Berry Corporation's (BRY) CEO Trem Smith on Q2 2022 Results - Earnings Call Transcript

Aug. 03, 2022 3:05 PM ETBerry Corporation (BRY) StockBRY
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Q2: 2022-08-03 Earnings Summary

EPS of $0.64 misses by $0.02
 | Revenue of $253.13M (155.05% Y/Y) beats by $44.00M

Berry Corporation (NASDAQ:BRY) Q2 2022 Earnings Conference Call August 3, 2022 11:00 AM ET

Company Participants

Danielle Hunter - General Counsel
Trem Smith - Board Chair and Chief Executive Officer
Fernando Araujo - Chief Operating Officer and Executive Vice President
Cary Baetz - Chief Financial Officer and Executive Vice President

Conference Call Participants

Michael Ferro - Johnson Rice & Company
Steven Busch - Everglades

Operator

Good day and thank you for standing by. And welcome to the Berry Corporation's Q2 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Danielle Hunter, General Counsel. You may begin.

Danielle Hunter

Thank you. Welcome to everyone. Thanks you for joining us for Berry's second quarter 2022 earnings teleconference. Earlier today, Berry issued an earnings release highlighting second quarter results. Speaking this morning will be Trem Smith, Board Chair and CEO; Fernando Araujo, Chief Operating Officer and Executive Vice President; and Cary Baetz, Chief Financial Officer and Executive Vice President.

Before we begin, I want to call your attention to the safe harbor language found in our earnings release. The release and today's discussion contain 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. Our website bry.com has a link to the earnings release and our most recent investor presentation. Any information, including forward-looking statements made on this call or contained in the earnings release and that

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