Angle Energy Inc. (
TSX: T.NGL,
Stock Forum) shares eased 1.4% to $3.45 Friday after the company said it has launched a review of strategic alternatives to boost shareholder value.
The oil and gas
company said in a press release its options include a sale or merger.
At current trading levels, Angle has a market cap of $279.6 million, based on 81 million shares outstanding. The 52-week range is $4.43 and $2.45.