Shares of energy companies are trading higher amid a rise in oil prices after President Trump said that the U.S. will hit Iran "hard" in response to a surprise ballistic missile strike targeting American forces in Jordan.

RBC Capital Maintains Outperform on Baker Hughes, Raises Price Target to $76

RBC Capital analyst Keith Mackey maintains Baker Hughes (NASDAQ:BKR) with a Outperform and raises the price target from $71 to $76.

AI's Next Bottleneck Isn't Chips, It's Power, With Demand Expected to Soar 1,100% by 2033: Why CEG, VST, GEV Stocks Are in Focus

Global AI electricity demand is set to explode, straining an already struggling power grid, with the U.S. absorbing most of it.

Baker Hughes Announces Multi-Year Contract With Kuwait Oil Company To Develop Upstream Technology, Will Build Research Center In Ahmadi Innovation Valley; Terms Not Disclosed

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.

Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 3% Dividend Yields

Investors turn to dividend-yielding stocks during market turbulence. Benzinga offers latest analyst ratings and news for high-yielding energy stocks.

Wells Fargo Maintains Overweight on Chord Energy, Lowers Price Target to $163

Wells Fargo analyst Sam Margolin maintains Chord Energy (NASDAQ:CHRD) with a Overweight and lowers the price target from $175 to $163.