With the Russia-Ukraine War continuing in early 2026, Europe’s natural gas supply security remains in the spotlight. Tenaz Energy TNZ-T with its North Sea natural gas assets is benefiting. Tenaz is up more than 880 per cent since we highlighted it here in late September, 2023. Most recently, on Dec. 8, eight Tenaz Energy insiders exercised a total of 1.2 million options (not on chart) but only sold 869,545 shares in the public market at a price of $22.50. According to Tenaz, shares were sold to fund applicable taxes and exercise costs.

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Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.