Bill Barrett Corporation (NYSE:BBG) – Research analysts at Seaport Global Securities boosted their Q3 2017 earnings per share estimates for Bill Barrett Corporation in a research report issued on Thursday. Seaport Global Securities analyst M. Kelly now anticipates that the energy company will earn ($0.14) per share for the quarter, up from their prior estimate of ($0.17). Seaport Global Securities also issued estimates for Bill Barrett Corporation’s Q4 2017 earnings at ($0.15) EPS, FY2017 earnings at ($0.62) EPS, Q1 2018 earnings at ($0.23) EPS, Q2 2018 earnings at ($0.23) EPS, Q3 2018 earnings at ($0.23) EPS, Q4 2018 earnings at ($0.23) EPS and FY2018 earnings at ($0.92) EPS.

Bill Barrett Corporation (NYSE:BBG) last posted its quarterly earnings data on Tuesday, August 1st. The energy company reported ($0.17) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.24) by $0.07. The firm had revenue of $51.07 million during the quarter, compared to analysts’ expectations of $53.57 million. Bill Barrett Corporation had a negative return on equity of 7.65% and a negative net margin of 52.54%. The business’s quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the firm earned ($0.13) EPS.

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Several other equities analysts have also issued reports on the company. KeyCorp reaffirmed a “hold” rating on shares of Bill Barrett Corporation in a report on Monday, October 16th. BMO Capital Markets set a $4.00 price objective on Bill Barrett Corporation and gave the stock a “hold” rating in a report on Tuesday, October 10th. Stifel Nicolaus set a $7.00 price objective on Bill Barrett Corporation and gave the stock a “buy” rating in a report on Thursday, October 5th. Zacks Investment Research raised Bill Barrett Corporation from a “hold” rating to a “buy” rating and set a $5.00 price objective on the stock in a report on Tuesday, October 3rd. Finally, Imperial Capital assumed coverage on Bill Barrett Corporation in a report on Thursday, September 28th. They set an “in-line” rating and a $5.00 price objective on the stock. Three analysts have rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the stock. Bill Barrett Corporation has a consensus rating of “Hold” and an average price target of $5.71.

Shares of Bill Barrett Corporation (BBG) opened at 4.54 on Monday. The stock has a 50 day moving average price of $3.95 and a 200-day moving average price of $3.59. Bill Barrett Corporation has a 52-week low of $2.66 and a 52-week high of $8.24. The firm’s market cap is $339.96 million.

Institutional investors and hedge funds have recently made changes to their positions in the company. BNP Paribas Arbitrage SA boosted its stake in shares of Bill Barrett Corporation by 129.5% during the second quarter. BNP Paribas Arbitrage SA now owns 34,359 shares of the energy company’s stock worth $105,000 after buying an additional 19,385 shares during the period. Cutler Group LP lifted its position in Bill Barrett Corporation by 3,046.7% in the second quarter. Cutler Group LP now owns 37,760 shares of the energy company’s stock valued at $115,000 after purchasing an additional 36,560 shares during the period. UBS Group AG lifted its position in Bill Barrett Corporation by 50.2% in the first quarter. UBS Group AG now owns 26,186 shares of the energy company’s stock valued at $119,000 after purchasing an additional 8,750 shares during the period. UBS Asset Management Americas Inc. lifted its position in Bill Barrett Corporation by 79.9% in the first quarter. UBS Asset Management Americas Inc. now owns 26,800 shares of the energy company’s stock valued at $122,000 after purchasing an additional 11,900 shares during the period. Finally, Arizona State Retirement System lifted its position in Bill Barrett Corporation by 0.8% in the second quarter. Arizona State Retirement System now owns 39,760 shares of the energy company’s stock valued at $122,000 after purchasing an additional 300 shares during the period. Institutional investors and hedge funds own 90.75% of the company’s stock.

In other news, CEO R Scot Woodall sold 10,000 shares of the stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $3.04, for a total transaction of $30,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 2.70% of the stock is currently owned by corporate insiders.

Bill Barrett Corporation Company Profile

Bill 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.

Earnings History and Estimates for Bill Barrett Corporation (NYSE:BBG)

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