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

It didn't help that one analyst downgraded MTRX shares from a “buy” to a “hold” rating. The stock closed the week at $10.50.

However, CEO John R. Hewitt noted that the company, which mainly provides construction and maintenance services to the energy industry, has six consecutive quarters of growth in its bookings and expects its earnings for the current fiscal year to be between 83 cents and 98 cents per share.

Meanwhile, the company continues to work on a new strategic plan, which includes a new branding.

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

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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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