CLNE Stock - Clean Energy Fuels Corp.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $415.87M | $425.16M | $420.16M | $255.65M | $291.72M |
| Gross Profit | $83.58M | $35.87M | $57.75M | $-5,142,000 | $58.63M |
| Gross Margin | 20.1% | 8.4% | 13.7% | -2.0% | 20.1% |
| Operating Income | $-36,353,000 | $-76,400,000 | $-51,707,000 | $-95,048,000 | $-9,844,000 |
| Net Income | $-83,070,000 | $-99,497,000 | $-58,733,000 | $-93,146,000 | $-9,864,000 |
| Net Margin | -20.0% | -23.4% | -14.0% | -36.4% | -3.4% |
| EPS | $-0.37 | $-0.45 | $-0.26 | $-0.44 | $-0.05 |
Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets and related fueling solutions, primarily in the United States and Canada. It supplies renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for medium and heavy-duty vehicles; and offers operation and maintenance services for public and private vehicle fleet customer stations. The company also designs, builds, operates, and maintains fueling stations; and sells and services compressors and other equipment that are used in RNG production and fueling stations. In addition, it transports and sells CNG, RNG, and LNG through virtual natural gas pipelines and interconnects; sells U.S. federal, state, and local government credits, such as RNG as a vehicle fuel, including Renewable Identification Numbers and Low Carbon Fuel Standards credits; and obtains federal, state, and local credits, grants, and incentives. Further, the company focuses on developing, owning, and operating dairy and other livestock waste RNG projects. It serves heavy-duty trucking, airports, refuse, public transit, industrial, and institutional energy users, as well as government fleets. As of December 31, 2021, the company served approximately 1,000 fleet customers operating approximately 48,000 vehicles; and owned, operated, or supplied approximately 548 fueling stations in 42 states in the United States and 25 fueling stations in Canada. Clean Energy Fuels Corp. was incorporated in 2001 and is headquartered in Newport Beach, California.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| August 8th 2025 | Jefferies | Downgrade | Hold | - |
| October 3rd 2023 | Raymond James | Upgrade | Strong Buy | $6 |
| September 5th 2023 | Northland Capital | Initiation | Outperform | $7.5 |
| July 13th 2023 | Stifel | Initiation | Buy | $6 |
| April 5th 2023 | Raymond James | Upgrade | Outperform | $6 |
| February 28th 2023 | Piper Sandler | Initiation | Overweight | $8 |
| December 14th 2022 | UBS | Initiation | Buy | $12 |
| October 19th 2022 | Jefferies | Initiation | Buy | $9 |
| September 8th 2022 | Scotiabank | Initiation | Sector Outperform | - |
| August 16th 2022 | Raymond James | Downgrade | Market Perform | - |
| May 10th 2022 | Raymond James | Upgrade | Outperform | $6 |
Earnings History & Surprises
CLNEEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 6, 2026 | — | — | — | — |
Q1 2026 | Feb 23, 2026 | $-0.03 | — | — | — |
Q4 2025 | Nov 4, 2025 | $-0.04 | $-0.11 | -175.0% | ✗ MISS |
Q3 2025 | Aug 7, 2025 | $-0.07 | $-0.01 | +85.7% | ✓ BEAT |
Q2 2025 | May 8, 2025 | $-0.20 | $0.01 | +105.0% | ✓ BEAT |
Q1 2025 | Feb 24, 2025 | $-0.02 | $0.02 | +200.0% | ✓ BEAT |
Q4 2024 | Nov 6, 2024 | $0.01 | $0.02 | +186.9% | ✓ BEAT |
Q3 2024 | Aug 7, 2024 | $0.00 | $0.01 | +129.4% | ✓ BEAT |
Q2 2024 | May 9, 2024 | $-0.01 | $-0.01 | -77.0% | ✗ MISS |
Q1 2024 | Feb 27, 2024 | $0.00 | $0.01 | +350.5% | ✓ BEAT |
Q4 2023 | Nov 9, 2023 | $-0.06 | $-0.12 | -100.0% | ✗ MISS |
Q3 2023 | Aug 9, 2023 | $-0.04 | $-0.07 | -100.0% | ✗ MISS |
Q2 2023 | May 9, 2023 | $-0.04 | $-0.07 | -59.1% | ✗ MISS |
Q1 2023 | Feb 28, 2023 | $0.01 | $0.01 | +12.5% | ✓ BEAT |
Q4 2022 | Nov 8, 2022 | $0.03 | $0.06 | +81.2% | ✓ BEAT |
Q3 2022 | Aug 4, 2022 | $-0.03 | $-0.06 | -100.0% | ✗ MISS |
Q2 2022 | May 5, 2022 | $-0.01 | $-0.05 | -233.3% | ✗ MISS |
Q1 2022 | Feb 24, 2022 | $0.04 | $0.03 | -14.6% | ✗ MISS |
Q4 2021 | Nov 4, 2021 | $0.01 | $0.01 | -14.6% | ✗ MISS |
Q3 2021 | Aug 5, 2021 | — | $0.01 | — | — |
Latest News
Clean Energy Fuels Completes Renewable Natural Gas Facility At South Fork Dairy In Dimmitt, Texas
📈 PositiveClean Energy Fuels shares are trading lower. The company reported Q3 financialr esults.
📉 NegativeClean Energy Fuels Q3 Sales $106.137M Beat $102.480M Estimate
📈 PositiveClean Energy Inks New Fueling Agreements Totaling Millions Of Gallons Of RNG And LNG For Fleets Nationwide
📈 PositiveClean Energy Fuels Unveils New Natural Gas Truck To Cut Emissions and Fuel Costs
📈 PositiveShares of solar-related companies are trading higher. The sector has recently seen strength after China's Commerce Ministry announced that foreign suppliers must obtain approval to export certain products containing rare-earth materials, and the country will require licenses for the export of specific lithium batteries.
📈 PositiveShares of solar-related companies are trading higher amid overall market strength. The sector saw strength last Thursday after China's Commerce Ministry announced that foreign suppliers must obtain approval to export certain products containing rare-earth materials, and the country will require licenses for the export of specific lithium batteries.
📈 PositiveCORRECTION: The Sector Are Solar-Related Companies
➖ NeutralShares of solar-related stocks are trading lower after President Trump posted on social media that he is considering a "massive increase of Tariffs on Chinese products coming into the United States of America" and that there may be other countermeasures.
📉 NegativeShares of solar-related stocks are trading higher after China's Commerce Ministry announced that foreign suppliers must obtain approval to export certain products containing rare-earth materials. Rare-earth minerals are necessary for solar panel systems and their broader technology.
📈 PositiveShares of solar, wind and clean energy stocks are trading lower following reports suggesting President Trump may cancel an additional $12 billion of funding for clean energy projects.
📉 NegativeClean Energy Wins $11.3M Deal To Build Second Hydrogen Bus Fueling Station For Foothill Transit
📈 PositiveClean Energy And Maas Energy Works Break Ground On $80M RNG Dairy Projects Across Four States, Expected To Produce 3M Gallons Annually By 2026
📈 PositiveFrequently Asked Questions about CLNE
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