Promising Hydrogen Stocks To Follow Today – July 16th

Exxon Mobil, NuScale Power, Linde, Shell, Cummins, Energy Transfer, and Air Products and Chemicals are the seven Hydrogen stocks to watch today, according to MarketBeat’s stock screener tool. Hydrogen stocks are shares of publicly traded companies whose core businesses involve the production, storage, distribution or utilization of hydrogen as an energy carrier. They include firms developing electrolysis and reforming technologies, fuel-cell manufacturers and infrastructure providers aiming to support a low-carbon hydrogen economy. Investors use them to gain exposure to the potential growth of hydrogen as a clean-energy solution, though they carry risks related to technology development, regulatory support and market adoption. 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.

NYSE XOM traded up $0.06 during trading hours on Wednesday, reaching $112.97. The company’s stock had a trading volume of 3,932,693 shares, compared to its average volume of 15,749,724. The firm has a fifty day simple moving average of $108.39 and a 200-day simple moving average of $108.89. The stock has a market cap of $486.87 billion, a P/E ratio of 14.98, a P/E/G ratio of 2.18 and a beta of 0.50. Exxon Mobil has a 52 week low of $97.80 and a 52 week 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.

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.

NYSE SMR traded up $0.74 during trading hours on Wednesday, reaching $43.72. The company’s stock had a trading volume of 9,028,483 shares, compared to its average volume of 9,976,761. The firm has a fifty day simple moving average of $32.97 and a 200-day simple moving average of $23.69. The stock has a market cap of $12.43 billion, a P/E ratio of -31.83 and a beta of 2.04. NuScale Power has a 52 week low of $6.88 and a 52 week high of $45.31.

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 $1.81 during trading hours on Wednesday, reaching $458.76. The company’s stock had a trading volume of 553,448 shares, compared to its average volume of 1,967,080. The firm has a fifty day simple moving average of $464.04 and a 200-day simple moving average of $453.41. The stock has a market cap of $215.95 billion, a P/E ratio of 33.32, a P/E/G ratio of 3.31 and a beta of 0.96. Linde has a 52 week low of $408.65 and a 52 week high of $487.49. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.94 and a quick ratio of 0.80.

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 up $0.40 during trading hours on Wednesday, reaching $70.80. The company’s stock had a trading volume of 2,526,543 shares, compared to its average volume of 4,491,212. The firm has a fifty day simple moving average of $69.08 and a 200-day simple moving average of $67.33. The stock has a market cap of $210.50 billion, a P/E ratio of 16.31, a P/E/G ratio of 1.95 and a beta of 0.40. Shell has a 52 week low of $58.55 and a 52 week high of $74.46. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.32 and a quick ratio of 1.08.

Cummins (CMI)

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers parts and services, as well as remanufactured parts and engines.

NYSE:CMI traded up $2.34 on Wednesday, reaching $344.28. 417,017 shares of the stock traded hands, compared to its average volume of 776,109. The firm has a market capitalization of $47.43 billion, a price-to-earnings ratio of 17.13, a price-to-earnings-growth ratio of 2.05 and a beta of 1.03. The company’s 50 day moving average is $325.06 and its 200-day moving average is $330.76. The company has a current ratio of 1.34, a quick ratio of 0.81 and a debt-to-equity ratio of 0.40. Cummins has a 1-year low of $260.02 and a 1-year high of $387.90.

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.

NYSE:ET traded down $0.05 on Wednesday, reaching $17.55. 7,883,145 shares of the stock traded hands, compared to its average volume of 15,731,427. The firm has a market capitalization of $60.21 billion, a price-to-earnings ratio of 13.29, a price-to-earnings-growth ratio of 0.55 and a beta of 0.79. The company’s 50 day moving average is $17.81 and its 200-day moving average is $18.39. The company has a current ratio of 1.12, a quick ratio of 0.92 and a debt-to-equity ratio of 1.41. Energy Transfer has a 1-year low of $14.60 and a 1-year high of $21.45.

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.

NYSE:APD traded up $1.75 on Wednesday, reaching $288.40. 423,067 shares of the stock traded hands, compared to its average volume of 1,354,562. The firm has a market capitalization of $64.18 billion, a price-to-earnings ratio of 41.97, a price-to-earnings-growth ratio of 5.58 and a beta of 0.85. The company’s 50 day moving average is $279.56 and its 200-day moving average is $290.15. The company has a current ratio of 1.00, a quick ratio of 0.85 and a debt-to-equity ratio of 0.85. Air Products and Chemicals has a 1-year low of $243.69 and a 1-year high of $341.14.