ATP Oil & Gas Shares Up 7.6% (ATPG)

Despite missing consensus estimates, shares of Houston, Texas based independent oil and natural gas company ATP Oil & Gas Corporation ATPG are trading up 7.6% at $16.26 per share during the Monday afternoon trading session. The day's trading range for shares of ATP Oil & Gas Corporation has been between $15.20 and $16.48 per share. Analysts covering the company's stock give it a consensus price target of $14.56 per share. Volume of 4.1 million shares is already far above the daily average volume of 2.7 million shares. ATP Oil & Gas Corporation (ATPG) announced on Monday morning that it missed consensus Wall Street expectations. ATP Oil & Gas Corporation announced that its 3rd quarter net loss per share widened to $1.15, on revenue of $101.12 million. According to a survey of analysts by Thomson Reuters, the average Wall Street estimate called for a loss of 58 cents per share, on revenue of $121.4 million. Read more from Benzinga's Company news.