Top Energy Stocks To Watch - March 21st

As of March 21st, several energy stocks have caught the attention of investors, including Tesla, Broadcom, Lockheed Martin, CRH, Chevron, Exxon Mobil, and Caterpillar. Energy stocks represent shares in companies that produce and distribute energy from sources like oil, gas, and renewables. The performance of these stocks is often linked to commodity prices, regulatory conditions, and geopolitical factors, making them significant indicators of the energy sector's overall health. Recently, these companies have experienced the highest trading volumes in the energy sector.

Tesla (TSLA)

Tesla, Inc. specializes in designing, creating, and selling electric vehicles and energy storage systems across the United States and worldwide. The company is divided into two main segments: Automotive and Energy Generation and Storage. The Automotive segment not only sells electric vehicles but also generates revenue through automotive regulatory credits, after-sales services, used vehicles, vehicle insurance, and more.

On Friday, Tesla stock was up $8.60, trading at $244.86 with a considerable trading volume of 75,029,628 shares, compared to its average volume of 90,939,297. The market capitalization stands at $787.58 billion, with a P/E ratio of 120.25 and a P/E/G ratio of 5.86. Over the last year, the stock hit a low of $138.80 and a high of $488.54, indicating substantial volatility.

Broadcom (AVGO)

Broadcom Inc. is renowned for its semiconductor devices, emphasizing complex digital and mixed-signal components. It operates two major segments: Semiconductor Solutions and Infrastructure Software. On Friday, Broadcom shares rose by $0.60, reaching $191.14 with a trading volume of 11,981,548 shares, lower than its average volume of 29,050,776. The company has a market capitalization of $898.72 billion, a P/E ratio of 156.18, and a 12-month trading range from $119.76 to $251.88.

Lockheed Martin (LMT)

Lockheed Martin Corporation operates in the aerospace and defense sectors, engaged in various high-tech activities across areas such as Aeronautics and Space. Lockheed Martin's stock is trading at $436.09 after decreasing by $30.65 on Friday, with a trading volume of 3,922,257 shares, significantly higher than the average volume of 1,117,745. The company has a market cap of $102.65 billion and trades between $419.70 and $618.95 over the past year.

CRH (CRH)

CRH plc is recognized for providing building materials and construction solutions in Europe and the Americas. The company has segments dedicated to both materials and building solutions. CRH traded down $2.80 to reach $94.79, with 11,213,776 shares exchanged, far exceeding its average of 4,899,924. The stock's market cap is $64.16 billion, with a 12-month low of $71.18 and a high of $110.97.

Chevron (CVX)

Chevron Corporation operates integrated energy and chemicals operations both domestically and globally. The company focuses on two primary segments: Upstream and Downstream. On Friday, Chevron shares decreased by $1.27, settling at $163.50 with a trading volume of 5,970,727, below its average of 7,278,376. Chevron's market cap is $287.86 billion, with a one-year trading range of $135.37 to $167.11.

Exxon Mobil (XOM)

Exxon Mobil Corporation specializes in the exploration and production of crude oil and natural gas. The stock traded down $1.08 to $114.82, with 7,829,331 shares changing hands compared to its average volume of 14,846,752. Exxon Mobil carries a market capitalization of $498.22 billion and has seen a trading range from $103.67 to $126.34 over the past year.

Caterpillar (CAT)

Caterpillar Inc. manufactures construction and mining equipment, as well as engines and industrial gas turbines. On Friday, the stock fell by $2.20 to $334.05, with 1,782,250 shares traded, lower than its average volume of 2,429,252. The market cap stands at $159.65 billion, with a 12-month low of $307.05 and a high of $418.50.

These energy stocks are crucial components of the market, reflecting broader trends in production, consumption, and technological advancements in the energy sector.

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