Berry Corporation (BRY) Q4 2022 Earnings Call Transcript

Feb. 22, 2023 2:55 PM ETBerry Corporation (BRY) StockBRY
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Q4: 2023-02-22 Earnings Summary

EPS of $0.95 beats by $0.72
 | Revenue of $194.68M (-6.44% Y/Y) beats by $6.75M

Berry Corporation (NASDAQ:BRY) Q4 2022 Earnings Conference Call February 22, 2023 11:00 AM ET

Company Participants

Todd Crabtree - IR
Fernando Araujo - CEO
Michael Helm - CFO

Conference Call Participants

Charles Meade - Johnson & Rice
Nicholas Pope - Seaport Research
Lloyd Byrne - Jefferies LLC

Operator

Good day, and thank you for standing by. Welcome to the Berry Corporation Quarter Four and Full Year 2022 Earnings Call. [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, Todd Crabtree with Investor Relations. Todd, please go ahead.

Todd Crabtree

Thank you, Amber, and welcome, everyone, and thank you for joining us for Berry's fourth quarter and full year 2022 earnings teleconference. Earlier today, Berry issued an earnings release highlighting full year 2022 and fourth quarter results. Speaking this morning will be Fernando Araujo, our Chief Executive Officer; and Mike Helm, our Chief Financial Officer.

Before we begin, I would like to call your attention to the safe harbor language found in our earnings release that was issued this morning. The release and today's discussion contain certain projections and other forward-looking statements within the meaning of federal security 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 our 10-K, which we filed next week. 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 earning release and that presentation, reflect our analysis as of the date made. We have no plans or duty to update them, except as required by law. Please refer

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