Bill Barrett Corporation

Last updated
Bill Barrett Corporation
Company type Public
Industry oil exploration
Founded2002
FounderWilliam J. "Bill" Barrett
Defunct2017 (2017)
FateMerged with HighPoint Resources
Headquarters Denver, Colorado
Key people
Bill Barrett, Founder
Fredrick J. Barrett, CEO and chairman
RevenueIncrease2.svg US$698M (FY 2010) [1]
Increase2.svg US$183M (FY 2010) [1]
Increase2.svg US$80.5M (FY 2010) [1]
Total assets Increase2.svg US$2.04B (FY 2010) [2]
Total equity Increase2.svg US$1.14B (FY 2010) [2]
Number of employees
280 [3]
Website www.billbarrettcorp.com

Bill Barrett Corporation was 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]

Bill Barrett Corporation merged into HighPoint Resources Corp in 2017, [6] which subsequently merged with Bonanza Creek Energy, Inc. [7]

Related Research Articles

<span class="mw-page-title-main">Chevron Corporation</span> American multinational energy corporation

Chevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California, it is headquartered in San Ramon, California, and active in more than 180 countries. Within oil and gas, Chevron is vertically integrated and is involved in hydrocarbon exploration, production, refining, marketing and transport, chemicals manufacturing and sales, and power generation.

<span class="mw-page-title-main">Tesoro Corporation</span> American energy company

Tesoro Corporation, known briefly as Andeavor, was a Fortune 100 and a Fortune Global 500 company headquartered in San Antonio, Texas, with 2017 annual revenues of $35 billion, and over 14,000 employees worldwide. Based on 2017 revenue, the company ranked No. 90 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.

<span class="mw-page-title-main">Kerr-McGee</span> American energy company (1929–2006)

The Kerr-McGee Corporation, founded in 1929, was an American energy company involved in oil exploration, production of crude oil, natural gas, perchlorate and uranium mining and milling in various countries. On June 23, 2006, Anadarko Petroleum acquired Kerr-McGee in an all-cash transaction totalling $16.5 billion plus $2.6 billion in debt and all operations moved from their base in Oklahoma, United States. As a result of further acquisitions, most of the former Kerr-McGee is now part of Occidental Petroleum.

<span class="mw-page-title-main">Marathon Petroleum</span> American petroleum refining, marketing, and transportation company

Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011.

<span class="mw-page-title-main">Hess Corporation</span> American global energy company

Hess Corporation is an American global independent energy company involved in the exploration and production of crude oil and natural gas. It was formed by the merger of Hess Oil and Chemical and Amerada Petroleum in 1968. Leon Hess was CEO from the early 1960s through 1995, after which his son John B Hess succeeded him as chairman and CEO. The company has agreed to be acquired by rival oil company Chevron.

<span class="mw-page-title-main">Williams Companies</span> American energy company

The Williams Companies, Inc., is an American energy company based in Tulsa, Oklahoma. Its core business is natural gas processing and transportation, with additional petroleum and electricity generation assets. A Fortune 500 company, its common stock is a component of the S&P 500.

Prior to his election as president in 2000, George W. Bush held other positions including being an oil executive, an owner of the Texas Rangers baseball team, and the governor of Texas.

WEC Energy Group is an American company based in Milwaukee, Wisconsin that provides electricity and natural gas to 4.4 million customers across four states.

<span class="mw-page-title-main">PacifiCorp</span> Electric power company serving the Western United States

PacifiCorp is an electric power company in the western United States.

Questar Corporation was a natural gas public utility based in Salt Lake City, Utah. In September 2016, the company was acquired by Dominion Resources.

<span class="mw-page-title-main">Dominion Energy</span> American energy company

Dominion Energy, Inc., commonly referred to as Dominion, is an American energy company headquartered in Richmond, Virginia that supplies electricity in parts of Virginia, North Carolina, and South Carolina and supplies natural gas to parts of Utah, Idaho and Wyoming, West Virginia, Ohio, Pennsylvania, North Carolina, South Carolina, and Georgia. Dominion also has generation facilities in Indiana, Illinois, Connecticut, and Rhode Island.

