Shares of oil and gas-related companies are trading lower after President Trump said in a social media post that U.S. military strikes against Iran scheduled for today have been canceled due to the approval of discussions with Iranian leadership.

Battalion Oil Q2 Adj. EPS $(0.11) Up From $(0.65) YoY, Sales $48.129M Up From $42.812M YoY

Battalion Oil (AMEX:BATL) reported quarterly losses of $(0.11) per share. This is a 83.08 percent increase over losses of $(0.65) per share from the same period last year. The company reported $48.129 million in sales

8-K filing — BATTALION OIL CORP (BATL)

Filed: 2026-08-12 AccNo: 0001104659-26-094942 Size: 1 MB Item 2.02: Results of Operations and Financial Condition Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits

Shares of oil and gas exploration and production companies are trading higher as crude prices gain after Iranian strikes directed at U.S. assets in Jordan. Also, President Trump said the U.S. would respond "hard" to the attack.

Shares of oil and gas exploration and production companies are trading lower amid a crude price pullback after reports suggesting that the U.S. and Iran could resume negotiations and that Iran will stop its military strikes as long as the U.S. refrains from bombing.

This Occidental Petroleum Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Thursday

Analysts initiated coverage: Neutral COP; Buy TLSA ($7), OXY ($73), NRSN ($8); Sell SM ($35).

Seaport Global Initiates Coverage On ConocoPhillips with Neutral Rating

Seaport Global analyst Vin Lovaglio initiates coverage on ConocoPhillips (NYSE:COP) with a Neutral rating.