Performance and Cocktails is the second studio album by Welsh rock band Stereophonics. It was released by V2 on 8 March 1999. The name of the album comes from lyrics in the album's first song, "Roll Up and Shine", just like the previous album's name, Word Gets Around came from lyrics in that album's final song.

Stereophonics are a Welsh rock band formed in 1992 in the village of Cwmaman in the Cynon Valley, Wales. The band consists of Kelly Jones, Richard Jones, Adam Zindani, Jamie Morrison and touring member Tony Kirkham (keyboards). The group previously included Stuart Cable (1992–2003) and then Javier Weyler (2004–2012) on drums. Stereophonics have released twelve studio albums, including eight UK number one albums. A successful compilation album, Decade in the Sun, was released in November 2008 and charted at number two on the UK Album Chart.