Eagle & Beagle

Don Mecoy: A weekly look at Oklahoma stocks.
by Don Mecoy Published: July 21, 2013
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Eagle & Beagle

Eagle

Regular readers may remember this week's eagle from its recent appearance here less than a month ago.

We noted that some major holders of Tulsa's Apco Oil & Gas International had been selling, driving the stock price down. But the stock had begun to bounce back, and trading volume was growing.

This week, APAGF shares registered a big bounce, soaring 22 percent to close Friday at $16.73. The shares haven't traded that high in nearly 10 months.

On Tuesday, more than 400,000 shares traded — about 12 times the average daily volume — as the stock price rose. Someone is bullish on Apco.

Incidentally, this week's eagle runner-up was no slouch, either. SandRidge Energy posted a 16 percent gain last week.

Beagle

There wasn't a lot of downside suffering for shareholders of Oklahoma's publicly traded companies last week.


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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