSX: BRY) ("Bri-Chem" or "Company"), a leading North American oilfield chemical distribution and blending company, is pleased to announce its 2025 first quarter financial results.Three months endedMarch 31Change(in '000s except per share amounts)20252024$%Financial performanceSales$19,909$21,371$(1,462)(7%)Adjusted EBITDA(1)465(443)908(205%)As a % of revenue2%-2% Operating (loss) (23)(144)121(84%)Adjusted net (loss) (1)(618)(1,767)1,149( ...
Berry (bry)(BRY) - 2025 Q1 - Quarterly Report
2025-05-08 18:18
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 March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_______________ to _______________ Commission file number 001-38606 Berry Corporation (bry) (Exact name of registrant as specified in its charter) Delaware (State of inco ...
Berry (bry)(BRY) - 2025 Q1 - Earnings Call Transcript
2025-05-08 16:02
Berry (BRY) Q1 2025 Earnings Call May 08, 2025 11:00 AM ET Company Participants Chris Denison - Director - IR & SustainabilityFernando Araujo - CEO & Board MemberDanielle Hunter - PresidentJeff Magids - VP & CFONate Pendleton - Vice President Conference Call Participants Charles Meade - Research Analyst Operator Hello, and welcome to the Berry Corporation Q1 twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question ...
Berry (bry)(BRY) - 2025 Q1 - Earnings Call Transcript
2025-05-08 16:00
Financial Data and Key Metrics Changes - Berry Corporation reported first quarter oil and gas sales of $148 million, with a realized oil price at 93% of Brent [18] - Adjusted EBITDA for the first quarter was $68 million, and operating cash flow was $46 million [18] - The company generated $7 million in free cash flow after working capital changes [18] - Total debt at the end of the quarter was $439 million, with a leverage ratio improved to 1.37 times [21] - Liquidity increased to $120 million, and the company paid down $11 million of debt during the quarter [21] Business Line Data and Key Metrics Changes - In California, production averaged 24,700 barrels per day, slightly below the prior quarter due to planned downtime [8] - The company drilled twice as many wells in Q1 compared to Q4 of the previous year [8] - The thermal diatomite projects are expected to generate rates of return exceeding 100% [9] Market Data and Key Metrics Changes - Approximately 73% of oil production is hedged at $75 per barrel for the remainder of the year [6] - The average floor price for hedged production was raised by $6 per barrel for 2,300 barrels per day in 2026 and 2027 [19] Company Strategy and Development Direction - Berry Corporation aims to generate sustainable free cash flow, reduce debt, and return dividends while investing in high-return development projects [12][23] - The company is focused on executing its 2025 development projects and building inventory for 2026 [6][16] - The management emphasized the importance of navigating the regulatory environment in California as a competitive advantage [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating current market volatility and reaffirmed full-year guidance [5] - The company highlighted a strong hedge position that protects cash flow [6] - Management noted a constructive shift in California's regulatory environment, which could facilitate increased in-state production [15] Other Important Information - Berry Corporation reported zero recordable incidents and zero lost time incidents during the first quarter, reflecting a commitment to safety and environmental standards [14] - The company plans to publish a comprehensive report on its performance metrics and emissions data in the summer [14] Q&A Session Summary Question: Scalability of the thermal diatomite program - Management indicated significant running room in the thermal diatomite program, with about 25 categorized as PUDs and additional future locations for drilling [27][28] Question: Initial production potential in Uinta - Management shared that the four well pad in the Uinta Basin was drilled ahead of schedule, with fracking operations expected to commence in June and initial production anticipated in August [30][32] Question: Navigating the regulatory environment in California - Management attributed their success in growing California production to their experienced teams and innovative strategies, particularly in sidetrack drilling [36][38] Question: Timeline for production data from Uinta - Management clarified that production from the newly drilled wells is expected to begin in late July, with significant production numbers anticipated in August [41]