| Berry is an independent upstream energy company focused on the development and production of oil reserves, primarily located in California, with the well servicing and abandonment capabilities in California. Co. has two reportable segments: Development and Production and Well Servicing and Abandonment. The Development and Production segment consists of the development and production of oil reserves, primarily located in California, as well as Utah. The Well Servicing and Abandonment segment provides wellsite services in California to oil and natural gas production companies, with a focus on well servicing, well abandonment services and water logistics. The BRY average annual return since 2018 is shown above.
The Average Annual Return on the BRY average annual return since 2018 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether BRY average annual return since 2018 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the BRY average annual return calculation with any dividends reinvested as applicable (on ex-dates).