Promising Hydrogen Stocks Worth Watching – June 18th

Exxon Mobil, NuScale Power, and CF Industries are the three Hydrogen stocks to watch today, according to MarketBeat’s stock screener tool. Hydrogen stocks are shares in companies that produce, store, distribute or utilize hydrogen as an energy carrier—ranging from fuel-cell manufacturers and electrolyzer producers to storage and transport firms. They offer investors exposure to the emerging hydrogen economy, which aims to deliver low-carbon alternatives for power generation, transportation and industrial processes as part of the global clean-energy transition. 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 down $0.04 during midday trading on Wednesday, hitting $113.96. The company had a trading volume of 7,488,879 shares, compared to its average volume of 15,682,738. The firm has a fifty day simple moving average of $105.91 and a two-hundred day simple moving average of $108.66. Exxon Mobil has a fifty-two week low of $97.80 and a fifty-two week high of $126.34. The company has a quick ratio of 0.90, a current ratio of 1.24 and a debt-to-equity ratio of 0.12. The stock has a market cap of $491.14 billion, a price-to-earnings ratio of 15.12, a P/E/G ratio of 2.25 and a beta of 0.49.

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 NYSE SMR traded up $0.70 during mid-day trading on Wednesday, hitting $39.94. The company had a trading volume of 5,925,831 shares, compared to its average volume of 9,625,690. NuScale Power has a 12 month low of $6.88 and a 12 month high of $45.31. The firm has a market cap of $11.36 billion, a P/E ratio of -29.01 and a beta of 2.00. The business’s 50-day simple moving average is $24.13 and its 200-day simple moving average is $21.49.

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.

CF Industries stock traded down $2.65 during trading hours on Wednesday, hitting $99.83. The stock had a trading volume of 1,885,278 shares, compared to its average volume of 2,171,167. The company has a market cap of $16.93 billion, a PE ratio of 13.15 and a beta of 0.97. The company has a quick ratio of 2.22, a current ratio of 2.59 and a debt-to-equity ratio of 0.41. CF Industries has a fifty-two week low of $67.34 and a fifty-two week high of $104.45. The company has a 50-day moving average of $84.70 and a two-hundred day moving average of $84.25.