Promising Hydrogen Stocks To Watch Today - July 23rd

Exxon Mobil, NuScale Power, Linde, BP, and Shell are the five Hydrogen stocks to watch today, according to MarketBeat's stock screener tool. Hydrogen stocks are shares of publicly traded companies involved in the production, storage, distribution or utilization of hydrogen as an energy carrier. They encompass firms developing “green” hydrogen via electrolysis powered by renewables, “blue” hydrogen produced from natural gas with carbon capture, and manufacturers of hydrogen fuel cells and related infrastructure. Investors view them as a way to gain exposure to the emerging role of hydrogen in decarbonizing transportation, industry and power generation. 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.

Shares of XOM traded up $1.31 during midday trading on Wednesday, hitting $109.85. 5,951,832 shares of the company traded hands, compared to its average volume of 15,834,849. Exxon Mobil has a one year low of $97.80 and a one year high of $126.34. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.24 and a quick ratio of 0.90. The firm has a market cap of $473.41 billion, a P/E ratio of 14.55, a PEG ratio of 2.01 and a beta of 0.50. The stock has a 50-day moving average of $108.66 and a 200-day moving average of $108.98.

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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 up $1.11 during midday trading on Wednesday, hitting $45.55. The company had a trading volume of 8,963,656 shares, compared to its average volume of 10,104,768. The stock's 50 day moving average price is $34.82 and its 200 day moving average price is $24.36. NuScale Power has a 52 week low of $6.88 and a 52 week high of $50.94. The stock has a market cap of $12.96 billion, a price-to-earnings ratio of -33.16 and a beta of 2.04.

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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.

LIN traded down $0.42 during trading on Wednesday, reaching $471.60. The stock had a trading volume of 468,119 shares, compared to its average volume of 1,971,883. Linde has a one year low of $408.65 and a one year high of $487.49. The company has a current ratio of 0.94, a quick ratio of 0.80 and a debt-to-equity ratio of 0.45. The stock's 50 day moving average is $464.65 and its two-hundred day moving average is $454.60. The company has a market capitalization of $221.99 billion, a price-to-earnings ratio of 34.25, a P/E/G ratio of 3.32 and a beta of 0.96.

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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 $0.44 during trading hours on Wednesday, reaching $32.96. 6,238,404 shares of the stock traded hands, compared to its average volume of 10,258,180. BP has a one year low of $25.22 and a one year high of $35.56. The company has a quick ratio of 0.92, a current ratio of 1.22 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $87.40 billion, a price-to-earnings ratio of -71.44, a P/E/G ratio of 1.94 and a beta of 0.54. The company has a 50 day moving average price of $30.39 and a 200 day moving average price of $30.97.

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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.

Shares of NYSE SHEL traded up $1.55 during trading hours on Wednesday, hitting $72.70. 2,601,167 shares of the company traded hands, compared to its average volume of 4,508,810. Shell has a 12 month low of $58.55 and a 12 month high of $74.46. The stock has a market capitalization of $214.92 billion, a price-to-earnings ratio of 16.72, a price-to-earnings-growth ratio of 2.04 and a beta of 0.40. The company's 50 day moving average price is $69.47 and its 200 day moving average price is $67.57. The company has a current ratio of 1.32, a quick ratio of 1.08 and a debt-to-equity ratio of 0.36.

Read Our Latest Research Report on SHEL