PBF Energy shares climbed to a 52-week high on Monday, Oct. 5, after UBS raised its price target and sharply lifted its third-quarterEarningsestimate on stronger refining margins.
● Bimergen Energy Corporation (BESS) shares fell 19.48% to close at $1.86 on Monday, October 5, 2026.
● The decline reflected sensitivity to the day's sharp move in interest rates rather than a company-specific development.
● Valero hit a fresh 52-week high as refiners rallied on wide crack spreads, the gap between crude and refined-fuel prices.
● The DOE offered Vistra a conditionalLoan Commitmentof up to $4.2 billion under its Energy Dominance Financing program.
● Brent settled at $100.32 a barrel after G7 nations agreed to release 100 million barrels from emergency reserves.
● First Solar is reportedly nearing commercialization of tandem solar panels designed to outperform conventional panels.
● Valero, PBF Energy and CVR Energy also hit 52-week highs the same day.
● Baker Hughes signed an agreement with Venezuela's state oil company PDVSA to developNatural Gasinfrastructure.
In an 8-K filed September 25, 2026, Atlas Energy Solutions (NYSE:AESI) said its project company made incremental purchase commitments for 283 MW of CaterpillarNatural Gasgeneration equipment for aData Centerproject. Two cost reimbursement agreements with a leading frontier AI lab allocate the equipment to that …