Investment Opportunities

Largest US ammonia producer. Produces domestically using cheap US natural gas (~$4/MMBtu) while 46% of global urea is blocked behind Hormuz. Margins expanding explosively.

World's largest fertilizer company. Produces all three macronutrients (N, P, K). 1,500+ retail locations. Multiple analyst upgrades — Wells Fargo $100, Jefferies $96, CIBC $90.

81-vessel tanker fleet. VLCC spot rates at $423,736/day all-time record. Breakeven ~$25K/day. Making $400K/day profit per VLCC. Every day Hormuz stays closed, FRO prints money.

Most diversified oil major. 4.7M boe/day production. $20B buyback for 2026. Primarily US/Guyana production — insulated from Gulf risk. New ATH.

Gotham platform being used for military targeting/analytics in Iran campaign. Revenue up 56% to $4.4B. Management guides 61% growth to $7.19B in 2026. War validates AI warfare.

Detected Russian hackers supporting Iran targeting US industries. Morningstar upgraded moat to 'wide.' Analyst target $665 (+41% upside). Cyber threats don't end with ceasefires.

Same tanker thesis as FRO but cheaper. 76% of Q1 spot days booked at $78,900/day vs $18,300 breakeven. Secured 1-year charter at $94,000/day. Lower leverage.

Just merged with Viterra. Grain trading profits spike when markets are volatile and supply is tight. BMO target $135. Positioned for Q3-Q4 2026 harvest disruption.

Gold had worst week since 1983 (-10.4%). But JPM target $6,300 (38% upside), Deutsche $6,000. Mining stocks with record FCF are cheap. Contrarian entry if war drags on.