Berry Corporation reports Q2 adjusted EPS 0c, consensus 1c

Reports Q2 revenue $210.08M vs. $182.65M last year. Fernando Araujo, Berry’s Chief Executive Officer, said, “Our full year drilling activity is now complete and we are positioned for sequential production growth through the end of the year. On the regulatory front, we are encouraged by positive developments in California which could potentially open up new drill permitting pathways by year-end. Irrespective of the outcome, we have the permits in hand today to execute our multi-year development plans.”