| Address:
|
4600 POST OAK PL
STE 200 |
| City: |
HOUSTON |
|
State: |
TX |
|
Zip Code: |
77027 |
| Telephone: |
713-622-3311 |
|
Description of Business
|
Primary SIC Code:
1311 |
| (As filed with the SEC)
|
|
|
ATP Oil & Gas Corporation was incorporated in Texas in 1991. We are engaged in
the acquisition, development and production of oil and natural gas properties in
the Gulf of Mexico and the U.K and Dutch sectors of the North Sea (the "North
Sea"). We seek to acquire and develop properties with proved undeveloped
reserves ("PUD") that are economically attractive to us but are not strategic to
major or large exploration-oriented independent oil and gas companies.
Occasionally we will acquire properties that are already producing or where
previous drilling has encountered reservoirs that appear to contain commercially
productive quantities of oil and gas even though the reservoirs do not meet the
SEC definition of proved reserves. We believe that our strategy provides assets
for us to develop and produce without the risk, cost or time of traditional
exploration. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | -7.63 | NA | N/E | | 06/2011 | -8.68 | NA | N/E | | 03/2011 | -9.20 | NA | N/E | | 12/2010 | -6.88 | NA | N/E | | 09/2010 | -3.75 | NA | N/E | | 06/2010 | -2.82 | NA | N/E | | 03/2010 | -1.31 | NA | N/E | | 12/2009 | -1.24 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | -0.61 | Total Liab/Total Assets | 0.88 | | Net Inc/Total Assets | -0.11 | Total Liab/Inv Cap | 1.03 | | Net Inc/Inv Cap | -0.12 | Total Liab/Comm Equity | 5.08 | | Pretax Inc/Net Sales | -0.82 | Interest Coverage Ratio | -0.61 | | Net Inc/Net Sales | -0.80 | Curr Debt/Equity | 0.24 | | Cash Flow/Net Sales | -0.09 | LTD/Equity | 7.37 | | SG&A/NetSales | 0.04 | Total Debt/Equity | 7.61 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 3.43 | Quick Ratio | 0.75 | | Inventory Turnover | NA | Current Ratio | 0.75 | | Inventory Day Sales | NA | Net Rec/Curr Assets | 0.32 | | Net Sales/Work Cap | -4.13 | Inv/Curr Assets | NA | | Net Sales/PP&E | 0.15 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
170.14
|
172.88
|
166.50
|
141.75
|
|
Cost of Goods Sold
|
27.71
|
42.83
|
50.91
|
58.05
|
|
Selling & Admin Exps
|
12.54
|
10.17
|
9.74
|
15.98
|
|
Operating Income
|
45.69
|
-5.02
|
21.61
|
-50.42
|
|
Interest Exp
|
77.36
|
97.04
|
75.49
|
75.99
|
|
Pretax Income
|
55.10
|
-65.00
|
-104.08
|
-160.67
|
|
Other Income
|
86.76
|
37.07
|
-50.21
|
-34.26
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
1.14
|
-50.22
|
-119.55
|
-136.89
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
184.84
|
223.31
|
215.90
|
184.97
|
|
Receivables - Total
|
95.91
|
74.17
|
107.25
|
100.93
|
|
Inventories - Total
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Assets
|
317.87
|
307.36
|
345.35
|
313.99
|
|
Net Property, Plant & Equipment
|
3,025.01
|
2,923.78
|
2,910.30
|
2,904.64
|
|
Total Assets
|
3,431.16
|
3,299.69
|
3,327.08
|
3,290.10
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
303.12
|
236.85
|
273.53
|
230.70
|
|
Debt in Current Liabilities
|
60.64
|
52.90
|
81.87
|
59.52
|
|
Total Current Liabilities
|
578.03
|
451.02
|
498.70
|
420.13
|
|
Long-Term Debt
|
1,983.70
|
1,946.59
|
1,952.98
|
1,857.78
|
|
Total Liabilities
|
3,119.64
|
2,975.01
|
3,043.78
|
2,897.27
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
224.58
|
224.58
|
140.00
|
140.00
|
|
Common Stock
|
0.05
|
0.05
|
0.05
|
0.05
|
|
Retained Earnings
|
-526.59
|
-527.72
|
-473.66
|
-356.87
|
|
Treasury Stock
|
-0.91
|
-0.91
|
-0.91
|
-0.91
|
|
Total Stockholders' Equity
|
127.96
|
141.10
|
142.45
|
251.99
|
|
Total Liabilities and Stockholders' Equity
|
3,247.60
|
3,116.11
|
3,186.23
|
3,149.25
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
86.34
|
-43.89
|
86.18
|
-39.67
|
|
Net Cash Provided by Investing Activities
|
-117.23
|
-77.21
|
-99.15
|
-112.40
|
|
Net Cash Provided by Financing Activities
|
17.44
|
124.62
|
39.68
|
100.22
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 419.82 | 6.88 | -1.33 | | 12/2007 | 607.93 | 48.62 | 1.55 | | 12/2008 | 618.03 | 121.70 | 3.39 | | 12/2009 | 312.15 | -51.82 | -1.24 | | 12/2010 | 438.00 | -348.80 | -6.88 | | Growth Rates | 1.07 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 130 | 28,050 | 54.34 |
|
Report Date :
1/30/2012
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