GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Berry Corp (bry) (NAS:BRY) » Definitions » Momentum Rank

Berry (bry) (Berry (bry)) Momentum Rank : 5 (As of May. 02, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Berry (bry) Momentum Rank?

Berry (bry) has the Momentum Rank of 5.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Berry (bry)'s Momentum Rank

For the Oil & Gas E&P subindustry, Berry (bry)'s Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Berry (bry)'s Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Berry (bry)'s Momentum Rank distribution charts can be found below:

* The bar in red indicates where Berry (bry)'s Momentum Rank falls into.



Berry (bry) Momentum Rank Related Terms

Thank you for viewing the detailed overview of Berry (bry)'s Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Berry (bry) (Berry (bry)) Business Description

Traded in Other Exchanges
Address
16000 Dallas Parkway, Suite 500, Dallas, TX, USA, 75248
Berry Corp (bry) is a western United States independent upstream energy company with a focus on the conventional, long-lived oil reserves in the San Joaquin basin of California. Its operating segment includes Exploration and Production (E&P) and Well Servicing and Abandonment. The company generates maximum revenue from the Exploration and Production (E&P) segment.
Executives
Danielle E. Hunter officer: EVP, Gen Counsel & Corp Sec 3990 ROGERDALE RD., HOUSTON TX 77042
Arthur T. Smith director, officer: See Remarks 5201 TRUXTUN AVE., BAKERSFIELD CA 93309
Rajath Shourie director 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Management Lp director, 10 percent owner 333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071
Oaktree Value Opportunities Fund Gp, L.p. director, 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Benefit Street Partners Llc director, 10 percent owner 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Oaktree Capital Management Gp, Llc 10 percent owner 333 SOUTH GRAND AVE, 28TH FLOOR, LOS ANGELES CA 90071
Bam Partners Trust 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Atlas Ocm Holdings, Llc 10 percent owner C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Brookfield Asset Management Inc. 10 percent owner BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Renee J Hornbaker director 200 S. WILCOX DRIVE, KINGSPORT TN 37660-5280
Fernando Araujo officer: EVP & Chief Operating Officer 16000 N. DALLAS PARKWAY, SUITE 500, DALLAS TX 75248
Kurt E. Neher officer: EVP, Business Development 16000 N. DALLAS PARKWAY, SUITE 500, DALLAS TX 75248
Megan E. Silva officer: EVP of Corporate Affairs 16000 N. DALLAS PARKWAY, SUITE 500, DALLAS TX 75248
Eugene Voiland director 5201 TRUXTUN AVE., BAKERSFIELD CA 93309

Berry (bry) (Berry (bry)) Headlines

From GuruFocus

Howard Marks' Oaktree Sells More Berry Stock

By Sydnee Gatewood 10-13-2022