Angle Energy Inc | StockChase
29
Angle Energy Inc (NGL-T (Dead))

Last Price Recorded: $3.6200 on 2013-12-17

ON STOCKCHASE SINCE Jan 2009

Acquired by Bellatrix (Dec 2013)

oil/gas

Angle Energy Inc


Signal Opinion Expert

2013-12-06

PAST TOP PICK
Angle Energy Inc (NGL-T (Dead))

(A Top Pick Sept 11/12. Down 14.08%.) Angle Energy has decided to sell the company and have a takeover bid. She is disappointed that they decided to sell so early. Believes there would’ve been a much higher price in the future had the company been patient. Good management team.

oil/gas
Joanne A. Hruska, CFA

Vice President, Portfolio Management, Aston Hill Financial

Price: $3.550
Owned: Yes

2013-08-09

DON'T BUY
Angle Energy Inc (NGL-T (Dead))

During the 2nd quarter, it was revealed that they were going to be dropping their guidance because volumes are going down. Decline rate is relatively high. Have fairly leveraged balance sheet with 2.5X debt to cash flow.

oil/gas
Martin Davies

Portfolio Manager, Brickburn Asset Management

Price: $2.840
Owned: Unknown

2013-07-30

DON'T BUY
Angle Energy Inc (NGL-T (Dead))

There is a record amount of product in the market. Unless a company has a really fantastic asset that is better than what the buyer is purchasing, the likelihood of a very high bid is very low. This company’s drilling has really struggled over the last couple of years and management has over promoted certain plays that have not come to fruition for several years.

oil/gas
Eric Nuttall

Portfolio Manager, Sprott Assett Management

Price: $3.070
Owned: Unknown

2013-05-14

PAST TOP PICK
Angle Energy Inc (NGL-T (Dead))

(Down 18.38%) She is still holding. She believes it is a great resource and has bought more. Feels it will come back.

oil/gas
Joanne A. Hruska, CFA

Vice President, Portfolio Management, Aston Hill Financial

Price: $3.590
Owned: Unknown

2013-03-01

PAST TOP PICK
Angle Energy Inc (NGL-T (Dead))

(A Top Pick March 22/12. Down 53.77%.) Very capable management. NAV is well over $6. Too cheap down here.

oil/gas
Irwin Michael, B.Com, MBA

Portfolio Manager, ABC Funds

Price: $2.670
Owned: Yes

2013-02-11

DON'T BUY
Angle Energy Inc (NGL-T (Dead))

Has been cheap on NAV for years and stock has been a bit of a disaster. Largely a result of them missing on several key plays. Lost traction with the street and there are no brokerage firms that are really supporting the stock. Also, a victim of a decrease in natural gas liquids pricing. They have lower valued NGLs, which has impacted their revenue stream.

oil/gas
Eric Nuttall

Portfolio Manager, Sprott Assett Management

Price: $2.800
Owned: No

2013-01-15

BUY
Angle Energy Inc (NGL-T (Dead))

Recently disposed of some non-core assets and paid down some debt. Attractive. Had a pretty good last quarter. Good little name.

oil/gas
John Stephenson

President & CEO, Stephenson & Company Capital Management

Price: $2.960
Owned: No

2013-01-09

DON'T BUY
Angle Energy Inc (NGL-T (Dead))

(Market Call Minute.) Would stay away. Looks like they are spending more to produce less. They’ll have to sell the company at some point.

oil/gas
Eric Nuttall

Portfolio Manager, Sprott Assett Management

Price: $3.550
Owned: No

2012-09-19

BUY
Angle Energy Inc (NGL-T (Dead))

Liquids rich gas play. Was challenged earlier this year because  a lot of their liquids are not oil. Had some good results from their key Cardium play. Still pretty cheap at 4.2-4.3 times cash flow on a 2013 basis. Expects that $4 is fair value.

oil/gas
Eric Nuttall

Portfolio Manager, Sprott Assett Management

Price: $4.110
Owned: Yes

2012-09-11

TOP PICK
Angle Energy Inc (NGL-T (Dead))

Smaller cap name but have really grown a lot through the drill bit with over 15,000 barrels a day of production. Strong management. Both 50% liquids and 50% gas so they still have a bit of a sour taste in the market but they are really moving towards more liquids.

oil/gas
Joanne A. Hruska, CFA

Vice President, Portfolio Management, Aston Hill Financial

Price: $4.190
Owned: Yes

2012-06-22

BUY
Angle Energy Inc (NGL-T (Dead))
Likes Legacy (LEG-T), Angle (NGL-T) and Renegade (RPL-X). They’ve all been hammered in this market because of the rush to create liquidity in portfolios and concerns that oil has broken through the $80 level. This one has been a little disappointing but is very well run. Fundamentally cheap and well under NAV. Could eventually be a takeover candidate.
oil/gas
Irwin Michael, B.Com, MBA

Portfolio Manager, ABC Funds

Price: $3.150
Owned: Yes

2012-05-16

HOLD
Angle Energy Inc (NGL-T (Dead))
Pretty well run company. Management has been mildly guilty of promoting a play and then results didn't exactly pan out how expected. Their current play is a very liquids rich special oil play in the Cardium seems to be performing very well with very good economics.
oil/gas
Eric Nuttall

Portfolio Manager, Sprott Assett Management

Price: $4.310
Owned: No

2012-04-16

PAST TOP PICK
Angle Energy Inc (NGL-T (Dead))
(A Top Pick March 25/11. Down 51.19%.) Used a stop loss and ended up with a 4.9% loss in August.
oil/gas
Hap (Robert) Sneddon FCSI

Chief Portfolio Manager & Founder, Castlemoore Inc.

Price: $4.650
Owned: No

2012-03-29

WATCH
Angle Energy Inc (NGL-T (Dead))
Used to own and would revisit on a really durable recovery in natural gas. Weighted about 50-50 natural gas liquids to natural gas. About 17,000 BOE's. Very well-run and excellent track record of exploration and development.
oil/gas
Mason Granger

Portfolio Manager, Sentry Investments

Price: $5.600
Owned: No

2012-03-23

WEAK BUY
Angle Energy Inc (NGL-T (Dead))
Always chatter that Pen growth would buy them. Thinks they are an ok stock to own. Thinks they have increased risk because of liquidity. Thinks it will be a plodder here.
oil/gas
Robert Lauzon

Deputy Chief Investment Officer, Middlefield Capital Corporation

Price: $6.000
Owned: Unknown

Showing 1 to 15 of 29 entries
<< < 1 2 > >>

No Comments.


You must be logged in to comment.