Bill Barrett Company Profile (NYSE:BBG)

About Bill Barrett (NYSE:BBG)

Bill Barrett logoBill Barrett Corporation is an independent energy company that develops, acquires and explores for oil and natural gas resources. The Company's assets and operations are located in the Rocky Mountain region of the United States. It has over two areas of production: The Denver-Julesburg Basin (DJ Basin) and the Uinta Oil Program in the Uinta Basin. Its acreage positions in the DJ Basin are located in Colorado's eastern plains and parts of southeastern Wyoming. It had interests in 299 gross producing wells and served as an operator in 202 gross wells, as of December 31, 2016. The Uinta Basin is located in northeastern Utah. Uinta Basin's estimated proved reserves are 21.4 million barrels of oil equivalent (MMBoe). Uinta Basin has interests in approximately 240 gross producing wells. The Company serves as an operator in over 170 gross wells. The Uinta Oil Program includes over three areas of development located in the basin referred as Blacktail Ridge, Lake Canyon and East Bluebell.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: Oil & Gas Exploration & Production
  • Symbol: NYSE:BBG
  • CUSIP: 06846N10
  • Web:
  • Market Cap: $275.65 million
  • Outstanding Shares: 74,702,000
Average Prices:
  • 50 Day Moving Avg: $3.95
  • 200 Day Moving Avg: $5.65
  • 52 Week Range: $3.42 - $9.05
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -4.73
  • P/E Growth: -0.17
Sales & Book Value:
  • Annual Revenue: $188.96 million
  • Price / Sales: 1.46
  • Book Value: $7.49 per share
  • Price / Book: 0.49
  • EBIDTA: $92.13 million
  • Net Margins: -81.86%
  • Return on Equity: -4.43%
  • Return on Assets: -1.65%
  • Debt-to-Equity Ratio: 1.40%
  • Current Ratio: 2.37%
  • Quick Ratio: 2.37%
  • Average Volume: 2.22 million shs.
  • Beta: 3.37
  • Short Ratio: 4.2

Frequently Asked Questions for Bill Barrett (NYSE:BBG)

What is Bill Barrett's stock symbol?

Bill Barrett trades on the New York Stock Exchange (NYSE) under the ticker symbol "BBG."

How were Bill Barrett's earnings last quarter?

Bill Barrett Co. (NYSE:BBG) announced its quarterly earnings results on Tuesday, May, 2nd. The company reported ($0.16) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.26) by $0.10. The business had revenue of $50.54 million for the quarter, compared to analysts' expectations of $52.83 million. Bill Barrett had a negative net margin of 81.86% and a negative return on equity of 4.43%. View Bill Barrett's Earnings History.

When will Bill Barrett make its next earnings announcement?

Bill Barrett is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for Bill Barrett.

Where is Bill Barrett's stock going? Where will Bill Barrett's stock price be in 2017?

13 analysts have issued 1 year price targets for Bill Barrett's shares. Their predictions range from $5.00 to $14.00. On average, they anticipate Bill Barrett's share price to reach $8.04 in the next year. View Analyst Ratings for Bill Barrett.

What are analysts saying about Bill Barrett stock?

Here are some recent quotes from research analysts about Bill Barrett stock:

