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Article: C. K. Cooper & Company Published a 6-Page Research Report on Berry Petroleum, Raising Short and Long-Term Rating.
- Article from:
- PR Newswire
- Article date:
- February 23, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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IRVINE, Calif., Feb. 23 /PRNewswire/ -- C. K. Cooper & Company published a 6-page Research Report on Berry Petroleum . The research report details how Berry Petroleum offers investors a conservative growth story within the oil patch. With full implementation of their recent Brundage Canyon acquisition from The Williams Company , Berry is poised to grow production by over 20% this year. C. K. Cooper & Company raises its price target to $25.00
Philip J. McPherson, Associate Director commented, "This current cycle of higher oil prices affords Berry Petroleum with explosive earnings momentum. Berry's proven exploitation efforts in California coupled with this ...