Bill Barrett Corporation Reports Fourth Quarter and Year-End 2016 Financial and Operating Results, Provides 2017 Operating Guidance and Establishes Initial 2018 Production Growth Outlook of 30%-50%

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Bill Barrett (BBG) PT Raised to $10 at KLR Group; Reiterates Buy

March 3, 2017 11:19 AM EST

KLR Group raised its price target on Bill Barrett (NYSE: BBG) to $10.00 (from $9.00) while maintaining a Buy rating. Bill Barrett resumed DJ Basin drilling activity last fall and plans to increase DJ Basin development from one rig to two rigs in 2Q/17 and... More

Bill Barrett (BBG) Misses Q4 EPS by 5c

March 2, 2017 4:10 PM EST

Bill Barrett (NYSE: BBG) reported Q4 EPS of ($0.18), $0.05 worse than the analyst estimate of ($0.13).

2017 operating plan has projected capital expenditures of $255-$285 million and production sales volumes of 6.0-6.5 MMBoe; representing growth of 7% at the mid-point pro forma for asset sales2018... More