Bill Barrett (BBG) Misses Q2 EPS by 82c
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Bill Barrett Corporation Reports Second Quarter 2015 Results - Production Volume of 1.6 MMBoe Exceeds Guidance and 2015 Production Guidance Increased
August 6, 2015 4:08 PM EDTDENVER, Aug. 6, 2015 /PRNewswire/ --Â Bill Barrett Corporation (the "Company") (NYSE: BBG) reports second quarter of 2015 results, including these highlights:
Sales volumes grew to 1.6 MMBoe, exceeding guidance by 9% due to solid execution of the DJ Basin drilling program Increased DJ Basin production by 76% year-over-year and 8% sequentially Increasing full-year 2015 production guidance to 6.1-6.5 MMBoe, represents 23% growth over 2014 utilizing the mid-point of the guidance range Generated $1.06 per share discretionary cash flow Maintain strong liquidity of $450 million with zero drawn on credit facility and cash and short-term... More