Investing
Loeb's Third Point LLC Discloses 8.1% Passive Stake in ATP Oil & Gas (ATPG)
Published:
From 13D Tracker
In a 13G filing after the close on ATP Oil & Gas Corp. (Nasdaq: ATPG), Dan Loeb’s Third Point LLC disclosed an 8.1% stake (2.45 million shares) in the company. The firm did not show a stake in ATPG for the quarter ended December 31, 2006.
While the 13G filing indicates a passive stake, Loeb is a known activist investor.
ATP Oil & Gas is an international offshore oil and gas development and production company with operations in the Gulf of Mexico and the North Sea.
Shares of ATP Oil & Gas are up 6% in early trading.
http://13dtracker.blogspot.com/
The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
