05:05 PM EDT, 03/12/2025 (MT Newswires) -- Berry (BRY) reported Q4 adjusted earnings late Wednesday of $0.21 per diluted share, compared with $0.13 a year earlier.

Three analysts polled by FactSet expected $0.16.

Revenue for the quarter ended Dec. 31 was $187.8 million, compared with $300.3 million a year earlier.

Four analysts polled by FactSet expected $175 million.

For 2025, Berry is expecting to produce between 24,800 to 26,000 barrels of oil equivalent per day compared with its average of 25,400 barrels per day during 2024.

The energy company also kept its quarterly dividend at $0.03 per share, payable on April 1 to shareholders of record on March 22.

Berry shares recently were up 8.8% during Wednesday's after-hours session.

Price: 3.96, Change: +0.32, Percent Change: +8.79