Bill Barrett Corporation (BBG) : During the past 4 weeks, traders have been relatively bearish on Bill Barrett Corporation (BBG), hence the stock is down -14.66% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -10.43% relative to the S&P 500. The 4-week change in the price of the stock is -12.54% and the stock has fallen -10.05% in the past 1 week.
Bill Barrett Corporation (NYSE:BBG): The stock opened at $6.25 on Friday but the bulls could not build on the opening and the stock topped out at $6.25 for the day. The stock traded down to $5.35 during the day, due to lack of any buying support eventually closed down at $5.37 with a loss of -9.29% for the day. The stock had closed at $5.92 on the previous day. The total traded volume was 4,360,469 shares.
The stock has recorded a 20-day Moving Average of 8.51% and the 50-Day Moving Average is 18.96%. Bill Barrett Corp. has dropped 22.77% during the last 3-month period . Year-to-Date the stock performance stands at 39.14%.
Bill Barrett Corporation (BBG) stock is expected to deviate a maximum of $2.62 from the average target price of $8.46 for the short term period. 12 Street Experts have initiated coverage on the stock with the most promising target being $15 and the most muted being $6.
Bill Barrett Corporation is an independent energy company that develops, acquires and explores for oil and natural gas resources. As of December 31, 2014, the Company had two key areas of production: The Denver-Julesburg Basin (DJ Basin) and the Uinta Oil Program in the Uinta Basin. The Companys acreage positions in the DJ Basin are predominantly located in Colorados eastern plains and parts of southeastern Wyoming. As of December 31, 2014, DJ Basins estimated proved reserves were 73.1 MMBoe (million barrels of oil equivalent). DJ Basins had interests in 388 gross (250.2 net) producing wells as of December 31, 2014. The Uinta Basin is located in northeastern Utah. As of December 31, 2014, Uinta Basins estimated proved reserves were 48.1 MMBoe (million barrels of oil equivalent). Uinta Basin had interests in 350 gross (200.8 net) producing wells as of December 31, 2014.