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Atp Oil & Gas Corporation (ATPAQ) [hlAlert]

Rating:
Underweight
ATPG
up 309,000.00 %

Atp Oil & Gas Corporation (ATPG) rated Underweight with price target $38 by Lehman Brothers

Posted on: Monday,  Jun 16, 2008  10:25 AM ET by Lehman Brothers

Lehman Brothers rated Underweight Atp Oil & Gas Corporation (OTCBB: ATPAQ) on 06/16/2008. Previously Lehman Brothers rated Underweight Atp Oil & Gas Corporation (OTCBB:
ATPAQ) on 03/20/2008., when the stock price was $30.91. Since then, Atp Oil & Gas Corporation has lost 99.97% as of 10/16/2014's recent price of $0.01.
If you would have followed the previous Lehman Brothers's recommendation on ATPAQ, you would have gained 309000% of your investment in 2401 days.

ATP OIL & GAS is engaged in the acquisition, development and production of natural gas and oil properties in the outer continental shelf of the Gulf of Mexico, in the shallow-deep waters of the Gulf of Mexico and in the Southern Gas Basin of the U.K. North Sea. They primarily focus their efforts on natural gas and oil properties with proved undeveloped reserves that are economically attractive but are not strategic to major or exploration-oriented independent oil and gas companies.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/16/2008 10:25 AM Sell
None
43.63 38.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/28/2008 8:25 AM Sell
None
28.45 37.00
3/20/2008 8:25 AM Sell
None
30.91 40.00

(*) Stock Price at the time of the recommendation.
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