Gevo Inc is a renewable chemicals and biofuels company engaged in the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks. Its operating segments are the Gevo segment, Renewable Natural Gas Segment, Net-Zero Segment and the Agri-Energy segment. By its segments, it is involved in research and development activities related to the future production of isobutanol, including the development of its biocatalysts, the production and sale of biojet fuel. Gevo Development/Agri-Energy is the key revenue-generating segment that involves the operation of the Luverne Facility and production of ethanol, isobutanol and related products.
Clean Vision (OTCQB:CLNV)
Clean Vision Corp acquires, manages, and operates a portfolio of synergistic companies in the clean technology and green energy sectors.
Sunworks Inc provides photovoltaic based power systems for the agricultural, commercial, industrial (ACI), public works, and residential markets in California, Nevada, Massachusetts, Oregon, New Jersey and Hawaii. It has direct sales and/or operations personnel in California, Massachusetts, and Oregon. Through its operating subsidiaries, the company designs arrange financing, integrates, installs, and manages systems ranging in size from 2kW (kilowatt) for residential projects to multi MW (megawatt) systems for larger ACI and public works projects. ACI installations have included installations at office buildings, manufacturing plants, warehouses, service stations, churches, and agricultural facilities such as farms, wineries, and dairies. Its operating segments are Solcius and Sunworks.
Denison Mines (AMEX:DNN)
Denison Mines Corp is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. In addition to its approximately 90 percent owned Wheeler River project, which ranks as the largest undeveloped high-grade uranium project in the infrastructure rich eastern portion of the Athabasca Basin region, The company’s Athabasca Basin exploration portfolio consists of numerous projects covering approximately 310,000 hectares. The company is also engaged in mine decommissioning and environmental services through its Denison Environmental Services (DES) division and is the manager of Uranium Participation Corporation (UPC), a publicly traded company which invests in uranium oxide and uranium hexafluoride.
PEDEVCO Corp is an energy company. It is engaged in the acquisition, exploration, development, and production of oil and natural gas shale plays in the Denver-Julesberg Basin (D-J Basin) in Colorado. The D-J Basin contains hydrocarbon-bearing deposits in several formations, including the Niobrara, Codell, Greenhorn, Shannon, J-Sand, and D-Sand. Its principal operating properties are located in the Wattenberg, Wattenberg Extension and Niobrara formation in the D-J Basin.
Meta Materials (NASDAQ:MMAT)
Meta Materials Inc delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. Its extensive technology platform enables global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. Its products include NANOWEB, which is transparent conductive film; holoOPTIX; ARfusion; metaAIR; and glucoWISE.
Powerbridge Technologies (NASDAQ:PBTS)
Powerbridge Technologies Co Ltd provides a software application, technology solutions, and services to corporate and government customers. The company offers services such as Powerbridge System Solutions, Powerbridge SaaS Services, Powerbridge BaaS Services, and others. It generates its revenue in the form of application development services, consulting and technical support services, and subscription services. All of its revenues are generated from the People’s Republic of China.
Eco Wave Power Global (NASDAQ:WAVE)
Eco Wave Power Global AB is a Sweden-based wave energy company engaged in the development of a smart and cost-efficient WEC, technology that converts ocean and sea waves into clean electricity. Its WEC technology employs units of point absorber floating devices, referred to as floaters, which are installed on existing marine structures such as piers, breakwaters, and jetties, or in locations in which such marine structures are required. It has its projects in Gibraltar, Israel, and other countries.
Fuel Tech (NASDAQ:FTEK)
Fuel Tech, Inc. provides boiler optimization, efficiency improvement and air pollution reduction and control solutions to utility and industrial customers worldwide, operating through two segments: Air Pollution Control Technology and FUEL CHEM Technology.
Alternative energy is more mainstream than ever, but fossil fuels still make up a large percentage of the energy production in the U.S. Coal is down, but natural gas and nuclear energy production are both up.
There are new opportunities for investors in renewable energy, with solar and wind production leading the way to new highs in consumption and production for the subsector. Transportation tends to lead to end-use in this sub-sector. However, energy is a concern for everyone, and that is why there are so many companies entering the market and trading at low prices. But, where do you start and how do you choose?
All of this means that plenty of money is moving through the energy sector. There are more small companies than ever attempting to service the growing energy needs of an expanding global population. The penny stock market is a great way to leverage your money to profit from the world’s energy use.
