Canaccord Genuity starts Kistos at buy, calls shares cheap
Canaccord Genuity initiated coverage on Kistos with a buy rating, citing the company’s diversification across assets in the Netherlands, UK and Norway and an Oman project.
Canaccord Genuity said Kistos has quickly developed from a start-up into a diversified international producer with assets in the Netherlands, the UK and Norway, and soon Oman, backed by an experienced management team from RockRose Energy. The Canadian bank said the shares look "cheap", trading on an FY26 ent…