Bill Barrett (BBG) Tops Q2 EPS by 8c
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Bill Barrett Corporation Reports Second Quarter 2016 Financial and Operating Results
August 4, 2016 4:18 PM EDTDENVER, Aug. 4, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) reports second quarter of 2016 financial and operating results, including these highlights:
Production sales volumes of 1.6 MMBoe (64% oil), representing an 18% sequential increase compared to the first quarter of 2016 and exceeded second quarter guidance by 14% Raised the low end of 2016 production guidance to 5.9-6.2 MMBoe despite the sale of non-core Uinta Basin assets Capital expenditures of $15.6 million compared to second quarter guidance of $30-$35 million 2016 planned capital expenditure range reduced to $75-$100 million from... More