Promising Energy Stocks To Consider – May 11th

Tesla, Broadcom, NextEra Energy, Exxon Mobil, and GE Vernova are the five Energy stocks to watch today, according to MarketBeat’s stock screener tool. Energy stocks are shares of companies involved in the exploration, production, distribution and servicing of energy resources—such as oil, natural gas, coal and renewables. Their performance is driven largely by commodity price fluctuations, global demand trends and regulatory or geopolitical developments within the energy sector. These companies had the highest dollar trading volume of any Energy stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Shares of NASDAQ:TSLA traded up $13.23 during trading on Friday, reaching $298.05. 132,028,653 shares of the company were exchanged, compared to its average volume of 96,242,957. The business’s fifty day simple moving average is $258.65 and its 200-day simple moving average is $327.43. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.02 and a quick ratio of 1.61. Tesla has a 12-month low of $167.41 and a 12-month high of $488.54. The firm has a market capitalization of $960.01 billion, a PE ratio of 146.10, a P/E/G ratio of 5.86 and a beta of 2.43.

Broadcom (AVGO)

Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.

AVGO traded up $0.49 during trading on Friday, hitting $208.26. 13,277,754 shares of the stock were exchanged, compared to its average volume of 31,261,064. Broadcom has a 1 year low of $128.50 and a 1 year high of $251.88. The firm has a market cap of $979.23 billion, a price-to-earnings ratio of 169.87, a P/E/G ratio of 2.29 and a beta of 1.04. The firm has a 50 day simple moving average of $182.95 and a 200 day simple moving average of $197.50. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.07 and a current ratio of 1.17.

NextEra Energy (NEE)

NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.

Shares of NextEra Energy stock traded up $2.05 during trading on Friday, hitting $70.37. 17,324,949 shares of the stock traded hands, compared to its average volume of 10,763,280. NextEra Energy has a 52-week low of $61.72 and a 52-week high of $86.10. The stock’s fifty day simple moving average is $68.73 and its 200 day simple moving average is $71.55. The firm has a market cap of $144.87 billion, a P/E ratio of 20.88, a price-to-earnings-growth ratio of 2.45 and a beta of 0.69. The company has a current ratio of 0.47, a quick ratio of 0.38 and a debt-to-equity ratio of 1.20.

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

GE Vernova (GEV)

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.

NYSE:GEV traded up $4.03 during trading hours on Friday, reaching $398.03. The company’s stock had a trading volume of 2,383,020 shares, compared to its average volume of 3,314,351. The company has a market capitalization of $108.64 billion and a P/E ratio of 71.59. The stock has a 50 day moving average price of $330.33 and a two-hundred day moving average price of $341.03. GE Vernova has a 12 month low of $150.01 and a 12 month high of $447.50.