Shares of oil and gas related companies are trading lower as energy prices retreat. Investors may expect the U.S. and Iran to indicate a return to negotiations, matching earlier phases of the conflict that involved prolonged mutual military strikes.

8-K filing — ProFrac Holding Corp. (ACDC)

Filed: 2026-09-16 AccNo: 0001104659-26-108302 Size: 355 KB Item 1.01: Entry into a Material Definitive Agreement Item 2.03: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant Item 9.01: Financial Statements and Exhibits

Morgan Stanley Maintains Underweight on ProFrac Holding, Lowers Price Target to $4.5

Morgan Stanley analyst Joe Laetsch maintains ProFrac Holding (NASDAQ:ACDC) with a Underweight and lowers the price target from $5 to $4.5.

Shares of oil and gas engineering and services companies are trading higher amid crude price gains due to continued Iranian demands over war reparations, unfreezing of sanctioned assets, and Strait of Hormuz tolling as negotiations with the U.S. may have reached an impasse.

ProFrac Holding shares are trading lower after the company reported worse-than-expected Q2 sales results.

Shares of oil and gas related-companies are lower following reports suggesting that Saudi Arabia is attempting to restore crude oil exports quickly through pipeline repairs and ship-to-ship transfers. Also, API and EIA data indicated weekly U.S. crude and distillate inventory growth, further pressuring the oil price.

8-K filing — Kosmos Energy Ltd. (KOS)

Filed: 2026-09-08 AccNo: 0001509991-26-000051 Size: 139 KB Item 7.01: Regulation FD Disclosure