Eagle & Beagle for Sept. 9

Eagle & Beagle for Sept. 9
by Don Mecoy Modified: September 7, 2012 at 9:42 pm •  Published: September 9, 2012
Advertisement
;

Eagle & Beagle

Eagle

It's a debut appearance in this column for this week's eagle.

Units of Compressco Partners LP, an Oklahoma City-based provider of wellhead compression equipment, jumped 8 percent last week to close Friday at $17.29. In the past month, GSJK has added nearly $4.

The units are trading near the 52-week high of $18.35, which was set last spring.

The partnership has been profitable, topping analysts' estimates for revenue and earnings per share in the most recent quarter.

A few company insiders also have been accumulating the stock, which generally bodes well for the future price.

Beagle

A big dip in earnings often leads to a big dip in stock prices.

That's what happened to this week's beagle, Tulsa-based Matrix Service Co. Traders pushed the stock price down 10 percent after the company reported Wednesday that fourth-quarter income fell to $1.8 million from $5.7 million in the same period last year.

Continue reading this story on the...

by Don Mecoy
Business Editor
Business Editor Don Mecoy has covered business news for more than a decade after earlier working on The Oklahoman's city, state and metro news desks, including a stint as city editor. He has won state and regional journalism awards for business,...
+ show more


Trending Now


AROUND THE WEB

  1. 1
    VIDEO: FSU's Jameis Winston sent to locker room by Jimbo Fisher after dressing out for Clemson game
  2. 2
    Big 12 football: K-State's Snyder among nation's most underrated coaches in ESPN poll
  3. 3
    Texas A&M fan wearing what appears to be a chain mail jersey
  4. 4
    Satanic black mass seeks to free people from influence of God, organizer says
  5. 5
    Owasso beats Jenks for first time since 1993; Union rolls past BA
+ show more