Top Renewable Energy Stocks to Watch - February 28th

Quanta Services, MasTec, Petróleo Brasileiro S.A. - Petrobras, Bank of New York Mellon, Southern Company, EMCOR Group, and Equinor ASA are the seven renewable energy stocks currently highlighted for investors. These stocks are associated with companies that produce energy from renewable sources, which include wind, solar, and hydroelectric power. Investing in these stocks offers the potential for financial growth while promoting a transition away from fossil fuels.

Quanta Services (PWR)

Quanta Services, Inc. provides essential infrastructure services across the electric and gas utility, renewable energy, communications, and pipeline sectors in regions including the United States, Canada, and Australia. The company specializes in the design, construction, and maintenance of electric power transmission and distribution systems, substation facilities, and various projects related to smart grid technology.

Currently, Quanta Services shares traded at $257.25, with a trading volume of 1,188,832 shares observed. The stock's market capitalization is approximately $38.12 billion, with a price-to-earnings (P/E) ratio of 42.66.

MasTec (MTZ)

MasTec, Inc. is a robust infrastructure construction firm that offers engineering and construction services mainly for the communications and energy sectors. The company operates under five segments—Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other.

On the last trading day, shares of MasTec reached $132.19, with 1,684,189 shares exchanged. The market cap for MasTec stands at about $10.47 billion, and the stock has a P/E ratio of 118.04.

Petróleo Brasileiro S.A. - Petrobras (PBR)

Petróleo Brasileiro S.A. - Petrobras is involved in the exploration, production, and sale of oil and gas on both domestic and international fronts. The company’s operations are divided into several segments, primarily focusing on exploration, production, refining, and transportation.

Petróleo Brasileiro shares traded at $13.33, with a substantial trading volume of 16,265,632. The company has a market capitalization of $85.87 billion and a P/E ratio of 5.20.

Bank of New York Mellon (BK)

Bank of New York Mellon Corporation provides an extensive range of financial services globally. Their operations cover various segments, including Securities Services, Market and Wealth Services, and Investment and Wealth Management.

The stock for Bank of New York Mellon traded up to $87.32, with a trading volume of 1,843,526 shares. The company's market cap stands at approximately $63.49 billion, featuring a P/E ratio of 15.05.

Southern Company (SO)

Southern Company, through its subsidiaries, engages in generating, transmitting, and distributing electricity. It manages diverse energy assets, including renewable projects, and distributes natural gas across several states.

Southern Company shares traded at $88.79, with a trading volume of 1,362,582, and a market cap of $97.39 billion, boasting a P/E ratio of 22.14.

EMCOR Group (EME)

EMCOR Group, Inc. provides various construction and facility services throughout the United States and the UK, focusing on power generation, energy solutions, and various industrial needs.

EMCOR Group's stock settled at $402.71 with a trading volume of 238,733. The current market cap for the company is about $18.53 billion, with a P/E ratio of 20.45.

Equinor ASA (EQNR)

Equinor ASA operates within the energy production sector, engaging in petroleum exploration, production, transportation, and refining. They also have a division focused on renewable energy.

Shares of Equinor ASA traded at $23.68, with a trading volume of 3,781,126 shares. The company's market capitalization is approximately $66.12 billion, featuring a P/E ratio of 7.62.

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