The Globe and Mail reports in its Wednesday, April 10, edition that BMO Nesbitt Burns analyst Jeremy McCrea has reinstated coverage on Kiwetinohk Energy with an "outperform" rating and $17 share target. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $18.25. Mr. McCrea says in a note: "Kiwetinohk was one of the first companies to recognize investor appetite for a renewable business division in 2021. Unfortunately, sentiment quickly changed as industry economics and Alberta regulation became uncertain, weighing on Kiwetinohk Energy's share price and valuation. However, behind the scenes, the company has studiously put together a Duvernay land position, where recent results rank among the top in the formation. With capital shifting almost entirely back to oil and gas development, we think this large pivot to growth should bring back interest into Kiwetinohk." The Globe reported on Jan. 11 that analysts at National Bank Financial continued to rate Kiwetinohk Energy "outperform." The shares could then be had for $11.26.