Promising Energy Stocks To Consider – March 20th

Tesla, Broadcom, and Chevron are the three Energy stocks to watch today, according to MarketBeat’s stock screener tool. Energy stocks are shares of companies engaged in the production, exploration, and distribution of energy resources such as oil, natural gas, and increasingly renewable sources. These stocks are often influenced by commodity prices, geopolitical factors, and shifts toward sustainable energy practices, making them an integral part of the broader market tied to global economic dynamics. 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.

Tesla stock traded down $0.42 during mid-day trading on Thursday, hitting $235.44. 61,897,711 shares of the stock were exchanged, compared to its average volume of 90,821,048. Tesla has a 12 month low of $138.80 and a 12 month high of $488.54. The company has a quick ratio of 1.61, a current ratio of 2.02 and a debt-to-equity ratio of 0.08. The firm’s fifty day simple moving average is $341.28 and its two-hundred day simple moving average is $320.02. The stock has a market capitalization of $757.30 billion, a price-to-earnings ratio of 115.09, a PEG ratio of 5.86 and a beta of 2.50.

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 $3.81 during trading hours on Thursday, reaching $191.17. 11,097,825 shares of the company’s stock were exchanged, compared to its average volume of 29,092,286. Broadcom has a twelve month low of $119.76 and a twelve month high of $251.88. The company has a quick ratio of 1.07, a current ratio of 1.17 and a debt-to-equity ratio of 0.98. The firm’s 50 day simple moving average is $215.81 and its 200 day simple moving average is $194.61. The firm has a market capitalization of $898.89 billion, a PE ratio of 155.57, a PEG ratio of 2.29 and a beta of 1.01.

Chevron (CVX)

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant.

Shares of NYSE:CVX traded up $0.15 during mid-day trading on Thursday, hitting $164.20. The company had a trading volume of 4,481,449 shares, compared to its average volume of 7,269,356. The firm has a fifty day moving average price of $155.77 and a 200 day moving average price of $152.31. Chevron has a one year low of $135.37 and a one year high of $167.11. The company has a market capitalization of $289.09 billion, a PE ratio of 16.89, a price-to-earnings-growth ratio of 1.46 and a beta of 1.08. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.07 and a quick ratio of 0.80.