Ea­gle

The Oklahoman (Sunday) - - BUSINESS - Don Me­coy dme­coy@ op­ubco.com

There's a rea­son I gen­er­ally re­fer to our ea­gle as the best-per­form­ing stock, rather than the biggest gainer. Last week was the rea­son.

For what may be the first time ever, and cer­tainly since the Great Re­ces­sion of a decade ago, no stock of an Ok­la­homa-based com­pany rose in price last week.

The top per­former — our ea­gle — was Ok­la­homa City-based Sonic Corp., the pur­veyor of the Sooner State's fa­vorite thirst-quencher, the cherry limeade.

SONC shares slipped just 1.06 per­cent last week, clos­ing Fri­day at $24.37. That's as good as it got around here.

And at the end of a week in which Wall Street tilted crazily in one di­rec­tion and then the other, it might be a good idea to visit one of our ea­gle's many lo­cal lo­ca­tions and en­joy some­thing sweet.

Prob­a­bly a bet­ter idea than head­ing on­line to check your re­tire­ment ac­count again.

Bea­gle

Boy, that es­ca­lated quickly.

The stock mar­ket last week plum­meted and sort of re­cov­ered and then sank and, well, you know.

Our un­for­tu­nate bea­gle is­sued earn­ings on

Fri­day, and al­ready surly traders didn't like what they heard. Tulsa-based NGL Part­ners re­ported a quar­terly profit, but only a big as­set sale pre­vented the com­pany's bot­tom line from slip­ping into the red.

Stock in NGL on Fri­day was the sec­ond-worst per­former on the New York Stock Ex­change.

The units fell 17.5 per­cent on Fri­day to fin­ish the week with a 19 per­cent de­cline.

NGL units closed

Fri­day at $12.75.

To quote an­other movie: "Af­ter all, to­mor­row is an­other day."

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

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