Berry Corporation (Bry)

Berry Corporation (Bry) (BRY) Stock Analysis

$3.260

+0.071 (+2.19%)At close

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High
3.270
Open
3.210
VWAP
3.25
Vol
2.05M
Mkt Cap
496.26M
Low
3.210
Amount
6.66M
EV/EBITDA, TTM
2.50

Berry Corporation (Bry) is an independent upstream energy company with a focus on onshore, low geologic risk, low decline, long-lived oil and gas reserves. The Company operates in two business segments: exploration and production (E&P) and well servicing and abandonment services. The E&P assets are located in California and Utah, are characterized by high oil content and are predominantly located in rural areas with a low population. The California assets are in the San Joaquin Basin (100% oil), and its Utah assets are in the Uinta Basin (65% oil). It provides its well servicing and abandonment services to third-party operators in California and its California E&P operations through C&J Well Services (CJWS). Its California operating area consists of properties located in Midway-Sunset, South Belridge, McKittrick and Poso Creek fields in the San Joaquin basin in Kern County. The Company’s properties in this region are primarily mature, low-decline oil wells.

bry.com

Analyst Ratings (9)

+58.59% upside
Buy
9 Buy
0 Hold
0 Sell
Current: 3.26
Low
4.00
Average
5.17
High
7.50

RBC Capital

2026-01-05

Price Target

$70

Outperform

Johnson Rice

2025-09-15

Price Target

$4

Hold

Mizuho

2025-09-15

Price Target

$71

Outperform

Piper Sandler

2025-07-17

Price Target

$4

Neutral

Johnson Rice

2025-05-21

Price Target

Buy

Valuation Metrics

The current forward P/E ratio for Berry Corporation (Bry) (BRY) is 6.39, compared to its 5-year average forward P/E of 15.17.

Forward P/E

Fair
5Y Average P/E
15.17
Current P/E
6.39
Overvalued
44.98
Undervalued
-14.65

Forward EV/EBITDA

Undervalued
5Y Average EV/EBITDA
3.09
Current EV/EBITDA
2.50
Overvalued
3.59
Undervalued
2.60

Forward P/S

Undervalued
5Y Average P/S
0.73
Current P/S
0.40
Overvalued
0.95
Undervalued
0.51

Alphio AI Price Scenarios for BRY

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%BRY

$3.60

Scenario price

B

Base

Base · 50%BRY

$3.53

Scenario price

B

Bear

Bear · 25%BRY

$2.69

Scenario price

Events Timeline

2025-12-18 (ET)

08:40:00

California Resources Completes All-Stock Merger with Berry Corporation

2025-12-15 (ET)

12:30:00

Berry Corporation Shareholders Approve Merger with California Resources

2025-11-05 (ET)

09:03:36

Berry Corporation announces Q3 adjusted earnings per share of 8 cents, surpassing consensus estimate of 6 cents.

2025-09-15 (ET)

12:21:19

Roth believes California Resources-Berry synergies could exceed initial estimates.

10:25:10

Jefferies finds 'irrefutable' rationale in merging California Resources and Berry

News

BRY FAQ — answered by Alphio AI

Berry Corporation (Bry) is an independent upstream energy company with a focus on onshore, low geologic risk, low decline, long-lived oil and gas reserves. The Company operates in two business segments: exploration and production (E&P) and well servicing and abandonment services. The E&P assets are located in California and Utah, are characterized by high oil content and are predominantly located in rural areas with a low population. The California assets are in the San Joaquin Basin (100% oil), and its Utah assets are in the Uinta Basin (65% oil). It provides its well servicing and abandonment services to third-party operators in California and its California E&P operations through C&J Well Services (CJWS). Its California operating area consists of properties located in Midway-Sunset, South Belridge, McKittrick and Poso Creek fields in the San Joaquin basin in Kern County. The Company’s properties in this region are primarily mature, low-decline oil wells. It operates in the Energy sector (CRUDE PETROLEUM & NATURAL GAS industry).

9 analysts cover BRY: 9 rate it Buy, 0 Hold and 0 Sell. The average price target is 5.17.

This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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