Collecting large volumes of data can be useful for making good business decisions - but only if you can actually turn your metrics into real insights. The energy sector is poised for significant growth as the world transitions towards sustainable energy sources.

Investing in energy stocks can offer substantial opportunities driven by technological advancements, policy support, and increasing demand for clean energy. Below you’ll find a great list of energy stocks to watch for the rest of this year based on online chatter and sentiment.

1. NexGen Energy (NXE)

NextGen Energy is an emerging leader in the renewable energy sector, focusing on innovative energy solutions and sustainable practices. The company’s commitment to advancing clean energy technologies positions it as a promising investment in the renewable energy market. The stock has never really flourished and hit a setback after purchasing 2.7 million pounds of uranium for $250M a couple of months ago. After being listed as a strong buy, it is now listed as a stock to hold. The low price point of the stock is where many investors see an opportunity for potential growth, especially as the company navigates its current challenges and continues to innovate in the renewable energy space. This makes a compelling option for those looking to invest in a company with significant upside potential, despite recent setbacks.

Why Invest in NexGen Energy? 

Innovation: Cutting-edge renewable energy technologies. 

Growth Potential: Expanding operations and market presence. 

Strategic Partnerships: Collaborations with key industry players to drive innovation and growth.

Financial Highlights

Revenue: $57.97 million in 2023 

Earnings Per Share (EPS): $0.12 in 2023

How Much Does NexGen Energy Stock Cost? 

NexGen Energy’s stock price fluctuates with market conditions. As of the last check, it was trading around $7 per share. For the most current price, check out the Uptrends platform.

2. NextEra Energy (NEE)

NextEra Energy is a leading clean energy company focused on renewable energy generation, particularly wind and solar power. As the world’s largest producer of wind and solar energy, it operates through subsidiaries Florida Power & Light Company (FPL) and NextEra Energy Resources (NEER). Committed to eliminating carbon emissions by 2045, NextEra Energy invests heavily in innovative technologies, driving the transition to a sustainable future and making it a stock worth looking into.

Why Invest in NextEra Energy? 

Leadership in Renewables: Largest producer of wind and solar energy in the world. 

Strong Financial Performance: Consistent revenue growth and profitability. 

Dividend Growth: History of increasing dividends, appealing to income-focused investors

Financial Highlights

Revenue: $28.1 billion in 2023

Earnings Per Share (EPS): $3.60 in 2023

How Much Does Ford Stock Cost? 

NextEra Energy’s stock price fluctuates with market conditions. As of the last check, it was trading around $71 with neutral stock sentiment. For the most current price, check out the Uptrends platform.

3. Brookfield Renewable Partners (BEP) 

Brookfield Renewable Partners is one of the largest publicly traded renewable energy companies, bringing with it a massive portfolio of hydroelectric, wind, and solar assets. With over 19,000 megawatts of installed capacity, Brookfield Renewable operates across multiple continents, ensuring a great global presence. Additionally, Brookfield Renewable Partners has a strong track record of financial performance, driven by long-term power purchase agreements and strategic acquisitions that expand its renewable energy footprint. This combination of geographic diversity, sustainable focus, and financial stability have positioned Brookfield Renewable as a leader in the renewable energy sector.

Why Invest in Brookfield Renewable Partners? 

Diverse Asset Portfolio: Extensive range of renewable energy assets. 

Global Presence: Operations in North America, South America, Europe, and Asia. 

Stable Cash Flows: Long-term power purchase agreements providing predictable revenue.

Financial Highlights 

Revenue: $5.71 billion in 2023

Earnings Per Share (EPS): $-0.32 in 2023

How Much Does Brookfield Renewable Partners Stock Cost? 

Brookfield Renewable Partners’ stock price fluctuates with market conditions. As of the last check, it was trading around $26 per share with bullish stock sentiment. For the most current price, check out the Uptrends platform.

4. Clearway Energy (CWEN) 

Clearway Energy specializes in renewable energy projects, focusing on wind, solar, and natural gas assets across the United States. The company is dedicated to sustainability, expanding clean energy generation while reducing carbon emissions. With a diversified portfolio and a focus on operational efficiency, Clearway Energy is positioned for growth in the renewable energy sector, leveraging long-term contracts to ensure stable cash flows and adding in more advanced technologies to optimize their energy production.

Why Invest in Clearway Energy? 

Diversified Portfolio: Wind, solar, and natural gas projects. 

Growth Opportunities: Expanding renewable energy capacity. 

Stable Cash Flows: Long-term power purchase agreements ensuring steady revenue.

Financial Highlights

Revenue: $1.31 billion in 2023

Earnings Per Share (EPS): $0.67 in 2023

How Much Does Clearway Energy Stock Cost? 

