Berry Corporation (NASDAQ:BRY) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET

Company Participants

Todd Crabtree - Investor Relations
Fernando Araujo - Chief Executive Officer & Director
Danielle Hunter - President
Michael Helm - VP, Chief Financial Officer & Chief Accounting Officer

Conference Call Participants

Charles Meade - Johnson Rice
Michael Schwartz - Jefferies
Jay Spencer - Stifel Nicolaus

Operator

Welcome to the Berry Corporation Q3 2024 Earnings Call. At this time, all speakers are in a listen-only mode. After the speakers’ presentation, there will be a question-answer-session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your first speaker today, Todd Crabtree, Investor Relations. Please go ahead.

Todd Crabtree

Thank you, Corinne [Ph] and welcome, everyone, and thank you for joining us for Berry's third quarter 2024 earnings conference call. Earlier today, Berry issued an earnings release highlighting 2024 third quarter results and other exciting developments.

Speaking this morning will be Fernando Araujo, Berry's Chief Executive Officer; Danielle Hunter, our President; and Mike Helm, our Chief Financial Officer.

Before we begin, I would like to call your attention to the Safe Harbor language found in our earnings release that was issued this morning. The release and today's discussion contain certain projections and other forward-looking statements within the meaning of federal securities laws. These statements are subject to risks and uncertainties that may cause actual results to differ materially from those expressed or implied in these statements. These include risks and other factors outlined in our filings with the SEC including our 10-Q, which will be filed shortly.

Our Investor Relations website, ir.bry.com, has a link to the earnings release and investor deck aligned with this call SEC filings and our most recent investor presentation. Any information, including forward-looking statements made on this call are contained in the earnings release and those presentations reflects our analysis as of the date made. We have no plans or duty to update them, except as required by law. Please refer to the tables in our earnings release and on our website for a reconciliation between all adjusted measures mentioned in today's call and related GAAP measures. We will also post the replay link of this call and the transcript on our website.

I will now turn the call over to Fernando.

Fernando Araujo

Thanks, Todd. Welcome everyone, and thank you, for joining us. In addition to covering some of the operational highlights for the third quarter, including recent results in California and Utah has surpassed expectations. We have exciting news to report about our successful debt refinancing and our plans to unlock the significant value we are seeing in the Uinta Basin. We are excited about the road ahead and the value creation levers we have.