Berry corp (bry) (BRY)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Feb'17
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent

-115,300

-6,984

52,649

31,972

-34,098

131,768

36,985

-28,061

6,410

-34,880

1,692

12,120

-502,964

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation, Depletion and Amortization

35,329

30,102

27,664

23,655

24,585

24,254

21,729

21,859

18,429

20,085

27,844

20,549

28,149

Amortization of debt issuance costs

1,338

1,273

1,269

1,262

1,255

1,388

1,391

1,428

1,223

1,062

919

7

416

Impairment of oil and gas properties

289,085

-

-

-

0

-

-

-

-

-

-

-

0

Stock-based compensation expense

2,922

2,370

2,359

2,444

1,474

3,248

1,182

1,278

1,042

949

902

0

0

Deferred income taxes

26,347

-56,072

20,171

12,221

-13,098

40,800

7,683

-5,476

939

-5,308

-7,072

14,268

9

Increase in allowance for doubtful accounts

1,200

-274

0

0

427

0

0

-18

-2

0

970

0

0

Other operating expenses

-1,575

-774

-5,139

1,640

-1,245

-

-

-

-

-

-

-

25

Cash settlements

-

-

-

-

-

-

-

-

-

-

-

-5,856

-

Cash settlements on early-terminated derivatives

-

-

-

-

-

-

-

-

-

-

-

0

-

(Gains) losses on sale of assets and other, net

-

-

-

-

-

-

-

-

0

-

20,662

25

-

Reorganization expenses, net (non-cash)

-

-

-

-

-

-1,324

-13,436

-1,763

-9,000

-1,376

2,761

-1,385

501,872

Derivative activities:
Gain (Loss) on Derivative Instruments, Net, Pretax

199,194

-42,159

42,501

17,827

-63,124

131,637

-17,115

-78,143

-34,644

-72,542

-18,320

23,962

12,886

Cash settlements on derivatives

-19,625

-15,466

-15,153

3,326

-14,904

-9,161

1,051

28,261

17,849

-

-

-

-534

Cash payments on early-terminated derivatives

-

-

-

-

-

-

-

-

-

-

-

-

0

Changes in assets and liabilities:
Decrease (increase) in accounts receivable

-22,074

7,907

8,798

-8,192

6,084

-9,863

9,426

3,283

-1,163

3,927

19,638

-16,543

9,152

Increase in other assets

331

-5,411

-2,474

12,304

717

45

-1,085

2,413

-554

1,778

5,740

5,657

2,842

Decrease in accounts payable and accrued expenses

-29,179

11,427

-4,025

21,535

-29,854

13,952

-2,847

15,744

-7,323

-4,797

8,955

2,461

18,330

Decrease in other liabilities

-11,008

-2,790

-5,444

2,402

-2,066

460

-3,927

509

-2,638

3,399

6,547

9,886

990

Net cash provided by operating activities

44,483

86,036

65,320

69,376

21,097

98,137

56,882

-77,140

27,592

36,894

25,568

44,937

22,431

Cash flows from investing activities:
Capital expenditures:
Development of oil and natural gas properties

45,542

65,756

57,882

47,859

47,679

19,778

36,838

22,882

14,727

11,784

15,187

23,258

247

Purchases of other property and equipment

1,227

4,398

3,204

7,771

1,419

3,751

3,545

2,611

5,149

1,270

1,877

9,620

662

Changes in capital investment accruals

3,533

-

-

-

-3,693

-

-

-

-

-

-

-

-2,249

Other

-198

-

-

-

0

-

-

-

-

-

-

-

-

Acquisition of properties and equipment

-

-

-

-

-

-

-

-

-

-10,106

219,994

39,450

0

Proceeds from sale of property and equipment and other

-

-

-

-

-

-

-

-

-

-531

234,823

0

25

Net cash used in investing activities

-43,038

-57,361

-60,285

-54,588

-52,791

-39,065

-40,028

-22,471

-19,876

-5,962

-2,235

-72,328

-3,133

Cash flows from financing activities:
Borrowings under RBL credit facility

124,100

-

128,782

108,050

15,350

-

100,410

96,800

0

-

-

36,000

-

Repayments on RBL credit facility

115,000

-

123,982

102,850

15,350

-

166,410

30,800

379,000

-

-

51,000

-

Dividends paid on common stock

9,750

9,569

9,769

9,849

9,813

-

-

-

-

-

-

-

0

Purchase of treasury stock

0

10,770

0

10,898

25,241

3,086

259

20,006

0

-

-

-

0

Shares withheld for payment of taxes on equity awards and other

794

29

293

676

270

3,277

246

176

0

0

0

0

0

Proceeds from Issuance of Unsecured Debt

-

-

-

-

-

0

0

0

400,000

0

0

0

0

Payments of Debt Issuance Costs

-

-

-

-

-

20

123

235

8,815

121

22,049

0

0

Proceeds from Issuance Initial Public Offering

-

-

-

-

-

-

-

-

-

-

-

-

0

Repurchase of common stock

-

-

-

-

-

-

-

-

-

0

0

0

0

Payments for Repurchase of Convertible Preferred Stock

-

-

-

-

-

-

-

-

-

-

-

-

0

Dividends paid on Series A preferred stock

-

-

-

-

-

-

-

-

-

0

0

0

0

Proceeds from Issuance of Convertible Preferred Stock

-

-

-

-

-

-

-

-

-

0

0

0

335,000

Net cash used in financing activities

-1,444

-28,675

-5,262

-16,223

-35,324

-14,305

-16,251

34,282

12,185

-121

-28,049

-15,000

-162,668

Net increase (decrease) in cash and cash equivalents

1

0

-227

-1,435

-67,018

44,767

603

-65,329

19,901

30,811

-4,716

-42,391

-143,370

RBL Facility
Proceeds from Long-term Lines of Credit

-

-

-

-

-

-

-

-

-

-

-

-

0

Repayments of Long-term Lines of Credit

-

-

-

-

-

-

-

-

-

-

-

-

0

Emergence Credit Facility
Proceeds from Long-term Lines of Credit

-

-

-

-

-

-

-

-

-

-

-

-

0

Repayments of Long-term Lines of Credit

-

-

-

-

-

-

-

-

-

-

-

-

0

Pre-Emergence Credit Facility
Repayments of Long-term Lines of Credit

-

-

-

-

-

-

-

-

-

-

-

-

497,668