Core Viewpoint - Ovintiv has signed a definitive agreement to divest its Anadarko assets in Oklahoma for $3 billion in cash, transferring approximately 360,000 net acres, which constitutes nearly all of the company's holdings in that region [1] Group 1: Transaction Details - The transaction is expected to conclude early in Q2 2026, with an effective date of January 1, 2026 [2] - Current production figures indicate around 90,000 barrels of oil equivalent per day, including nearly 27,000 barrels of oil and condensate, 240 million cubic feet of natural gas, and 23,000 barrels of natural gas liquids [2] - Ovintiv has engaged Wells Fargo as its financial adviser and Kirkland & Ellis as its legal adviser for this transaction [3] Group 2: Strategic Implications - The divestment is part of Ovintiv's strategy to focus its portfolio, meet debt targets, and enhance shareholder returns [3] - The company has built a significant inventory position in the Permian and Montney plays, which positions it for superior returns in the long term [4] - The acquired portfolio from the recent acquisition is expected to contribute around 100,000 barrels of oil equivalent per day of average production in 2026 [5] Group 3: Recent Acquisitions - Earlier in the month, Ovintiv completed a $2.7 billion acquisition of NuVista Energy, expanding its position in Alberta's Montney play by adding around 140,000 net acres and approximately 930 net drilling locations [4] - In November 2024, Ovintiv entered into a definitive agreement to purchase Montney assets from Paramount Resources for around $2.37 billion, which aims to bolster its presence in the Montney area [6] - The recent acquisition closed last month and is expected to bring in approximately 70,000 barrels of oil equivalent per day and 109,000 net acres, with 80% of the land remaining undeveloped [6]

Core Insights - Meeting with a financial advisor before claiming Social Security benefits is crucial for retirement planning [1][3] Group 1: Importance of Financial Advisors - Financial advisors can help determine the optimal time to claim Social Security benefits, ensuring individuals do not leave money on the table or retire too early [5] - Advisors can explain the tax implications of Social Security benefits, which often surprise retirees when combined with other income sources [6] - A financial advisor can develop a strategy to minimize taxes on Social Security benefits and other income, helping retirees access necessary funds without entering a higher tax bracket [7] Group 2: Finding a Financial Advisor - It is recommended to work with a fee-only fiduciary, who is legally obligated to prioritize the client's best interests [2]

Seeing Machines Ltd (AIM:SEE, OTC:SEEMF, FRA:M2Z) CEO Paul McGlone talked with Proactive's Stephen Gunnion about the company’s FY2026 half-year trading update, highlighting accelerating automotive royalty growth, improving margins and the expected inflection to positive adjusted EBITDA in Q3. Joining him, CFO Martin Ive outlined balance sheet developments, cash flow expectations and refinancing plans. McGlone said the results mark a critical turning point, noting the business is now just six months away ...

Talanx has secured full ownership of two major Polish insurance companies, Warta and TU Europa, following the end of its long-standing partnership with Meiji Yasuda Life Insurance Company. The transfer of shares was concluded on 16 February 2026, after both parties agreed to finalise their alliance on 31 December 2025. The terms for the transaction were set in December 2024. Through this agreement, Talanx purchased Meiji Yasuda’s remaining 24.3% share in Warta and 50% minus one share in TU Europa. Fin ...

Chesnara has agreed to acquire Scottish Widows Europe, a closed life insurance company based in Luxembourg, in a deal valued at $130.2m (£95.97m). The Luxembourg business was acquired from Scottish Widows, part of Lloyds Banking Group. This move marks Chesnara’s entry into the Luxembourg market and will help it add policyholders in Germany, Austria and Italy. The UK-listed life and pensions consolidator will fund the transaction using its existing cash resources. According to Chesnara, the acquisition ...

Intesa Sanpaolo, Italy’s largest banking institution and one of Europe’s largest banks, has disclosed approximately $96 million in spot Bitcoin exchange-traded funds in a regulatory filing. Institutional adoption of digital assets has been picking up pace within Europe’s traditionally conservative banking sector. The bank’s Form 13F filing with the US Securities and Exchange Commission (SEC), covering positions as of 31 December 2025, also reveals a sophisticated $184.6 million put option position on Mi ...

This story was originally published on Utility Dive. To receive daily news and insights, subscribe to our free daily Utility Dive newsletter. Portland General Electric is in a $1.9 billion deal with a partner to buy PacifiCorp’s utility operations in Washington, the companies said Tuesday. PGE, the largest utility in Oregon, expects the transaction will increase its customer base by 15%, to about 1.1 million customers, and its 2026 rate base by 18%, to $9 billion, according to a company presentation. Pacif ...

Pan African Resources PLC (LSE:PAF, OTCQX:PAFRY, JSE:PAN) posted record first-half profit of $147.8 million as revenue jumped 157%. Gold output rose 51% to 128,296 ounces, net debt fell sharply, and it's declared an interim dividend of R0.12 per share. Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF, FRA:A4A) expects copper output to triple to 20,000 to 25,000 tonnes in 2026. It says copper will become its main product, driven by full-year production from Gilar and Demirli. Great Southern Copper PLC (LSE:GSC ...

Petro Mata shares up as it banks PetroChina payment Proactive uses images sourced from Shutterstock Petro Matad Limited (AIM:MATD, OTC:PRTDF, FRA:HA3) shares jumped 18% in Wednesday's early deals, rising to 1.21p, after the small cap told investors that PetroChina has paid US$1.03 million of revenue that was withheld against the company’s 2025 production invoices, clearing a key uncertainty as the parties work to update their sales arrangements for 2026. The AIM-quoted Mongolia-focused oil producer said ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Stripe subsidiary Bridge has received conditional approval for a national trust bank charter from the Office of the Comptroller of the Currency, the company said Tuesday in a blog post. A search of the OCC’s database shows Bridge’s application, filed in October, was conditionally approved Feb. 12. Under such a license, Bridge would be allowed to issue stablecoins, ...