Shares of energy companies are trading lower amid a drop in oil prices after U.S. Energy Secretary Wright said that ship traffic through the Strait of Hormuz is "rising very meaningfully". Reports indicate that Kuwait is offering to sell crude to Asian refiners, resuming oil flows from the region.

Piper Sandler Maintains Neutral on Atlas Energy Solutions, Lowers Price Target to $15

Piper Sandler analyst Derek Podhaizer maintains Atlas Energy Solutions (NYSE:AESI) with a Neutral and lowers the price target from $19 to $15.

Stifel Maintains Buy on Atlas Energy Solutions, Lowers Price Target to $25

Stifel analyst Stephen Gengaro maintains Atlas Energy Solutions (NYSE:AESI) with a Buy and lowers the price target from $28 to $25.

RBC Capital Maintains Sector Perform on Atlas Energy Solutions, Lowers Price Target to $17

RBC Capital analyst Keith Mackey maintains Atlas Energy Solutions (NYSE:AESI) with a Sector Perform and lowers the price target from $21 to $17.

8-K filing — Atlas Energy Solutions Inc. (AESI)

Filed: 2026-08-03 AccNo: 0001193125-26-330740 Size: 1 MB Item 2.02: Results of Operations and Financial Condition Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits

Citigroup Maintains Neutral on APA, Raises Price Target to $44

Citigroup analyst Scott Gruber maintains APA (NASDAQ:APA) with a Neutral and raises the price target from $38 to $44.

APA shares are trading higher after Argus Research upgraded the stock from Hold to Buy rating and announced a $48 price target.