Quick Look at the Best Energy Penny Stocks:
- Gevo Inc.
- Clean Vision Corp
- SunWorks, Inc.
- Denison Mines Corp
- PEDEVCO Corp
- Meta Materials, Inc
- Powerbridge Technologies Co Ltd
- Eco Wave Power Global AB
- Fuel Tech, Inc.
Overview: Energy Penny Stocks
There are plenty of penny stocks to trade today, but this was not always the case. The 1970s brought us the beginning of the liberalized energy market. Before then, petroleum dominated both energy consumption and production, and production was dominated by the Seven Sisters — BP, Gulf Oil, Royal Dutch Shell, Standard Oil Company of California (now Chevron), ExxonMobil, Standard Oil Company of New York and Texaco (merged into Chevron).
The energy market is always one of the most affected during an economic crisis or pandemic. The oil crisis of 1973 marked the rise of OPEC and the first genuine threat to the Seven Sisters oligarchy. As different parts of the world began to understand the benefits of energy localization, international authorities began to actively break up and avoid oligopolies. The 2008 economic crisis caused many nations to overhaul their energy consumption and importation policies, pressuring petroleum exporters for fairer treatment.
The COVID-19 pandemic continues to help break up centralization in the energy industry. Newer, cheaper forms of energy are now becoming more viable, further reducing the influence of formerly dominant companies like ExxonMobil (NYSE: XOM) and BP (NYSE: BP). There is now room for companies like First Solar (NASDAQ: FSLR), NextEra Energy (NYSE: NEE) and Brookfield Renewable Partners (NYSE: BEP) to hold a substantial portion of the market alongside them.
Innovations such as blockchain energy also create room for small companies to serve local and regional energy needs with lower barriers to entry. However, the industry shifts quickly, meaning that there are mergers, acquisitions and delistings going on throughout the year. At the same time, there is stability in the energy sector because everyone needs a power source. There’s quite a lot of market to go around, and all of these companies can sit in their respective corners and make money, for the most part.
At the same time, these companies may need to contend with larger firms that have more money and resources with which to compete. As a result, you must watch penny stocks carefully because you never know when they could take a turn and force you to exit your position. Or, you may need to buy in before the stock price goes through the roof. Remember, too, that some of these stocks may take quite a long time to grow into the large cap or blue chip stocks you were expecting to see.
Best Online Brokers for Energy Penny Stocks
Making money in energy is much easier when you have an intuitive and reliable trading platform to execute your trades. Having a great investment strategy is one thing, but one bad input or unfortunate stretch of downtime can erase the all of your research and planning. It is always a good idea to test your ideas and execution strategy in a virtual account to learn how to trade penny stocks — execution is everything in this market.
You should also look for brokers that are easy to use and manage. If you’re not sure how to work with a broker, it’s difficult to invest with confidence. Compare the features of the brokers below to determine which one is right for you because some will feel better to use than others.
Change Means Change
Energy is essential, so any change in the industry simply means that money is moving around. When money is moving, you have a chance to profit. The winners in energy investment are the people who take the time to research the industry and follow the money.
Whether you join the revolution of alternative energy or choose to squeeze your profits from oil and gas, there is money to be made on both sides. Beware volatility post-COVID as the world decides whether it will go back outside or stay in, and always do your due diligence on the individual companies that are on your radar. Yes, restrictions are lifting, but a new wave of COVID-19 could turn the energy market on its head at any time.
Remember, too, that the energy market is shifting every day. You never know which companies will enter the marketplace, if certain firms will be pushed out of the market or if mergers will make the stock market that much more convoluted. You must also remember that penny stocks are close to 0, meaning that they could lose all their value at any time. Carefully monitoring your portfolio and the performance of each asset is critical for your success. At times, it’s easier to exit these positions to protect yourself, but some penny stocks may have more growth potential, enough for you to hold these assets and invest for value.
Frequently Asked Questions
What are engery penny stocks?
Energy penny stocks are shares in companies that are in the energy sector.
Are energy penny stocks in oil and gas or renewables?
Energy penny stocks can be found in both oil and gas companies and companies in the renewables industry.
Which energy penny stocks are good investments?
Check out Benzinga’s list of the best energy penny stocks above.
Are energy penny stocks volatile?
As with all penny stocks, volatility is the name of the game. Carefully watch your assets to make sure they are performing well.
Continue reading: BEST URANIUM STOCKS