The Globe and Mail reports in its Wednesday, May 27, edition that RBC Dominion Securities analyst Michael Harvey has reaffirmed his "outperform" recommendation for Whitecap Resources. The Globe's David Leeder writes in the Eye On Equities column that Mr. Harvey gave his share target a $2 boost to $20. Analysts on average target the shares at $18.45. Mr. Harvey says in a note: "The Veren combination transformed Whitecap into Canada's fifth-largest producer, but it's what's happened since that point in time which deserves attention: record production and guidance upgrades funded within existing budgets. In our minds continuing to execute in a drama-free manner should position Whitecap as a key mid-cap stock in the minds of investors. ... Near-term growth will be driven primarily by the company's Montney development program. Lator Phase 1 is expected to come online in Q4/26 with nameplate capacity of 35,000–40,000 barrels of oil equivalent per day (40–50-per-cent liquids). ... Whitecap's total yield and liquids yield against Alberta Montney peers generally [paints] a favourable picture and reflecting a thoughtful, methodical development strategy."