Bill Barrett Corporation

Bill Barrett Corporation
Public
Traded as NYSE: BBG
S&P 600 Component
Industry oil exploration
Founded 2002
Founder William J. "Bill" Barrett
Headquarters Denver, Colorado
Key people
Bill Barrett, Founder
Fredrick J. Barrett, CEO and chairman
Revenue IncreaseUS$698M (FY 2010)[1]
IncreaseUS$183M (FY 2010)[1]
IncreaseUS$80.5M (FY 2010)[1]
Total assets IncreaseUS$2.04B (FY 2010)[2]
Total equity IncreaseUS$1.14B (FY 2010)[2]
Number of employees
280 [3]
Website www.billbarrettcorp.com

Bill Barrett Corporation (NYSE: BBG) is an energy company based in Denver, Colorado. Its core business is natural gas and oil exploration and development in the Rocky Mountains region of the United States.

History

William J. "Bill" Barrett founded the company in January 2002 after his previous company, Barrett Resources, was acquired by the Williams Companies in August 2001.[4] Bill Barrett Corporation went public in December 2004. Barrett stepped down as chairman and CEO in 2006, and was succeeded by his son Fredrick J. Barrett.

One company project that has drawn press coverage and public debate is the development of natural gas reserves in the West Tavaputs Plateau, in and around Nine Mile Canyon, in Utah's Uinta Basin. This find won the trade publication Oil and Gas Investor's 2005 Excellence Award for Best Discovery.[5]

References

  1. 1 2 3 Bill Barrett (BBG) annual SEC income statement filing via Wikinvest.
  2. 1 2 Bill Barrett (BBG) annual SEC balance sheet filing via Wikinvest.
  3. Bill Barrett Corp. at BusinessWeek.com, retrieved May 4, 2011.
  4. Chakrabarty, Gargi (April 2, 2005). "Oil runs in his blood: Bill Barrett builds his 4th exploration company". Rocky Mountain News. Retrieved March 30, 2010.
  5. Williams, Peggy (March 4, 2006). "Deep Utah Potential" (PDF). Oil and Gas Investor. Hart Energy Publishing. ISSN 0744-5881.
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