Name | Value |
---|---|
Revenues | 184.3M |
Cost of Revenue | 121.7M |
Gross Profit | 62.6M |
Operating Expense | 62.6M |
Operating I/L | -4.7M |
Other Income/Expense | 99.0M |
Interest Income | 0.0M |
Pretax | 94.3M |
Income Tax Expense | 24.4M |
Net Income/Loss | 69.9M |
Berry Corporation is an independent upstream energy company focused on the development and production of conventional oil reserves in the western United States. It operates in two segments, Development and Production, and Well Servicing and Abandonment. The company's properties are located in the San Joaquin and Ventura basins, California; and Uinta basin, Utah. With a total of 3,417 net productive wells as of December 31, 2021, Berry Corporation generates revenue through the exploration, extraction, and sale of oil from its reserves.