Let me walk you through a brief outline of Berry Petroleum Company. $BRY recently issued its 2018 IPO as a publicly traded company, and it's level of maturity allows a dividend payout of 3.23% forward looking payout. The financial news this week gets better with an announcement of a share repurchase program of 50 million, up to $100 million opportunistic purchase of their new stock.
I cover what I like about the oil company based in Bakersfield, CA.
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