Eagle & Beagle
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.
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...