Bill Barrett (BBG) Misses Q1 EPS by 6c

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Go back to Bill Barrett (BBG) Misses Q1 EPS by 6c

Bill Barrett Corporation Reports First Quarter 2016 Financial and Operating Results

May 5, 2016 4:23 PM EDT

DENVER, May 5, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) reports first quarter of 2016 financial and operating results, including these highlights:

Production sales volumes of 1.4 MMBoe (65% oil), at the high-end of first quarter guidance range Capital expenditures of $46 million, 20% below the mid-point of the first quarter guidance range 2016 capital expenditures reduced to $90-$135 million from $100-$150 million as a result of lower well costs Reported discretionary cash flow of $0.50 per share and EBITDAX of $39 million Affirmed borrowing base at... More