Best Hydrogen Stocks To Watch Now – February 03rd

Exxon Mobil, BP, Linde, Energy Transfer, and NuScale Power are the five Hydrogen stocks to watch today, according to MarketBeat’s stock screener tool. Hydrogen stocks refer to shares of companies that are involved in producing, distributing, or utilizing hydrogen as a clean energy source. These stocks are typically associated with the growing hydrogen economy and are sought after by investors looking to participate in the transition to a more sustainable energy sector. 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 $0.58 during mid-day trading on Monday, reaching $106.25. 6,903,191 shares of the company traded hands, compared to its average volume of 14,966,984. Exxon Mobil has a 52-week low of $100.42 and a 52-week high of $126.34. The company has a market capitalization of $466.99 billion, a P/E ratio of 13.55, a P/E/G ratio of 2.79 and a beta of 0.89. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The company has a fifty day moving average price of $110.36 and a 200-day moving average price of $115.21.

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.

NYSE:BP traded down $0.22 during mid-day trading on Monday, hitting $30.84. 13,796,439 shares of the stock traded hands, compared to its average volume of 9,659,606. BP has a 12-month low of $27.82 and a 12-month high of $40.40. The company has a quick ratio of 0.94, a current ratio of 1.22 and a debt-to-equity ratio of 0.66. The company has a market cap of $83.24 billion, a PE ratio of 32.46, a price-to-earnings-growth ratio of 2.20 and a beta of 0.64. The business’s 50-day moving average price is $30.11 and its 200 day moving average price is $31.47.

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 LIN traded up $4.96 during mid-day trading on Monday, reaching $451.08. 881,679 shares of the stock traded hands, compared to its average volume of 2,296,796. The company has a current ratio of 0.96, a quick ratio of 0.81 and a debt-to-equity ratio of 0.43. Linde has a 1 year low of $396.07 and a 1 year high of $487.49. The company has a market cap of $214.79 billion, a price-to-earnings ratio of 34.30, a price-to-earnings-growth ratio of 2.77 and a beta of 0.94. The firm has a fifty day moving average price of $434.54 and a 200 day moving average price of $453.31.

Energy Transfer (ET)

Energy Transfer LP provides energy-related services. The company owns and operates natural gas transportation pipeline, and natural gas storage facilities in Texas and Oklahoma; and approximately 20,090 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users.

Energy Transfer stock traded up $0.29 during midday trading on Monday, hitting $20.77. 11,199,193 shares of the company’s stock were exchanged, compared to its average volume of 17,715,939. The company has a market cap of $71.11 billion, a P/E ratio of 15.28, a PEG ratio of 0.54 and a beta of 1.69. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.88 and a current ratio of 1.08. The stock has a 50-day moving average price of $19.59 and a two-hundred day moving average price of $17.51. Energy Transfer has a 52-week low of $13.79 and a 52-week high of $21.45.

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 traded down $0.54 during trading hours on Monday, reaching $23.30. 9,224,706 shares of the company’s stock traded hands, compared to its average volume of 12,355,840. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 0.26. The firm’s 50 day simple moving average is $22.44 and its 200-day simple moving average is $16.72. The stock has a market cap of $5.95 billion, a PE ratio of -24.56 and a beta of 1.51. NuScale Power has a 12 month low of $2.45 and a 12 month high of $32.30.