What is Bill Barrett Corporation's stock symbol?
Bill Barrett Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "BBG."
Where is Bill Barrett Corporation's stock going? Where will Bill Barrett Corporation's stock price be in 2017?
12 brokerages have issued twelve-month price targets for Bill Barrett Corporation's shares. Their predictions range from $6.00 to $14.00. On average, they expect Bill Barrett Corporation's stock price to reach $9.25 in the next year.
When will Bill Barrett Corporation announce their earnings?
Bill Barrett Corporation is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.
What are analysts saying about Bill Barrett Corporation stock?
Here are some recent quotes from research analysts about Bill Barrett Corporation stock:
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)
National Securities analysts commented, "• We are initiating coverage on Bill Barrett Corporation with a BUY rating and $9 price target. Given Bill Barrett Corporation’s current price levels, and our expectations for increasing production and cash flows, we contend that the company is undervalued at current levels. We value BBG’s equity on the basis of daily production along with projected EBITDA, and proved reserves. Additionally, we compared BBG with a set of valuation multiples derived from a selection of industry peers. In doing so, we arrive at a value per share of $9, implying 26% additional upside, given today’s prices.
• We expect BBG’s extended reach lateral drilling program, to generate positive operating margins at current prices. Additionally, we expect BBG’s hedges to protect the firm from sharp declines in oil prices. We estimate that the company hedged 45% of 4Q16 production at $72.57 per barrel, versus current spot prices of $52. Looking to 2017, BBG currently has 5,210 bbls per day hedged at $59.39 per barrel, representing 29% of our current production estimates. We expect that Barrett will layer on additional hedges throughout the year, with full year totals nearing 40%-50% of total daily production.
• Furthermore, we contend that the environment for oil prices has improved of late, and note the recent decision by OPEC to reduce production amounts. While the "big hit", announced by Saudi Arabia doesn’t seem nearly as substantial to us as it does to them (i.e. a 2% decline on an annual basis), we do see it as a positive sign for oil prices moving forward.
• We base our price target on a blended average of BBG’s daily production, proved reserves, and projected EBITDA figures. In doing so, we arrive at a price target of $9 per share (Exhibit 10). Additionally, our model adds $4.65 for a working capital surplus, while deducting $7.23 per share for net debt. Thus, given the 26% implied upside to current prices, we initiate coverage on BBG with a BUY rating.
Who owns Bill Barrett Corporation stock?
Bill Barrett Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include JVL Advisors, LLC (7.26%), JVL Advisors L.L.C. (9.33%), Stelliam Investment Management LP (9.11%), Caymus Capital Partners L.P. (5.62%), State Street Corp (5.10%) and Renaissance Technologies LLC (5.00%).
Who sold Bill Barrett Corporation stock? Who is selling Bill Barrett Corporation stock?
Bill Barrett Corporation's stock was sold by a variety of institutional investors in the last quarter, including Stelliam Investment Management LP, GRT Capital Partners L.L.C., Wall Street Associates, Bowling Portfolio Management LLC, Pacad Investment Ltd., Allianz Asset Management AG, Metropolitan Life Insurance Co. NY and Guggenheim Capital LLC.
Who bought Bill Barrett Corporation stock? Who is buying Bill Barrett Corporation stock?
Bill Barrett Corporation's stock was bought by a variety of institutional investors in the last quarter, including JVL Advisors L.L.C., Caymus Capital Partners L.P., State Street Corp, Two Sigma Investments LP, Renaissance Technologies LLC, Divisar Capital Management LLC, Russell Investments Group Ltd. and AQR Capital Management LLC.
How do I buy Bill Barrett Corporation stock?
Shares of Bill Barrett Corporation 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 Corporation stock cost?
One share of Bill Barrett Corporation stock can currently be purchased for approximately $5.86.