  • 1. National Securities analysts commented, "What Happened:
    • In 4Q16, Bill Barrett finished slightly below our production estimates, while total volumes declined 8% on an annualized basis. Specifically, the company produced 16.8 thousand barrels of oil equivalent (Mboe) per day, versus our expectation of 17.4 Mboe/d. On an annual basis, the company produced at a pace of 16.7 Mboe/d from 18.1 Mboe/d in 2015, but within company guidance.
    • BBG’s saw a 34% negative revision in its base of proved reserves, driven by a lower year over year SEC price deck.
    • Specific to pricing, Bill Barrett earned realized prices of $62.03 per barrel of oil (bbl), up once from the prior quarter. For natural gas and natural gas liquids (NGL’s), realized prices rose 3 % and 18% respectively, over the same time period.
    Our Take:
    • In our view, additional upside remains on the table for BBG, even by conservative metrics. Specifically, in valuing the firm on the basis of production, proved reserves, and projected EBITDA, the firm remains undervalued in our view.
    • We note the recent acquisition of 13,800 contiguous acres in the DJ-Basin, which should do well to complement the company’s extended reach lateral (XRL) drilling program. We note the announcement of 80 additional XRL drilling locations, along with ownership interests in an additional 20.
    • Management’s indication of the intended drilling of half of the locations in 2017 leads us to believe that the company is taking an opportunistic, but cautious drilling pace in the upcoming year. To that extent, we note that production is expected to be flat to moderately higher on the year, with larger production gains to occur in 2018.
    On the macroeconomic front, we sense a firming of oil prices, and contend that the projected ramp in production will coincide nicely with higher realized prices. Moreover, we note that pricing differentials in the DJ Basin have narrowed 58%, (at $3.45) relative to benchmark WTI crude prices.
    • While production was down on the year, we like the stability of the overall volumes, in conjunction with significantly lower spending. To that end, we note that capex was down 67% annually, while production moderated just 8%. As a result, BBG generated cash flow on the year that exceeded its spending levels. As it stands, we model $270 million in capital spending, assuming a 2 rig program, and targeting the midpoint of company guidance.
    • Our conversations with BBG in the past lead us to believe that the company will execute its forward looking drilling program within cash on hand and operational cash flow. Recent comments from management tell us that this strategy/philosophy remains intact. Ultimately, we expect that this will keep subsequent debt at relatively low levels. As it stands, we highlight net debt to total capital ratios of approximately 34%, along with 3.2x EBITDA to interest expense coverage (well within our comfort zone).
    • We reiterate our BUY rating on BBG shares, but trim our target to $8 (from $9), to reflect the aforementioned revision in proved reserves. We base our target on a blended average of BBG’s daily production, proved reserves, and projected EBITDA figures. In doing so, we arrive at a target of $8 per share. Additionally, our model adds $3.08 for a working capital surplus, while deducting $5.76 per share for net debt. Thus given the 62% implied upside to current price, we maintain our BUY rating and $8 target.
    " (2/28/2017)
  • 2. KLR Group analysts commented, "We are increasing our BBG target price $1 to $10 per share due to the positive NPV implication of accelerating NE Wattenberg development and lower operating expense partially offset by approximately 1% lower oil composition. Bill Barrett's mid-cycle capital yield is ~140%, slightly below the industry median cash recycle ratio of ~145%. Our '17 production expectation of ~6.4 Mmboe is in the upper half of company guidance (6-6.5 Mmboe)." (3/3/2017)
  • 3. According to Zacks Investment Research, "Bill Barrett Corporation, headquartered in Denver, explores for and develops oil and natural gas in the Rocky Mountain region of the United States. The Company has projects in nine basins in the Rocky Mountains. " (2/7/2017)

Who are some of Bill Barrett's key competitors?

Who owns Bill Barrett stock?

Bill Barrett's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.34%), Caymus Capital Partners L.P. (6.71%), State Street Corp (6.51%), JPMorgan Chase & Co. (6.34%), Dimensional Fund Advisors LP (5.94%) and Renaissance Technologies LLC (4.26%). View Institutional Ownership Trends for Bill Barrett.

Who sold Bill Barrett stock? Who is selling Bill Barrett stock?

Bill Barrett's stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, American International Group Inc., California Public Employees Retirement System, Geode Capital Management LLC, Columbia Pacific Advisors LLC, JPMorgan Chase & Co., Canada Pension Plan Investment Board and AQR Capital Management LLC. View Insider Buying and Selling for Bill Barrett.

Who bought Bill Barrett stock? Who is buying Bill Barrett stock?

Bill Barrett's stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, State Street Corp, Caymus Capital Partners L.P., Divisar Capital Management LLC, Schroder Investment Management Group, TIAA CREF Investment Management LLC, Vanguard Group Inc. and Oxford Asset Management. View Insider Buying and Selling for Bill Barrett.

How do I buy Bill Barrett stock?

Shares of Bill Barrett can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Bill Barrett stock cost?

One share of Bill Barrett stock can currently be purchased for approximately $3.69.

Analyst Ratings

Consensus Ratings for Bill Barrett (NYSE:BBG) (?)
Ratings Breakdown: 6 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.54)
Consensus Price Target: $8.04 (117.93% upside)

