DALLAS, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry”, “bry” or the “Company”) announced improved third quarter results, including net income of $10 million or $0.12 per diluted share, Adjusted Net Income(1) of $12 million or $0.14 per diluted share, and Adjusted EBITDA(1) of $59.3 million, a 46% increase sequentially. The Board of Directors approved a quarterly common stock dividend of $0.06 per share for the fourth quarter of 2021, and a new total shareholder return model expected to be implemented in 2022.
Berry Corporation (Bry) Reports Improved Third Quarter 2021 Results and Announces Shareholder Return Model With Potential To Generate More Than 20% Returns Annually
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