TheHydrogenBull
@thehydrogenbull.bsky.social
Managing Member at KV Catalyst. Former portfolio manager for the Resource Real Estate Diversified Income Fund. Previously with Merrill Lynch and Lazard.
PEM #fuelcell manufacturer #PowerCellSweden is up around 17% since announcing solid Q3 results yesterday. Sales still weighted to first-of-a-kind and other episodic projects but those episodes are accelerating as a wider array...(1/4) $PCELL $BLDP $PLUG $BE #hydrogen #EnergySky #GreenSky
October 24, 2025 at 3:56 PM
PEM #fuelcell manufacturer #PowerCellSweden is up around 17% since announcing solid Q3 results yesterday. Sales still weighted to first-of-a-kind and other episodic projects but those episodes are accelerating as a wider array...(1/4) $PCELL $BLDP $PLUG $BE #hydrogen #EnergySky #GreenSky
Hexagon Purus is typically among the first small #hydrogen oriented companies to report earnings in each quarterly cycle and the Company's report validates some trends seen elsewhere in the market. Specifically...(1/5) $HPUR $APD $LIN $NFI $CAF $BLDP #Solaris #FCEV #EnergySky #GreenSky
October 22, 2025 at 3:01 PM
Hexagon Purus is typically among the first small #hydrogen oriented companies to report earnings in each quarterly cycle and the Company's report validates some trends seen elsewhere in the market. Specifically...(1/5) $HPUR $APD $LIN $NFI $CAF $BLDP #Solaris #FCEV #EnergySky #GreenSky
The extreme difference in market caps for #Bloom and #Ceres given similar product profiles is notable to me (I am long both shares). Bloom is clearly MUCH further along in its commercialization strategy. Not only...(1/6) $BE $CWR #hydrogen #fuelcells #datacenters #EnergySky #GreenSky
October 14, 2025 at 3:58 PM
The extreme difference in market caps for #Bloom and #Ceres given similar product profiles is notable to me (I am long both shares). Bloom is clearly MUCH further along in its commercialization strategy. Not only...(1/6) $BE $CWR #hydrogen #fuelcells #datacenters #EnergySky #GreenSky
3/...reversing the runoff of backlog (i.e., adding new orders) as evidenced by the "Future Revenue" data from Plug's SEC filings per the table below. The table potentially shows some initial progress in that regard in the Materials Handling business ("Hydrogen Infrastructure").
October 8, 2025 at 3:07 PM
3/...reversing the runoff of backlog (i.e., adding new orders) as evidenced by the "Future Revenue" data from Plug's SEC filings per the table below. The table potentially shows some initial progress in that regard in the Materials Handling business ("Hydrogen Infrastructure").
After bottoming out in May and June this year at $1.78, the average Wall Street analyst target price for #PlugPower has gradually recovered to $2.33 based on 17 data points that I can see. The highest estimate...(1/3) $PLUG #hydrogen #fuelcell #datacenter #electrolyzer #EnergySky #GreenSky
October 8, 2025 at 3:07 PM
After bottoming out in May and June this year at $1.78, the average Wall Street analyst target price for #PlugPower has gradually recovered to $2.33 based on 17 data points that I can see. The highest estimate...(1/3) $PLUG #hydrogen #fuelcell #datacenter #electrolyzer #EnergySky #GreenSky
Hydrogen-oriented ETFs are significantly outperforming broader based ETFs year-to-date thru 10/3, largely on the back of heavy weightings to Bloom Energy (+306% YTD) and Plug Power (+79% YTD) shares. $BE $PLUG $HYDR $HTWO $HDRO #fuelcells #electrolyzers #hydrogen #EnergySky #GreenSky
October 6, 2025 at 2:22 PM
Hydrogen-oriented ETFs are significantly outperforming broader based ETFs year-to-date thru 10/3, largely on the back of heavy weightings to Bloom Energy (+306% YTD) and Plug Power (+79% YTD) shares. $BE $PLUG $HYDR $HTWO $HDRO #fuelcells #electrolyzers #hydrogen #EnergySky #GreenSky
4/...not say anything on the call that would suggest demand is very robust out of the gate. Ceres reported another substantive step forward in the form of its partner Delta Electronics moving forward with GBP170 million plant in Taiwan focused on producing hydrogen related...
September 26, 2025 at 5:49 PM
4/...not say anything on the call that would suggest demand is very robust out of the gate. Ceres reported another substantive step forward in the form of its partner Delta Electronics moving forward with GBP170 million plant in Taiwan focused on producing hydrogen related...
3/...solid oxide fuel cells using technology licensed from Ceres. As such, this is Ceres' first opportunity to earn royalties which is the basis of Ceres’s economic model going forward. We will not have a view on sales from that factory until Doosan reports but Ceres management did...
September 26, 2025 at 5:49 PM
3/...solid oxide fuel cells using technology licensed from Ceres. As such, this is Ceres' first opportunity to earn royalties which is the basis of Ceres’s economic model going forward. We will not have a view on sales from that factory until Doosan reports but Ceres management did...