Analysts' Ratings History for Bill Barrett (NYSE:BBG)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/4/2017FBR & CoLower Price TargetMarket Perform$6.00 -> $5.00HighView Rating Details
5/3/2017BMO Capital MarketsReiterated RatingHold$5.00HighView Rating Details
4/22/2017Barclays PLCReiterated RatingEqual Weight$6.00 -> $5.00MediumView Rating Details
4/12/2017Stifel NicolausReiterated RatingBuy -> Buy$8.00HighView Rating Details
3/7/2017Deutsche Bank AGLower Price TargetHold$9.00 -> $8.00N/AView Rating Details
3/7/2017Canaccord GenuityUpgradeHold -> Buy$8.00 -> $7.00N/AView Rating Details
2/28/2017National SecuritiesLower Price TargetBuy -> Buy$9.00 -> $8.00N/AView Rating Details
3/3/2017WunderlichLower Price TargetHold$8.00 -> $5.00N/AView Rating Details
3/3/2017KLR GroupReiterated RatingBuy$9.00 -> $10.00N/AView Rating Details
10/15/2016ScotiabankReiterated RatingSector Outperform$12.00 -> $14.00N/AView Rating Details
10/14/2016Howard WeilBoost Price TargetSector Outperform$12.00 -> $14.00N/AView Rating Details
8/14/2016Cantor FitzgeraldReiterated RatingHoldN/AView Rating Details
6/30/2016Johnson RiceInitiated CoverageBuyN/AView Rating Details
3/11/2016Northcoast ResearchDowngradeBuy -> NeutralN/AView Rating Details
1/27/2016Ladenburg Thalmann Financial ServicesDowngradeBuy -> Neutral$7.00 -> $4.00N/AView Rating Details
1/13/2016Seaport Global SecuritiesDowngradeAccumulate -> Neutral$6.00 -> $3.50N/AView Rating Details
12/22/2015KeyCorpLower Price Target$8.00N/AView Rating Details
10/13/2015JPMorgan Chase & Co.Initiated CoverageNeutral$5.00N/AView Rating Details
10/9/2015Cowen and CompanyBoost Price TargetUnderperform$4.00N/AView Rating Details
8/7/2015Northland SecuritiesLower Price TargetMarket Perform$10.00 -> $5.50N/AView Rating Details
(Data available from 5/26/2015 forward)


Earnings History for Bill Barrett (NYSE:BBG)
Earnings by Quarter for Bill Barrett (NYSE:BBG)
Earnings History by Quarter for Bill Barrett (NYSE:BBG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017Q1 2017($0.26)($0.16)$52.83 million$50.54 millionViewListenView Earnings Details
3/2/2017Q4 2016($0.13)($0.18)$66.47 million$51.60 millionViewListenView Earnings Details
11/3/2016Q316($0.14)($0.10)$62.91 million$50.48 millionViewListenView Earnings Details
8/4/2016Q216($0.21)($0.13)$55.67 million$57.28 millionViewListenView Earnings Details
5/5/2016Q116($0.22)($0.28)$56.19 million$29.43 millionViewListenView Earnings Details
3/1/2016Q4($0.04)$0.07$83.08 million$45.56 millionViewN/AView Earnings Details
11/5/2015Q315($0.09)($0.09)$79.77 million$49.68 millionViewListenView Earnings Details
8/6/2015Q215($0.10)($0.08)$85.35 million$62.62 millionViewListenView Earnings Details
5/8/2015Q115($0.09)($0.12)$83.60 million$49.00 millionViewListenView Earnings Details
2/25/2015Q414($0.04)($0.23)$87.00 million$66.90 millionViewListenView Earnings Details
11/6/2014Q314($0.02)($0.06)$34.43 million$135.26 millionViewListenView Earnings Details
7/31/2014Q214$0.03($0.18)$132.40 million$145.00 millionViewListenView Earnings Details
5/1/2014Q1$0.08($0.05)$125.95 million$127.70 millionViewListenView Earnings Details
2/20/2014Q413($0.02)$0.11$143.52 million$138.96 millionViewListenView Earnings Details
11/1/2013Q313($0.08)($0.09)$147.77 million$148.60 millionViewListenView Earnings Details
8/1/2013Q2 2013$0.03($0.19)$149.80 million$142.30 millionViewListenView Earnings Details
5/2/2013Q1 2013($0.25)$142.87 million$138.30 millionViewListenView Earnings Details
2/21/2013Q4 2012$0.10$0.15$188.30 million$179.80 millionViewListenView Earnings Details
10/31/2012Q312$0.06($0.20)$189.41 millionViewN/AView Earnings Details
8/2/2012$0.06$0.07ViewN/AView Earnings Details
5/3/2012$0.24$0.20ViewN/AView Earnings Details
2/23/2012$0.38$0.44ViewN/AView Earnings Details
11/3/2011$0.54$0.35ViewN/AView Earnings Details
8/4/2011$0.43$0.59ViewN/AView Earnings Details
5/3/2011$0.39$0.41ViewN/AView Earnings Details
2/23/2011$0.40($0.16)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Bill Barrett (NYSE:BBG)
2017 EPS Consensus Estimate: ($1.01)
2018 EPS Consensus Estimate: ($0.35)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174($0.47)($0.24)($0.35)
Q2 20174($0.33)($0.18)($0.25)
Q3 20174($0.34)($0.13)($0.22)
Q4 20174($0.33)($0.11)($0.20)
Q1 20182($0.17)($0.06)($0.12)
Q2 20182($0.17)$0.01($0.08)
Q3 20182($0.21)$0.07($0.07)
Q4 20182($0.21)$0.05($0.08)
(Data provided by Zacks Investment Research)


