WS #17051
The Strait of Hormuz incident remains a critical risk factor, sustaining elevated energy and shipping volatility. Concurrently, the appointment of hardline deputy Stephen Miller as Chief of Staff signals a potential hardening of US trade and regulatory policy, which could exacerbate geopolitical frictions. This combination creates a dual-headwind for global supply chains and risk assets. Vistra Energy outlined a robust 2027 adjusted EBITDA guide of $7.7B-$8.5B, benefiting from Meta’s power purchase agreement and the Cogentrix acquisition. Ensign Energy Services also provided positive guidance, citing higher pricing in the US and potential Venezuela operations. These developments support the bullish thesis for energy infrastructure and services.
Geopolitical Escalation & Energy
The Strait of Hormuz incident remains a critical risk factor, sustaining elevated energy and shipping volatility. Concurrently, the appointment of hardline deputy Stephen Miller as Chief of Staff signals a potential hardening of US trade and regulatory policy, which could exacerbate geopolitical frictions. This combination creates a dual-headwind for global supply chains and risk assets.
Vistra Energy outlined a robust 2027 adjusted EBITDA guide of $7.7B-$8.5B, benefiting from Meta’s power purchase agreement and the Cogentrix acquisition. Ensign Energy Services also provided positive guidance, citing higher pricing in the US and potential Venezuela operations. These developments support the bullish thesis for energy infrastructure and services.