The Globe and Mail reports in its Wednesday, Feb. 4, edition that National Bank analysts Dan Payne and Travis Wood expect momentum for gas companies will continue into early 2026, though there may be challenges ahead due to the significant price volatility seen over the past few weeks. The Globe's David Leeder writes that Mr. Payne and Mr. Wood continue to rate Whitecap Resources "outperform." They gave their share target a $1 boost to $16. Analysts on average target the shares at $14.49. Mr. Payne and Mr. Wood note the "relatively stronger" sequential momentum for gas-oriented names, pointing to a recovery in gas prices last quarter "driven by robust demand." Mr. Payne and Mr. Wood say in a note: "On the liquids side, the sequentially weaker cash flow per share is primarily driven by WTI prices slipping on account of fears related to an oil glut. While we continue to believe that no tangible signs of oversupply have emerged so far, we expect volatility to persist through 1H26 given the level of geopolitical and macroeconomic uncertainty. In addition, we note that FX has put some downward pressure on estimates over the next couple of quarters, as a stronger Canadian dollar is impacting overall top-line revenue."