Berry Corporation (Bry)Change company Symbol lookupSelect an option...BRY Berry Corporation (Bry)ORGN Origin Materials IncAHL-C Aspen Insurance Holdings LtdTPIC TPI Composites IncALL Allstate CorpATEX Anterix IncALKT Alkami Technology IncPSX Phillips 66PSA Public StoragePRU Prudential Financial IncGo
Berry Corporation (Bry), formerly Berry Petroleum Corporation, is an independent upstream energy company. The Company is engaged in the development and production of conventional oil reserves located in the Western United States. It primarily focuses on the exploration of domestic oil and natural gas reserves located in the San Joaquin Basin in California, the Uinta Basin in Utah, and the Piceance Basin in Colorado. The San Joaquin and East Ventura Basins in California covers an area of approximately 8,701 net acres of properties located in Midway-Sunset, South Belridge, McKittrick and Poso Creek fields.The Utah Basin consists of operations in the Brundage Canyon, Ashley Forest and Lake Canyon areas target the Green River and Wasatch formations that cover an area of approximately 93,009 net acres. The Colorado operating area consists of coals and carbonaceous shale in the Piceance basin that covers an area of approximately 8,008 net acres.
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Values displayed are in millions.
| 2016 12/31/16 | 2017 12/31/17 | 2018 12/31/18 | 2019 12/31/19 | 2020 12/31/20 | |
|---|---|---|---|---|---|
| Cash and Short Term Invs | 30 | 34 | 69 | 0 | 81 |
| Trade Accts Recvble, Gross | 51 | 56 | 58 | 73 | 54 |
| Prov. for Doubtful Accts | 0 | (1) | (1) | (1) | (2) |
| Total Receivables, Net | 51 | 55 | 57 | 72 | 52 |
| Total Inventory | 3 | 6 | 9 | 14 | 15 |
| Prepaid Expenses | 4 | 7 | 5 | 5 | 4 |
| Restricted Cash - Current | 0 | 35 | 0 | -- | -- |
| Other Current Assets | 9 | 1 | 89 | 10 | 3 |
| Other Curr. Assets, Total | 9 | 36 | 89 | 10 | 3 |
| Total Current Assets | 98 | 138 | 229 | 100 | 154 |
| Buildings | 6 | 3 | 3 | 4 | 2 |
| Land/Improvements | 0 | 8 | 8 | 8 | 7 |
| Machinery/Equipment | 113 | 83 | 93 | 104 | 82 |
| Natural Resources | 5,027 | 1,342 | 1,462 | 1,676 | 1,413 |
| Other Prop./Plant/Equip. | 4 | 11 | 15 | 20 | 22 |
| Prop./Plant/Equip. - Gross | 5,150 | 1,447 | 1,582 | 1,811 | 1,525 |
| Accumulated Depreciation | (2,810) | (60) | (139) | (235) | (267) |
| Prop./Plant/Equip. - Net | 2,340 | 1,387 | 1,443 | 1,576 | 1,258 |
| Deferred Charges | -- | 20 | 16 | 11 | 7 |
| Restricted Cash - LT | 198 | 0 | -- | -- | -- |
| Other Long Term Assets | 16 | 2 | 5 | 2 | 0 |
| Total Assets | 2,652 | 1,546 | 1,692 | 1,690 | 1,420 |
Values displayed are in millions.
| 2016 12/31/16 | 2017 12/31/17 | 2018 12/31/18 | 2019 12/31/19 | 2020 12/31/20 | |
|---|---|---|---|---|---|
| Accounts Payable | 2 | 15 | 14 | 25 | 11 |
| Payable/Accrued | -- | -- | 0 | 25 | 61 |
| Accrued Expenses | 55 | 53 | 88 | 65 | 64 |
| Notes Payable/ST Debt | 0 | 0 | 0 | 0 | 0 |
| Curr. Port. LT Dbt/Cap Ls. | 891 | 35 | 0 | -- | -- |
| Dividends Payable | -- | 0 | 10 | 10 | 0 |
| Other Payables | 11 | 29 | 33 | 26 | 16 |
| Other Current Liabilities | 9 | 50 | 0 | 5 | 23 |
| Other Curr. Lblts, Total | 20 | 79 | 43 | 41 | 39 |
| Total Current Liabilities | 969 | 183 | 144 | 157 | 175 |
| Total Long Term Debt | 834 | 379 | 392 | 394 | 393 |
| Total Debt | 1,725 | 414 | 392 | 394 | 393 |
| Deferred Income Tax | 0 | 2 | 46 | 9 | 1 |
| Reserves | 139 | 95 | 89 | 124 | 135 |
| Other LT Liabilities | 207 | 29 | 15 | 34 | 1 |
| Other Liabilities, Total | 346 | 124 | 104 | 158 | 136 |
| Total Liabilities | 2,149 | 687 | 686 | 718 | 706 |
Values displayed are in millions.
| 2016 12/31/16 | 2017 12/31/17 | 2018 12/31/18 | 2019 12/31/19 | 2020 12/31/20 | |
|---|---|---|---|---|---|
| Pref. Stock-Non Rdmbl, Net | 0 | 335 | 0 | -- | -- |
| Common Stock | 0 | 0 | 0 | 0 | 0 |
| Additional Paid-In Capital | 2,799 | 545 | 915 | 902 | 916 |
| Ret. Earn.(Accum. Deficit) | (2,296) | (21) | 116 | 121 | (152) |
| Treasury Stock - Common | -- | -- | (24) | (50) | (50) |
| Total Equity | 503 | 859 | 1,006 | 972 | 714 |
| Total Liabilities & Shareholders’ Equity | 2,652 | 1,546 | 1,692 | 1,690 | 1,420 |
| Ttl Comm. Shares Outs. | 81 | 81 | 82 | 80 | 80 |
| Trsy. Shrs-Comm. Primary Iss. | 0 | 0 | 0 | 5 | 5 |
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