Dividend History for Bill Barrett (NYSE:BBG)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Bill Barrett (NYSE:BBG)
Insider Ownership Percentage: 4.90%
Institutional Ownership Percentage: 83.00%
Insider Trades by Quarter for Bill Barrett (NYSE:BBG)
Institutional Ownership by Quarter for Bill Barrett (NYSE:BBG)
Insider Trades by Quarter for Bill Barrett (NYSE:BBG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/18/2015Robert William HowardCFOSell12,060$12.64$152,438.40View SEC Filing  
1/13/2015R Scot WoodallCEOBuy500$9.55$4,775.00View SEC Filing  
1/9/2015R Scot WoodallCEOBuy4,500$9.82$44,190.00View SEC Filing  
12/10/2014Jim W MoggDirectorBuy25,000$8.01$200,250.00View SEC Filing  
12/2/2014Larry A ParnellSVPBuy10,000$9.36$93,600.00View SEC Filing  
7/22/2014Robert William HowardCFOSell4,816$25.21$121,411.36View SEC Filing  
6/18/2014R Scot WoodallCEOSell2,584$28.00$72,352.00View SEC Filing  
6/13/2014David R MacoskoSVPSell2,169$27.52$59,690.88View SEC Filing  
6/11/2014R Scot WoodallCEOSell2,992$26.50$79,288.00View SEC Filing  
6/10/2014R Scot WoodallCEOSell3,298$26.31$86,770.38View SEC Filing  
5/29/2014Robert William HowardCFOSell13,656$25.50$348,228.00View SEC Filing  
12/27/2013Randy SteinDirectorSell10,000$28.00$280,000.00View SEC Filing  
11/26/2013Stephen Warren RawlingsSVPSell2,000$28.00$56,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Bill Barrett (NYSE:BBG)
Latest Headlines for Bill Barrett (NYSE:BBG)
DateHeadline logoBill Barrett Co. (BBG) Forecasted to Post Q2 2017 Earnings of ($0.18) Per Share - May 26 at 8:00 AM logoKeyCorp Research Analysts Lift Earnings Estimates for Bill Barrett Co. (BBG) - May 24 at 8:08 AM logoETFs with exposure to Bill Barrett Corp. : May 22, 2017 - May 22 at 3:49 PM logoBill Barrett Corp. breached its 50 day moving average in a Bullish Manner : BBG-US : May 22, 2017 - May 22 at 10:35 AM logoZacks: Brokerages Anticipate Bill Barrett Co. (BBG) Will Post Quarterly Sales of $56.31 Million - May 11 at 9:54 AM logo-$0.25 EPS Expected for Bill Barrett Co. (BBG) This Quarter - May 9 at 10:20 PM logoThis Is What Fueled Bill Barrett Corporation's 14.7% Sell-Off in April - May 8 at 10:37 AM logoThis Is What Fueled Bill Barrett Corporation's 14.7% Sell-Off in April - May 8 at 9:37 AM logoETFs with exposure to Bill Barrett Corp. : May 5, 2017 - May 5 at 8:53 PM logoFBR & Co Brokers Raise Earnings Estimates for Bill Barrett Co. (BBG) - May 5 at 9:56 AM logoBill Barrett Corp. :BBG-US: Earnings Analysis: Q1, 2017 By the Numbers : May 4, 2017 - May 4 at 3:55 PM logoBill Barrett Co. (BBG) Given "Market Perform" Rating at FBR & Co - May 4 at 7:18 AM logoEdited Transcript of BBG earnings conference call or presentation 3-May-17 2:00pm GMT - May 4 at 1:59 AM logoBill Barrett (BBG) Q1 2017 Results - Earnings Call Transcript - May 3 at 8:55 PM logoBill Barrett (BBG) Given Daily Coverage Optimism Rating of 0.07 - May 3 at 5:08 PM logoBill Barrett Co. (BBG) Announces Earnings Results - May 3 at 2:30 PM logoBill Barrett Corporation Reports First Quarter 2017 Financial and Operating Results - May 3 at 12:46 PM logoBill Barrett reports 1Q loss - May 3 at 12:46 PM logoBill Barrett Co. (BBG) Given Consensus Recommendation of "Buy" by Analysts - May 3 at 1:07 AM logoBill Barrett Corporation Announces Closing of Senior Notes Offering - Yahoo Finance - April 30 at 5:07 PM logoBill Barrett (BBG) Given Daily News Sentiment Rating of -0.18 - April 30 at 8:07 AM logoBill Barrett Co. (BBG) Scheduled to Post Earnings on Tuesday - April 30 at 7:14 AM logoBill Barrett Corporation Announces Closing of Senior Notes Offering - April 28 at 4:47 PM logoPositive Press Coverage Likely to Impact Bill Barrett (BBG) Stock Price - April 27 at 4:47 PM logoQ2 2017 EPS Estimates for Bill Barrett Co. Reduced by Analyst (BBG) - April 27 at 9:52 AM logoBill Barrett Co. (BBG) to Post Q1 2017 Earnings of ($0.24) Per Share, Seaport Global Securities Forecasts - April 27 at 7:40 AM logoBill Barrett Corporation Announces Proposed Private Debt Offering - PR Newswire (press release) - April 26 at 4:09 PM logoBill Barrett Corporation Announces Pricing of Senior Notes Offering - PR Newswire (press release) - April 26 at 4:09 PM logoBill Barrett Corporation Announces Pricing of Senior Notes Offering - April 26 at 11:37 AM logoBill Barrett Corporation -- Moody's upgrades Bill Barrett's CFR to Caa1; rates new notes Caa2 - April 24 at 3:49 PM logoBill Barrett Corporation Announces Proposed Private Debt Offering - April 24 at 10:18 AM logoBill Barrett Co. (BBG) Rating Reiterated by Barclays PLC - April 22 at 11:35 AM logoBill Barrett Co. (BBG) Expected to Post Quarterly Sales of $52.57 Million - April 21 at 5:18 PM logoOil and Gas Stocks Under Review -- Petroleo Brasileiro, Rowan, Bill Barrett, and Rex Energy - PR Newswire (press release) - April 21 at 3:52 PM logoBill Barrett Co. (BBG) to Post Q1 2017 Earnings of ($0.23) Per Share, Seaport Global Securities Forecasts - April 21 at 8:39 AM logoQ1 2017 Earnings Forecast for Bill Barrett Co. (BBG) Issued By KeyCorp - April 21 at 8:39 AM logoETFs with exposure to Bill Barrett Corp. : April 19, 2017 - April 19 at 4:07 PM logoBill Barrett Corporation Provides Commodity Price and Derivatives Update and Schedules First Quarter 2017 Financial Results Conference Call - April 19 at 11:17 AM logo-$0.26 Earnings Per Share Expected for Bill Barrett Co. (BBG) This Quarter - April 19 at 9:02 AM logoSomewhat Positive News Coverage Likely to Impact Bill Barrett (BBG) Stock Price - April 18 at 1:00 PM logoStifel Nicolaus Reaffirms "Buy" Rating for Bill Barrett Co. (BBG) - April 18 at 8:10 AM logoSomewhat Positive Media Coverage Likely to Impact Bill Barrett (BBG) Share Price - April 14 at 5:59 PM logoBill Barrett Co. to Post Q1 2017 Earnings of ($0.24) Per Share, Seaport Global Securities Forecasts (BBG) - April 14 at 9:08 AM logoBill Barrett Co. (BBG) Now Covered by Stifel Nicolaus - April 12 at 6:27 PM logoBill Barrett Co. (BBG) Given Consensus Rating of "Hold" by Brokerages - April 7 at 5:57 PM logoBill Barrett Co. (BBG) Expected to Earn FY2018 Earnings of ($0.94) Per Share - April 3 at 12:52 PM logoPost Earnings Coverage as Petrobras Reported FY16 Results - March 30 at 4:16 PM logoCanaccord Genuity Reiterates "$8.00" Price Target for Bill Barrett Co. (BBG) - March 26 at 9:09 PM logoKeyCorp Weighs in on Bill Barrett Co.'s Q1 2018 Earnings (BBG) - March 22 at 10:47 AM logoTechnical Roundup on Oil & Gas Stocks -- Bill Barrett, Seadrill Partners, Camber Energy, and Unit - PR Newswire (press release) - March 14 at 7:46 AM



Bill Barrett (BBG) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by Staff