This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Berry Petroleum Files Shelf

Berry Petroleum (BRY) slipped after the Bakersfield, Calif., oil and gas company filed a shelf registration statement with the Securities and Exchange Commission.

The filing will allow the company to sell common stock, preferred stock, warrants and debt securities in any combination from time to time.

"While Berry has no immediate plans to access the equity markets, we want to be prepared for any opportunity that may require additional financial resources," CFO Ralph J. Goehring said in a statement. "This filing allows us greater financing flexibility as we continue to look for acquisitions that meet our growth and diversification objectives."

Shares of Berry dropped 92 cents, or 3.1%, to $28.76 in recent trading Friday.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
BERY $32.81 -3.90%
AAPL $126.07 -2.00%
FB $78.09 -0.91%
GOOG $530.71 -1.90%
TSLA $233.86 1.50%

Markets

DOW 17,968.97 +40.77 0.23%
S&P 500 2,089.46 -25.03 -1.18%
NASDAQ 4,939.3270 -77.6020 -1.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs