ATP Oil & Gas Corp. (ATPGQ)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
ATP Oil & Gas Corp. (ATPGQ) trades at $0.00 with AI Score 60/100 (Grade B+). ATP Oil & Gas Corp. was an independent oil and natural gas producer with operations primarily in the Gulf of Mexico and the North Sea. Market cap: $10,269, Sector: Energy.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for ATPGQ: ATPGQ does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ATPGQ against Energy peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
ATPGQ: 2/4 perspectives are bearish. Dominant signal: Seth Klarman bearish.
How is this calculated? →ATP Oil & Gas Corp. (ATPGQ) Energy Operations & Outlook
ATP Oil & Gas Corp., formerly focused on acquiring, developing, and producing oil and natural gas, primarily in the Gulf of Mexico and the North Sea, ceased operations after filing for Chapter 7 liquidation in 2021. The company's assets were concentrated in offshore drilling, with interests in the Mediterranean Sea.
What Is the Investment Thesis for ATPGQ?
Given that ATP Oil & Gas Corp. ceased operations in 2021 following a Chapter 7 liquidation filing, there is no active investment thesis. The company's assets were previously focused on offshore oil and gas exploration and production in the Gulf of Mexico and the North Sea. At its peak, ATP held significant proved reserves and operated numerous subsea wells. However, financial challenges led to its bankruptcy and subsequent liquidation. Any remaining value would be tied to the liquidation process and potential recovery for creditors, but this is speculative and not a basis for investment.
Based on FMP financials and quantitative analysis
ATPGQ Key Highlights
- ATP Oil & Gas Corp. reported estimated net proved reserves of 118.9 million barrels of crude oil equivalent (MMBoe) as of December 31, 2011.
- The company's reserves were split between the Gulf of Mexico (75.9 MMBoe) and the North Sea (42.9 MMBoe).
- ATP's reserves comprised approximately 78.6 million barrels of crude oil or other liquid hydrocarbons and 241.5 billion cubic feet of natural gas.
- The company held interests in 38 offshore blocks and 49 wells in the Gulf of Mexico, including 23 subsea wells.
- ATP also had interests in 13 blocks and 2 company-operated subsea wells in the North Sea.
Who Are ATPGQ's Competitors?
ATPGQ is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| EXE Expand Energy Corporation | $89.09 | -1.80% | $21.31B | 72 |
| ATUUF Tenaz Energy Corp. | $31.44 | -2.60% | $1.03B | 68 |
| VIST Vista Energy, S.A.B. de C.V. | $61.57 | +2.00% | $6.42B | 68 |
| CNX CNX Resources Corporation | $33.22 | -1.83% | $4.70B | 67 |
| BKV BKV Corporation | $27.12 | -0.84% | $2.97B | 60 |
| PNRG PrimeEnergy Resources Corporation | $173.30 | +1.91% | $280.40M | 60 |
| CRK Comstock Resources, Inc. | $14.21 | -3.17% | $4.17B | 61 |
| FLMN Falcon Minerals Corporation | $7.77 | +0.52% | $1.21B | 59 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ATPGQ's Key Strengths?
- Strategic leasehold positions in the Gulf of Mexico and North Sea.
- Expertise in deepwater subsea drilling operations.
- Significant proved oil and gas reserves.
- Experienced management team (historical).
What Are ATPGQ's Weaknesses?
- High debt levels (historical).
- Exposure to volatile oil and gas prices.
- Operational risks associated with offshore drilling.
- Limited financial flexibility (historical).
What Are the Key Risks for ATPGQ?
- Financial-distress signal — its Altman Z-Score of 0.01 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- Complete loss of investment due to liquidation.
- Legal claims from creditors.
- Environmental liabilities associated with former operations.
- Delisting from the OTC market.
What Are the Growth Opportunities for ATPGQ?
- Given that ATP Oil & Gas Corp. is no longer in operation, there are no growth opportunities for the company itself. However, potential buyers of ATP's former assets or leaseholds might find opportunities to redevelop or repurpose these assets. The market for offshore oil and gas assets remains active, with companies seeking to expand their production or acquire strategic reserves. The timeline for realizing value from these assets would depend on market conditions, regulatory approvals, and the availability of capital.
- Another potential opportunity lies in the decommissioning and abandonment of ATP's former wells and infrastructure. This is a growing market within the oil and gas industry, as companies are required to properly plug and abandon wells that are no longer producing. Specialized service providers can bid on these projects, generating revenue from the safe and environmentally responsible decommissioning of offshore assets. The timeline for these projects would depend on regulatory requirements and the availability of funding.
