Promising Hydrogen Stocks To Watch Now – May 2nd

Exxon Mobil, Shell, Linde, Ingersoll Rand, BP, Air Products and Chemicals, and Cummins are the seven Hydrogen stocks to watch today, according to MarketBeat’s stock screener tool. Hydrogen stocks are equity shares in companies whose core business involves producing, storing, distributing or using hydrogen as a clean-energy carrier. This universe includes manufacturers of electrolyzers and fuel cells, developers of hydrogen refueling infrastructure, and service providers in the emerging “hydrogen economy.” Investors follow these stocks to gain exposure to the transition toward low-carbon energy, though technology costs, policy support and infrastructure build-out remain key risk factors. 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 down $0.29 during midday trading on Friday, reaching $105.49. The stock had a trading volume of 8,199,371 shares, compared to its average volume of 15,776,986. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $456.28 billion, a PE ratio of 13.46, a P/E/G ratio of 3.02 and a beta of 0.61. Exxon Mobil has a 12 month low of $97.80 and a 12 month high of $126.34. The firm’s 50-day moving average price is $109.44 and its 200 day moving average price is $111.83.

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 up $1.41 during midday trading on Friday, hitting $66.21. The company’s stock had a trading volume of 4,119,319 shares, compared to its average volume of 4,312,141. The stock has a fifty day moving average price of $66.91 and a 200 day moving average price of $65.90. The firm has a market capitalization of $199.16 billion, a price-to-earnings ratio of 13.20, a P/E/G ratio of 0.98 and a beta of 0.27. Shell has a one year low of $58.55 and a one year high of $74.61. The company has a current ratio of 1.35, a quick ratio of 1.10 and a debt-to-equity ratio of 0.36.

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 stock traded up $8.68 during midday trading on Friday, reaching $456.73. 471,077 shares of the company’s stock traded hands, compared to its average volume of 1,948,353. Linde has a 52 week low of $408.65 and a 52 week high of $487.49. The company has a 50-day moving average price of $453.54 and a two-hundred day moving average price of $449.88. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.76 and a current ratio of 0.89. The firm has a market capitalization of $215.99 billion, a PE ratio of 33.56, a price-to-earnings-growth ratio of 3.08 and a beta of 1.00.

Ingersoll Rand (IR)

Ingersoll Rand Inc. provides various mission-critical air, gas, liquid, and solid flow creation technologies services and solutions worldwide. It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment designs, manufactures, markets, and services air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services under the under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle brands, etc.

Shares of NYSE:IR traded up $0.41 during midday trading on Friday, reaching $76.62. 2,584,254 shares of the company traded hands, compared to its average volume of 2,603,645. Ingersoll Rand has a 12 month low of $65.61 and a 12 month high of $106.03. The firm’s fifty day moving average price is $77.70 and its two-hundred day moving average price is $89.52. The company has a quick ratio of 1.71, a current ratio of 2.29 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $30.88 billion, a price-to-earnings ratio of 37.30, a price-to-earnings-growth ratio of 3.50 and a beta of 1.40.

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.

NYSE:BP traded up $0.08 during mid-day trading on Friday, hitting $27.96. 6,222,239 shares of the stock traded hands, compared to its average volume of 9,559,300. BP has a 12-month low of $25.22 and a 12-month high of $39.48. 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 company has a market cap of $75.92 billion, a PE ratio of 349.49, a price-to-earnings-growth ratio of 1.12 and a beta of 0.41. The business’s 50-day moving average price is $30.80 and its 200 day moving average price is $30.71.

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 Air Products and Chemicals stock traded up $9.18 on Friday, hitting $281.34. 594,293 shares of the company traded hands, compared to its average volume of 1,480,964. The company has a current ratio of 1.11, a quick ratio of 0.96 and a debt-to-equity ratio of 0.71. The company has a market cap of $62.59 billion, a P/E ratio of 16.33, a P/E/G ratio of 3.07 and a beta of 0.89. The firm’s 50-day simple moving average is $284.40 and its 200 day simple moving average is $304.09. Air Products and Chemicals has a 12-month low of $235.14 and a 12-month high of $341.14.

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 $5.79 during mid-day trading on Friday, reaching $300.67. The company’s stock had a trading volume of 532,781 shares, compared to its average volume of 804,463. Cummins has a 52 week low of $260.02 and a 52 week high of $387.90. The stock has a market cap of $41.42 billion, a PE ratio of 10.70, a P/E/G ratio of 2.19 and a beta of 1.02. The company’s fifty day moving average price is $311.69 and its two-hundred day moving average price is $342.61. The company has a current ratio of 1.31, a quick ratio of 0.80 and a debt-to-equity ratio of 0.42.