Our eagle is preparing to take flight, although it likely will be flying business class.
Shares of Compressco Partners, an Oklahoma City firm that makes equipment to help oil and natural gas companies boost production, rose 7.8 percent last week. GSJK (the ticker plays off the company's key product, called Gas Jack) closed Friday at $20.51.
The firm recently created a presentation that it apparently intends to take on the road. The presentation is aimed at “current and potential investors, lenders, creditors, insurers, vendors, customers, employees and others with an interest in the Partnership and its business,” Compressco said in a regulator filing.
Those already invested in Compressco may figure that the more folks know about the business, the more they'll want to buy GSJK.
During our energy team's chat on NewsOK.com last week, someone asked what was our reporters' opinion on Syntroleum Corp.
The query was a bit of a surprise because questions tend to focus almost exclusively on the state's energy giants — Devon, Continental and the like.
Paul Monies responded that something always seems to prevent the Tulsa company from turning the corner on its efforts to commercialize its unique process for producing synthetic fuels.
Traders apparently don't see the company approaching that corner anytime soon. SYNM shares slid 15.6 percent last week, which came on the heels of a 10.8 percent decline the previous week.
On Thursday, Syntroleum shares set a new 52-week low of $2.52.