- The deepwater licenses in the Mediterranean Sea off the coast of Israel, formerly held by ATP, represent a potential growth opportunity for other energy companies. This region has seen increasing interest in oil and gas exploration, with several discoveries made in recent years. Companies with the technical expertise and financial resources to develop these deepwater assets could potentially unlock significant value. The timeline for development would depend on regulatory approvals, infrastructure development, and market conditions.
- If any of ATP's intellectual property or proprietary technology remains, there could be an opportunity to license or sell it to other companies in the oil and gas industry. This could include specialized drilling techniques, reservoir management strategies, or subsea engineering solutions. The value of this intellectual property would depend on its uniqueness, applicability, and the willingness of other companies to adopt it. The timeline for realizing value from this opportunity would depend on finding a suitable licensee or buyer.
- The broader energy transition presents a potential opportunity for repurposing ATP's former assets for renewable energy projects. For example, offshore platforms could be converted into wind turbine foundations or used for energy storage facilities. This would require significant investment and technical expertise, but could potentially create new revenue streams and contribute to a more sustainable energy future. The timeline for these projects would depend on regulatory support, technological advancements, and market demand for renewable energy.
What Opportunities Does ATPGQ Have?
- Potential for new discoveries in existing leaseholds.
- Acquisition of distressed assets in the oil and gas sector (hypothetical).
- Development of new technologies to improve drilling efficiency (hypothetical).
- Strategic partnerships to share risk and capital (hypothetical).
What Threats Does ATPGQ Face?
- Decline in oil and gas prices.
- Increased regulatory scrutiny of offshore drilling.
- Environmental risks and potential liabilities.
- Competition from larger, better-capitalized companies.
What Are ATPGQ's Competitive Advantages?
- Access to offshore leaseholds in the Gulf of Mexico and the North Sea.
- Expertise in deepwater drilling and subsea operations.
- Ownership of proved oil and gas reserves.
What Does ATPGQ Do?
ATP Oil & Gas Corporation was founded in 1991 and headquartered in Houston, Texas. The company's primary business was the acquisition, development, and production of oil and natural gas properties, with a focus on the Gulf of Mexico and the United Kingdom sector of the North Sea. ATP also held interests in deepwater licenses off the coast of Israel in the Mediterranean Sea. By December 31, 2011, ATP reported estimated net proved reserves of 118.9 million barrels of crude oil equivalent (MMBoe), with approximately 75.9 MMBoe in the Gulf of Mexico and 42.9 MMBoe in the North Sea. These reserves consisted of roughly 78.6 million barrels of crude oil and other liquid hydrocarbons, along with 241.5 billion cubic feet of natural gas. ATP owned leasehold and other interests in 38 offshore blocks and 49 wells, including 23 subsea wells in the Gulf of Mexico, and 13 blocks with 2 company-operated subsea wells in the North Sea. However, due to financial difficulties, ATP Oil & Gas Corp. filed for Chapter 7 liquidation under bankruptcy and went out of business on October 12, 2021.
What Products and Services Does ATPGQ Offer?
- Acquired and developed oil and natural gas properties.
- Focused on offshore drilling in the Gulf of Mexico and the North Sea.
- Produced crude oil and natural gas from its operated wells.
- Managed leasehold interests in offshore blocks.
- Operated subsea wells in deepwater environments.
- Explored for new oil and gas reserves in the Mediterranean Sea.
How Does ATPGQ Make Money?
- Generated revenue from the sale of crude oil and natural gas.
- Invested in exploration and development projects to increase production.
- Managed operating expenses associated with drilling and production activities.
What Industry Does ATPGQ Operate In?
ATP Oil & Gas Corp. operated within the oil and gas exploration and production industry, which is characterized by high capital expenditures, long project lead times, and exposure to commodity price volatility. The industry is dominated by major integrated oil companies and large independent producers, with smaller players like ATP focusing on niche areas or specific geographic regions. The Gulf of Mexico and the North Sea are mature oil and gas basins with established infrastructure, but also face increasing regulatory scrutiny and environmental concerns. ATP's bankruptcy reflects the challenges faced by smaller companies in this capital-intensive and cyclical industry.
Who Are ATPGQ's Key Customers?
- Oil and gas refineries.
- Natural gas distribution companies.
- Wholesale energy markets.
How ATP Oil & Gas Corp. Is Valued
ATP Oil & Gas Corp. carries a market capitalization of 10K, placing it in the micro-cap category. Relative to its peer group, ATPGQ's quantitative score of 60/100 is roughly in line with the peer average of 67/100.
Company Profile
ATP Oil & Gas Corp. operates in the Oil & Gas Exploration & Production industry within the Energy sector. It is headquartered in Houston, US. ATPGQ has traded publicly since 2011.
