Bill Barrett (BBG) to Sell Powder River Basin, Gibson Gulch Assets
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Mizuho Securities Upgrades Bill Barrett (BBG) to Buy
September 17, 2014 6:39 AM EDTMizuho Securities upgraded Bill Barrett (NYSE: BBG) from Neutral to Buy with a price target of $28.00.
For an analyst ratings summary and ratings history on Bill Barrett click here. For more ratings news on Bill Barrett click here.
Shares of Bill Barrett closed at $23.47 yesterday.
... MoreVanguard Natural (VNR) to Acquire Certain Piceance Basin Assets from Bill Barrett (BBG)
September 16, 2014 7:17 AM EDTVanguard Natural Resources (Nasdaq: VNR) announced it has entered into a definitive agreement to acquire natural gas, oil and natural gas liquids (NGLs) assets in the Piceance Basin in Colorado for a purchase price of $525 million from Bill Barrett Corporation (NYSE: BBG). The properties consist of approximately 12,000 net acres that are currently producing approximately 67 MMcfe per day, after consideration of ethane rejection, with approximately 76% natural gas, 5% oil and 19% NGLs. The effective date of the acquisition is July 1, 2014 and the Company anticipates closing this acquisition on or before October 1, 2014.
Scott W.... More
