Hydrogen Stocks To Keep An Eye On – May 11th

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 publicly traded companies involved in producing, storing, transporting or converting hydrogen into energy—ranging from electrolyzer and fuel-cell manufacturers to pipeline operators and industrial gas suppliers. Investing in these stocks gives exposure to the emerging hydrogen economy, which aims to decarbonize transport, power generation and heavy industry by using low-carbon or green hydrogen as a clean energy carrier. 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.

Exxon Mobil stock traded up $1.31 during trading hours on Friday, reaching $107.38. 10,988,611 shares of the stock were exchanged, compared to its average volume of 15,586,857. The firm’s 50 day moving average is $108.97 and its 200 day moving average is $111.15. Exxon Mobil has a 52-week low of $97.80 and a 52-week high of $126.34. The stock has a market cap of $464.45 billion, a P/E ratio of 13.70, a P/E/G ratio of 3.02 and a beta of 0.51. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31.

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, hitting $29.77. The company had a trading volume of 19,484,743 shares, compared to its average volume of 9,739,208. The firm has a market capitalization of $80.82 billion, a price-to-earnings ratio of 372.17, a price-to-earnings-growth ratio of 1.12 and a beta of 0.51. The company has a quick ratio of 0.97, a current ratio of 1.25 and a debt-to-equity ratio of 0.70. The business has a 50-day simple moving average of $30.34 and a two-hundred day simple moving average of $30.60. BP has a twelve month low of $25.22 and a twelve month high of $38.16.

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.

LIN traded down $0.67 during midday trading on Friday, reaching $452.56. 1,058,910 shares of the company’s stock were exchanged, compared to its average volume of 1,935,356. The stock has a market capitalization of $213.03 billion, a PE ratio of 33.25, a P/E/G ratio of 3.08 and a beta of 1.00. The business’s 50-day moving average price is $452.15 and its 200 day moving average price is $448.35. Linde has a 1-year low of $408.65 and a 1-year high of $487.49. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.89 and a quick ratio of 0.76.