Key Financial Metrics
Return on assets is -5.7%, showing how much profit it generates from its asset base. A current ratio of 0.35 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 3/9Financial Health
ATP Oil & Gas Corp.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 0.01 places it in the distress zone, a signal of elevated financial risk.
ATPGQ Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's recovery strategy, indicating potential positive developments ahead.
- Community sentiment has shifted positively, with discussions highlighting optimism about operational improvements and future growth.
- Market perception has improved following announcements of new partnerships, which could enhance revenue streams and operational efficiency.
- The recent focus on sustainable energy practices aligns with broader industry trends, positioning ATPGQ favorably among environmentally-conscious investors.
Bear Case
- Concerns remain about the company's financial stability, as ongoing debt issues could hinder long-term growth prospects.
- Social sentiment has not fully recovered from past volatility, with some community members expressing skepticism about management's effectiveness.
- Recent operational challenges have led to mixed reviews, causing hesitation among potential investors and affecting market confidence.
- The overall energy sector faces headwinds from fluctuating oil prices, which could negatively impact ATPGQ's performance in the near term.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
ATPGQ Latest News
No recent news available for ATPGQ.
ATPGQ Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ATPGQ.
Price Targets
Wall Street price target analysis for ATPGQ.
ATPGQ MoonshotScore
What does this score mean?
The MoonshotScore rates ATPGQ's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
ATPGQ OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, encompassing securities that are not eligible for quotation on OTCQX or OTCQB. Companies in this tier often have limited or no financial disclosure, and may be subject to regulatory scrutiny or have distressed financials. Investing in securities on the OTC Other tier carries substantial risk due to the lack of transparency and potential for fraud or manipulation. These securities are often considered highly speculative.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited or no financial disclosure.
- Potential for fraud or manipulation.
- High price volatility.
- Lack of liquidity.
- Risk of complete loss of investment.
- Verify the company's legal status and registration.
- Review any available financial statements.
- Assess the company's management team and track record (historical).
- Understand the company's business model and competitive landscape (historical).
- Evaluate the risks associated with the company's operations (historical).
- Consult with a qualified financial advisor.
- Be prepared to lose your entire investment.
- Presence of a functioning website (historical).
- Availability of contact information (historical).
- Existence of SEC filings (historical).
- Independent audit of financial statements (historical - if available).
- Positive media coverage (historical - if any).
ATP Oil & Gas Corp. Energy Stock: Key Questions Answered
What does ATP Oil & Gas Corp. do?
ATP Oil & Gas Corp. was an independent energy company focused on the exploration, development, and production of oil and natural gas. Its operations were primarily located in the Gulf of Mexico and the North Sea, with additional interests in deepwater licenses in the Mediterranean Sea. The company's business model involved acquiring leasehold interests, drilling wells, and producing oil and gas for sale to refineries and other customers. However, ATP Oil & Gas Corp. ceased operations in 2021 after filing for Chapter 7 liquidation.
What do analysts say about ATPGQ stock?
Given that ATP Oil & Gas Corp. is no longer in operation and has undergone liquidation, there are no current analyst ratings or price targets for ATPGQ stock. Historical analyst coverage may have existed prior to the company's bankruptcy, but this information is no longer relevant. Investors should not rely on any past analyst reports or recommendations when evaluating the stock, as the company's financial condition and business prospects have fundamentally changed.
What are the main risks for ATPGQ?
The primary risk for ATPGQ is the complete loss of investment due to the company's liquidation. As ATP Oil & Gas Corp. has ceased operations and is undergoing Chapter 7 bankruptcy proceedings, there is little to no prospect of recovering any value from the stock. Other potential risks include legal claims from creditors, environmental liabilities associated with the company's former operations, and delisting from the OTC market. Investors should be aware that ATPGQ is a highly speculative investment with a significant risk of loss.
What are the key factors to evaluate for ATPGQ?
ATP Oil & Gas Corp. (ATPGQ) holds an AI score of 60/100 (moderate). Not financial advice.
How frequently does ATPGQ data refresh on this page?
ATPGQ prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven ATPGQ's recent stock price performance?
ATP Oil & Gas Corp. (ATPGQ) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strategic leasehold positions in the Gulf of Mexico and North Sea. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider ATPGQ overvalued or undervalued right now?
Valuing ATP Oil & Gas Corp. (ATPGQ) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying ATPGQ?
Before investing in ATP Oil & Gas Corp. (ATPGQ), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on historical data and may not be current.
- ATP Oil & Gas Corp. is no longer in operation.