Angle Energy Inc ANGZF

"You Should Put NGL on Your Buying Radar"

[uwinsome]

This article is a couple of months old that I just dug up. The most interesting part about it is about NGL's Duvernay land holdings. Here are the more important parts of the article: "Angle's net asset value is calculated to be approximately $5.70 per diluted share, based on the current net debt. Moreover, Angle's enterprise value stands at $481 million." "Angle owns ~70,000 net acres in the Duvernay formation, which are approximate to Encana's Duvernay acreage. In late 2012, PetroChina gained a 49.9% interest in Encana's 445,000 acres in the Duvernay play for total consideration of $2.18 billion. Apparently, this might be the ace up Angle's sleeve, helping the company grow further in the future." "Technically, Angle is a laggard. Fundamentally, Angle has a number of tools to meet its objective and unlock its underlying value. When it does so and its valuation reflects its fundamentals better, the investors will be rewarded very handsomely." The Full Article link is here: https://beta.fool.com/traderinvestor70/2013/07/22/here-is-why-you-should-put-this-energy-producer-on/40898/