Berry Corporation Reaffirms Strong Liquidity Position Consisting Of $94M Of Available Borrowing Capacity Under Its Reserve-based Lending Facility And $11M Of Cash As Of August 23
Portfolio Pulse from Nabaparna Bhattacharya
Berry Corporation has reaffirmed its strong liquidity position with $94 million available in borrowing capacity under its reserve-based lending facility and $11 million in cash as of August 23.
August 30, 2024 | 10:34 am
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POSITIVE IMPACT
Berry Corporation has a strong liquidity position with $94 million in borrowing capacity and $11 million in cash, indicating financial stability.
The reaffirmation of a strong liquidity position suggests Berry Corporation is financially stable, which is positive for investors. The availability of $94 million in borrowing capacity and $11 million in cash provides a buffer for operations and potential investments.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100