Lower natural gas prices hurt Bill Barrett’s earnings
“The second quarter was again challenging due to low commodity prices,” CEO Fred Barrett said in a statement.
Operating and other revenue in the second quarter fell 19 percent to $160.3 million.
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WomenGive, a program of United Way of Larimer County, was started in Larimer County in 2006 as an opportunity for women in our community to come together to help other women.
The company’s drilling activity includes three rigs in the Denver-Julesburg Basin’s Niobrara formation. The company produced about 1,350 barrels of oil-equivalent per day in the D.J. Basin in Colorado and Wyoming.
Bill Barrett shares, trading around $19 Thursday, have lost more than half of their value in the past year.
“The second quarter was again challenging due to low commodity prices,” CEO Fred Barrett said in a statement.
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