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Going into the Q2 earnings season, earnings releases from the sector giants will determine the movement of these funds.
Hydrogen energy remains a compelling alternative energy source, especially as we remain in an environment with elevated energy costs. There are a few ways to generate energy from hydrogen.
Shares of Air Products & Chemicals (APD) dropped Monday after the supplier of industrial gases announced that its chief operating officer will leave the company as it makes management and board adjustments.
In trading on Monday, shares of Air Products & Chemicals crossed below their 200 day moving average of $257.92, changing hands as low as $254.13 per share. Air Products & Chemicals Inc shares are currently trading down about 2.9% on the day.
Talented Senior Leadership Focused on Executing Company's Two-Pillar Growth Strategy, Delivering the Company's Next-Level of Success, and Generating a Cleaner Future LEHIGH VALLEY, Pa. , July 22, 2024 /PRNewswire/ -- Air Products (NYSE:APD) today announced the formation of a Management Board, effective immediately, bringing together talented senior leadership across the globe to execute the Company's two-pillar growth strategy.
Hydrogen stocks continue to spark investor interest worldwide. The global push for net-zero emissions is on, and hydrogen is likely to play a huge part in the transition.
Crisis will eventually lead to opportunity for hydrogen stocks. Unfortunately, at the moment, the industry is still waiting to see if the Biden administration will lift the restrictive rules behind 45V.
LEHIGH VALLEY, Pa. , July 18, 2024 /PRNewswire/ -- The Board of Directors of Air Products (NYSE: APD) today declared a quarterly dividend of $1.77 per share of common stock.
Air Products is shifting towards clean hydrogen energy, divesting traditional energy assets, and leading in hydrogen production. The company is investing heavily in hydrogen infrastructure and projects worldwide to drive the global shift to hydrogen. Despite promising prospects, there are risks such as regulatory uncertainties, technology risks, and intense competition in the hydrogen industry.
The new ASUs to be constructed by Air Products (APD) will replace older units, increase capacity at the locations, and are expected to be operational in 2026.