Nabors (NBR), HighPeak (HPK) rise as oil prices jump on Iran peace-plan rejection

Shares of Nabors Industries (NBR) and HighPeak Energy (HPK) rose in morning trading on May 14, 2026, as crude prices climbed after the U.S. rejected Iran’s latest peace proposal, raising geopolitical risk premiums for energy markets. West Texas Intermediate crude rose more than 2.5% to about $97.89 a barrel, while Brent gained more than 2.6% to roughly $104. Higher oil prices typically support revenue expectations for producers and related energy-services companies. Nabors, a drilling-services company, has risen 81.2% in 2026 and recently traded at $100.40, near its 52-week high of $105.28 set in May 2026. The stock gained 6.6% 12 days earlier after first-quarter 2026 results beat estimates, with revenue up 6.8% year over year to $786.4 million and an adjusted loss of $1.54 per share, narrower than the expected $2.03 loss. Adjusted EBITDA was $204.8 million.