Share “Don Mecoy's Eagle & Beagle, Sept. 2”

Don Mecoy's Eagle & Beagle, Sept. 2

Don Mecoy's Eagle & Beagle, Sept. 2
by Don Mecoy Published: September 2, 2012
Advertisement

Early last month, the Oklahoma City firm reported a net second-quarter loss of $18.5 million, compared with a profit of $7.5 million in the year-ago quarter. Revenues slipped 50 percent, mirroring a drop in the company's realized natural gas price.

PostRock is producing more oil, but that asset still accounts for a small percentage of the company's total production.

While nowhere near the highs of more than $4 set last winter, PSTR is trading off the lows of earlier this summer.

Eagle & Beagle is a weekly look at the state's high-performing (eagle) and low-performing (beagle) stocks by Business Writer Don Mecoy.

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


AROUND THE WEB

  1. 1
    Man disguised as armored truck driver steals more than $75,000 from Bristow Wal-Mart
  2. 2
    Poll: 70 percent of Americans believe news media is intentionally biased | WashingtonExaminer.com
  3. 3
    Oklahoma State's Jawun Evans, U.S. U-19 team roll past Italy into FIBA World Championship semifinals
  4. 4
    Report: Dallas Mavericks agree to deal with center DeAndre Jordan
  5. 5
    Bubba Watson to paint over Confederate flag on General Lee
+ show more