Berry Corporation (BRY) Discusses California Resources Corporation Announces All-Stock

Core Viewpoint - California Resources Corporation (CRC) has announced an all-stock combination with Berry Corporation, indicating a strategic move to enhance its market position and operational capabilities [1][2]. Group 1: Company Overview - The call is led by CRC's President and CEO, Francisco Leon, with participation from Berry's CEO, Fernando Araujo, highlighting the collaborative nature of the announcement [2]. - CRC's executive team is present for the discussion and Q&A, indicating a comprehensive approach to stakeholder engagement [2]. Group 2: Financial Disclosures - Supplemental slides detailing non-GAAP financial measures reconciled to GAAP measures are available on the Investor Relations section of CRC's website, emphasizing transparency in financial reporting [2]. - The discussion includes forward-looking remarks based on current expectations, with a caution that actual results may differ due to various factors, which is a standard practice in corporate communications [3].