Energy Evolution: Don’t Miss These Exciting Stocks!

By Patricia Miller

Share:

In this article

  • Loading...
  • Want to see what you should be buying? Check out our top picks.

Exciting technology is helping energy industry players like Jericho Energy Ventures, Shell, Chevron and NextEra Energy to stand out from the pack.

Photo by NASA on Unsplash

All sectors require innovation but, with major pressure for businesses to decarbonize their operations and embrace the green transition, the energy space is a hotbed for new thinking. Some key innovators in the broader energy space are Shell PLC (NYSE: SHEL), Chevron Corporation (NYSE: CVX), Nextera Energy Inc (NYSE: NEE) and Jericho Energy Ventures Inc (TSXV: JEV) (OTC: JROOF).

This innovation can come in a huge variety of different forms. Shell PLC is looking to modernize by embracing Web 3 and blockchain, expressing an openness to allowing this emerging tech to transform its operations. Meanwhile, Chevron heavily backs carbon capture technology as a way to help out in the fight towards net zero. NextEra Energy is incorporating a broad variety of renewables in its own innovation journey, from solar and wind through to hydrogen.

A business with a huge focus on hydrogen is Jericho Energy Ventures Inc (TSXV: JEV) (OTC: JROOF). This energy innovator has a portfolio of disruptive hydrogen inventions, key among them being its patented zero-emissions DCC™ hydrogen boilers, which target the massive commercial and industrial market. This solution allows these customers to eliminate greenhouse gas emissions, offering a clean and eco-friendly source of steam for even hard-to-abate industries. The small-cap company is attracting attention from big players, having just announced a collaboration with a globally leading alcohol business to conduct a decarbonization study on implementation of its DCC™ boilers. The study will cover production facilities in four countries, allowing Jericho to demonstrate the viability of one of its innovative solutions to a global player. Proof of concept here could lead to some major customer wins for the company! This potential might be why some analysts are already branding this stock a BUY.

Oil major Shell PLC (NYSE: SHEL) is no stranger to energy innovation either. Like Jericho, it’s investing heavily in hydrogen, having allotted $1bn for hydrogen and carbon capture and storage projects in 2024 and 2025. Additionally, it has turned to blockchain and other Web 3 technologies in order to modernize and increase the efficiency of its operations. For example, together with several other firms, the company launched a book-and-claim solution called Avelia which aims to help scale supply of sustainable aviation fuel. Furthermore, the business has invested in Web 3 energy start-up LO3, which aims to help consumers and businesses to find locally produced energy. Why is the company so focused on using emerging tech like blockchain to enhance its operations? It argues that these advancements allow it to “reimagine current processes, deliver cost savings, increase efficiencies and drive standardization across our processes and, indeed, across the entire energy industry”.

Another major oil and gas player is innovating too. Chevron Corporation (NYSE: CVX), which is the second biggest oil company in the US by revenue, has been turning its efforts towards hydrogen energy and carbon capture. It even has a partnership with the US Department of Energy to explore renewable methods of sustainable hydrogen generation. Additionally, May 2022 saw the company announcing a carbon capture and storage project aimed at reducing the carbon intensity of its operations in San Joaquin Valley, California. Its interest in carbon capture has seen the business look beyond the mitigation of its own operations for new opportunities to implement these practices. For example, it has teamed up with a number of industry partners to help form the Houston CCS Alliance, which aims to annually capture and store up to 100 million metric tonnes of carbon dioxide from industrial facilities by the year 2040.

NextEra Energy Inc (NYSE: NEE) is a business with the mission statement of providing customers with green American energy. It’s one of the largest US sustainable energy companies and has pushed boundaries in a number of different ways. For example, one of the business’s latest major announcements has seen it enter an agreement for an Oklahoma-based project aiming to decarbonize the agriculture supply chain. The zero-carbon-intensity hydrogen project is intended to produce up to 100,000 tons per year of zero-carbon green ammonia, an essential ingredient in the agricultural fertilizers produced by project partner Verdigris. But the company’s penchant for innovation doesn’t stop there, with NextEra combining a slew of sustainable technology in its offering, including wind and solar generation, battery storage technology, emissions-free nuclear power and transmission lines.

Innovation spurs progress across the industry. Major oil and gas firms Shell and Chevron have been around for decades but face pressure to keep their technology fresh and embrace the green transition. Meanwhile, green-focused companies like NextEra have become a key fixture in the energy landscape but must continually change or risk losing market share. Exciting and inventive innovation comes from small-cap outfits like Jericho, which could have their hands on truly world-altering technology.

