Forum Energy Technologies shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY26 sales guidance above estimates. Also, the company issued Q3 sales guidance above estimates.

Shares of U.S.-traded companies with Brazil exposure are trading higher after the first round of Presidential election balloting showed right-wing candidate Flavio Bolsonaro with a lead over Lula, the current left-wing President. The results may indicate a possible pro-business final election outcome ahead of the October 25 run-off vote, wherein the winning candidate must achieve a majority above 50%.

Solaris Energy Raises 2026 Guidance, Starts 2027 With Momentum

Solaris Energy Infrastructure (SEI) raised its 2026 Adjusted EBITDA guidance, with Q3 expectations up 23% and Q4 up 48% from previous midpoints, driven by stronger core power services and recent acquisitions of GESA and Omega Foundation Services. The company also initiated Q1 2027 guidance of $200-240 million, reflecting expansion into a broader full-cycle power infrastructure platform serving data centers and industrial markets.

How NESR's 3B3 Strategy Offers a Clear Path to Long-Term Expansion

National Energy Services Reunited Corp. (NESR) has unveiled its 3B3 corporate strategy targeting a $3 billion revenue run rate within three years through three pillars: expanding its contract funnel, growing geographical footprint in MENA, and leveraging NEDA and ROYA technologies. The company is positioned to benefit from Jafurah operations ramp-up in Saudi Arabia and new contracts in Kuwait, UAE, and North Africa, though geopolitical risks remain a concern.

Shell's Tri Star Deal Deepens Its U.S. Fuel Retail Strategy

Shell plc announced it will acquire the remaining 67% stake in Tri Star Energy, gaining full ownership of 320 fuel and convenience retail sites across the Southeastern United States. The deal, expected to close by end of 2026, aligns with Shell's strategy to focus capital on high-return businesses and will nearly double its company-owned retail footprint in the region to approximately 550 sites.