Centrus Energy, SM Energy, BKV, Select Water Solutions, and ProFrac Stocks Trade Up, What You Need To Know

A number of stocks jumped in the afternoon session after crude oil prices climbed sharply following strikes on Saudi Arabian energy facilities and mounting supply disruption fears in the Middle East, according to Bloomberg. The Saudi energy ministry reported that operations at several energy facilities in the country's south were halted after missile and drone strikes from Yemen's Houthis ignited fires, wounding more than 70 people. The Financial Times also reported that Saudi Aramco's oil facilities in Jizan—home to a major 400,000-barrel-per-day refinery—were targeted in the extensive barrage, causing local authorities to suspend operations to contain the damage and assess infrastructure. Following the energy ministry's statement, global benchmark Brent crude futures rose $1.00 to settle over $98.00 a barrel, while U.S. West Texas Intermediate (WTI) crude futures rose over $2.00 to reach $93.65 a barrel, according to Reuters. Elevated crude prices provide a significant tailwind for oil and gas producers, directly expanding operating profit margins and boosting free cash flow on extracted barrels. Driven by the geopolitical supply shock, investors rotated capital into upstream equities. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Centrus Energy's shares are extremely volatile and have had 85 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 15 days ago when the stock dropped 6.1% on the news that Crude oil prices pulled back as traders locked in profits after two weeks of gains and awaited details on planned U.S. sanctions against Iran. According to CNBC, West Texas Intermediate fell roughly 2%–2.5% toward the mid-$80s per barrel on August 24, 2026, while Brent slipped a similar amount to the low $90s. The retreat followed consecutive weeks of strong gains driven by Middle East geopolitical risk. Attention centered on U.S. Treasury Secretary Scott Bessent's push for expanded sanctions aimed at economically isolating Tehran, including measures targeting entities that purchase and transport Iranian crude. Broader supply worries remain: commercial traffic through the Strait of Hormuz — which historically carries about 20% of global oil flows — stays constrained, even as alternative routes, U.S. output, and regional exports have so far limited severe shortages. Centrus Energy is down 30.9% since the beginning of the year, and at $188.16 per share, it is trading 56.8% below its 52-week high of $436 from October 2025. Despite the year-to-date decline, investors who bought $1,000 worth of Centrus Energy's shares 5 years ago would now be looking at an investment worth $5,947. WHILE YOU'RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You've probably never heard of it. This is what the early days of Palantir looked like before it became a giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE. If you believe this article contains misleading, harmful, or spam content, please let us know.