Shares of integrated oil and gas companies are trading higher after the U.S. and Iran continued military strikes over the weekend, with each side claiming it will control the Strait of Hormuz. Also, Ukrainian strikes on Russian refineries may lead to more gasoline and diesel shortages globally.

Baker Hughes Awarded Offshore Production Enhancement and Stimulation Services Contract by bp

Baker Hughes has secured a significant multi-year contract from bp to provide offshore stimulation services across bp's UK North Sea operations. The agreement includes deployment of Baker Hughes' StimFORCE™ modular stimulation package on a dedicated vessel to support new well development and enhanced recovery from mature fields, leveraging a UK operating base and local supply chain.

Piper Sandler Maintains Neutral on BP, Raises Price Target to $46

BP Agrees To Sell 50% Stake In Tupinamba Exploration Block To Shell Offshore Brazil; Financial Terms Undisclosed

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The Benzinga Stock Whisper Index highlights five unique stocks each week that attract high reader and investor interest.

Shares of integrated oil and gas companies are trading higher amid energy price gains due to concerns that the U.S. and Iran aren't making meaningful headway in negotiations to reopen the Strait of Hormuz peacefully and without transit fees.