Piper Sandler Keeps Their Hold Rating on Berry Petroleum (BRY)

Piper Sandler analyst Mark Lear maintained a Hold rating on Berry Petroleum with a price target of $4.00. Lear, a 4-star analyst with a 5.1% average return, focuses on the Energy sector. The general analyst consensus for Berry Petroleum is a Moderate Buy with a $5.17 average price target.

20:30 ET SHAREHOLDER ALERT: The M&A Class Action Firm Continues to Investigate the Merger-HOUS, CRTAF, BRY, and AKRO

Monteverde & Associates PC, a top class action firm, is investigating several mergers: Anywhere Real Estate's sale to Compass Inc., Cartica Acquisition's merger with Nidar Infrastructure, Berry Corporation's sale to California Resources, and Akero Therapeutics' sale to Novo Nordisk. The firm, known for recovering millions for shareholders, is urging shareholders to act before upcoming votes. The investigations focus on ensuring fair shareholder treatment in these transactions.

Berry Corporation Merger With California Resources Clears Antitrust Waiting Period

Berry Corporation is set to become a wholly-owned subsidiary of California Resources Corporation as their merger progresses. A significant antitrust waiting period has expired, moving the deal closer to completion. However, the transaction still requires approval from Berry shareholders and the U.S. Federal Energy Regulatory Commission before finalization.

Berry | 10-Q: FY2025 Q3 Revenue: USD 151.14 M

Berry Corp (bry) SEC 10-Q Report

Berry Corp (bry) has released its Q3 2025 Form 10-Q report, showing total revenues of $543.9 million, down from $597.4 million last year. The company reported a net loss of $89.1 million, compared to a net income of $21.0 million in the prior year. Key operational highlights include drilling 31 wells in California and completing a four-well horizontal pad in Utah. The company plans to focus on thermal diatomite assets and horizontal drilling, with a merger with California Resources Corporation expected to close in Q1 2026.