Shares of oil and gas-related companies are trading higher amid energy price gains driven by reports suggesting that Houthi rebels are expanding their threats against Saudi vessels in the Red Sea. Also, President Trump vowed to mete out justice on the Houthis and Iran for attacks carried out by the Yemeni rebels.

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.

This Ciena Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday

Wall Street analysts changed outlook on top names. See upgrades, downgrades and initiations on analyst ratings page. Analysts view on HONA stock.

Argus Research Upgrades APA to Buy, Announces $48 Price Target

Argus Research analyst Bill Selesky upgrades APA (NASDAQ:APA) from Hold to Buy and announces $48 price target.

Jim Cramer: Williams Companies Is 'Terrific,' This Tech Company Had An ‘Amazing’ Quarter

Jim Cramer shares his opinions on Rocket Lab, Canadian Natural Resources, Palantir, IBM and Williams Companies on Mad Money Lightning Round.

Shares of oil and gas exploration and production 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.