The Globe and Mail reports in its Friday, Jan. 9, edition that National Bank Financial analysts Dan Payne and Travis Wood continue to rate Whitecap Resources "outperform," with an unchanged $15 share target. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $13.83. The National Bank analysts say in a note: "[Whitecap] remains a top investment idea for 2026 where our thesis remains centred on continued execution out of its high impact Duvernay and Montney portfolio, supported by stable production and FCF out of the eastern assets. Valuation in our view is the opportunity for investors to capture alpha in 2026 with Whitecap trading at a 28-per-cent discount to its historical average (10-year average) and a 3-per-cent discount to its peers. We continue to flag the dividend as sustainable on a payout basis with just 26 per cent of CF in 2026 required to fund the dividend, leaving $440-million of FCF to fund what we think will be an increased pace for the buyback given intrinsic value within the name today. Other operational drivers worth noting is the expected growth out of its Montney portfolio where the company will bring on-stream low capital efficient volumes."