24/7 Market News Snapshot 15 September, 2025 – Berry Corporation (bry) Common Stock (NASDAQ:BRY)

DENVER, Colo., 15 September, 2025 (www.247marketnews.com) – (NASDAQ:BRY) are discussed in this article.
Berry Corporation is experiencing robust trading activity, with shares currently priced at $3.895, reflecting a notable increase of 17.67% from the previous close of $3.310. The stock opened at $3.765, indicating strong demand from investors, as evidenced by a trading volume of 3.94 million shares. This uptick may indicate a bullish trend, particularly as the stock breaks above prior resistance levels, suggesting the potential for continued price appreciation if buying momentum persists. Investors are advised to monitor technical indicators, including moving averages, while remaining aware of the possibilities of heightened volatility and potential pullbacks.

In a major development within the energy sector, California Resources Corporation (CRC) and Berry Corporation have announced a strategic all-stock merger valued at approximately $717 million, inclusive of Berry’s net debt. This merger aims to create a more formidable entity within the industry, with existing CRC shareholders expected to own about 94% of the new combined company upon completion.

Francisco Leon, CRC’s President and CEO, expressed confidence in the merger’s appealing valuation and the immediate accretive benefits it will provide across various financial metrics. He emphasized the anticipated operational synergies that would lead to reduced costs and increased free cash flow for the combined entity. This agreement is projected to enhance the financial resilience and liquidity of the new company, enabling it to seize further development opportunities amid a dynamic regulatory landscape.

Renée Hornbaker, Berry’s Board Chair, reiterated the value that this merger brings to shareholders, highlighting the operational efficiencies anticipated from the consolidation. The merger will integrate high-quality, oil-weighted reserves into CRC’s existing low-decline asset portfolio, thereby reinforcing the combined company’s commitment to sustainable energy production while focusing on delivering long-term growth and maximizing stakeholder value. The merger is expected to close in the first quarter of 2026.

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