News stories about Bill Barrett (NYSE:BBG) have been trending somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Bill Barrett earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news coverage about the energy company an impact score of 46.5613404476779 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- Bill Barrett Corporation Completes Strategic Combination with Fifth Creek Energy and Announces Name Change to HighPoint Resources Corporation (finance.yahoo.com)
- Does Bill Barrett Corporation’s (NYSE:BBG) Past Performance Indicate A Stronger Future? (finance.yahoo.com)
- Bill Barrett Co. to Post Q1 2019 Earnings of $0.09 Per Share, Seaport Global Securities Forecasts (BBG) (americanbankingnews.com)
- Bill Barrett Corporation Receives All Required Stockholder Appro – KSWO 7News | Breaking News, Weather and Sports (kswo.com)
- Bill Barrett Corporation Receives All Required Stockholder Approvals Related To Business Combination with Fifth Creek Energy (finance.yahoo.com)
Several brokerages recently commented on BBG. Zacks Investment Research raised shares of Bill Barrett from a “hold” rating to a “buy” rating and set a $5.25 price objective on the stock in a research report on Monday, March 12th. SunTrust Banks began coverage on shares of Bill Barrett in a research report on Friday, March 2nd. They set a “buy” rating and a $7.00 price objective on the stock. Imperial Capital raised shares of Bill Barrett from an “in-line” rating to an “outperform” rating and set a $9.00 price objective on the stock in a research report on Monday, February 5th. ValuEngine cut shares of Bill Barrett from a “sell” rating to a “strong sell” rating in a research note on Friday, February 2nd. Finally, Seaport Global Securities restated a “neutral” rating on shares of Bill Barrett in a research note on Tuesday, December 19th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $6.48.
Bill Barrett (NYSE:BBG) last issued its quarterly earnings data on Tuesday, February 27th. The energy company reported $0.01 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.03) by $0.04. Bill Barrett had a negative net margin of 54.67% and a negative return on equity of 5.27%. The firm had revenue of $83.40 million for the quarter, compared to analysts’ expectations of $82.50 million. During the same quarter in the prior year, the business earned ($0.18) EPS. The business’s quarterly revenue was up 61.6% on a year-over-year basis. research analysts forecast that Bill Barrett will post 0.18 earnings per share for the current fiscal year.
ILLEGAL ACTIVITY NOTICE: “Bill Barrett (BBG) Getting Somewhat Favorable Media Coverage, Analysis Shows” was originally reported by BBNS and is the property of of BBNS. If you are reading this article on another website, it was copied illegally and republished in violation of U.S. and international copyright legislation. The original version of this article can be accessed at https://baseballnewssource.com/2018/03/21/bill-barrett-bbg-getting-somewhat-favorable-news-coverage-analysis-shows/2027916.html.
About Bill Barrett
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.
Receive News & Ratings for Bill Barrett Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bill Barrett and related companies with MarketBeat.com's FREE daily email newsletter.