Brief: Berry Petroleum Says Full Year Adjusted G&A Will Be On High Side Of Guidance

Berry (Bry)

07/11/2019 16:10

Nov 7 (Reuters) - Berry Petroleum Corp  BRY.O :
    * BERRY PETROLEUM CORP - SEES Q4 CAPITAL EXPENDITURES
EXPECTED TO
BE $35 MILLION-$40 MILLION
    * BERRY PETROLEUM CORP - QTRLY TOTAL REVENUE $194.7 MILLION
VERSUS
$142.9
    * BERRY PETROLEUM CORP - Q3 PRODUCTION OF 29,600 BOE/D UP
7.7%
COMPARED TO Q2
    * BERRY PETROLEUM CORP - FULL-YEAR PRODUCTION AND SPENDING
ARE ON
TRACK FOR MID-POINT OF GUIDANCE
    * BERRY PETROLEUM CORP - EXPECT BERRY'S PRODUCTION FOR YEAR
WILL
BE AT MID-POINT OF OUR GUIDANCE
    * BERRY PETROLEUM CORP -EXPECTS TO SEE DOUBLE-DIGIT
PRODUCTION
GROWTH AT ABOUT 12% COMPANY-WIDE THIS YEAR
    * BERRY PETROLEUM CORP - FULL YEAR ADJUSTED G&A WILL BE ON
HIGH
SIDE OF GUIDANCE
    * BERRY PETROLEUM CORP - FOCUS IN 2020 WILL BE ON REDUCING
OVERALL
GENERAL AND ADMINISTRATIVE EXPENSES ON A PER BOE BASIS
    * BERRY PETROLEUM CORP - EXPECTS OPERATING EXPENSES TO BE AT
HIGHER SIDE OF GUIDANCE FOR YEAR DUE TO HIGH GAS PRICES
EXPERIENCED IN Q1

Source text for Eikon:  ID:nGNX3Xm48R 
Further company coverage:  BRY.O 

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