Berry Petroleum Company (NYSE:BRY)
CAPS Rating:
An independent energy company, which is engaged in the business of production, development, acquisition, exploitation, and exploration of crude oil and natural gas.
An independent energy company, which is engaged in the business of production, development, acquisition, exploitation, and exploration of crude oil and natural gas.
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Recs
Berry is an easy one. They have a great growth profile; supported by massive natural resource holdings all over the western half of the US (more than a million acres & counting in active lease holds). Their forward PE of 14.4 is VERY low for a company with their profile. I just don't see the downside risk in owning this stock for at least the next 5 years.