Promising Hydrogen Stocks To Consider - August 3rd

Key Points

• Hydrogen stocks to watch include Exxon Mobil, NuScale Power, Fluor, Linde, Ingersoll Rand, Bloom Energy, and Shell, reflecting significant trading volumes in the emerging hydrogen economy.
• Exxon Mobil has a market cap of $472.38 billion and its stock price is down to $109.61 with a 52-week high of $126.34.
• NuScale Power focuses on modular nuclear power plants and has a market cap of $12.64 billion, trading at $44.45 after a recent drop.

Exxon Mobil, NuScale Power, Fluor, Linde, Ingersoll Rand, Bloom Energy, and Shell are the seven Hydrogen stocks to watch today, according to MarketBeat's stock screener tool. Hydrogen stocks are shares of companies involved in the development, production, storage, distribution or utilization of hydrogen as a clean energy carrier. By investing in these equities, shareholders gain exposure to the emerging hydrogen economy, which aims to decarbonize transportation, industry and power generation through low-carbon or green hydrogen technologies. 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 stock traded down $2.03 on Friday, reaching $109.61. The company's stock had a trading volume of 19,647,904 shares, compared to its average volume of 13,955,870. Exxon Mobil has a 52 week low of $97.80 and a 52 week high of $126.34. The company has a market capitalization of $472.38 billion, a P/E ratio of 15.57, a price-to-earnings-growth ratio of 2.06 and a beta of 0.53. The firm has a fifty day moving average of $109.48 and a two-hundred day moving average of $109.13. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.24 and a quick ratio of 0.90.

Read Our Latest Research Report on XOM

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.

SMR stock traded down $5.76 on Friday, reaching $44.45. The company's stock had a trading volume of 26,301,769 shares, compared to its average volume of 11,693,447. NuScale Power has a 52 week low of $6.88 and a 52 week high of $53.50. The company has a market capitalization of $12.64 billion, a P/E ratio of -32.45 and a beta of 2.06. The firm has a fifty day moving average of $39.77 and a two-hundred day moving average of $26.28.

Read Our Latest Research Report on SMR

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.

FLR stock traded down $15.31 on Friday, reaching $41.46. The company's stock had a trading volume of 25,535,948 shares, compared to its average volume of 2,757,772. Fluor has a 52 week low of $29.20 and a 52 week high of $60.10. The company has a market capitalization of $6.83 billion, a P/E ratio of 1.71, a price-to-earnings-growth ratio of 1.99 and a beta of 1.43. The firm has a fifty day moving average of $49.91 and a two-hundred day moving average of $42.92. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.74 and a quick ratio of 1.74.

Read Our Latest Research Report on FLR

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.

NASDAQ LIN traded down $0.85 on Friday, reaching $459.41. 2,219,331 shares of the stock traded hands, compared to its average volume of 1,481,246. The firm's fifty day simple moving average is $467.15 and its 200 day simple moving average is $457.76. The company has a quick ratio of 0.80, a current ratio of 0.94 and a debt-to-equity ratio of 0.45. The company has a market cap of $216.26 billion, a price-to-earnings ratio of 32.67, a P/E/G ratio of 3.24 and a beta of 0.92. Linde has a 12 month low of $408.65 and a 12 month high of $487.49.

Read Our Latest Research Report on LIN

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.

NYSE IR traded down $9.54 on Friday, reaching $75.09. 12,246,097 shares of the stock traded hands, compared to its average volume of 2,696,997. The firm's fifty day simple moving average is $84.19 and its 200 day simple moving average is $82.83. The company has a quick ratio of 1.76, a current ratio of 2.38 and a debt-to-equity ratio of 0.45. The company has a market cap of $30.30 billion, a price-to-earnings ratio of 58.66, a P/E/G ratio of 3.15 and a beta of 1.41. Ingersoll Rand has a 12 month low of $65.61 and a 12 month high of $106.03.

Read Our Latest Research Report on IR

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 $0.55 on Friday, reaching $36.84. 17,494,831 shares of the stock traded hands, compared to its average volume of 11,077,698. The firm's fifty day simple moving average is $24.52 and its 200 day simple moving average is $22.47. The company has a quick ratio of 2.39, a current ratio of 3.44 and a debt-to-equity ratio of 2.07. The company has a market cap of $8.56 billion, a price-to-earnings ratio of 921.23 and a beta of 3.28. Bloom Energy has a 12 month low of $9.02 and a 12 month high of $39.09.

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.

NYSE SHEL traded down $0.22 on Friday, reaching $71.99. 5,434,117 shares of the stock traded hands, compared to its average volume of 3,994,919. The firm's fifty day simple moving average is $70.45 and its 200 day simple moving average is $67.98. The company has a quick ratio of 1.08, a current ratio of 1.32 and a debt-to-equity ratio of 0.36. The company has a market cap of $212.81 billion, a price-to-earnings ratio of 16.21, a P/E/G ratio of 2.09 and a beta of 0.44. Shell has a 12 month low of $58.54 and a 12 month high of $74.18.

Read Our Latest Research Report on SHEL

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