Berry Corporation (BRY) CEO Trem Smith on Q4 2019 Results - Earnings Call Transcript

Berry Corporation (NASDAQ:BRY) Q4 2019 Earnings Conference Call February 27, 2020 9:00 AM ET

Company Participants

Todd Crabtree - Investor Relations
Trem Smith - Board Chair, CEO and President
Gary Grove - Chief Operating Officer and Executive Vice President
Cary Baetz - Chief Financial Officer and Executive Vice President

Conference Call Participants

Leo Mariani - KeyBanc
Charles Meade - Johnson Rice

Operator

Good morning ladies and gentlemen and thank you for standing by. Welcome to the Berry Corporation Quarter Four and Full Year 2019 Earnings Call. [Operator Instructions]

I would now like to hand the call over to your host Ms. Todd Crabtree Manager of Investor Relations. Todd you may begin.

Todd Crabtree

Thank you Rusty and welcome to everyone. Thank you for joining us on this teleconference to discuss Berry's fourth quarter and full year 2019 results. Yesterday afternoon Barry issued an earnings release with these results. Speaking this morning will be Trem Smith Board Chair and CEO; Gary Grove Chief Operating Officer and Executive Vice President; and Cary Baetz Chief Financial Officer and Executive Vice President. Trem will review highlights from the fourth quarter and full year 2019 and also discuss some important strategic initiatives that are in the works. Gary and then Cary will discuss our key operational and financial results.

Before turning it over to questions Trem will make a few concluding remarks. Before we begin I want to call your attention to the safe harbor language found in our earnings release. The earnings release in today's discussion contains certain projections and other forward-looking statements within the meaning of federal securities laws. These statements are subject to risks and uncertainties that may cause actual results to differ materially from those expressed or implied in these statements. These include risks and other factors outlined in our filings with the SEC including