Investing.com - Berry Petroleum reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Berry Petroleum announced earnings per share of $0.550 on revenue of $376.45M. Analysts polled by Investing.com EPS of $0.570 on revenue of $231.1M.
Berry Petroleum 's are down 20% and is trading at $9.000 , still down 24.07% from its 52 week high of $11.95 set on Thursday, April 21, 2022.
Berry Petroleum shares lost 0.77% to trade at $9.000 in pre-market trade the report.
Berry Petroleum follows other major Energy sector earnings this month
Berry Petroleum's report follows an earnings beat by Exxon Mobil on Friday, who reported EPS of $4.45 on revenue of $112.07B, EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday with third quarter EPS of $5.66 on revenue of $66.64B, for EPS of $4.83 on revenue of $57.03B.
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