ATPG
Re: ATPG
Actually, ATPG's 1st quarter results were better than I had forecast.
I was on the road in Dallas all day today so I just had a chance to go over the ATPG report. I will listen to their conference call in the morning and update my forecast model accordingly.
Everyone should have known the Q1 results were going to be a small loss. They just picked one heck of a day to announce it.
Telemark and the Canyon Express are now on-line and it will only take four wells to bring Telemark to capacity (over 35,000 boepd). ATPG's production will more than double by the 4th quarter so hang tough.
More details tomorrow.
Dan
I was on the road in Dallas all day today so I just had a chance to go over the ATPG report. I will listen to their conference call in the morning and update my forecast model accordingly.
Everyone should have known the Q1 results were going to be a small loss. They just picked one heck of a day to announce it.
Telemark and the Canyon Express are now on-line and it will only take four wells to bring Telemark to capacity (over 35,000 boepd). ATPG's production will more than double by the 4th quarter so hang tough.
More details tomorrow.
Dan
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: ATPG
UPGRADE: ATP Oil & Gas (ATPG) upgraded by CapitalOne southcoast from Neutral to Add. 05/07 09:20 AM
But I also just looked at a 3 month candlestick plot of the DOW and it definitly took me out of the buying mood. (MACD)
Maybe this afternoon if we get pounded with a Friday afternoon sell off. I did pick up a little TGA this morning.
But I also just looked at a 3 month candlestick plot of the DOW and it definitly took me out of the buying mood. (MACD)
Maybe this afternoon if we get pounded with a Friday afternoon sell off. I did pick up a little TGA this morning.