TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Berry Petroleum ( (BRY) ) has issued an announcement.
On September 14, 2025, Berry Corporation announced a merger agreement with California Resources Corporation, creating a stronger entity in the California energy market. The all-stock transaction values Berry at approximately $717 million, with CRC shareholders expected to own 94% of the combined company. The merger is anticipated to enhance financial metrics, achieve significant synergies, and maintain a strong balance sheet, positioning the company for long-term growth and operational efficiency.
The most recent analyst rating on (BRY) stock is a Buy with a $7.50 price target. To see the full list of analyst forecasts on Berry Petroleum stock, see the BRY Stock Forecast page.
Spark’s Take on BRY Stock
According to Spark, TipRanks’ AI Analyst, BRY is a Outperform.
Berry Petroleum’s overall stock score reflects a stable financial position with strong cash flow management and positive technical indicators. The earnings call provided confidence with debt reduction and operational efficiencies. However, high P/E ratio suggests potential overvaluation, and profitability challenges remain.
To see Spark’s full report on BRY stock, click here.
More about Berry Petroleum
Berry Corporation operates in the energy sector, focusing on oil and gas production primarily in California. The company is known for its conventional oil-weighted reserves and sustainable cash flow generation.
Average Trading Volume: 1,056,700
Technical Sentiment Signal: Sell
Current Market Cap: $256.9M
For an in-depth examination of BRY stock, go to TipRanks’ Overview page.