The Globe and Mail reports in its Friday, Oct. 30, edition that Canaccord Genuity analyst Mike Mueller has reaffirmed his "buy" recommendation for Whitecap Resources. The Globe's David Leeder writes that Mr. Mueller gave his share target a 50-cent boost to $23.50. Analysts on average target the shares at $22.30. Mr. Mueller says in a note: "After market on Wednesday, Whitecap Resources reported Q3/26 results, provided updated guidance, and announced an increase to its dividend. Production averaged 390,720 boe/d [barrels of oil equivalent per day] last quarter, above our 378,764 boe/d estimate and the Street at 378,074 boe/d. CFPS of 96 cents also came in ahead of expectations of 92 cents (Canaccord Genuity estimate) and 90 cents (consensus). Spending $533-million in the quarter (CGe $600-million), Whitecap exited the quarter with net debt of $2.1-billion (0.5 times D/CF, trailing 12 months). The Globe reported on April 26, 2024, and Oct. 10, 2024, that Mr. Mueller had reaffirmed his "buy" call for Whitecap when it was worth $10.87 and $10.41. The Globe reported on Oct. 21, 2026, that National Bank Financial analysts Dan Payne and Travis Wood rated Whitecap Resources "outperform." The shares could then be had for $20.10.