Our eagle has attracted a lot interest lately.
Shares of Laredo Petroleum Holdings Inc., a Tulsa-based oil and natural gas firm, registered a solid 7.5 percent gain last week. The stock closed Friday at $25.30, less than $1 away from the 52-week high set earlier this month.
Trading volume for LPI has been robust of late. Volume has exceeded the stock's daily average of about 1 million shares every day for the past couple of weeks, all coming on the heels of the company's public issue of 16 million shares priced at $23.75.
Laredo said it would use the proceeds of that offering to accelerate its capital program and to fund its planned exploration program.
The move certainly seems to have accelerated the stock price a bit.
This week's beagle has been a bit volatile recently.
Shares of Syntroleum Corp., a Tulsa-based firm seeking to commercialize its process of synthesizing fuel, sank 13.6 percent last week.
In the past month, SYNM stock has gained up to 12 percent and fallen as much as 14 percent in a one-week period.
The company, which is working through a long and costly development process, is a speculative investment and the stock is relatively cheap. That combination creates a chart full of hiccups.
For those who have followed the company for a while, the bouncing and dipping is just part of the ride.
Eagle & Beagle is a weekly look at the state's high-performing (eagle) and low-performing (beagle) stocks by Business Editor Don Mecoy.