NEW YORK (

TheStreet

) --

Bill Barrett Corporation

(NYSE:

BBG

) hit a new 52-week low Wednesday as it is currently trading at $26.23, below its previous 52-week low of $26.30 with 95,468 shares traded as of 10:10 a.m. ET. Average volume has been 992,700 shares over the past 30 days.

Bill Barrett has a market cap of $1.35 billion and is part of the

basic materials

sector and

energy

industry. Shares are down 21.5% year to date as of the close of trading on Tuesday.

Bill Barrett Corporation, an independent oil and gas company, engages in the exploration, development, and production of natural gas and crude oil in the United States. The company has a P/E ratio of 42.4, above the average energy industry P/E ratio of 22.2 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Bill Barrett as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full

Bill Barrett Ratings Report

.

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