The Globe and Mail reports in its Friday, Sept. 11, edition that TD Cowen analyst Aaron Bilkoski has reaffirmed his "buy" recommendation for Whitecap Resources. The Globe's David Leeder writes that Mr. Bilkoski gave his share target a $3 boost to $21. Analysts on average target the shares at $20.15. Mr. Bilkoski says in a note: "We believe there is underappreciated upside to Whitecap's equity value given a strong chance that TD Cowen/consensus expectations are too conservative based on the company's long history of beats/raises. While valuation on the surface remains relatively attractive, we think Whitecap trades at a material discount to peers if some or all of this potential upside to volumes and CF is realized through 2027. Whitecap has achieved repeatable operating outperformance, which is increasingly translating into capital-allocation flexibility that is not fully reflected in the stock. Whitecap has repeatedly delivered more production with less capital and raised guidance. Looking into 2027E, its scale, deep multi-basin inventory, low leverage and substantial FCF support a compelling mix of share buybacks and a sustainable dividend while offering potential underappreciated growth optionality."