Earnings Call Summary | Berry Corp (Bry)(BRY.US) Q1 2024 Earnings Conference
Earnings Call Summary | Berry Corp (Bry)(BRY.US) Q1 2024 Earnings Conference
The following is a summary of the Berry Corporation (BRY) Q1 2024 Earnings Call Transcript:
以下是貝瑞公司（BRY）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Berry Corporation reported Q1 2024 adjusted EBITDA of $69 million and daily production of 25,400 barrels.
Revenue was slightly lower mainly due to lower oil prices and a 1% drop in oil production.
The company saw a 10% reduction in lease operating expenses compared to the last quarter, primarily due to decreased fuel gas costs.
Capital expenditures were stable at $17 million, in line with the annual guidance of $95 million to $110 million.
貝瑞公司報告稱，2024年第一季度調整後的息稅折舊攤銷前利潤爲6900萬美元，日產量爲25,400桶。
收入略有下降，主要是由於油價下跌和石油產量下降1％。
與上一季度相比，該公司的租賃運營費用減少了10％，這主要是由於燃氣成本的降低。
資本支出穩定在1,700萬美元，與9,500萬美元至1.1億美元的年度預期一致。
Business Progress:
業務進展：
Berry maintains a focus on operational efficiency, production sustenance, carefully chosen capital allocation, and strict safety standards.
The company is making progress on a horizontal play in the Uinta Basin expecting four horizontal wells to be operational in Q2 2024.
Berry is committed to reducing 80% of methane emissions from its operations by end of 2025.
Despite ongoing limitations on new drill permits, the company has enough workover and sidetrack opportunities to keep production up in 2024 and 2025.
Berry 一直專注於運營效率、維持生產、精心選擇的資本配置和嚴格的安全標準。
該公司在尤因塔盆地的水平開採方面正在取得進展，預計四口水平井將在2024年第二季度投入運營。
貝瑞致力於到2025年底減少其運營中80％的甲烷排放。
儘管新的鑽探許可證持續受到限制，但該公司仍有足夠的修井和暫停機會，足以在2024年和2025年保持產量增長。
More details: Berry Corp (bry) IR
更多詳情： Berry Corp (bry) IR
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由 AI 生成。無法完全保證內容的準確性。欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。