Goldman Sachs upgraded its oil price forecasts following the Strait of Hormuz closure, expecting Brent crude to average $80-$100/barrel in 2026 and $75/barrel in 2027. The bank identified seven energy stocks as winners, with Permian-focused E&Ps and major oil companies positioned to benefit from higher oil prices and strong cash flow generation through major projects.

Hartree Partners sold 254,101 shares of Teekay Tankers (worth $14.27 million) during Q4, reducing its stake to 2.87% of AUM. Despite the sale, Teekay Tankers stock has surged 80% over the past year, outperforming the S&P 500 by 68.55 percentage points. The company reported strong Q4 results with net income jumping to $120.5 million from $82.1 million year-over-year, driven by favorable spot tanker rates. The partial exit may signal profit-taking after strong performance, though management indicated rates strengthened further into early 2026.

U.S. stock futures fell sharply on Monday as oil prices surged amid Iran-US conflict, with Brent Crude jumping 14.90% to $106.50 and WTI rising 13.27% to $102.96. Major indices declined with Dow Jones down 1.61%, S&P 500 down 1.41%, and Nasdaq 100 down 1.56%. Notable movers included Hims & Hers surging 49.36% after resolving disputes with Novo Nordisk, and UniQure gaining 35.88% following FDA clarity on its Huntington's disease therapy. Analysts warn of stagflationary pressures and systemic fragility in energy supply chains.

Dividend Select 15 Corp. announced its monthly distribution of $0.06133 per Equity share, payable March 10, 2026 to shareholders of record as of February 27, 2026. The distribution is based on a 10% annualized yield calculated using the volume-weighted average market price (VWAP) of $7.36 over the last three trading days of February. Since inception, shareholders have received cumulative distributions of $11.57 per share.

U.S. stock futures rose on Wednesday with the Dow Jones, S&P 500, and Nasdaq 100 all posting gains. Investors await January FOMC minutes and Friday's PCE index release. Key movers include Ovintiv surging 4.17% after announcing a $3 billion asset sale, Tactile Systems jumping 23.53% on strong guidance, Celanese rising 5.94% despite earnings miss, and Palo Alto Networks falling 7.34% after lowering profit guidance.

Ovintiv Inc. has received Investment Canada Act approval for its acquisition of NuVista Energy Ltd. The transaction, which was previously approved by shareholders on January 23, 2026, and cleared under the Competition Act, is expected to close on or about February 3, 2026, subject to customary closing conditions.

NuVista Energy has filed materials for a special shareholder meeting on January 23, 2026, to vote on a plan of arrangement with Ovintiv Inc. Under the agreement, NuVista shareholders will receive $18.00 per share in cash (21% premium to unaffected price) or 0.344 Ovintiv shares, or a combination thereof. The transaction values NuVista's Montney assets and provides shareholders with exposure to a larger, investment-grade entity with pro forma enterprise value of approximately $25 billion.

NuVista Energy has agreed to be acquired by Ovintiv in a $3.8 billion transaction, offering shareholders $18.00 per share or 0.344 Ovintiv shares, representing a 21% premium to NuVista's recent share price.

Dividend Select 15 Corp. has declared a monthly dividend of $0.05325 per equity share, payable on May 9, 2025 to shareholders on record as of April 30, 2025. The dividend yield will remain stable at 10% based on the volume-weighted average market price of the shares.

Paramount Resources Ltd. announced the closing of an asset sale to Ovintiv Inc., a special cash distribution to shareholders, an amended $500 million credit facility, and updates on its operational and development plans.

Several mid-cap stocks are poised to thrive under a potential Trump administration, with expected pro-growth policies and regulatory rollbacks benefiting companies in the energy, financial, coal, industrial, and construction sectors.

FourPoint Resources, Quantum Capital Group, and Kayne Anderson have signed an agreement to acquire Ovintiv's Uinta Basin assets for $2 billion. The assets include 126,000 net acres and production of 29 Mbbls/d.