Hydrogen Stocks To Add to Your Watchlist – May 10th

Exxon Mobil, BP, and Linde are the three Hydrogen stocks to watch today, according to MarketBeat’s stock screener tool. Hydrogen stocks are shares of companies involved in the production, infrastructure and end-use technologies for hydrogen as an energy carrier—ranging from green hydrogen electrolyzers and blue hydrogen plants with carbon capture to fuel cells and storage systems. Investors buy these equities to gain exposure to the anticipated growth of a low-carbon economy, driven by decarbonization policies and advances in clean-energy technology. 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 up $1.31 during mid-day trading on Friday, reaching $107.38. The stock had a trading volume of 10,988,611 shares, compared to its average volume of 15,579,102. The company has a market cap of $464.45 billion, a P/E ratio of 13.70, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. The business’s 50 day moving average price is $108.97 and its 200 day moving average price is $111.21. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. Exxon Mobil has a 1 year low of $97.80 and a 1 year high of $126.34.

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 NYSE BP traded up $1.18 during midday trading on Friday, reaching $29.77. 19,484,743 shares of the stock traded hands, compared to its average volume of 9,724,913. The company’s 50 day moving average is $30.34 and its 200 day moving average is $30.61. BP has a one year low of $25.22 and a one year high of $38.44. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.25 and a quick ratio of 0.97. The stock has a market capitalization of $80.82 billion, a PE ratio of 372.17, a P/E/G ratio of 1.12 and a beta of 0.51.

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.

Linde stock traded down $0.67 during mid-day trading on Friday, reaching $452.56. 1,058,910 shares of the company’s stock traded hands, compared to its average volume of 1,932,553. Linde has a 12-month low of $408.65 and a 12-month high of $487.49. The company has a market cap of $213.03 billion, a price-to-earnings ratio of 33.25, a PEG ratio of 3.08 and a beta of 1.00. The stock has a 50 day moving average of $452.15 and a two-hundred day moving average of $448.55. The company has a quick ratio of 0.76, a current ratio of 0.89 and a debt-to-equity ratio of 0.39.