---
schema_version: "secwatch.filing_event.v1"
accession: "0001705873-24-000030"
form_type: "8-K"
ticker: null
cik: "0001705873"
company_name: "Berry Corp (bry)"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:04:09.841250+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Berry Corp Q1 net loss $40M; adjusted EPS $0.14; production 25.4K boe/d above guidance

## Summary
- Net loss of $40M ($0.53 diluted loss) vs net loss $6M YoY; adjusted net income $11M ($0.14) vs $5M.
- Revenue $166M flat YoY; production 25,400 boe/d, above 2024 guidance midpoint of 25,200 boe/d.
- Declared Q1 fixed dividend of $0.12/share; signed farm-in for four Utah horizontal wells expected on production by June 2024.
- Acquired all 2024 CA GHG allowances at 7% discount; follow-on acquisition of ~100 boe/d in Kern County in process.
- Zero recordable/lost-time incidents for second consecutive quarter; issued 2023 sustainability report with 80% methane reduction goal.

## SEC filing metadata
- accession: 0001705873-24-000030
- form_type: 8-K
- cik: 0001705873
- company_name: Berry Corp (bry)
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705873/000170587324000030/0001705873-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705873/000170587324000030/bry-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001705873-24-000030
- JSON: https://secwatch.observer/filing/0001705873-24-000030.json
- Plain text: https://secwatch.observer/filing/0001705873-24-000030.txt

## Key facts
- Earnings Releases
  Berry Corp (bry) reported financial results for the three months ended March 31, 2024.
  - Period: the three months ended March 31, 2024
  - Result: reported results
  source text: On May 1, 2024, Berry Corporation (bry) (the “Company”) issued a press release announcing its financial condition and results of operations for the three months ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705873/000170587324000030/0001705873-24-000030-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.