Bill Barrett (BBG -3%) shares are lower despite disclosure of SAC Capital's raised 5.5% stake...

|About: Bill Barrett Corporation (BBG)|By:, SA News Editor

Bill Barrett (BBG -3%) shares are lower despite disclosure of SAC Capital's raised 5.5% stake that's a positive bet on natural gas. Steve Cohen had slashed his Q2 position after BBG lowered production guidance, but in August the company revised estimates upwards. While BBG trades at a premium based on P/E, it's attractive on a P/S basis vs. peers NOG, STR, QEP and SGY.