FuelCell Energy Inc (FCEL)

[MeghanStar]

Another CCUS article visa vie Chevron.

https://finance.yahoo.com/news/no-secret-chevron-building-potentially-112500452.html

A few paragraphs stick out to me..


Hydrogen and CCUS are potentially massive market opportunities. According to Deloitte, green hydrogen could exceed the worldwide LNG market by 2030 and become a $1.4 trillion annual global market by 2050. Meanwhile, Chevron's rival Exxon sees CCUS growing to a $4 trillion global market by 2050. That would put it at 60% of the global oil and gas market Exxon envisions in three decades.

Hydrogen and CCUS could be major growth drivers for Chevron in the future. Further, they could enable the company to generate steadier earnings since the business models supporting those markets tend to center around long-term, fixed-rate contracts instead of market-based pricing. Because of that, Chevron could produce much more predictable earnings growth and cash flow in the future as it revs up its lower carbon growth engines.

Chevron believes lower-carbon energy is the future. That's driving the energy giant to ramp up its investments to capture opportunities across this emerging market. Its investments in renewable fuels should start generating free cash this year, while its spending in hydrogen and CCUS could pay monster dividends in the future if those markets reach their lofty expectations. This upside makes Chevron a potentially attractive energy stock to own for the long haul.