Shares of oil and gas companies are trading higher after Chinese refiners suspended October fuel exports, adding to the global refined products shortage as the Middle East conflict continues to tighten supplies. Also, the U.S. may send a third aircraft carrier strike group as President Trump mulls over additional attacks on Iran after the midterm elections.

Goldman Sachs Adjusts Price Target on APA to $47 From $44

Goldman Sachs has updated its price target for APA Corporation, increasing it from $44 to $47.

Raymond James Adjusts Price Target on APA Corporation to $58

Raymond James has updated its price target for APA Corporation, raising it from $54 to $58.

Susquehanna Maintains Positive on APA, Raises Price Target to $58

Susquehanna analyst Biju Perincheril maintains APA (NASDAQ:APA) with a Positive and raises the price target from $47 to $58.

Shares of oil and gas-related companies are trading higher after reports suggesting that Iran placed its armed forced on high alert for 72 hours. Also, reports of an attempted Houthi strike on Saudi Arabia's Red Sea port of Yanbu and another Iranian strike on a vessel near the Strait of Hormuz may fuel concerns that high energy prices may persist and benefit the sector.

Mizuho Maintains Neutral on Comstock Resources, Lowers Price Target to $17

Mizuho analyst Nitin Kumar maintains Comstock Resources (NYSE:CRK) with a Neutral and lowers the price target from $20 to $17.

Morgan Stanley Maintains Equal-Weight on Comstock Resources, Lowers Price Target to $13