-- 独立研究机构CFRA向提供了以下研究报告。CFRA分析师的观点总结如下：我们将目标股价上调3加元至18加元，市盈率为6.0倍（基于2027年EBITDA）。由于WCP规模扩大、净收益改善、蒙特尼地区油气生产商需求增加，以及当前地缘政治环境下油气生产商的整体前景，我们将市盈率从4.5倍上调。同时，我们将2026年每股收益预期从1.00加元上调至1.24加元，并将2027年每股收益预期从1.12加元下调至1.00加元。尽管伊朗战争和原油价格上涨占据了新闻头条，但WCP的运营表现依然完美无瑕。原油价格持续高企带来的显而易见的益处将继续通过资金流动、去杠杆化和股票回购等方式惠及WCP。管理层将2026财年全年产量预期上调7,500桶油当量/日至378,000-382,000桶油当量/日，同时维持20亿-21亿加元的资本预算，这有望在2026财年带来超过20亿加元的自由现金流。目前股价处于历史高位。然而，我们认为其估值仍然合理，并认为在我们覆盖的中型运营公司中，WCP是表现最佳的公司，尤其是在ARX上市后，该板块的关注度有所提升。
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