Ceres Power stock sold off this morning after a subdued FY2025 H1 earnings call that highlighted strong potential but was short on demonstrated results. A quote from #Ceres CEO Phil Caldwell shows the extent to which...(1/7) $CWR $BE $FCEL #fuelcell #hydrogen #datacenters #EnergySky #GreenSky
September 26, 2025 at 5:49 PM
Ceres Power stock sold off this morning after a subdued FY2025 H1 earnings call that highlighted strong potential but was short on demonstrated results. A quote from #Ceres CEO Phil Caldwell shows the extent to which...(1/7) $CWR $BE $FCEL #fuelcell #hydrogen #datacenters #EnergySky #GreenSky
For the second consecutive day, an underperform rating for Bloom Energy with a price target far below the average. The Jefferies analyst is highlighting similar themes to the Merrill report yesterday...(1/3) $BE $CWR $FCEL #fuelcell #hydrogen #datacenter #EnergySky #GreenSKy
September 24, 2025 at 3:09 PM
For the second consecutive day, an underperform rating for Bloom Energy with a price target far below the average. The Jefferies analyst is highlighting similar themes to the Merrill report yesterday...(1/3) $BE $CWR $FCEL #fuelcell #hydrogen #datacenter #EnergySky #GreenSKy
BIG September rally in #fuelcell stocks relative to benchmarks. Investors are clearly focused on the #datacenter opportunity. One catalyst was Bloom Energy signing a 100MW deal with #Oracle in July combined with... (1/4) $BE $FCEL $CWR $PLUG $BLDP $GRID $ICLN #hydrogen #EnergySky #GreenSky
September 22, 2025 at 5:02 PM
BIG September rally in #fuelcell stocks relative to benchmarks. Investors are clearly focused on the #datacenter opportunity. One catalyst was Bloom Energy signing a 100MW deal with #Oracle in July combined with... (1/4) $BE $FCEL $CWR $PLUG $BLDP $GRID $ICLN #hydrogen #EnergySky #GreenSky
FuelCell Energy $FCEL is trying to follow in the footsteps of Bloom Energy $BE by focusing its strategy more narrowly on #DataCenters. $FCEL employs “carbonate” #fuelcell technology versus BE’s “solid oxide” technology. Critically, both technologies run at…(1/8) $CWR #elcogen #hydrogen #EnergySky
September 19, 2025 at 2:24 PM
FuelCell Energy $FCEL is trying to follow in the footsteps of Bloom Energy $BE by focusing its strategy more narrowly on #DataCenters. $FCEL employs “carbonate” #fuelcell technology versus BE’s “solid oxide” technology. Critically, both technologies run at…(1/8) $CWR #elcogen #hydrogen #EnergySky
2/… a pathway to more than 6 million tons of carbon sequestration annually. CF expects to realize a $25-100 premium per ton for blue ammonia in a fertilizer market that is increasingly supply constrained and with new demand for clean ammonia emerging from industrial and...
September 17, 2025 at 3:07 PM
2/… a pathway to more than 6 million tons of carbon sequestration annually. CF expects to realize a $25-100 premium per ton for blue ammonia in a fertilizer market that is increasingly supply constrained and with new demand for clean ammonia emerging from industrial and...
Amid so much debate around carbon capture, leading US #ammonia producer, CF Industries, appears to be making it work both technically and commercially. A new investor presentation (Sept 15th) highlights…(1/4) $CF $LIN $OXY $TE $XOM #CCUS #topsoe #Jera #Mitsui #hydrogen #EnergySky #GreenSky
September 17, 2025 at 3:07 PM
Morgan Stanley (MS) now has the highest price target for Bloom Energy $BE on Wall Street. According to publicly available sources, the MS analyst highlighted Bloom's relationship with Oracle, a company that is experiencing a surge...(1/2) $BE $CWR $FCEL #fuelcell #hydrogen #datacenter #EnergySky
September 16, 2025 at 1:11 PM
Morgan Stanley (MS) now has the highest price target for Bloom Energy $BE on Wall Street. According to publicly available sources, the MS analyst highlighted Bloom's relationship with Oracle, a company that is experiencing a surge...(1/2) $BE $CWR $FCEL #fuelcell #hydrogen #datacenter #EnergySky
2/...powering the fast growing data center sector. As of Sept 14th, Bloom has returned more than 200% year-to-date and trades at a significant premium to key comparable companies supported by faster projected EBITDA growth according to Wall Street analyst consensus estimates...
September 15, 2025 at 3:06 PM
2/...powering the fast growing data center sector. As of Sept 14th, Bloom has returned more than 200% year-to-date and trades at a significant premium to key comparable companies supported by faster projected EBITDA growth according to Wall Street analyst consensus estimates...
