Berry Petroleum Company is an independent energy company engaged in the production, development, acquisition, exploitation of and exploration for, crude oil and natural gas. The Company has organized its operations into six asset teams: South Midway-Sunset (S. Midway), North Midway-Sunset, including diatomite (N. Midway), Permian, Uinta, East Texas (E. Texas) and Piceance. Its S. Midway asset team is primarily focused on production. The Company owns and operates properties in the South Midway-Sunset Field in the San Joaquin Valley. On April 1, 2009, the Company sold its DJ basin assets.
Financial Summary - Last Updated 08/12/10
BRIEF: For the six months ended 30 June 2010, Berry Petroleum Company's revenues increased 45% to $412.1M. Net income form cont. operation totaled $104.6M, up from $28.3M. Revenues reflect an increase in income from sale of electricity & the presence of income form settlement of flying J bankruptcy claim. Higher income reflects lower general & administrative expense, decreased depreciation charges and the absence of extinguishment of debt.
Previous Two SEC Filings
Fiscal Dt
Fiscal Year
Q
First Updated
06/30/10
2010
2
07/31/10
03/31/10
2010
1
05/01/10
Pricing Data
52 Week Change
+23.47%
52 Week Change Relative to SP500
+17.13%
52 Week High
$34.31
Last Close
$29.35
52 Week Low
$23.57
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