Clearway Energy’s stock price fluctuates with market conditions. As of the last check, it was trading around $25 per share with slightly bearish stock sentiment. For the most current price, check out the Uptrends platform.

5. Valero Energy (VLO) 

Valero Energy is a multinational leader in transportation fuels and petrochemical products. The company operates refineries across North America, producing gasoline, diesel, jet fuel, and petrochemicals. While the rise of electric cars is denting gasoline demand, and warm winters are reducing the need for heating oil causing the stock to lower, Valero has strategically invested in renewable diesel and ethanol production, responding to the growing demand for sustainable energy solutions. These initiatives showcase Valero’s commitment to reducing greenhouse gas emissions and advancing renewable energy technologies, positioning it as a forward-thinking player in the global energy industry and one that can roll with the economy's punches.

Why Invest in Valero Energy? 

Renewable Investments: Focus on renewable diesel and ethanol production.

Global Reach: Extensive operations in the Americas, Europe, and Asia. 

Strong Financials: Consistent revenue growth and profitability. 

Financial Highlights 

Revenue: $144.76 billion in 2023

Earnings Per Share (EPS): $24.92 in 2023 

How Much Does Valero Energy Stock Cost? 

Valero Energy’s stock price fluctuates with market conditions. As of the last check, it was trading around $149 per share with neutral stock sentiment. For the most current price, check out the Uptrends platform.

6. Enphase Energy (ENPH) 

Enphase Energy leads in solar microinverters and energy management technology. Their innovations optimize solar power conversion efficiency and reliability, setting standards in the renewable energy market. The company has recently taken some tough blows including revenue and net losses, layoffs, lower shipments and demand, and on top of all that a class action lawsuit. However, some still believe that Enphase’s stock has the potential for strong gains as the Fed moves toward an environment with lower mortgage rates and increased financial options. 

Why Invest in Enphase Energy? 

Technological Innovation: Leading provider of solar microinverters. 

Energy Management: Advanced energy management solutions for residential and commercial applications. 

Growth Potential: Expanding market share in the global solar industry. 

Financial Highlights

Revenue: $2.29 billion in 2023

Earnings Per Share (EPS): $3.08 in 2023

How Much Does Enphase Energy Stock Cost?

Enphase Energy’s stock price fluctuates with market conditions. As of the last check, it was trading around $113 per share with very bearish stock sentiment. For the most current price, check out the Uptrends platform.

7. First Solar Inc. (FSLR) 

First Solar is a leading manufacturer of photovoltaic (PV) solar panels and provides utility-scale PV power plants. The company has had a solid year so far, up 33%. The company’s Q1 2024 revenues surged 45% YOY, accompanied by net profit margins over 28%. Regulatory support, including increased tariffs on Chinese solar imports and tax credits under the United States Inflation Reduction Act, has helped strengthen its manufacturing. First Solar's focus on utility-scale panels and its role in powering AI-driven data centers position it well amid ongoing demand for renewable energy solutions and make it a great stock to keep an eye on.

Why Invest in First Solar? 

Technological Leadership: Innovative thin-film solar technology. 

Utility-Scale Projects: Expertise in large-scale solar power plants. 

Strong Market Position: Competitive advantage in efficiency and cost.

Financial Highlights

Revenue: $3.32 billion in 2023

Earnings Per Share (EPS): $7.74 in 2023

How Much Does First Solar Stock Cost? 

First Solar’s stock price fluctuates with market conditions. As of the last check, it was trading around $213 per share with slightly bullish stock sentiment. For the most current price, check out the Uptrends platform.

8. ExxonMobil (XOM) 

ExxonMobil, traditionally known for its oil and gas operations, has made significant investments in renewable energy projects. While stock has faced several challenges in recent years, including lower oil prices, acquisitions, and global economic and political uncertainties, just last month, UBS chose Exxon as its top pick of oil companies to own for the next five years. UBS has a buy rating and a 154 price target on the stock, including $5B in cost savings and an improving balance sheet. Additionally, the Uptrends platform currently lists Exxon as slightly bullish in sentiment meaning the company’s stock is definitely one to keep on the radar and could reclaim the throne of the energy industry.

Why Invest in ExxonMobil? 

Diversification: Investments in renewable energy alongside traditional oil and gas operations. 

Advanced Technologies: Focus on biofuels, carbon capture, and hydrogen. 

Global Presence: Extensive operations worldwide. 

Financial Highlights 

Revenue: $344.58 billion in 2023

Earnings Per Share (EPS): $8.89 in 2023

How Much Does ExxonMobil Stock Cost? 

ExxonMobil stock price fluctuates with market conditions. As of the last check, it was trading around $115 per share with slightly bullish stock sentiment. For the most current price, check out the Uptrends platform.

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