ATP Oil and Gas (ATPG) is set to announce earnings next week, Tuesday May 10. More importantly, the short-term future for investors will depend on what is discussed on the conference call. ATP is a small-cap, Gulf of Mexico dependent oil development company that has struggled to fund its aggressive expansion plans. Taking on high cost, low risk projects, historically using leverage as the funding mechanism, ATPG should be on the verge of finally breaking out of its two year funk.
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