Hydrogen Stocks To Consider - August 15th

Key Points

• Exxon Mobil, Linde, Bloom Energy, BP, and NuScale Power are highlighted as key stocks in the hydrogen sector, reflecting growing interest in the emerging green hydrogen economy.
• Exxon Mobil's stock recently traded at $107.22, experiencing a trading volume of 9.5 million shares, while Linde stock reached $481.06 with a volume of 726,597 shares on the same day.
• Investing in hydrogen stocks presents an opportunity to engage with the low-carbon alternatives to fossil fuels in sectors such as power generation, transportation, and industry.

Exxon Mobil, Linde, Bloom Energy, BP, and NuScale Power are the five Hydrogen stocks to watch today, according to MarketBeat's stock screener tool. Hydrogen stocks are shares of companies involved in the production, storage, distribution or utilization of hydrogen as an energy carrier—ranging from electrolyzer and fuel‐cell manufacturers to firms building hydrogen fueling infrastructure. Investing in these equities offers exposure to the emerging “green” hydrogen economy, which aims to provide a low-carbon alternative to fossil fuels in power generation, transportation and industry. 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.

XOM traded up $0.83 during trading on Friday, hitting $107.22. The stock had a trading volume of 9,514,471 shares, compared to its average volume of 16,727,379. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.88 and a current ratio of 1.25. The firm has a market capitalization of $457.10 billion, a P/E ratio of 15.23, a PEG ratio of 2.02 and a beta of 0.53. The company's 50-day moving average price is $110.21 and its 200 day moving average price is $108.89. Exxon Mobil has a twelve month low of $97.80 and a twelve month high of $126.34.

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 NASDAQ:LIN traded up $3.43 on Friday, reaching $481.06. 726,597 shares of the company were exchanged, compared to its average volume of 2,075,637. The company has a current ratio of 0.93, a quick ratio of 0.78 and a debt-to-equity ratio of 0.49. Linde has a 1-year low of $408.65 and a 1-year high of $487.49. The firm has a market cap of $225.57 billion, a price-to-earnings ratio of 34.21, a price-to-earnings-growth ratio of 3.15 and a beta of 0.92. The company has a 50-day moving average of $468.14 and a 200-day moving average of $459.69.

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 NYSE:BE traded up $0.99 on Friday, reaching $46.10. 7,070,492 shares of the company were exchanged, compared to its average volume of 7,223,291. The company has a current ratio of 4.99, a quick ratio of 3.21 and a debt-to-equity ratio of 2.18. Bloom Energy has a 1-year low of $9.02 and a 1-year high of $46.64. The firm has a market cap of $10.79 billion, a price-to-earnings ratio of 1,152.79 and a beta of 3.28. The company has a 50-day moving average of $28.10 and a 200-day moving average of $23.36.

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.

Shares of BP stock traded up $0.30 on Friday, hitting $34.44. The company's stock had a trading volume of 7,461,864 shares, compared to its average volume of 11,199,962. BP has a 52-week low of $25.22 and a 52-week high of $35.54. The company has a quick ratio of 0.92, a current ratio of 1.21 and a debt-to-equity ratio of 0.68. The firm has a fifty day moving average price of $31.78 and a 200-day moving average price of $31.20. The company has a market capitalization of $91.33 billion, a P/E ratio of 163.99, a price-to-earnings-growth ratio of 1.81 and a beta of 0.57.

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 NuScale Power stock traded down $0.57 on Friday, hitting $35.36. The company's stock had a trading volume of 5,008,321 shares, compared to its average volume of 11,584,465. NuScale Power has a 52-week low of $6.88 and a 52-week high of $53.50. The firm has a fifty day moving average price of $41.28 and a 200-day moving average price of $27.31. The company has a market capitalization of $10.06 billion, a P/E ratio of -29.71 and a beta of 2.06.

Read Our Latest Research Report on SMR

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