Goldman Sachs on Tuesday increased the price target for tollgate operator Salik (DFM:SALIK) to 6.80 Emirati dirhams from 6.20 dirhams and affirmed its buy rating.
(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Price: $24.78, Change: $+0.90, Percent Change: +3.77%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:POU reported Q1 2026 production of 48,255 Boe/d, up 3% from Q4 2025, with net income of CAD53.2M (CAD0.36/share) versus a Q4 2025 loss of CAD1.9M and adjusted funds flow rising to CAD143.4M from CAD140.1M. Netback expanded 22% to CAD35.22/Boe, lifted by higher commodity realizations, while the 16 Duvernay wells at Alhambra delivered strong 150-day peak production averaging 1,276 Boe/d per well. Management raised 2026 production guidance to 48k-52k Boe/d from 46k-51k Boe/d and reduced capex guidance by CAD50M to CAD1B-CAD1.1B. The Alhambra phase 2 expansion is substantially complete, with June 2026 start-up one month ahead of schedule. We believe the combination of the production guidance raise, netback expansion, and earlier Alhambra phase 2 timing is constructive, with Willesden Green plateau potential increased 40% to 70k Boe/d sustainable for over 20 years and 2027 exit production exceeding 100k Boe/d as Sinclair Montney development comes onstream.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Sea Limited's (Sea) Q1 2026 EPADS of USD0.67 (+3.1% Y/Y) met our expectation. Total revenue grew 47% Y/Y, driven by strong momentum across all core segments. While the adjusted EBITDA margin eased 5ppt Y/Y amid continued investments across Shopee and Monee, overall adjusted EBITDA still increased 9% Y/Y. Shopee's revenue rose 45% Y/Y, accelerating from Q4 2025's 36% growth, supported by GMV growth of 30% Y/Y and improved monetization, with transaction-based fees and advertising revenue up 61% Y/Y. Shopee's adjusted EBITDA declined 16% Y/Y due to investments in logistics and user experience. Management reiterated confidence in achieving around 25% GMV growth in 2026 while maintaining Shopee's adjusted EBITDA at no lower than 2025 levels. Monee's revenue grew 58% Y/Y, supported by 71% growth in loans outstanding, while asset quality remained stable with the NPL ratio steady Q/Q at 1.1%. Garena's revenue and bookings increased 41% and 20% Y/Y, respectively, while adjusted EBITDA rose 25% Y/Y.