Tenaz Energy Corp. (TNZ:CA) — National Bank maintained its Outperform rating and raised its price target to C$100.00 from C$91.00. The target change represents a 9.9% increase. Tenaz’s operating portfolio includes Dutch North Sea natural-gas assets, making offshore production and acquisition integration important to its growth strategy. Looking ahead, investors will be watching whether operational reliability and integration generate cash flow, with European gas prices, financing and offshore decommissioning obligations influencing risk and returns.

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