Shares of oil and gas-related companies are trading higher as crude prices gain due to fears of further escalation of the U.S.-Iran conflict. The Trump administration says it's planning further economic sanctions on Iran, and that the U.S. Navy can maintain an indefinite maritime blockade of the country if needed.

National CineMedia Posts Downbeat Q2 Results, Joins Borr Drilling, AbCellera Biologics And Other Big Stocks Moving Lower In Wednesday’s Pre-Market Session

U.S. stock futures higher, Nasdaq 100 up 150 pts. National CineMedia shares down 16.4% on weak Q2 results and Captivate Holdings acquisition. Other stocks also falling in pre-market trading.

Borr Drilling shares are trading lower after the company reported worse-than-expected Q2 financial results.

Why CoreWeave Shares Are Trading Higher By Over 17%; Here Are 20 Stocks Moving Premarket

CRWV shares rose in pre-market trading after reporting better-than-expected Q2 results. BAOS, BOXL, DOGZ, DRMA, ZBAO, HYLN, XHLD, VELO, and HRB also saw gains.

Seaport Global Initiates Coverage On Devon Energy with Buy Rating, Announces Price Target of $65

Seaport Global analyst Vin Lovaglio initiates coverage on Devon Energy (NYSE:DVN) with a Buy rating and announces Price Target of $65.

Google Just Locked Up the Largest Geothermal Power Deal Ever Made.

Fervo Energy signed a massive geothermal power deal with Google to supply 396 MW of electricity from its Cape Station project in Utah starting in 2028, with an option to expand to 1 GW by mid-2030. The agreement addresses the critical need for reliable, clean power to support AI data center expansion and validates Fervo's enhanced geothermal technology model.

Citigroup Maintains Buy on Devon Energy, Raises Price Target to $67