Best Hydrogen Stocks To Add to Your Watchlist - August 1st

Key Points

• MarketBeat highlights **seven key hydrogen stocks** to monitor, including prominent firms like **Exxon Mobil, Fluor, and Shell**, which are expected to benefit from the global transition to low-carbon energy sources.
• On August 1st, Exxon Mobil's stock dropped to **$109.00**, with a market cap of **$469.75 billion**, while Fluor's stock hit **$40.03**, reflecting volatility in trading volumes.
• NuScale Power is notable for its modular nuclear technology aimed at not only electricity generation but also **hydrogen production**, showcasing diverse avenues for companies in the hydrogen sector.

Exxon Mobil, Fluor, NuScale Power, Ingersoll Rand, Linde, Bloom Energy, and Shell are the seven Hydrogen stocks to watch today, according to MarketBeat's stock screener tool. Hydrogen stocks are shares of publicly traded companies involved in the production, storage, distribution or end-use of hydrogen as an energy carrier. They encompass firms making electrolyzers, fuel cells, storage tanks and related infrastructure, and are often viewed by investors as a way to participate in the global shift toward cleaner, low-carbon energy. These companies had the highest dollar trading volume of any Hydrogen stocks within the last several days.

Exxon Mobil (XOM)

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.

Shares of Exxon Mobil stock traded down $2.64 during trading on Friday, hitting $109.00. 9,051,238 shares of the company's stock traded hands, compared to its average volume of 16,756,098. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.24 and a quick ratio of 0.90. Exxon Mobil has a 1 year low of $97.80 and a 1 year high of $126.34. The stock has a market capitalization of $469.75 billion, a P/E ratio of 14.47, a PEG ratio of 2.10 and a beta of 0.50. The business has a 50-day simple moving average of $109.35 and a 200-day simple moving average of $109.15.

Read Our Latest Research Report on XOM

Fluor (FLR)

Fluor Corporation provides engineering, procurement, and construction (EPC); fabrication and modularization; operation and maintenance; asset integrity; and project management services worldwide. The company operates through Energy Solutions, Urban Solutions, Mission Solutions, and Other segments. The Energy Solutions segment provides solutions to the energy transition markets, including asset decarbonization, carbon capture, renewable fuels, waste-to-energy, green chemicals, hydrogen, nuclear power, and other low-carbon energy sources.

Shares of Fluor stock traded down $16.74 during trading on Friday, hitting $40.03. 18,323,184 shares of the company's stock traded hands, compared to its average volume of 3,433,247. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.74 and a quick ratio of 1.74. Fluor has a 1 year low of $29.20 and a 1 year high of $60.10. The stock has a market capitalization of $6.59 billion, a P/E ratio of 3.84, a PEG ratio of 2.69 and a beta of 1.34. The business has a 50-day simple moving average of $49.90 and a 200-day simple moving average of $43.01.

Read Our Latest Research Report on FLR

NuScale Power (SMR)

NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.

Shares of NuScale Power stock traded down $6.69 during trading on Friday, hitting $43.52. 16,292,536 shares of the company's stock traded hands, compared to its average volume of 11,406,187. NuScale Power has a 1 year low of $6.88 and a 1 year high of $53.50. The stock has a market capitalization of $12.38 billion, a P/E ratio of -31.93 and a beta of 2.04. The business has a 50-day simple moving average of $39.49 and a 200-day simple moving average of $26.07.

Read Our Latest Research Report on SMR

Ingersoll Rand (IR)

Ingersoll Rand Inc. provides various mission-critical air, gas, liquid, and solid flow creation technologies services and solutions worldwide. It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment designs, manufactures, markets, and services air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services under the under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle brands, etc.

Shares of Ingersoll Rand stock traded down $9.69 during trading on Friday, hitting $74.94. 7,434,981 shares of the company's stock traded hands, compared to its average volume of 2,914,482. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.38 and a quick ratio of 1.76. Ingersoll Rand has a 1 year low of $65.61 and a 1 year high of $106.03. The stock has a market capitalization of $30.23 billion, a P/E ratio of 37.16, a PEG ratio of 3.60 and a beta of 1.43. The business has a 50-day simple moving average of $84.29 and a 200-day simple moving average of $82.98.

Read Our Latest Research Report on IR

Linde (LIN)

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.

Shares of Linde stock traded down $1.09 during trading on Friday, hitting $459.17. 1,179,367 shares of the company's stock traded hands, compared to its average volume of 2,121,015. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.94 and a quick ratio of 0.80. Linde has a 1 year low of $408.65 and a 1 year high of $487.49. The stock has a market capitalization of $216.14 billion, a P/E ratio of 33.35, a PEG ratio of 3.29 and a beta of 0.96. The business has a 50-day simple moving average of $467.14 and a 200-day simple moving average of $457.33.

Read Our Latest Research Report on LIN

Bloom Energy (BE)

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion.

Shares of Bloom Energy stock traded up $0.49 during trading on Friday, hitting $37.88. 11,148,581 shares of the company's stock traded hands, compared to its average volume of 7,000,786. Bloom Energy has a 1 year low of $9.02 and a 1 year high of $39.09. The business has a 50-day simple moving average of $23.80 and a 200-day simple moving average of $22.27. The company has a debt-to-equity ratio of 2.07, a current ratio of 3.44 and a quick ratio of 2.39. The stock has a market capitalization of $8.80 billion, a P/E ratio of -757.45 and a beta of 3.22.

Read Our Latest Research Report on BE

Shell (SHEL)

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.

SHEL stock traded down $0.48 during trading on Friday, reaching $71.73. The stock had a trading volume of 2,990,233 shares, compared to its average volume of 4,778,860. Shell has a 52 week low of $58.54 and a 52 week high of $74.18. The stock's 50 day moving average is $70.21 and its two-hundred day moving average is $67.88. The company has a current ratio of 1.32, a quick ratio of 1.08 and a debt-to-equity ratio of 0.36. The firm has a market cap of $212.04 billion, a PE ratio of 16.55, a PEG ratio of 2.08 and a beta of 0.40.

Read Our Latest Research Report on SHEL

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