Promising Hydrogen Stocks To Consider – March 5th

Exxon Mobil, Linde, Air Products and Chemicals, Energy Transfer, BP, Cummins, and Shell are the seven Hydrogen stocks to watch today, according to MarketBeat’s stock screener tool. Hydrogen stocks are shares of companies that focus on the production, development, and commercialization of hydrogen-based energy technologies and infrastructure. These companies span the hydrogen value chain—from production and extraction to storage, distribution, and the deployment of fuel cells—and are viewed as key players in the emerging clean energy economy. 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 Exxon Mobil stock traded down $3.05 on Wednesday, hitting $104.49. The company’s stock had a trading volume of 9,738,839 shares, compared to its average volume of 14,933,088. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. Exxon Mobil has a 52-week low of $103.69 and a 52-week high of $126.34. The company has a market capitalization of $453.41 billion, a P/E ratio of 13.33, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89. The firm has a fifty day moving average price of $109.00 and a 200-day moving average price of $114.04.

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 $6.02 on Wednesday, hitting $467.37. The company had a trading volume of 703,574 shares, compared to its average volume of 2,278,726. Linde has a 52-week low of $410.69 and a 52-week high of $487.49. The company has a market cap of $221.02 billion, a PE ratio of 34.34, a PEG ratio of 3.08 and a beta of 0.94. The business has a 50 day moving average of $442.19 and a 200 day moving average of $455.07. The company has a current ratio of 0.89, a quick ratio of 0.76 and a debt-to-equity ratio of 0.39.

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.

APD traded up $5.55 during trading on Wednesday, hitting $310.90. The company’s stock had a trading volume of 954,667 shares, compared to its average volume of 1,638,787. Air Products and Chemicals has a twelve month low of $227.53 and a twelve month high of $341.14. The stock has a market cap of $69.17 billion, a PE ratio of 18.05, a PEG ratio of 3.07 and a beta of 0.85. The firm’s 50 day moving average price is $310.52 and its 200-day moving average price is $306.62. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.11 and a quick ratio of 0.96.

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.

ET traded down $0.37 during midday trading on Wednesday, hitting $18.10. The company’s stock had a trading volume of 14,446,855 shares, compared to its average volume of 17,133,729. Energy Transfer has a 52-week low of $14.87 and a 52-week high of $21.45. The company has a current ratio of 1.12, a quick ratio of 0.88 and a debt-to-equity ratio of 1.42. The firm has a 50-day moving average price of $19.90 and a two-hundred day moving average price of $18.08. The firm has a market cap of $62.09 billion, a P/E ratio of 14.13, a PEG ratio of 0.64 and a beta of 1.69.

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 traded up $0.21 on Wednesday, reaching $31.65. 5,420,777 shares of the company’s stock were exchanged, compared to its average volume of 12,125,341. The company has a market cap of $84.74 billion, a price-to-earnings ratio of 395.91, a PEG ratio of 1.12 and a beta of 0.64. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.97 and a current ratio of 1.25. BP has a twelve month low of $27.82 and a twelve month high of $40.40. The company’s 50 day moving average is $31.93 and its 200-day moving average is $31.32.

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.

Shares of CMI traded down $1.81 during mid-day trading on Wednesday, reaching $345.51. 481,741 shares of the stock traded hands, compared to its average volume of 824,497. The firm has a market cap of $47.50 billion, a price-to-earnings ratio of 12.25, a P/E/G ratio of 2.19 and a beta of 1.00. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.42. The stock has a fifty day simple moving average of $362.28 and a 200 day simple moving average of $345.62. Cummins has a 12-month low of $260.88 and a 12-month high of $387.90.

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 down $0.48 during midday trading on Wednesday, reaching $65.72. 2,528,252 shares of the company traded hands, compared to its average volume of 4,108,469. The stock has a 50-day moving average price of $65.69 and a 200 day moving average price of $66.50. The company has a market cap of $199.88 billion, a price-to-earnings ratio of 13.11, a PEG ratio of 0.98 and a beta of 0.47. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.35 and a quick ratio of 1.10. Shell has a 52 week low of $60.15 and a 52 week high of $74.61.