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Berry Expects to Meet Production Goals for 2024

2024-08-30 19:35

07:35 AM EDT, 08/30/2024 (MT Newswires) -- Berry (BRY) said Friday it expects to meet its previously issued guidance for 2024.

The company previously forecast midpoint annual guidance of 25,200 barrels of oil equivalent per day.

The company said it holds necessary permits to complete its drilling program planned for this year and to support activity into 2025.

Berry said it "has line of sight to keep production flat and maintain free cash flow into 2026."

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