Eagle and Beagle: Oklahoma's best and worst stock

Business Writer Don Mecoy writes about the best- and worst-performing Oklahoma stocks for the week.

 
No Author Published: November 18, 2012    Comment on this article Leave a comment

Eagle & Beagle

Eagle

It's been a tough few weeks for Wall Street.

Advertisement

Stocks have been sluggish, with the Dow finishing last week in negative territory for the fourth consecutive week. Both the Dow and Nasdaq, despite a good Friday, slipped 1.8 percent last week, with the S&P 500 down nearly as much.

That makes our eagle even more flight-worthy. Helmerich & Payne, a Tulsa-based contract oil and natural gas driller, posted record fourth-quarter and annual earnings, which prompted traders to push the stock price higher.

By week's end, HP shares gained 8.7 percent to close Friday at $49.92.

In a week with few standout stocks, HP was the clear winner among Oklahoma stocks.

Beagle

Unfortunately, there were plenty of potential beagles to choose from this week.

Page 1 of 2




If you prefer your thoughts to appear in The Oklahoman's Opinion section, we encourage you to submit a letter to the editor.


Mortgage Rates Hit 2.50%
If you owe under $729k you may qualify for 2.90% APR Govt Refi Plans.
www.SeeRefinanceRates.com
New Rule in OKLAHOMA:
(APR 2013): If You Pay For Car Insurance You Better Read This...
www.ConsumerFinanceDaily.com

Business Photo Galleriesview all

Smiley face
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...