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BRY - Berry Corporation

NASDAQ -> Energy -> Oil & Gas E&P
Dallas, United States
Type: Equity

BRY price evolution
BRY
(in millions $) 30 Jun 2024 31 Mar 2024 31 Dec 2023 30 Sep 2023
Current assets
Cash $6.69 $3.46 $4.83 $17.2
Short term investments
Net receivables $82.02 $89.94 $86.92 $102.79
Inventory $22.02 $22.22 $21.12 $20.4
Total current assets $127.49 $139.37 $140.8 $157.69
Long term investments
Property, plant & equipment $1349.59 $1384.7 $1406.61 $1390.54
Goodwill & intangible assets
Total noncurrent assets $1405.42 $1436.14 $1453.36 $1456.23
Total investments
Total assets $1532.91 $1575.52 $1594.16 $1613.92
Current liabilities
Accounts payable $168.43 $184.54 $213.4 $173.9
Deferred revenue
Short long term debt $46.16
Total current liabilities $204.54 $230.45 $223.18 $220.06
Long term debt $433.66 $448.12 $427.99 $479.63
Total noncurrent liabilities $655.4 $656.23 $613 $685.74
Total debt $433.66 $448.12 $427.99 $525.79
Total liabilities $859.95 $886.67 $836.18 $905.81
Shareholders' equity
Retained earnings $3.65 $12.41 $52.5 $5.86
Other shareholder equity
Total shareholder equity $672.96 $688.84 $757.98 $708.12
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $4.83 $46.25 $15.28 $80.56
Short term investments $36.37 $2.51
Net receivables $86.92 $101.71 $86.27 $52.03
Inventory $21.12 $13.01 $12.47 $15.2
Total current assets $140.8 $218.06 $147.5 $154.49
Long term investments $0.08 $1.07
Property, plant & equipment $1406.61 $1366.14 $1301.35 $1258.08
Goodwill & intangible assets
Total noncurrent assets $1453.36 $1412.97 $1308.98 $1265.32
Total investments $36.44 $1.07 $2.51
Total assets $1594.16 $1631.03 $1456.48 $1419.81
Current liabilities
Accounts payable $213.4 $60.29 $157.52 $151.99
Deferred revenue
Short long term debt $31.11 $29.63 $23.32
Total current liabilities $223.18 $234.21 $187.15 $175.31
Long term debt $427.99 $395.74 $413.14 $393.48
Total noncurrent liabilities $613 $596.34 $576.68 $530.47
Total debt $427.99 $440.48 $442.77 $416.8
Total liabilities $836.18 $830.54 $763.83 $705.77
Shareholders' equity
Retained earnings $52.5 $82.69 -$167.47 -$151.93
Other shareholder equity $0.01
Total shareholder equity $757.98 $800.49 $692.65 $714.04
(in millions $) 30 Jun 2024 31 Mar 2024 31 Dec 2023 30 Sep 2023
Revenue
Total revenue $197.82 $131.11 $300.33 $118.8
Cost of revenue $93.28 $105.84 $119.04 $116.2
Gross Profit $104.54 $25.27 $181.29 $2.61
Operating activities
Research & development
Selling, general & administrative $18.88 $20.23 $20.73 $20.99
Total operating expenses $106.54 $70.03 $83.38 $53.87
Operating income -$1.99 -$44.76 $97.91 -$51.26
Income from continuing operations
EBIT -$2.04 -$44.84 $97.9 -$51.3
Income tax expense -$3.33 -$13.9 $25.66 -$15.34
Interest expense $10.05 $9.14 $9.68 $9.1
Net income
Net income -$8.77 -$40.08 $62.55 -$45.06
Income (for common shares) -$8.77 -$40.08 $62.55 -$45.06
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $903.46 $918.34 $544.95 $523.83
Cost of revenue $528.03 $511.04 $340.93 $245.47
Gross Profit $375.43 $407.3 $204.02 $278.37
Operating activities
Research & development
Selling, general & administrative $95.87 $96.74 $76.92 $79.08
Total operating expenses $284.35 $168.51 $185.94 $514.16
Operating income $91.07 $238.79 $18.08 -$235.79
Income from continuing operations
EBIT $90.84 $238.65 $17.84 -$235.82
Income tax expense $18.02 -$42.44 $1.41 -$7.22
Interest expense $35.41 $30.92 $31.96 $34.3
Net income
Net income $37.4 $250.17 -$15.54 -$262.89
Income (for common shares) $37.4 $250.17 -$15.54 -$262.89
(in millions $) 30 Jun 2024 31 Mar 2024 31 Dec 2023 30 Sep 2023
Net income -$8.77 -$40.08 $62.55 -$45.06
Operating activities
Depreciation $42.84 $42.83 $40.94 $39.73
Business acquisitions & disposals -$5.26 -$0.77 -$34.31 -$52.57
Stock-based compensation $1.99 $0.39 $3.02 $3.02
Total cash flows from operations $70.89 $27.27 $79.02 $55.32
Investing activities
Capital expenditures -$37.22 -$17.89 -$14.52 -$15.46
Investments
Total cash flows from investing -$42.49 -$18.66 -$48.82 -$68.03
Financing activities
Dividends paid -$9.23 -$24.41 -$15.92 -$10.59
Sale and purchase of stock -$5.26 $0.02 -$0.06
Net borrowings -$15.94 $19.67 -$26.66 $32
Total cash flows from financing -$25.17 -$9.99 -$42.56 $21.34
Effect of exchange rate
Change in cash and equivalents $3.23 -$1.38 -$12.37 $8.63
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $37.4 $250.17 -$15.54 -$262.89
Operating activities
Depreciation $160.54 $156.85 $144.5 $139.18
Business acquisitions & disposals -$94.2 -$25.92 -$36.54
Stock-based compensation $14.36 $16.97 $13.78 $14.63
Total cash flows from operations $198.66 $360.94 $122.49 $196.53
Investing activities
Capital expenditures -$81.07 -$138.63 -$132.24 -$93.62
Investments
Total cash flows from investing -$175.27 -$164.55 -$168.79 -$93.62
Financing activities
Dividends paid -$78.19 -$109.45 -$11.49 -$19.46
Sale and purchase of stock -$16.95 -$55.44 -$3.98 -$1.04
Net borrowings $30.34 -$0.53 -$3.51 -$1.85
Total cash flows from financing -$64.8 -$165.42 -$18.98 -$22.35
Effect of exchange rate
Change in cash and equivalents -$41.41 $30.97 -$65.27 $80.56
Fundamentals
Market cap $417.01M
Enterprise value $843.98M
Shares outstanding 76.94M
Revenue $748.06M
EBITDA $166.04M
EBIT -$297.00K
Net Income -$31.36M
Revenue Q/Q -13.75%
Revenue Y/Y -29.12%
P/E ratio -13.30
EV/Sales 1.13
EV/EBITDA 5.08
EV/EBIT -2.84K
P/S ratio 0.56
P/B ratio 0.62
Book/Share 8.75
Cash/Share 0.09
EPS -$0.41
ROA -1.99%
ROE -4.44%
Debt/Equity 1.10
Net debt/EBITDA 5.14
Current ratio 0.62
Quick ratio 0.52