Whitecap Resources Inc. (WCP:CA) — National Bank maintained its Outperform rating and raised its price target to C$27.00 from C$26.00. The target change represents a 3.8% increase. Whitecap reported record second-quarter results and increased production guidance, citing stronger commodity prices and cost reductions. Looking ahead, investors will be watching whether capital efficiency sustains free cash flow as production grows, with oil and gas prices, debt reduction and dividend coverage shaping shareholder returns.
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