Top Energy Stocks To Follow Now – February 03rd

Tesla, Broadcom, EnLink Midstream, AltC Acquisition, Vistra, Oklo, and GE Vernova are the seven Energy stocks to watch today, according to MarketBeat’s stock screener tool. Energy stocks refer to shares of companies that are involved in the production, exploration, refining, and distribution of energy sources such as oil, natural gas, and renewable energy. These stocks are generally influenced by factors such as global demand for energy, commodity prices, and government regulations related to the energy sector. Investors may choose to invest in energy stocks as a way to gain exposure to the energy industry and potentially benefit from fluctuations in energy prices. 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 TSLA stock traded down $25.43 during trading hours on Monday, reaching $379.17. The company’s stock had a trading volume of 63,298,398 shares, compared to its average volume of 74,863,070. The company has a current ratio of 2.02, a quick ratio of 1.61 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $1.22 trillion, a P/E ratio of 186.35, a P/E/G ratio of 6.79 and a beta of 2.34. The firm’s fifty day simple moving average is $404.22 and its 200 day simple moving average is $299.70. Tesla has a one year low of $138.80 and a one year high of $488.54.

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.

Broadcom stock traded down $2.94 during mid-day trading on Monday, reaching $218.33. 13,680,435 shares of the company traded hands, compared to its average volume of 31,011,938. The firm’s 50 day moving average price is $213.41 and its 200 day moving average price is $182.20. Broadcom has a 52-week low of $119.76 and a 52-week high of $251.88. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.17 and a quick ratio of 1.07. The firm has a market capitalization of $1.02 trillion, a price-to-earnings ratio of 178.69, a P/E/G ratio of 2.31 and a beta of 1.02.

EnLink Midstream (ENLC)

EnLink Midstream, LLC provides midstream energy services in the United States. The company operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. It is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and gathering, transporting, stabilizing, storing, trans-loading, and selling crude oil and condensate, as well as providing brine disposal services.

Shares of ENLC traded up $0.41 during trading hours on Monday, reaching $14.56. 95,115,676 shares of the company traded hands, compared to its average volume of 3,910,954. EnLink Midstream has a 12 month low of $11.55 and a 12 month high of $16.40. The company has a market capitalization of $6.65 billion, a price-to-earnings ratio of 69.33 and a beta of 2.43. The company’s fifty day moving average price is $14.74 and its two-hundred day moving average price is $14.43. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 2.30.

AltC Acquisition (ALCC)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

AltC Acquisition stock traded down $0.30 during trading hours on Monday, hitting $41.61. 26,950,796 shares of the stock traded hands, compared to its average volume of 723,393. AltC Acquisition has a one year low of $10.27 and a one year high of $18.80. The firm’s 50-day moving average price is $24.57 and its two-hundred day moving average price is $16.36.

Vistra (VST)

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.

Shares of VST traded down $0.86 on Monday, reaching $167.17. The stock had a trading volume of 6,611,551 shares, compared to its average volume of 10,454,590. The firm has a market capitalization of $56.88 billion, a price-to-earnings ratio of 31.24, a price-to-earnings-growth ratio of 1.15 and a beta of 1.22. The company has a 50-day simple moving average of $156.24 and a 200-day simple moving average of $122.97. Vistra has a 12-month low of $42.22 and a 12-month high of $199.84. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11.

Oklo (OKLO)

Oklo Inc. designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.

Shares of OKLO stock traded up $1.86 during mid-day trading on Monday, reaching $43.47. 20,482,225 shares of the company’s stock traded hands, compared to its average volume of 21,850,482. The company’s 50-day moving average price is $25.10 and its 200-day moving average price is $16.62. Oklo has a 12 month low of $5.35 and a 12 month high of $45.23.

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 down $11.28 during mid-day trading on Monday, hitting $361.60. 2,349,864 shares of the company’s stock were exchanged, compared to its average volume of 4,240,093. GE Vernova has a one year low of $115.00 and a one year high of $447.50. The business has a fifty day moving average price of $355.29 and a 200 day moving average price of $280.05. The company has a market cap of $99.67 billion and a PE ratio of 64.99.