Shares of oil and gas exploration and production companies are trading higher amid crude price gains after the U.S. and Iran continued military strikes over the weekend, with each side claiming it will control the Strait of Hormuz.

Shares of oil and gas companies are trading higher after Chinese refiners suspended October fuel exports, adding to the global refined products shortage as the Middle East conflict continues to tighten supplies. Also, the U.S. may send a third aircraft carrier strike group as President Trump mulls over additional attacks on Iran after the midterm elections.

Shares of oil and gas-related companies are trading higher as energy prices gain amid a perceived lack of progress in U.S.-Iran peace talks taking place alongside UN meetings. Also, activist interest in Devon Energy may be drawing attention to value in the exploration and production industry.

Truist Securities Maintains Hold on APA, Raises Price Target to $44

Truist Securities analyst Gabe Daoud maintains APA (NASDAQ:APA) with a Hold and raises the price target from $39 to $44.

APA Corporation Announces Additional 40M Share Buyback Authorization

8-K filing — BATTALION OIL CORP (BATL)

Filed: 2026-10-01 AccNo: 0001104659-26-112594 Size: 254 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits

Battalion Oil Says It Is In Early-Stage Data Center, Power Generation Talks With Developers, Hyperscalers For 3,000+ Texas Acres