CLNE - Clean Energy Fuels Corp.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
2.6800
+0.0200 (+0.75%)
As of 2:24PM EDT. Market open.
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Previous Close2.6600
Open2.6700
Bid2.6700 x 1400
Ask2.6800 x 1400
Day's Range2.6300 - 2.7200
52 Week Range1.6100 - 3.4700
Volume263,088
Avg. Volume855,648
Market Cap548.473M
Beta (3Y Monthly)0.93
PE Ratio (TTM)N/A
EPS (TTM)-0.1390
Earnings DateAug 8, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est6.50
Trade prices are not sourced from all markets
  • Business Wire7 days ago

    Clean Energy to Report Second Quarter 2019 Financial Results on August 8; Conference Call to Follow at 1:30 p.m. PDT

    Clean Energy Fuels Corp. announced today it will release financial results for the second quarter of 2019 on Thursday, August 8, 2019 after market close, followed by an investor conference call at 4:30 p.m.

  • Renewable Natural Gas Now Available in New York City as Clean Energy Opens Fueling Station in The South Bronx
    Business Wire8 days ago

    Renewable Natural Gas Now Available in New York City as Clean Energy Opens Fueling Station in The South Bronx

    Clean Energy Fuels Corp. (Nasdaq: CLNE), the leading provider of natural gas fuel for transportation in North America, welcomed city officials, community leaders, and environmental advocates to the opening of its newest natural gas fueling station in Hunts Point—the first station in New York City to exclusively offer renewable natural gas (RNG) for medium- and heavy-duty vehicle fleets. “A few blocks from here is Hunts Point Market, the largest food distribution center of its kind in the world, resulting in approximately 15,000 truck trips per day,” said Chad Lindholm, vice president of sales for Clean Energy.

  • 2 Companies Building the Circular Economy
    Motley Fool12 days ago

    2 Companies Building the Circular Economy

    These businesses are turning wasteful consumption into long-term value for shareholders and the planet.

  • Here’s What Hedge Funds Think About Clean Energy Fuels Corp (CLNE)
    Insider Monkey20 days ago

    Here’s What Hedge Funds Think About Clean Energy Fuels Corp (CLNE)

    Insider Monkey has processed numerous 13F filings of hedge funds and successful investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find write-ups about an individual hedge fund's trades on numerous financial news […]

  • Revenue Numbers Aside, There’s No Good Reason to Buy PLUG Stock
    InvestorPlace24 days ago

