Share “Eagle & Beagle for Sunday, July 27, 2014”

Eagle & Beagle for Sunday, July 27, 2014

Don Mecoy: Eagle and Beagle is a weekly look at Oklahoma companies’ high-performing (eagle) and low-performing (beagle) stocks.
by Don Mecoy Published: July 27, 2014
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Stocks

Eagle

Our eagle is on a long upward flight.

The gain in altitude hasn’t been dramatic, but it has been sustained.

Units of New Source Energy Partners LP rose 9.4 percent last week to close at $27.66. NSPL set a new 52-week high north of $28 on Thursday.

The Oklahoma City developer of oil and natural gas assets has posted eight straight weeks of price advances.

The firm recently boosted its distribution to its unit holders. Last month, it acquired some new service resources.

And it never hurts to have the Motley Fool website post a story about your firm titled “These Are the 2 Best Oil and Gas MLPs in America.”

Beagle

Our beagle got punished for taking down a bigger dog.

Compressco Partners LP, which helps oil and gas producers boost production, last week announced a planned $825 million purchase of Midland, Texas-based Compressor Systems Inc. to help it expand the Oklahoma City company quickly throughout the region. The purchase is expected to propel Compressco to No. 4 in its market, up from No. 10, CEO Ronald Foster said.

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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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