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.

Shares of oil and gas-related companies are trading higher as energy prices gain amid a perceived lack of progress in U.S.-Iran peace talks taking place alongside UN meetings. Also, activist interest in Devon Energy may be drawing attention to value in the exploration and production industry.

Truist Securities Maintains Hold on APA, Raises Price Target to $44

Truist Securities analyst Gabe Daoud maintains APA (NASDAQ:APA) with a Hold and raises the price target from $39 to $44.

APA Corporation Announces Additional 40M Share Buyback Authorization

Comstock Resources Signs $1.65B Framework Agreement With Azerbaijan State Energy Company SOCAR To Expand Upon The Previously Announced Strategic Partnership And Investment In Haynesville Shale

The Framework Agreement memorializes both parties' mutual commitment to negotiate and execute a definitive purchase and sale agreement consistent with the previously announced letter of intent related to the $1.65

Comstock Resources shares are trading lower. Jefferies initiated coverage on the stock with a Hold rating and announced a $14 price target.

Jefferies Initiates Coverage On Comstock Resources with Hold Rating, Announces Price Target of $14

Jefferies analyst John Edelman initiates coverage on Comstock Resources (NYSE:CRK) with a Hold rating and announces Price Target of $14.