Berry (BRY) to Release Quarterly Earnings on Wednesday

Berry (NASDAQ:BRY - Get Free Report) is expected to release its earnings data after the market closes on Wednesday, March 12th. Analysts expect Berry to post earnings of $0.12 per share and revenue of $173.00 million for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

Berry Stock Up 3.2 %

Shares of BRY stock traded up $0.11 during mid-day trading on Friday, reaching $3.56. 894,356 shares of the company were exchanged, compared to its average volume of 1,084,065. Berry has a fifty-two week low of $3.36 and a fifty-two week high of $8.88. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.80 and a current ratio of 0.80. The company has a market capitalization of $273.90 million, a P/E ratio of 3.30 and a beta of 1.67. The business's 50 day simple moving average is $4.37 and its 200 day simple moving average is $4.74.

Analyst Upgrades and Downgrades

Separately, Piper Sandler decreased their price target on shares of Berry from $7.00 to $5.00 and set a "neutral" rating for the company in a research report on Monday, November 18th.

Berry Company Profile

Berry Petroleum Company, LLC., formerly Berry Petroleum Company, is an independent energy company. The Company is engaged in the production, development, exploitation, and acquisition of oil and natural gas. The Company's principal reserves and producing properties are located in California (South Midway-Sunset (SMWSS)-Steam Floods, North Midway-Sunset (NMWSS)-Diatomite, NMWSS-New Steam Floods, Texas (Permian and E.