ATB Ahead of fourth-quarter earnings season for Canadian small and mid-cap energy companies, ATB Capital Markets analyst Amir Arif trimmed his estimates across the sector to reflect a reduced outlook for oil prices.
That led him to lower his target prices for 10 of the 12 companies in his coverage universe.
Crescent Point Energy Corp. (“outperform”) to $12 from $13. Average: $13.65.