    Revenue Numbers Aside, There’s No Good Reason to Buy PLUG Stock

    Plug Power (NASDAQ:PLUG) has had a long and unsuccessful run on the capital markets. Plug stock started trading in 1998 around $120 per share (split-adjusted) and ran up to as high as $1,500 per share over the next couple of years.But the price collapsed shortly thereafter and has never recovered. Shares dropped under $10 in 2008, and PLUG stock would fall to as low as 13 cents earlier this decade. In 2014, PLUG stock briefly spiked to $10, but that rally failed as well and shares are back down to $2 now.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis is a classic sort of boom and bust trading pattern of many small NASDAQ companies. They labor on for many years, hoping to commercialize some new or improved technology with limited success.Plug Power fits the mold. It has been able to generate a fair amount of revenue over the years. But it has never reached a point of achieving consistent profits; in general, its margins have been too low for the business to ever take off. * The 7 Best Dow Jones Stocks to Buy for the Rest of 2019 Huge Ongoing LossesDespite scaling up its revenues dramatically, there is little evidence that Plug Power is about to become a viable profitable business. From 2013 to 2018, Plug Power has increased its revenues from $25 million to $175 million. Gross profit, however, only flipped from a small loss to a gain of $2.6 million in 2018.Normally, if revenues go up sevenfold, you'd expect it to do more for your profit margins. Making $2.6 million in profit on your goods sold off of $175 million is rather lackluster.The company spends about $40 million per year on overhead. On top of that, it is spending around $30 million per year on R&D. Thus, while it only makes a gross profit of less than $3 million, it has more than $70 million in other costs that it has to fund each year to keep the business operating and competitive.Throw in more expenses, such as interest on the company's rising debt load, and annual losses approach $100 million per year. This figure has been spiking upward recently, even as revenues have gone up dramatically.As such, there's simply not much evidence that Plug Power's current business model is anywhere close to a trajectory needed to eventually become a solid business for PLUG stock owners. Hydrogen Still Is an Issue for Plug PowerThere are niche markets where hydrogen fuel cells are already practical products with viable use cases. But much of the enthusiasm for this sort of stock comes from the idea that hydrogen is going to go mainstream. Some folks, such as the people who publish Capitalist Exploits suggest that hydrogen is about to take off.They say hydrogen stocks will boom over the next five to ten years and investors have to get in now before the market surges.I don't buy their argument. If you read the full report, much of it is about the potential for future hydrogen fuel cell usage in mass markets such as transportation vehicles. But this market has already existed, to a limited extent, for the past decade and is showing little sign of reaching an inflection point now.If anything, electric vehicles are making it harder for hydrogen to take off. How many alternatives to internal combustion engine vehicles is the market going to support at once?It's worth considering that we've seen this movie before. A decade ago, billionaire Boone Pickens heavily pushed natural gas-powered vehicles. The Clean Fuels (NASDAQ:CLNE) company was a multi-billion market cap outfit that intended to take natural gas cars mainstream. It didn't work out, however. Despite natural gas fuel being both cheaper and cleaner than gasoline, the savings weren't sufficient to cause a mass shift.Hydrogen faces many more obstacles than natural gas did in trying to go mainstream. Hydrogen is more dangerous - see this station blowing up recently, for example, which led Toyota (NYSE:TM) to stop selling its hydrogen models. Stations using hydrogen cost much more to build than gas stations or electric charging facilities. And outside of a few markets like California, there isn't enough hydrogen infrastructure in place. PLUG stock could get a big boost if hydrogen vehicles get popular. But I'd bet heavily that they won't over the next few years. PLUG Stock VerdictCompetitor FuelCell Energy (NASDAQ:FCEL) got rid of its CEO and hired a restructuring firm earlier this month. That strongly implies the possibility that FuelCell will be going bankrupt shortly. That's even with them announcing a new deal with ExxonMobil (NYSE:XOM) recently. FCEL stock is down to 22 cents, and has lost 99% of its value over the past year.FuelCell's collapse has served as another reminder of the difficulty of taking hydrogen mainstream. There's a huge difference between having a cool technology that works in a lab, and having something that you can sell in the mass market profitably.Now, Plug Power isn't about to follow FuelCell's path. At least not yet. Plug Power's market cap is still over $500 million, meaning that it has plenty of ability to keep issuing new shares to fund its ongoing losses. Still, one must wonder how long the market will keep tolerating Plug Power's unending string of massive cash burn.After twenty years on the public markets, it's increasingly hard to think that the company's business model will ever turn into a significant success for its shareholders.At the time of this writing, Ian Bezek owned XOM stock. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Dow Jones Stocks to Buy for the Rest of 2019 * 5 Boring Stocks to Buy This Summer * 7 S&P 500 Stocks to Buy With Little Debt and Lots of Profits Compare Brokers The post Revenue Numbers Aside, There's No Good Reason to Buy PLUG Stock appeared first on InvestorPlace.

  • Does Clean Energy Fuels Corp.'s (NASDAQ:CLNE) CEO Pay Reflect Performance?
    Simply Wall St.last month

    Does Clean Energy Fuels Corp.'s (NASDAQ:CLNE) CEO Pay Reflect Performance?

    Andrew Littlefair became the CEO of Clean Energy Fuels Corp. (NASDAQ:CLNE) in 2001. This report will, first, examine...

