Berry Corporation

Berry Corporation

BRYยทNASDAQ

$3.26

+0.0000%
EnergyOil & Gas Exploration & Production

Berry Corporation, an independent upstream energy company, engages in the development and production of conventional oil reserves located 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. As of December 31, 2021, it had a total of 3,417 net productive wells. The company was formerly known as Berry Petroleum Corporation and changed its name to Berry Corporation in February 2020. Berry Corporation was founded in 1909 and is headquartered in Dallas, Texas.

At a Glance

Live Snapshot
Market Cap$253.00M
EPS0.2500
P/E Ratio13.04
Earnings Date03/11/2026
Berry Corporation

Berry Corporation Fair Value Envelope

BRY ยท NASDAQ

Our analysis suggests that BRY has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $3.26, this represents a potential HIDDEN relative to our calculated worth for Berry Corporation.

Intrinsic Value
Current Price: $3.26

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$1.5B
+ Cash & Equivalents$15.3M
Firm Value$1.5B
- Debt$435.2M
Equity Value$1.1B
/ Shares Outstanding77,601,842B
DCF Value$14
UNDERVALUED BY 324%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$192.8M
$176.9M
$162.3M
$148.9M
$136.6M
$125.3M
$114.9M
$105.4M
$96.7M
$88.7M
Maintenance CapEx
-$18.8M
-$17.2M
-$15.8M
-$14.5M
-$13.3M
-$12.2M
-$11.2M
-$10.3M
-$9.4M
-$8.6M
Owner Earnings
$174.1M
$159.7M
$146.5M
$134.4M
$123.3M
$113.1M
$103.7M
$95.2M
$87.3M
$80.1M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$161.2M
$136.9M
$116.3M
$98.8M
$83.9M
$71.3M
$60.5M
$51.4M
$43.7M
$37.1M
Terminal Value represents 42.3% of Enterprise Value