The Globe and Mail reports in its Friday, Nov. 17, edition that Stifel analyst Michael Dunn rates Kiwetinohk Energy "buy" in new coverage. The Globe's David Leeder writes that Mr. Dunn set a share target of $18. Analysts on average target the shares at $19.58. Mr. Dunn touts Kiwetinohk Energy's "unique" business model. Mr. Dunn thinks Kiwetinohk Energy should "appeal to investors with a nearer term time horizon given its low equity valuation and suite of power projects that should ultimately deliver even more value to shareholders as they become FID [final investment decision] ready and gain partners." Mr. Dunn says in a note: "Kiwetinohk offers exposure to both a high growth E&P business fostered by its Duvernay and Montney resource that is supported by significant spare infrastructure capacity, and a power generation business that appears on the cusp of turning proposed projects into sanctioned, self-financed projects. The company was targeting a production growth CAGR [compound annual growth] of more than 30 per cent for the three year period 2023-2025, albeit is contemplating reproducing similar per share growth via slightly lower organic growth and share repurchases, given its low equity valuation."