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Bill Barrett Corp (BBG.N)

BBG.N on New York Stock Exchange

4.21USD
16 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Bill Barrett Corporation updates 2017 Operating Guidance
Tuesday, 5 Sep 2017 06:40am EDT 

Sept 5 (Reuters) - Bill Barrett Corp :Bill Barrett Corporation updates 2017 operating guidance; increasing production guidance while reducing lease operating expense and capital expenditure guidance.Bill Barrett Corp - ‍capital expenditure guidance reduced to $250-$270 million​ for FY.Bill Barrett Corp - Q3 2017 production sales volume guidance has been increased from a range of 1.55-1.65 MMBoe to approximately 1.75 MMBoe.Bill Barrett Corp - Q3 2017 capital expenditures are expected to total $65-$75 million, which is unchanged from previous guidance.Bill Barrett Corp - ‍company is raising its 2017 production guidance range from 6.0-6.5 million barrels of oil equivalent ("MMBoe") to 6.4-6.6 MMBoe​.Bill Barrett Corp - decreasing its LOE guidance for 2017 from $27-$30 million to $24-$26 million, representing a decrease of 12 pct at mid-point.Bill Barrett- co expects 70-75 wells will be spud in 2017.  Full Article

Bill Barrett Corporation Q2 loss per share $0.25
Tuesday, 1 Aug 2017 04:04pm EDT 

Aug 1 (Reuters) - Bill Barrett Corp :Bill Barrett Corporation reports second quarter 2017 financial and operating results; reiterates 2017 operating guidance.Q2 loss per share $0.25.Q2 earnings per share view $-0.23 -- Thomson Reuters I/B/E/S.Bill Barrett Corp - ‍production sales volumes of 1.53 MMBOE for Q2​.Bill Barrett Corp - reiterates 2017 operating guidance.Bill Barrett Corp - qtrly ‍total operating revenues $51.1 million versus $47.3 million.Q2 revenue view $54.5 million -- Thomson Reuters I/B/E/S.Bill Barrett Corp - oil, natural gas and natural gas liquids production were about 1.53 million barrels of oil equivalent in Q2, a 6% increase versus Q1 of 2017.  Full Article

Bill Barrett Corp provides commodity price and derivatives update
Wednesday, 19 Jul 2017 04:17pm EDT 

July 19 (Reuters) - Bill Barrett Corp :Bill Barrett Corporation provides commodity price and derivatives update.Bill Barrett Corp - ‍expects to realize a cash commodity derivative gain of $6.2 million in Q2 due to positive derivative positions​.Bill Barrett Corp - Company expects to realize a cash commodity derivative gain of $6.2 million in Q2 due to positive derivative positions.Bill Barrett -For Q2 of 2017, West Texas Intermediate ("WTI") oil prices averaged $48.29 per barrel.Bill Barrett -For Q2 of 2017, northwest pipeline natural gas prices averaged $2.67 per mmbtu and nymex natural gas prices averaged $3.19 per MMBTU.  Full Article

Bill Barrett Q1 loss per share $0.18
Tuesday, 2 May 2017 04:13pm EDT 

May 2 (Reuters) - Bill Barrett Corp ::Bill Barrett Corporation reports first quarter 2017 financial and operating results.Q1 loss per share $0.18.Q1 earnings per share view $-0.25 -- Thomson Reuters I/B/E/S.Bill Barrett Corp - production sales volumes of 1.43 mmboe for Q1 were at high-end of guidance range of 1.35-1.45 mmboe.Bill Barrett Corp - Q2 production sales volumes are expected to approximate 1.45-1.55 mmboe.Bill Barrett Corp- Q2 capital expenditures are expected to total $65-$75 million.Bill Barrett -undergoing semi-annual borrowing base review and expects that current borrowing base of $300 million will remain unchanged.Bill Barrett Corp - qtrly adjusted net loss Q1 of 2017 of $0.16 per diluted share.Bill Barrett Corp - qtrly total operating revenues $50.5 million versus $29.4 million.Bill Barrett Corp- Q2 production is expected to be weighted approximately 60% oil.Bill Barrett Corp- anticipates that oil component of total production will increase as additional XRL wells are placed on production during 2017.Qtrly total operating revenues $ 50.5 million versus $ 29.4 million.Q1 revenue view $53.5 million -- Thomson Reuters I/B/E/S.  Full Article

Bill Barrett Corp announces pricing of senior notes offering
Tuesday, 25 Apr 2017 07:14pm EDT 