<span class="mw-page-title-main">Fred Meissner</span> American geologist and engineer

Fred F. Meissner was an American geologist and engineer who contributed to the fields of geology, geophysics, engineering, petroleum engineering, geochemistry, mineralogy, physics, mining, economic geology, and fishing.

Santa Fe Snyder Corporation was an independent oil and gas exploration and production company headquartered in Houston, Texas. The company was formed by the 1999 merger of Houston-based Santa Fe Energy Resources and Fort Worth-based Snyder Oil Corporation. Santa Fe Snyder merged with Devon Energy in August 2000. Devon Energy Corp., Oklahoma City, has agreed to acquire Santa Fe Snyder Corp., Houston, for about $3.35 billion in stock and assumed debt, in a deal creating one of the top five US independent oil and gas companies. Devon Chairman Larry Nichols says the combined company will be stronger to compete than either partner would be independently. Santa Fe Snyder was a publicly held company traded on the New York Stock Exchange under the ticker symbol SFS.

<span class="mw-page-title-main">Coastal Corporation</span> Defunct American energy corporation

Coastal Corporation was a diversified energy and petroleum products company headquartered at 9 Greenway Plaza in Greenway Plaza, Houston, Texas. The company was founded in 1955 by Oscar Wyatt and incorporated in 1955 as Coastal States Gas Producing Company. It merged with the El Paso Corporation in 2001. As of 1999, Coastal was a Fortune 500 company with 13,300 employees and annual revenues of $8.2 billion.

Xtract Resources plc is a diversified metals and minerals producer based in London, United Kingdom. The company's shares are traded on London Stock Exchange Alternative Investment Market. Its CEO is Colin Bird. The primary focus of the company is gold and copper exploration and mining. The company's main assets are located in Chile, Mozambique, and South Africa.

<span class="mw-page-title-main">Canadian petroleum companies</span>

Although there are numerous oil companies operating in Canada, as of 2009, the majority of production, refining and marketing was done by fewer than 20 of them. According to the 2013 edition of Forbes Global 2000, canoils.com and any other list that emphasizes market capitalization and revenue when sizing up companies, as of March 31, 2014 these are the largest Canada-based oil and gas companies.

The Texas Pacific Land Corporation is a publicly traded real estate operating company with its administrative office in Dallas, Texas. Owning well over 880,000 acres (3,600 km2) in 20 West Texas counties, TPL is among the largest private landowners in the state of Texas. It was previously organized as an unusual legal entity, a publicly traded trust taxed as a corporation, and operated under the name Texas Pacific Land Trust.

<span class="mw-page-title-main">Newfield Exploration</span> Former energy company; acquired by Encana

Newfield Exploration Company was a petroleum, natural gas and natural gas liquids exploration and production company organized in Delaware and headquartered in Houston, Texas, USA. In February 2019, the company was acquired by Encana.

Warwick Investment Group is a SEC-registered investment advisor, managing funds that invest globally in natural resources and real estate. Warwick has an established track record in strategic consolidation in these sectors, having completed more than 4,000 transactions since inception. The firm has ~75 team members and advisors across offices in Oklahoma City, Dallas, New York and London, investing across private equity funds, special purpose vehicles and open-ended structures. The firm also manages capital for pension funds in 8 of the 50 states.

Tourmaline Oil is a Canadian energy company engaged in the exploration, development, and extraction of crude oil and natural gas. It is headquartered in Calgary, Alberta in Canada. A major natural gas producer, it became the largest natural gas producer in Canada in 2021. It is also the first Canadian oil and gas exploration and development company to directly engage in the liquified natural gas business.

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 . Archived from the original on July 8, 2011. Retrieved March 30, 2010.
  5. Williams, Peggy (March 4, 2006). "Deep Utah Potential" (PDF). Oil and Gas Investor. Hart Energy Publishing. ISSN   0744-5881. Archived from the original (PDF) on October 13, 2007. Retrieved February 12, 2009.
  6. "Amendment No.2 to Form S-4". www.sec.gov. Retrieved 2021-08-01.
  7. "HighPoint Resources Corp Form 8-K". www.sec.gov. 2021-02-12. Archived from the original on 2021-08-01. Retrieved 2021-08-01.