BERY gains from strength across its businesses, accretive acquisitions and shareholder-friendly policies. High long-term debt remains concerning.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Berry Corporation (NASDAQ:BRY ) Q4 2024 Earnings Conference Call March 13, 2025 11:00 AM ET Company Participants Todd Crabtree - Investor Relations Fernando Araujo - Chief Executive Officer Danielle Hunter - President Jeff Magids - Chief Financial Officer Conference Call Participants Charles Meade - Johnson Rice Nate Pendleton - Texas Capital Emma Schwartz - Jefferies Operator Good day, and thank you for standing by. Welcome to the Berry Corporation Q4 and Full Year 2024 Earnings Conference Call.
BERY gains from strength across its businesses and a balanced capital allocation strategy. However, rising costs and expenses remain concerning.
New CFO, New Debt Financing, And Current Stock Price Make Berry A Buy
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Berry is planning to put 40% of its 2025 capex to its Utah assets. Utah accounts for around 19% of its total production and 12% of its oil production as of Q3 2024. Berry's Utah production may increase by several percent per year as a percentage of Berry's total production due to the increased spending there.
BERY's first-quarter fiscal 2025 net sales increase 2% year over year, driven by higher selling prices.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Berry Petroleum (BRY) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Here is how Berry Petroleum (BRY) and Plains GP Holdings (PAGP) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.