April 25 (Reuters) - Bill Barrett Corp :Bill Barrett Corporation announces pricing of senior notes offering.Priced an offering of $275 million aggregate principal amount of 8.75% senior unsecured notes due 2025.  Full Article

Bill Barrett expects Q1 production sales volumes of 1.43 mln barrels of oil equivalent
Monday, 24 Apr 2017 09:23am EDT 

April 24 (Reuters) - Bill Barrett Corp ::Bill Barrett Corp - expected Q1 production sales volumes of 1.43 million barrels of oil equivalent.Bill Barrett Corp - anticipates that oil component of total production will increase as additional XRL wells are placed on production during 2017.Bill Barrett Corp - expects to record $8 million non-cash impairment related to non-producing leasehold interests in western Colorado for Q1.Bill Barrett Corp - Q1 expected production consists of 58% oil, 22% natural gas and 20% natural gas liquids.  Full Article

Bill Barrett says planning private offering of $275 mln in aggregate principal amount of senior unsecured notes
Monday, 24 Apr 2017 08:24am EDT 

April 24 (Reuters) - Bill Barrett Corp :Bill barrett corporation announces proposed private debt offering.Bill barrett corp - planning a private offering of $275 million in aggregate principal amount of senior unsecured notes due 2025.Bill barrett corp - intends to use net proceeds from offering to fund redemption of all of its outstanding 7.625% senior notes due 2019.Bill barrett corp - also intends to use net proceeds from offering to fund redemption all of its outstanding 5% convertible senior notes due 2028.  Full Article

Bill Barrett reports Q4 loss per share $0.79
Thursday, 2 Mar 2017 04:55pm EST 

Bill Barrett Corp : 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 30pct-50pct . Q4 loss per share $0.79 . Q4 earnings per share view $-0.12 -- Thomson Reuters I/B/E/S . Bill Barrett Corp - initial 2018 production growth outlook of 30pct -50pct . Bill Barrett Corp - 2017 operating plan has projected capital expenditures of $255-$285 million and production sales volumes of 6.0-6.5 MMBOE . Says 2018 production sales volumes anticipated to be 30pct-50pct greater than 2017 . Bill Barrett Corp - 2018 production sales volumes anticipated to be 30pct-50pct greater than 2017 . Says production sales volumes for Q4 of 2016 totaled 1.6 mmboe, an 8pct decrease . Bill Barrett Corp qtrly total operating revenues $51.6 million versus $46.6 million . Says for 2017, 6,846 barrels per day of oil is hedged at an average wti price of $58.47 per barrel . Says for 2017, 10,000 MMBTU/D of natural gas is hedged at an average nwpl price of $2.96 per MMBTU . Bill Barrett Corp says for 2018, 2,616 barrels per day of oil is hedged at an average wti price of $55.00 per barrel and no natural gas hedges in place . Bill Barrett Corp - 2017 capital budget will be funded with operating cash flow and cash on hand . Bill Barrett Corp - approximately 70-75 gross xrl wells are expected to be drilled in ne wattenberg field of dj basin in 2017.  Full Article

Bill Barrett Corp announces public offering of common stock
Tuesday, 6 Dec 2016 04:08pm EST 

Bill Barrett Corp : Says offering 11.5 million common shares .Bill Barrett Corporation announces public offering of common stock.  Full Article

Bill Barrett Corp reports q3 financial and operating results
Thursday, 3 Nov 2016 04:13pm EDT 

Bill Barrett Corp : Bill Barrett Corp - 2016 capital expenditures expected to total approximately $100 million . Bill Barrett Corp qtrly production sales volumes of 1.6 mmboe (65% oil) . Anticipate 2016 cash flow to be in excess of capital expenditures for year . Sees 2016 production of 6.0-6.2 MMBoe . Bill Barrett Corp sees FY LOE of $29-$31 million, decreased from $31-$34 million . Bill Barrett Corp - At September 30, 2016, principal debt balance was $718.8 million, while cash and cash equivalents were $174.3 million . Bill Barrett Corp - Qtrly adjusted loss per share $0.10 . Bill Barrett Corp - Qtrly loss per share $0.44 . Q3 earnings per share view $-0.14 -- Thomson Reuters I/B/E/S .Bill Barrett Corporation reports third quarter 2016 financial and operating results.  Full Article

BRIEF-Bill Barrett Corporation updates 2017 Operating Guidance

* Bill Barrett Corporation updates 2017 operating guidance; increasing production guidance while reducing lease operating expense and capital expenditure guidance