Berry Petroleum Co., founded in 1909 and headquartered in Bakersfield, California, is focused on the exploration, production, and development of oil and natural gas resources. The company primarily operates in the San Joaquin Basin, emphasizing sustainable practices and technological innovation in its operations.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BRRP 7.00% 2026-02-15 USDBerry Petroleum Co. | United States | 2026-02-15 | 7.000 | 6.12 |
| BRRP 7.00% 2026-02-15 USDBerry Petroleum Co. | United States | 2026-02-15 | 7.000 | 6.12 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Berry Petroleum began issuing bonds in the early 2000s to support its expansion efforts and enhance liquidity. Notably, their issuance of $300 million in senior notes in 2017 was a pivotal moment, allowing them to refinance existing debt and fund capital expenditures. The current yield on their bonds is competitive within the industry, reflecting investor confidence following the company's strategic initiatives and operational achievements. Recent developments include their commitment to sustainability, which has influenced their bond attractiveness among environmentally conscious investors.