The Industrial Gases section covers a wide range of companies with significant exposure to the hydrogen, ammonia, and helium value chains listed on major global exchanges.
Hydrogen is widely regarded as a cornerstone of the global energy transition, particularly for hard-to-abate sectors such as heavy industry, long-haul transportation, and maritime shipping. Several companies in this database are also advancing green or blue ammonia as a zero-carbon fuel and long-distance energy storage solution, expanding beyond its traditional use in agriculture. Hydrogen production methods vary significantly, from electrolysis using renewable electricity (green hydrogen) to naturally occurring geologic hydrogen, steam methane reforming with carbon capture (blue hydrogen), and emerging methods such as methane pyrolysis.
Helium is an essential industrial noble gas with unique physical properties, critical for medical applications, including magnetic resonance imaging (MRI) cooling, semiconductor manufacturing, aerospace engineering, fiber optics, and advanced scientific research. Global supply is highly concentrated, with the United States and Qatar accounting for the vast majority of world production, followed by Russia and Algeria. The sector is characterized by chronic supply constraints, high price volatility, and surging demand from high-tech industries. Coverage features companies targeting both conventional natural gas fields with economic helium concentrations and dedicated primary helium projects, primarily across North America, Africa, and Australia.
The database features manufacturers of electrolyzers and hydrogen infrastructure equipment (MAN), as well as technology developers (TEC), among others. Companies focused on hydrogen, ammonia, or helium production, storage, transportation, or advancing related projects are classified according to the following stages: exploration (EXP), feasibility (FEA), development (DEV), construction (CON), ramp-up (RMP), and production (PRO).
Each company profile combines operational and asset-level information with key financial, market, and performance metrics, complemented by interactive TradingView charts. Abbreviations used for company classifications, categories, and industry terminology are explained in the Glossary.
| Cat | Company | Ticker | HQ | MC | Price | D% | W% | M% | 3M% | 6M% | Y% | P/E | EY% | DY% | D/E | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hydrogen | |||||||||||||||||
| MAN | Cavendish Hydrogen ASA | CAVEN.OL |  | 0 B | 0 | / | 0 | ||||||||||
| MAN | Nel ASA | NEL.OL |  | / | / | -31 | / | 0.11 | |||||||||
| MAN | FuelPositive Corporation | NHHH.V |  | / | / | -118 | / | 0.03 | |||||||||
| DEV | Atome Plc | ATOM.L |  | / | / | -27142 | / | 0.27 | |||||||||
| DEV | Pure One Corporation Limited | P1E.AX |  | / | / | -54 | / | 0.02 | |||||||||
| DEV | NH3 Clean Energy Limited | NH3.AX | | / | / | / | / | / | |||||||||
| EXP | Thor Energy Plc | THR.L | | / | / | -190 | / | 0 | |||||||||
| EXP | Hyterra Ltd | HYT.AX | | / | / | -6.8 | / | 0 | |||||||||
| EXP | Constellation Resources Limited | CR1.AX | | / | / | -45 | / | 0 | |||||||||
| TEC | Provaris Energy Ltd | PV1.AX | | / | / | -27 | / | -3.5 | |||||||||
| TEC | Jericho Energy Ventures Inc | JEV.V | | / | / | -23 | / | 0.22 | |||||||||
| Helium | |||||||||||||||||
| PRO | VVC Exploration Corporation | VVC.V | | / | / | 0 | / | 0 | |||||||||
| CON | Helium One Global Ltd | HE1.L |  | / | / | 0 | / | 0 | |||||||||
| CON | Blue Star Helium Limited | BNL.AX | | / | / | 0 | / | 0 | |||||||||
| CON | Helium Evolution Incorporated | HEVI.V | | / | / | 0 | / | 0 | |||||||||
| DEV | Avanti Helium Corp | AVN.V | | / | / | 0 | / | 0 | |||||||||
| EXP | Grand Gulf Energy Limited | GGE.AX | | / | / | 0 | / | 0 | |||||||||
| EXP | Noble Helium Limited | NHE.AX | | / | / | 0 | / | 0 | |||||||||
| EXP | Desert Mountain Energy Corp | DME.V | | / | / | 0 | / | 0 | |||||||||
| EXP | First Helium Inc | HELI.V | | / | / | 0 | / | 0 | |||||||||