Share:

In this article:

Industries:

IMPORTANT NOTICE AND DISCLAIMER

PAID ADVERTISEMENT

This communication is a paid advertisement. ValueTheMarkets is a trading name of Digitonic Ltd, and its owners, directors, officers, employees, affiliates, agents and assigns (collectively the “Publisher”) is often paid by one or more of the profiled companies or a third party to disseminate these types of communications. In this case, the Publisher has been compensated by Jericho Energy Ventures Inc. to conduct investor awareness advertising and marketing and has paid the Publisher the equivalent of two hundred and sixty thousand US dollars to produce and disseminate this and other similar articles and certain related banner advertisements. This compensation should be viewed as a major conflict with the Publisher’s ability to provide unbiased information or opinion.

CHANGES IN SHARE TRADING AND PRICE

Readers should beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you receive this communication, which has the potential to adversely affect share prices. Frequently companies profiled in our articles experience a large increase in share trading volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in share trading volume and share price may likely occur.

NO OFFER TO SELL OR BUY SECURITIES

This communication is not, and should not be construed to be, an offer to sell or a solicitation of an offer to buy any security.

INFORMATION

Neither this communication nor the Publisher purport to provide a complete analysis of any company or its financial position.

This communication is based on information generally available to the public and on an interview conducted with the company’s CEO, and does not contain any material, non-public information. The information on which it is based is believed to be reliable. Nevertheless, the Publisher does not guarantee the accuracy or completeness of the information. Further, the information in this communication is not updated after publication and may become inaccurate or outdated. No reliance should be placed on the price or statistics information and no responsibility or liability is accepted for any error or inaccuracy. Any statements made should not be taken as an endorsement of analyst views.

NO FINANCIAL ADVICE

The Publisher is not, and does not purport to be, a broker-dealer or registered investment adviser or a financial adviser. The Publisher has no access to non-public information about publicly traded companies. The information provided is general and impersonal, and is not tailored to any particular individual’s financial situation or investment objective(s) and this communication is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor or a personal recommendation to deal or invest in any particular company or product. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the company. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the advertised company’s SEC, SEDAR and/or other government filings. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk. Past performance does not guarantee future results.

FORWARD LOOKING STATEMENTS

This communication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. Statements in this communication that look forward in time, which include everything other than historical information, are based on assumptions and estimates by our content providers and involve risks and uncertainties that may affect the profiled company’s actual results of operations. These statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results and performance to differ materially from any future results or performance expressed or implied in the forward-looking statements. These risks, uncertainties and other factors include, among others: the success of the profiled company’s operations; the size and growth of the market for the company’s products and services; the company’s ability to fund its capital requirements in the near term and long term; pricing pressures; changes in business strategy, practices or customer relationships; general worldwide economic and business conditions; currency exchange and interest rate fluctuations; government, statutory, regulatory or administrative initiatives affecting the company’s business.

INDEMNIFICATION/RELEASE OF LIABILITY

By reading this communication, you acknowledge that you have read and understand this disclaimer in full, and agree and accept that the Publisher provides no warranty in respect of the communication or the profiled company and accepts no liability whatsoever. You acknowledge and accept this disclaimer and that, to the greatest extent permitted under applicable law, you release and hold harmless the Publisher from any and all liability, damages, injury and adverse consequences arising from your use of this communication. You further agree that you are solely responsible for any financial outcome related to or arising from your investment decisions.

TERMS OF USE AND DISCLAIMER

By reading this communication you agree that you have reviewed and fully agree to the Terms of Use found here https://www.valuethemarkets.com/terms-conditions/ and acknowledge that you have reviewed the Disclaimer found here https://www.valuethemarkets.com/disclaimer/. If you do not agree to the Terms of Use, please contact valuethemarkets.com to discontinue receiving future communications.

INTELLECTUAL PROPERTY

All trademarks used in this communication are the property of their respective trademark holders. Other than valuethemarkets.com, the Publisher is not affiliated, connected, or associated with, and the communication is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by the Publisher to any rights in any third-party trademarks other than valuethemarkets.com.

AUTHORS: VALUETHEMARKETS

valuethemarkets.com and Digitonic Ltd and our affiliates are not responsible for the content or accuracy of this article. The information included in this article is based solely on information provided by the company or companies mentioned above. This article does not provide any financial advice and is not a recommendation to deal in any securities or product. News and research are not recommendations to deal, and investments may fall in value so that you could lose some or all of your investment. Past performance is not an indicator of future performance.

ValueTheMarkets do not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above piece. ValueTheMarkets have been paid to produce this piece by the company or companies mentioned above. Digitonic Ltd, the owner of valuethemarkets.com, has been paid for the production of this piece by the company or companies mentioned above.


Sign up for Investing Intel Newsletter