California Resources 2026 Outlook: Policy Shifts and Berry Merger
CRC enters 2026 with a friendlier California policy mix and the Berry merger set to add scale, synergies, and balance-sheet flexibility.
Analysts Estimate Berry Petroleum (BRY) to Report a Decline in Earnings: What to Look Out for
Berry Petroleum (BRY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
C3.ai, Inc. (AI) Q1 2026 Earnings Call Transcript
C3.ai, Inc. (NYSE:AI ) Q1 2026 Earnings Call September 3, 2025 5:00 PM EDT Company Participants Amit Berry Hitesh Lath - Senior VP & CFO Thomas Siebel - Founder, CEO & Chairman of the Board Stephen Ehikian Conference Call Participants Radi Sultan - UBS Investment Bank, Research Division Matthew Calitri - Needham & Company, LLC, Research Division Presentation Amit Berry Good afternoon, and welcome to C3 AI's Earnings Call for the First Quarter of Fiscal Year 2026, which ended on July 31, 2025. My name is Amit Berry, and I lead Investor Relations at C3 AI.
Berry Corporation: California Regulatory Situation Looking More Positive
Berry's hedged lease operating expenses per BOE ended up 6% below full year guidance midpoint during 1H 2025. This should benefit from increased production in 2H 2025. The California regulatory situation appears to be improving after being quite unfavorable before.
Berry Petroleum (BRY) Reports Break-Even Earnings for Q2
Berry Petroleum (BRY) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.18 per share a year ago.
Analysts Estimate Berry Petroleum (BRY) to Report a Decline in Earnings: What to Look Out for
Berry Petroleum (BRY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Berry Corporation: Strong Operating Cost Performance
Berry gets some benefit from stronger oil prices, although it is roughly 75% hedged on oil in 2025. Berry's Q1 2025 lease operating expenses came in at $26.40 per BOE, around 9% lower than its full-year guidance midpoint of $28.90 per BOE. I am not assuming that reduction is sustainable yet, but it would help Berry significantly if it is.
Berry: New Horizontal Wells, Large Impairment, And Extremely Undervalued
Berry Corporation's recent impairment is a one-off event, I expect net income to rebound without further impairments, making current earnings look artificially weak. New horizontal well developments and ongoing capital expenditures could boost proven reserves and free cash flow, supporting a higher future stock price. The stock repurchase program and insider purchases at $9/share signal undervaluation, with shares now trading near $3 and substantial buyback capacity remaining.
Berry Corporation (BRY) Q1 2025 Earnings Call Transcript
Berry Corporation (NASDAQ:BRY ) Q1 2025 Earnings Conference Call May 8, 2025 11:00 AM ET Company Participants Chris Denison - Director, Investor Relations Fernando Araujo - Chief Executive Officer Danielle Hunter - President Jeff Magids - Chief Financial Officer Conference Call Participants Nate Pendleton - Texas Capital Charles Meade - Johnson Rice Operator Hello, and welcome to the Berry Corporation Q1 2025 Earnings Call. At this time, all participants are in a listen-only mode.
Berry Petroleum (BRY) Beats Q1 Earnings Estimates
Berry Petroleum (BRY) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.14 per share a year ago.
Analysts Estimate Berry Petroleum (BRY) to Report a Decline in Earnings: What to Look Out for
Berry Petroleum (BRY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Berry Corporation Increases Its Oil Swap Positions
Berry is projected to generate $61 million in 2025 free cash flow at current strip, benefiting from mid-$70s Brent hedges. It converted oil collars and puts to swaps for its 2026 and 2027 hedges. Berry now has around 63% of its 2026 oil production hedged at near-$70s Brent.
