The Globe and Mail reports in its Friday, May 8, edition that National Bank Financial analyst Travis Wood is sticking with his "outperform" recommendation for Vermilion Energy. The Globe's David Leeder writes in the Eye On Equities column that Mr. Wood gave his share target a $3 trim to $27. Analysts on average target the shares at $18.14. Mr. Wood says in a note: "In Canada, Vermilion Energy continues to underscore strong results unlocked by efficiencies that the team continues to identify and harvest, following the portfolio repositioning over recent quarters and a consistent drilling program. Both Deep Basin and Montney assets are delivering strong results, with management highlighting further DCET cost reductions from Montney wells and recently brought-on-production Deep Basin wells ranking among the most prolific in the area during the last quarter, providing confidence in achieving production targets throughout the year. We maintain our 'outperform' rating. However, we are revising our target price to $27 as a result of changes to our cash flow estimates." The Globe reported on Feb. 4 that Mr. Wood had rated Vermilion Energy "outperform." The shares could then be had for $13.65.