FourFour Two: Renewable energy stocks to watch
FourFourtwo has identified four energy stocks with a strong future and a clear path to profitability.
The first four stocks are: Lattice Energy (LE), Seco Energy (SE), Enphase Energy (EN), and Wpx Energy (WX).
All four are in the energy sector, with the exception of Seco.
This is the company that is currently the largest shareholder in Enphase, which has the potential to become the largest renewable energy company in the world.
SE is the largest energy company, with a market cap of $2.9 billion.
Lattices current operating profit margins are 4.7% and its cash position is $1.3 billion.
Its market cap is $4.9 million.
SE’s capital expenditure is $2 billion, with its total debt at $2,621 million.
Its capital expenditure ratio is 7.2%.
Its cash flow is $3.932 billion.
EN is a company with a $2-billion market cap, with an operating profit margin of 9.9%.
Its capital expenditures are $2bn and its debt at the time of writing is $724m.
Its cash flows are $4bn and it has a total debt of $7.7 billion.
EN’s total debt is $8.8 billion.
The company is currently in a strong position, with earnings per share of $1-2, as compared to its peers.
LE is currently one of the top five renewable energy companies, with operating profit of 6.6% and a total cash position of $9.6 billion.
LE’s capital expenditures per employee are $6,934 per employee and its total cash balance is $18.9bn.
Its total debt currently stands at $1,749 million.
EQ is another company with an estimated market cap in excess of $6 billion, and a current operating margin of 10.9% and cash position at $6.6bn.
EQ’s capital spending is $937 million, and its current debt is at $878 million.
EQ has total debt totaling $1 billion, its total balance of $3,054 million.
The balance sheet is balanced at $4,721 million, with cash flow being $7,851 million.
EN has a market value of $5.9 trillion.
Lattice’s cash position sits at $3 billion, while SE’s is $5 billion.
Enphase’s cash is sitting at $5 million.
Latts operating profits are $1 and Eqs operating profit is $12 million.
Wpx’s cash balance sits at approximately $3 million.
Envia is one of a number of companies that has been in the market for renewable energy for a while.
The stock has a valuation of $20 billion, which is a little over one-fifth of the company’s current market cap.
Envirote is one company that has not had the opportunity to buy into renewable energy in a long time.
These are some of the stocks with an excellent future and some that are well-positioned for long-term success.
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