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Promising Energy Stocks To Watch Now - November 12th

Tesla logo with Consumer Discretionary background
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Key Points

  • MarketBeat’s energy-stock watchlist includes Tesla, Bloom Energy, GE Vernova, IREN, ExxonMobil, Chevron, and Occidental Petroleum, selected for high recent dollar trading volume.
  • Thursday’s share moves were mixed: Tesla, GE Vernova, ExxonMobil, Chevron, and Occidental rose, while Bloom Energy and IREN fell.
  • The companies span electric vehicles and energy systems, power generation, bitcoin mining data centers, and oil and gas, so the list covers diverse businesses rather than one energy subsector.
  • Five stocks to consider instead of Tesla.

Tesla, Bloom Energy, GE Vernova, IREN, ExxonMobil, Chevron, and Occidental Petroleum are the seven Energy stocks to watch today, according to MarketBeat's stock screener tool. Energy stocks are shares of companies involved in producing, exploring for, refining, or distributing energy, including oil and gas, utilities, and renewable energy. Their performance can be influenced by energy prices, government policies, and changes in demand. 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 traded up $0.81 during midday trading on Thursday, hitting $391.65. 11,178,029 shares of the company were exchanged, compared to its average volume of 49,757,320. Tesla has a 1-year low of $297.38 and a 1-year high of $498.83. The company has a current ratio of 1.74, a quick ratio of 1.39 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $1.55 trillion, a price-to-earnings ratio of 431.18, a price-to-earnings-growth ratio of 23.53 and a beta of 1.74. The company's 50 day simple moving average is $373.66 and its 200 day simple moving average is $383.44.

Read Our Latest Research Report on TSLA

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.

NYSE BE traded down $3.83 during mid-day trading on Thursday, reaching $205.64. 10,344,922 shares of the stock were exchanged, compared to its average volume of 13,469,285. The company has a market capitalization of $60.80 billion, a P/E ratio of 125.67, a P/E/G ratio of 1.87 and a beta of 3.63. The company has a debt-to-equity ratio of 1.33, a quick ratio of 3.08 and a current ratio of 3.74. The business's 50 day moving average is $245.20 and its 200-day moving average is $221.73. Bloom Energy has a 1 year low of $75.70 and a 1 year high of $351.28.

Read Our Latest Research Report on BE

GE Vernova (GEV)

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.

NYSE:GEV traded up $23.79 during trading hours on Thursday, reaching $832.03. 1,753,523 shares of the company traded hands, compared to its average volume of 2,784,441. The stock has a market cap of $220.22 billion, a P/E ratio of 21.83, a P/E/G ratio of 2.60 and a beta of 1.25. The firm's 50-day moving average is $917.88 and its 200-day moving average is $946.85. GE Vernova has a 1-year low of $530.16 and a 1-year high of $1,195.94. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.83 and a quick ratio of 0.62.

Read Our Latest Research Report on GEV

IREN (IREN)

IREN Limited, formerly known as Iris Energy Limited, owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.

Shares of IREN stock traded down $1.19 during mid-day trading on Thursday, hitting $19.65. 45,632,830 shares of the stock were exchanged, compared to its average volume of 45,109,121. IREN has a twelve month low of $17.16 and a twelve month high of $70.71. The stock has a market capitalization of $7.74 billion, a price-to-earnings ratio of -4.82 and a beta of 4.33. The company has a 50-day simple moving average of $34.92 and a 200 day simple moving average of $43.10. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.77.

Read Our Latest Research Report on IREN

ExxonMobil (XOM)

ExxonMobil 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 NYSE:XOM traded up $3.32 during trading on Thursday, reaching $170.03. The stock had a trading volume of 4,594,519 shares, compared to its average volume of 17,603,846. The company has a quick ratio of 0.92, a current ratio of 1.19 and a debt-to-equity ratio of 0.11. The stock has a market cap of $693.58 billion, a P/E ratio of 17.45, a PEG ratio of 0.82 and a beta of 0.16. The business has a fifty day moving average price of $169.10 and a 200-day moving average price of $155.88. ExxonMobil has a fifty-two week low of $114.19 and a fifty-two week high of $188.50.

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.

Shares of CVX stock traded up $3.60 during mid-day trading on Thursday, hitting $216.88. 2,426,979 shares of the company's stock were exchanged, compared to its average volume of 10,210,800. The stock has a market cap of $426.25 billion, a price-to-earnings ratio of 15.85, a PEG ratio of 0.49 and a beta of 0.47. The company has a quick ratio of 1.07, a current ratio of 1.34 and a debt-to-equity ratio of 0.16. Chevron has a fifty-two week low of $146.49 and a fifty-two week high of $236.48. The stock has a 50-day simple moving average of $215.23 and a two-hundred day simple moving average of $195.08.

Read Our Latest Research Report on CVX

Occidental Petroleum (OXY)

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, and North Africa. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas.

Shares of OXY stock traded up $1.48 during trading hours on Thursday, hitting $58.72. 8,518,411 shares of the company were exchanged, compared to its average volume of 11,913,899. The firm has a market cap of $58.72 billion, a PE ratio of 7.90, a PEG ratio of 0.66 and a beta of 0.16. Occidental Petroleum has a 1 year low of $38.80 and a 1 year high of $67.45. The company has a quick ratio of 1.13, a current ratio of 1.38 and a debt-to-equity ratio of 0.33. The firm has a fifty day moving average of $59.84 and a 200 day moving average of $56.48.

Read Our Latest Research Report on OXY

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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