Shares of oil and gas refining and marketing companies are trading higher amid energy price gains due to a possible impasse in U.S.-Iran negotiations, with Iran demanding war reparations and unfreezing of assets. Also, reports suggest President Trump is willing to end the war in exchange for reopening Hormuz without addressing Iran's nuclear program, which may lead to concerns over future military tensions.

UBS Maintains Neutral on Calumet, Raises Price Target to $47

UBS analyst Manav Gupta maintains Calumet (NASDAQ:CLMT) with a Neutral and raises the price target from $26 to $47.

Goldman Sachs Maintains Neutral on Calumet, Raises Price Target to $45

Goldman Sachs analyst Neil Mehta maintains Calumet (NASDAQ:CLMT) with a Neutral and raises the price target from $40 to $45.

TD Cowen Maintains Hold on Calumet, Raises Price Target to $40

TD Cowen analyst Jason Gabelman maintains Calumet (NASDAQ:CLMT) with a Hold and raises the price target from $34 to $40.

8-K filing — HF Sinclair Corp (DINO)

Filed: 2026-08-26 AccNo: 0001628280-26-059117 Size: 181 KB Item 8.01: Other Events

Shares of oil and gas refining and marketing companies are trading higher amid heightened investor attention on elevated diesel prices and refinery crack spreads, which may help refiners maintain pricing power heading into a period of lighter demand following the summer driving season.

Shares of oil and gas refining and marketing companies are trading higher as oil prices continue gains amid the U.S.-Iran impasse over the Straight of Hormuz and a Ukrainian drone strike on one of Russia's largest oil refineries, Lukoil Perm. Investor attention has also turned to soaring refining margins for gasoline and diesel, which help buttress optimism for the sector ahead of late summer and Labor Day demand.