Best Hydrogen Stocks To Add to Your Watchlist – August 9th

Exxon Mobil, NuScale Power, CF Industries, Linde, Air Products and Chemicals, Cummins, and Shell are the seven Hydrogen stocks to watch today, according to MarketBeat’s stock screener tool. Hydrogen stocks are equities of companies involved in producing, storing, distributing or using hydrogen as an energy carrier. They typically include firms that manufacture electrolyzers, fuel cells, hydrogen refueling stations and related infrastructure. Investors buy these shares to gain exposure to the emerging hydrogen economy and its potential role in decarbonizing industries and transportation. 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 $0.84 during trading hours on Friday, hitting $106.79. The company’s stock had a trading volume of 14,412,764 shares, compared to its average volume of 15,455,899. The business’s 50-day moving average is $109.89 and its two-hundred day moving average is $108.97. The company has a market capitalization of $455.27 billion, a PE ratio of 15.17, a PEG ratio of 1.99 and a beta of 0.53. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.88 and a current ratio of 1.25. Exxon Mobil has a 52-week low of $97.80 and a 52-week high of $126.34.

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.

Shares of SMR stock traded down $5.19 during mid-day trading on Friday, reaching $39.49. The stock had a trading volume of 21,633,175 shares, compared to its average volume of 14,126,357. NuScale Power has a 12-month low of $6.88 and a 12-month high of $53.50. The company has a market cap of $11.23 billion, a P/E ratio of -33.18 and a beta of 2.06. The business has a 50-day simple moving average of $40.81 and a 200 day simple moving average of $26.99.

CF Industries (CF)

CF Industries Holdings, Inc., together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.

Shares of CF stock traded down $2.21 during mid-day trading on Friday, reaching $80.68. The stock had a trading volume of 5,730,841 shares, compared to its average volume of 2,438,639. CF Industries has a 12-month low of $67.34 and a 12-month high of $104.45. The company has a market cap of $13.68 billion, a P/E ratio of 10.53 and a beta of 0.94. The business has a 50-day simple moving average of $93.88 and a 200 day simple moving average of $85.47. The company has a current ratio of 3.22, a quick ratio of 2.22 and a debt-to-equity ratio of 0.38.

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 LIN stock traded up $2.99 during mid-day trading on Friday, reaching $472.42. The stock had a trading volume of 939,239 shares, compared to its average volume of 1,504,921. Linde has a 12-month low of $408.65 and a 12-month high of $487.49. The company has a market cap of $221.52 billion, a P/E ratio of 33.60, a price-to-earnings-growth ratio of 3.10 and a beta of 0.92. The business has a 50-day simple moving average of $467.81 and a 200 day simple moving average of $458.76. The company has a current ratio of 0.93, a quick ratio of 0.78 and a debt-to-equity ratio of 0.49.

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.

Shares of APD traded down $0.01 during trading hours on Friday, reaching $288.55. 1,372,207 shares of the company traded hands, compared to its average volume of 932,117. The company has a quick ratio of 1.12, a current ratio of 1.29 and a debt-to-equity ratio of 0.93. The stock has a market capitalization of $64.22 billion, a PE ratio of 41.52, a price-to-earnings-growth ratio of 6.44 and a beta of 0.81. Air Products and Chemicals has a fifty-two week low of $243.69 and a fifty-two week high of $341.14. The stock has a fifty day simple moving average of $286.59 and a 200 day simple moving average of $289.60.

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 up $2.96 during trading hours on Friday, reaching $387.57. 932,746 shares of the company traded hands, compared to its average volume of 1,043,067. The company has a quick ratio of 0.81, a current ratio of 1.64 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $53.40 billion, a PE ratio of 18.22, a price-to-earnings-growth ratio of 1.90 and a beta of 1.02. Cummins has a fifty-two week low of $260.02 and a fifty-two week high of $391.56. The stock has a fifty day simple moving average of $339.84 and a 200 day simple moving average of $331.71.

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 SHEL traded up $0.27 during trading hours on Friday, reaching $71.64. 3,839,707 shares of the company traded hands, compared to its average volume of 4,254,761. The company has a quick ratio of 1.07, a current ratio of 1.32 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $211.78 billion, a PE ratio of 16.14, a price-to-earnings-growth ratio of 1.90 and a beta of 0.44. Shell has a fifty-two week low of $58.54 and a fifty-two week high of $74.18. The stock has a fifty day simple moving average of $71.01 and a 200 day simple moving average of $68.15.