C. K. Cooper & Company Published a 6-Page Research Report on Berry Petroleum,
Raising Short and Long-Term Rating
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 acquisition provide
the perfect mix of strong growth with an amazingly low amount of risk." Berry Petroleum closed Friday at $20.56 per share.
C. K. Cooper & Company's clients may view this report by visiting:
http://www.ckcooper.com/ . C. K. Cooper & Company will host a conference Call
today, February 23, 2004 at 10:30 AM pacific standard time to review this
report. Please contact C. K. Cooper & Company to obtain Conference call
information.
For more information please contact: C. K. Cooper & Company Telephone: (949) 477-9300
18300 Von Karman Avenue, Suite 440 Facsimile: (949) 477-9211
Irvine, California 92612 E-Mail: C. K. Cooper & Company is an investment-banking boutique that specializes in the
energy sector with an emphasis on exploration and production companies.
Additional information on the securities mentioned in this report is available
upon request. This report is based on data obtained from source we believeto
be reliable, but is not guaranteed as to accuracy and does not purport to be
complete. Because of individual client objectives, this report should not be
construed as advice designed to meet the particular investment needs of any
investor. Any opinions expressed herein are subject to change.
This report is not to be construed as an offer or the solicitation of an offer
to buy or sell the securities herein mentioned. From time to time, this firm,
its affiliated entities and/or their respective directors, officers, employees
or members of their immediate families may have long or short positions in the
securities mentioned in this report. These securities may be sold to or
purchased from customers or otherwise by this firm, its affiliated entities,
and/or its directors, officers, employees or members of their immediate
families, as principle or agent.
C. K. Cooper & Company is a member of the National Association of Securities
Dealer, CRD number 106578. DATASOURCE: C. K. Cooper & Company CONTACT: C. K. Cooper & Company, +1-949-477-9300, facsimile +1-949-477-9211, Web site: http://www.ckcooper.com/
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