Hydrogen Stocks To Add to Your Watchlist - August 17th

Key Points

• Exxon Mobil, Linde, and Bloom Energy are among the top hydrogen stocks to watch, reflecting their significant roles in the emerging hydrogen economy critical for global decarbonization.
• Exxon Mobil stock, with a market cap of $454.21 billion, traded at $106.54, while Linde's stock reached $480.08 with a market cap of $225.11 billion.
• Bloom Energy has seen a dramatic increase in stock price, trading at $45.32, up from a 1-year low of $9.02, highlighting investor interest in solid-oxide fuel cell technologies.

Exxon Mobil, Linde, Bloom Energy, BP, NuScale Power, Air Products and Chemicals, and Cummins are the seven Hydrogen stocks to watch today, according to MarketBeat's stock screener tool. Hydrogen stocks are shares of publicly traded companies that develop and commercialize hydrogen-related technologies and infrastructure—ranging from green-hydrogen production via electrolysis to storage, transport pipelines, fueling stations, and fuel-cell systems. They offer investors exposure to the emerging hydrogen economy, which many see as a critical component of global decarbonization and clean-energy transition. 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.

Exxon Mobil stock traded down $0.84 during trading hours on Friday, reaching $106.54. 19,264,554 shares of the stock were exchanged, compared to its average volume of 16,134,398. Exxon Mobil has a twelve month low of $97.80 and a twelve month high of $126.34. The company has a market cap of $454.21 billion, a P/E ratio of 15.13, a price-to-earnings-growth ratio of 2.00 and a beta of 0.53. The company has a current ratio of 1.25, a quick ratio of 0.88 and a debt-to-equity ratio of 0.12. The stock has a 50 day moving average of $110.25 and a two-hundred day moving average of $108.88.

Read Our Latest Research Report on XOM

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 up $2.45 during trading on Friday, reaching $480.08. 1,951,307 shares of the company's stock were exchanged, compared to its average volume of 1,506,062. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.78 and a current ratio of 0.93. Linde has a 1-year low of $408.65 and a 1-year high of $487.49. The company has a market cap of $225.11 billion, a P/E ratio of 34.15, a PEG ratio of 3.17 and a beta of 0.92. The firm's 50-day moving average price is $468.28 and its 200 day moving average price is $460.15.

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 $0.21 during trading on Friday, reaching $45.32. 12,427,549 shares of the company's stock were exchanged, compared to its average volume of 12,190,416. Bloom Energy has a 1-year low of $9.02 and a 1-year high of $47.21. The firm's 50-day moving average price is $28.57 and its 200 day moving average price is $23.54. The company has a debt-to-equity ratio of 2.18, a quick ratio of 3.21 and a current ratio of 4.99. The company has a market cap of $10.60 billion, a P/E ratio of 1,133.28 and a beta of 3.28.

Read Our Latest Research Report on BE

BP (BP)

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.

BP traded down $0.31 on Friday, reaching $34.33. The stock had a trading volume of 10,608,235 shares, compared to its average volume of 8,280,859. The company has a market capitalization of $90.55 billion, a price-to-earnings ratio of 163.48, a price-to-earnings-growth ratio of 1.81 and a beta of 0.57. The firm has a 50-day moving average of $31.88 and a 200-day moving average of $31.22. The company has a current ratio of 1.21, a quick ratio of 0.92 and a debt-to-equity ratio of 0.68. BP has a fifty-two week low of $25.22 and a fifty-two week high of $35.54.

Read Our Latest Research Report on BP

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 SMR stock traded down $0.49 on Friday, hitting $35.44. The company had a trading volume of 9,064,671 shares, compared to its average volume of 13,720,877. The firm has a market cap of $10.08 billion, a P/E ratio of -29.78 and a beta of 2.06. The stock's 50-day moving average is $41.30 and its two-hundred day moving average is $27.45. NuScale Power has a twelve month low of $6.88 and a twelve month high of $53.50.

Read Our Latest Research Report on SMR

Air Products and Chemicals (APD)

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.

NYSE APD traded down $1.64 during trading hours on Friday, hitting $290.53. 1,033,289 shares of the company's stock were exchanged, compared to its average volume of 980,574. The stock has a 50-day simple moving average of $287.62 and a 200 day simple moving average of $288.13. Air Products and Chemicals has a 1-year low of $243.69 and a 1-year high of $341.14. The firm has a market cap of $64.66 billion, a price-to-earnings ratio of 41.80, a PEG ratio of 6.48 and a beta of 0.81. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93.

Read Our Latest Research Report on APD

Cummins (CMI)

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers parts and services, as well as remanufactured parts and engines.

NYSE CMI traded down $6.35 during trading hours on Friday, hitting $398.45. 701,253 shares of the company's stock were exchanged, compared to its average volume of 1,050,250. The company has a current ratio of 1.64, a quick ratio of 1.03 and a debt-to-equity ratio of 0.53. Cummins has a 1-year low of $260.02 and a 1-year high of $408.38. The stock has a 50-day simple moving average of $347.51 and a 200 day simple moving average of $332.91. The firm has a market cap of $54.90 billion, a price-to-earnings ratio of 18.73, a PEG ratio of 1.95 and a beta of 1.02.

Read Our Latest Research Report on CMI

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