Bill Barrett Stock Hits New 52-Week Low (BBG)

NEW YORK ( TheStreet) -- Bill Barrett Corporation (NYSE: BBG) hit a new 52-week low Wednesday as it is currently trading at $26.76, below its previous 52-week low of $26.79 with one million shares traded as of 2:29 p.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 18.9% 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 principally in the Rocky Mountain region of the United States. Bill Barrett Corporation was founded in 2002 and is based in Denver, Colorado. The company has a P/E ratio of 22, below the average energy industry P/E ratio of 22.2 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Bill Barrett as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. 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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