On the back of #BloomEnergy’s Oracle deal (announced 7/24) followed by very bullish backlog disclosure from #Oracle (announced 9/9), investors seem to have increased confidence that Bloom’s #fuelcells will play an important role in…(1/5) $BE $CWR $FCEL #datacenters #EnergySky #GreenSky
September 15, 2025 at 3:06 PM
On the back of #BloomEnergy’s Oracle deal (announced 7/24) followed by very bullish backlog disclosure from #Oracle (announced 9/9), investors seem to have increased confidence that Bloom’s #fuelcells will play an important role in…(1/5) $BE $CWR $FCEL #datacenters #EnergySky #GreenSky
7/...representing $15 billion of investments. (Note: the report is free but you have to provide your email address). $REP $SHEL $ITM
September 2, 2025 at 2:28 PM
7/...representing $15 billion of investments. (Note: the report is free but you have to provide your email address). $REP $SHEL $ITM
2/…to green hydrogen with a similar but more gradual impact on the shipping and aviation fuels industries. The report notes that, due to various multiplier effects embedded in the regulations, deploying green hydrogen at refineries currently represents one of the most...
September 2, 2025 at 2:28 PM
2/…to green hydrogen with a similar but more gradual impact on the shipping and aviation fuels industries. The report notes that, due to various multiplier effects embedded in the regulations, deploying green hydrogen at refineries currently represents one of the most...
As a leading manufacturer of #turbines (gas/ #wind) and #grid equipment, Siemens Energy is a barometer of electrification markets and the Company’s Q3 results point to still surging demand. Management reeled off a…(1/7) $ENR $GEV $BKR $VWS $AI #hydrogen #datacenters #EnergySky #GreenSky
August 18, 2025 at 4:48 PM
As a leading manufacturer of #turbines (gas/ #wind) and #grid equipment, Siemens Energy is a barometer of electrification markets and the Company’s Q3 results point to still surging demand. Management reeled off a…(1/7) $ENR $GEV $BKR $VWS $AI #hydrogen #datacenters #EnergySky #GreenSky
...handling business both in terms of fuel cell systems and hydrogen fuel sales. Of greater concern, and perhaps contributing to underperformance of the shares today, is order activity below the rate of deliveries which is leading to a runoff of backlog across most business lines...
August 12, 2025 at 5:02 PM
...handling business both in terms of fuel cell systems and hydrogen fuel sales. Of greater concern, and perhaps contributing to underperformance of the shares today, is order activity below the rate of deliveries which is leading to a runoff of backlog across most business lines...
#PlugPower does not provide a quarterly investor presentation so it can be illuminating to review two tables included in the Company’s 10Q filing with detail on revenue by business line and “future revenue” (i.e. backlog). (1/7) $PLUG #electrolyzers #fuelcells #hydrogen #EnergySky #GreenSky
August 12, 2025 at 5:02 PM
#PlugPower does not provide a quarterly investor presentation so it can be illuminating to review two tables included in the Company’s 10Q filing with detail on revenue by business line and “future revenue” (i.e. backlog). (1/7) $PLUG #electrolyzers #fuelcells #hydrogen #EnergySky #GreenSky
CF Industries’ Q2 earnings call highlighted the launch of carbon capture and sequestration operations at its Donaldsonville SMR #ammonia plant in early July and key steps forward on its Blue Point ATR ammonia plant…(1/6) $CF $LIN $XOM $APD #hydrogen #fertilizer #jera #mitsui #EnergySky #GreenSky
August 8, 2025 at 5:00 PM
CF Industries’ Q2 earnings call highlighted the launch of carbon capture and sequestration operations at its Donaldsonville SMR #ammonia plant in early July and key steps forward on its Blue Point ATR ammonia plant…(1/6) $CF $LIN $XOM $APD #hydrogen #fertilizer #jera #mitsui #EnergySky #GreenSky
Today’s Constellation Energy Q2 earnings call included a detailed and highly informed perspective on Front-of the-Meter (FTM) versus Behind-The-Meter configurations (BTM). This is a subtle but critical issue…(1/6) $CEG $BE $CWR $GEV $ENR #hydrogen #nuclear #datacenters #EnergySky #GreenSky
August 7, 2025 at 6:32 PM
Today’s Constellation Energy Q2 earnings call included a detailed and highly informed perspective on Front-of the-Meter (FTM) versus Behind-The-Meter configurations (BTM). This is a subtle but critical issue…(1/6) $CEG $BE $CWR $GEV $ENR #hydrogen #nuclear #datacenters #EnergySky #GreenSky
Launched last September, Ravenna CCS is among the first major carbon capture projects in Italy and is a 50/50 JV between #Snam (leading Italian gas pipeline and storage company) and #Eni (leading Italian oil and gas producer)...(1/4) $SRG $E $BLK $XOM #1pointfive #CCUS #hydrogen #EnergySky #Greensky
August 6, 2025 at 7:38 PM
Launched last September, Ravenna CCS is among the first major carbon capture projects in Italy and is a 50/50 JV between #Snam (leading Italian gas pipeline and storage company) and #Eni (leading Italian oil and gas producer)...(1/4) $SRG $E $BLK $XOM #1pointfive #CCUS #hydrogen #EnergySky #Greensky