Promising Hydrogen Stocks To Add to Your Watchlist – March 23rd

Exxon Mobil, Linde, BP, Air Products and Chemicals, and CF Industries are the five Hydrogen stocks to watch today, according to MarketBeat’s stock screener tool. Hydrogen stocks represent shares in companies that are involved in all aspects of hydrogen energy, including its production, storage, and use in fuel cell technology. These companies play an important role in the renewable energy sector, as hydrogen is increasingly seen as a key component in reducing carbon emissions and transitioning to sustainable energy systems. 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 NYSE XOM traded down $0.60 during midday trading on Friday, reaching $115.30. The company had a trading volume of 41,069,424 shares, compared to its average volume of 14,964,797. The stock has a market cap of $500.29 billion, a PE ratio of 14.71, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83. Exxon Mobil has a one year low of $103.67 and a one year high of $126.34. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The firm’s fifty day moving average price is $110.09 and its 200-day moving average price is $113.57.

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 $0.58 during midday trading on Friday, hitting $458.33. 4,967,504 shares of the stock traded hands, compared to its average volume of 1,723,335. The company has a quick ratio of 0.76, a current ratio of 0.89 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $216.75 billion, a PE ratio of 33.68, a P/E/G ratio of 3.08 and a beta of 0.94. Linde has a one year low of $410.69 and a one year high of $487.49. The business’s 50 day moving average is $452.96 and its two-hundred day moving average is $454.35.

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.

BP stock traded down $0.16 during mid-day trading on Friday, reaching $34.60. 40,923,538 shares of the company traded hands, compared to its average volume of 9,193,743. The firm’s 50 day moving average price is $32.70 and its 200 day moving average price is $31.26. The firm has a market capitalization of $92.62 billion, a price-to-earnings ratio of 432.49, a P/E/G ratio of 1.12 and a beta of 0.58. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.25 and a quick ratio of 0.97. BP has a 52-week low of $27.82 and a 52-week high of $40.40.

Air Products and Chemicals (APD)

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.

Shares of NYSE APD traded down $1.58 during mid-day trading on Friday, hitting $291.35. 2,875,078 shares of the stock traded hands, compared to its average volume of 1,415,639. Air Products and Chemicals has a 52 week low of $227.53 and a 52 week high of $341.14. The company has a market cap of $64.82 billion, a price-to-earnings ratio of 16.92, a PEG ratio of 3.07 and a beta of 0.85. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.96 and a current ratio of 1.11. The stock has a fifty day moving average price of $313.19 and a 200-day moving average price of $308.45.

CF Industries (CF)

CF Industries Holdings, Inc., together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.

Shares of CF Industries stock traded down $0.04 during midday trading on Friday, hitting $76.88. The company had a trading volume of 7,513,372 shares, compared to its average volume of 2,020,130. The company has a 50 day moving average of $84.43 and a 200 day moving average of $85.15. The stock has a market capitalization of $13.03 billion, a P/E ratio of 11.36, a P/E/G ratio of 0.37 and a beta of 0.99. CF Industries has a 52-week low of $69.13 and a 52-week high of $98.25. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08.