Energy Stocks Worth Watching - August 17th

Key Points

• Tesla, Broadcom, First Solar, Exxon Mobil, and Chevron are identified as the top energy stocks to monitor due to high trading volumes recently, reflecting significant investor interest.
• Tesla's stock experienced a decrease, trading at $330.56 with a notable market cap of $1.07 trillion and high volatility indicated by a beta of 2.33.
• First Solar's shares increased significantly, rising by $19.90 to $199.95, underscoring its robust market performance amidst strong trading activity.

Tesla, Broadcom, First Solar, Exxon Mobil, and Chevron are the five Energy stocks to watch today, according to MarketBeat's stock screener tool. Energy stocks are shares of publicly traded companies that explore for, produce, refine, distribute or generate energy from sources such as oil, natural gas, coal or renewables. Their performance tends to be cyclical, closely tracking commodity prices, geopolitical developments and shifts in regulation. Investors often use them to gain exposure to global energy demand and potential dividend income. These companies had the highest dollar trading volume of any Energy stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

TSLA stock traded down $5.02 during trading hours on Friday, hitting $330.56. 74,099,060 shares of the stock traded hands, compared to its average volume of 90,268,784. The stock has a 50-day simple moving average of $320.41 and a 200 day simple moving average of $305.24. The company has a market cap of $1.07 trillion, a P/E ratio of 191.08, a P/E/G ratio of 11.49 and a beta of 2.33. Tesla has a one year low of $202.59 and a one year high of $488.54. The company has a current ratio of 2.04, a quick ratio of 1.55 and a debt-to-equity ratio of 0.07.

Read Our Latest Research Report on TSLA

Broadcom (AVGO)

Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.

NASDAQ AVGO traded down $4.89 on Friday, reaching $306.34. The company's stock had a trading volume of 22,795,520 shares, compared to its average volume of 17,011,082. Broadcom has a twelve month low of $134.90 and a twelve month high of $317.35. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.98 and a current ratio of 1.08. The firm's 50 day moving average is $278.27 and its two-hundred day moving average is $229.79. The stock has a market cap of $1.44 trillion, a PE ratio of 114.73, a PEG ratio of 2.18 and a beta of 1.15.

Read Our Latest Research Report on AVGO

First Solar (FSLR)

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.

Shares of NASDAQ FSLR traded up $19.90 during midday trading on Friday, reaching $199.95. The company's stock had a trading volume of 10,927,711 shares, compared to its average volume of 2,393,773. First Solar has a one year low of $116.56 and a one year high of $262.72. The company has a market cap of $21.44 billion, a price-to-earnings ratio of 17.10, a price-to-earnings-growth ratio of 0.39 and a beta of 1.48. The company has a 50 day moving average price of $171.26 and a 200 day moving average price of $153.81. The company has a current ratio of 1.90, a quick ratio of 1.41 and a debt-to-equity ratio of 0.04.

Read Our Latest Research Report on FSLR

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.

Exxon Mobil stock traded down $0.84 during mid-day trading on Friday, hitting $106.54. The company's stock had a trading volume of 19,264,554 shares, compared to its average volume of 16,134,398. The company has a quick ratio of 0.88, a current ratio of 1.25 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $454.21 billion, a P/E ratio of 15.13, a P/E/G ratio of 2.00 and a beta of 0.53. Exxon Mobil has a twelve month low of $97.80 and a twelve month high of $126.34. The stock's fifty day moving average price is $110.25 and its two-hundred day moving average price is $108.88.

Read Our Latest Research Report on XOM

Chevron (CVX)

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant.

Chevron stock traded up $1.36 during mid-day trading on Friday, hitting $156.52. The company's stock had a trading volume of 11,613,242 shares, compared to its average volume of 11,908,853. The company has a quick ratio of 0.74, a current ratio of 1.00 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $270.46 billion, a P/E ratio of 20.14, a P/E/G ratio of 2.35 and a beta of 0.87. Chevron has a twelve month low of $132.04 and a twelve month high of $168.96. The stock's fifty day moving average price is $150.13 and its two-hundred day moving average price is $148.54.

Read Our Latest Research Report on CVX

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