Bry: Berry Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

In This Article: Berry ( NASDAQ:BRY ) Full Year 2024 Results Key Financial Results Revenue: US$783.8m (down 9.2% from FY 2023). Net income: US$19.3m (down 49% from FY 2023). Profit margin: 2.5% (down from 4.3% in FY 2023). EPS: US$0.25 (down from US$0.49 in FY 2023). BRY Production and Reserves Oil reserves Proven reserves: 103 MMbbls. Gas reserves Proven reserves: 18 Bcf. LNG reserves Proven reserves: 1 MMbbls. Combined production Oil equivalent production: 9.291 MMboe (9.258 MMboe in FY 2023). NasdaqGS:BRY Revenue and Expenses Breakdown March 14th 2025 All figures shown in the chart above are for the trailing 12 month (TTM) period Berry Revenues Beat Expectations, EPS Falls Short Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates by 38%. The primary driver behind last 12 months revenue was the E&P segment contributing a total revenue of US$672.0m (86% of total revenue). The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to US$172.0m (40% of total expenses). Explore how BRY's revenue and expenses shape its earnings. Looking ahead, revenue is expected to decline by 7.8% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in the US are expected to grow by 3.9%. Performance of the American Oil and Gas industry. The company's shares are down 6.7% from a week ago. Risk Analysis You should always think about risks. Case in point, we've spotted 4 warning signs for Berry you should be aware of, and 1 of them is potentially serious. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. NasdaqGS:BRY Revenue and Expenses Breakdown March 14th 2025