Canadian brokerage firm Canaccord Genuity maintained its SPECULATIVE BUY rating and C$1.65 target share price for exploration and production company Canacol Energy Ltd. (CNE:TSX).

Investment bank Cannacord Genuity recently upgraded oil and gas company Trinidad Drilling (TDG:TSX) to a BUY rating and maintained its target share price of C$11.25.

Canadian brokerage firm Canaccord Genuity recently released a report maintaining its BUY recommendation and C$6.25 target share price for oil and gas company Pinecrest Energy (PRY:TSXV).

Penn West (PWT:TSX) recently held its analyst day in Calgary, but research firm Macquarie Equities Research's Outperform rating and target share price for the company were unaffected by the event.

A recent ruling on the Marcellus shale could bring the legality of thousands of oil leases into question.

Financial services firm Dundee Securities recently reiterated its Neutral rating and C$2.40 target share price for oil and gas company RMP Energy (RMP:TSX).

Oil and natural gas reserves existing in Ohio's portion of the Utica shale could potentially be worth billions, an industry group said on September 20.

Financial services provider Dundee Securities recently announced that it is reiterating its BUY rating and C$9.25 target price Whitecap Resources (WCP:TSX) in part due to its strong position in the Pembina play.