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DENVER (AP) _ Bill Barrett Corp. (BBG) on Thursday reported a loss of $44.6 million in its second quarter.
On a per-share basis, the Denver-based company said it had a loss of 92 cents. Losses, adjusted for non-recurring costs, came to 8 cents per share.
The results surpassed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for a loss of 10 cents per share.
The oil and gas company posted revenue of $62.6 million in the period, which missed Street forecasts. Nine analysts surveyed by Zacks expected $75.6 million.
In the final minutes of trading on Thursday, the company's shares hit $4.95. A year ago, they were trading at $21.21.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BBG at http://www.zacks.com/ap/BBG
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Keywords: Bill Barrett, Earnings Report
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Bill Barrett Corporation
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CODE : BBG |
ISIN : US06846N1046 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Bill Barrett corp is a exploration company based in United states of america. Bill Barrett corp is listed in Germany and in United States of America. Its market capitalisation is US$ 534.1 millions as of today (€ 432.6 millions). Its stock quote reached its highest recent level on June 05, 2015 at US$ 9.67, and its lowest recent point on March 19, 2018 at US$ 4.84. Bill Barrett corp has 110 349 217 shares outstanding. |