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Eagle & Beagle, April 14

Eagle & Beagle, April 14
by Don Mecoy Modified: April 12, 2013 at 11:18 pm •  Published: April 14, 2013
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Eagle & Beagle

Eagle

This week's eagle is a relative newcomer to the universe of Oklahoma stocks.

Compressco Partners began trading on the Nasdaq Stock Market in June 2011 under the ticker symbol GSJK. That ticker symbol is drawn from a key Compressco product, the GasJack compressor the firm uses to boost production from natural gas wells.

GSJK shares jumped 15 percent last week to close Friday at $23.02.

Traders likely noticed that the company recently borrowed under its credit facility to expand its fleet of compressor units in the United States and Canada. The Oklahoma City company said the move was a response to increased demand for its oil and natural gas production enhancement services.

And that's likely why the stock price is at an all-time high.

Beagle

The good news is that none of our state-based stocks suffered a particularly bad week.

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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,...
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