|Bid||6.25 x 1000|
|Ask||6.29 x 1000|
|Day's Range||6.12 - 6.44|
|52 Week Range||2.52 - 6.70|
|Beta (5Y Monthly)||566.80|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.16 (2.64%)|
|Ex-Dividend Date||Jun 14, 2021|
|1y Target Est||N/A|
Berry Petroleum (BRY) delivered earnings and revenue surprises of 600.00% and -23.89%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Berry Petroleum (BRY) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Rating Action: Moody's affirms Berry Petroleum Company's B2 CFR; outlook is stableGlobal Credit Research - 09 Apr 2021New York, April 09, 2021 -- Moody's Investors Service, ("Moody's") changed Berry Petroleum Company, LLC's (Berry) outlook to stable from negative. At the same time, Moody's affirmed Berry's B2 Corporate Family Rating (CFR), B2-PD Probability of Default Rating (PDR) and the B3 rating on its unsecured notes. Moody's also assigned a Speculative Grade Liquidity rating of SGL-2 to Berry.Assignments:..Issuer: Berry Petroleum Company, LLC.... Speculative Grade Liquidity Rating, Assigned SGL-2Affirmations:..Issuer: Berry Petroleum Company, LLC.... Probability of Default Rating, Affirmed B2-PD.... Corporate Family Rating, Affirmed B2....Senior Unsecured Notes, Affirmed B3 (LGD4) from (LGD5)Outlook Actions:..Issuer: Berry Petroleum Company, LLC....Outlook, Changed To Stable From NegativeRATINGS RATIONALEBerry's B2 CFR reflects its modest size, limited asset diversification, and relatively high cost production using thermal oil recovery.