  • UPS Just Sent a Clear Message About Which Alternative Fuel Is Winning Now
    Motley Foollast month

    UPS Just Sent a Clear Message About Which Alternative Fuel Is Winning Now

    The company's recent deal with Clean Energy Fuels will make renewable natural gas the centerpiece of its transition to low-carbon fuels.

  • Has Clean Energy Fuels (CLNE) Outpaced Other Utilities Stocks This Year?
    Zacks2 months ago

    Has Clean Energy Fuels (CLNE) Outpaced Other Utilities Stocks This Year?

    Is (CLNE) Outperforming Other Utilities Stocks This Year?

  • Benzinga2 months ago

    UPS Places Big Order For Renewable Fuel In Bid To Hit Ambitious Sustainability Target

    UPS Inc. (NYSE: UPS) said May 22 that it placed the largest order for renewable natural gas (RNG) in U.S. history with the purchase of 170 million gallon equivalents of the alternate fuel over the next seven years. Under the deal, the Atlanta-based transport and logistics giant will pay Clean Energy Fuels, (NASDAQ: CLNE) one of the nation's leading natural gas suppliers, for the energy, which will be used to run the natural gas-powered delivery vehicles in the UPS fleet. UPS has 6,100 natural gas vehicles operating in nine countries, including the U.S. The cost for the fuel, in present-day dollars, is around $95 million.

  • Why Avon Products, Sea Limited, and Clean Energy Fuels Jumped Today
    Motley Fool2 months ago

    Why Avon Products, Sea Limited, and Clean Energy Fuels Jumped Today

    A mix of good news helped these stocks avoid the market's malaise.

  • Why Shares of Clean Energy Fuels Are Surging on Wednesday
    Motley Fool2 months ago

    Why Shares of Clean Energy Fuels Are Surging on Wednesday

    The alternative fuel provider is significantly expanding its relationship with a major shipping customer.

  • UPS commits to largest purchase of 'renewable natural gas' ever in U.S.
    American City Business Journals2 months ago

    UPS commits to largest purchase of 'renewable natural gas' ever in U.S.

    UPS says its deal with Clean Energy Fuels involves buying 170 million gallon equivalents of renewable natural gas.

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of CLNE earnings conference call or presentation 9-May-19 8:30pm GMT

    Q1 2019 Clean Energy Fuels Corp Earnings Call

  • 3 Top Energy Stocks to Buy Right Now
    Motley Fool2 months ago

    3 Top Energy Stocks to Buy Right Now

    A high-yield value stock, a technology leader in solar, and the biggest supplier of renewable natural gas.

  • Clean Energy Fuels Sees Hammer Chart Pattern: Time to Buy?
    Zacks2 months ago

    Clean Energy Fuels Sees Hammer Chart Pattern: Time to Buy?

    Clean Energy Fuels Corp. (CLNE) has been struggling lately, but the selling pressure may be coming to an end soon.

  • Key Takeaways From Clean Energy Fuels' Earnings Report
    Motley Fool2 months ago

    Key Takeaways From Clean Energy Fuels' Earnings Report

    The company's operations consumed a lot of cash to start 2019, but strong volume growth, improvements in its operations, and a big-oil partnership bode well.

  • Clean Energy Fuels Corp (CLNE) Q1 2019 Earnings Call Transcript
    Motley Fool2 months ago

    Clean Energy Fuels Corp (CLNE) Q1 2019 Earnings Call Transcript

    CLNE earnings call for the period ending March 31, 2019.

  • Associated Press2 months ago

    Clean Energy Fuels: 1Q Earnings Snapshot

    On a per-share basis, the Newport Beach, California-based company said it had a loss of 5 cents. Losses, adjusted for non-recurring costs and stock option expense, were 1 cent per share. The provider of ...

  • Business Wire2 months ago

    Clean Energy Reports 95.2 Million Gallons Delivered and Revenue of $77.7 Million for First Quarter of 2019

    Clean Energy Fuels Corp. today announced its operating results for the first quarter of 2019.

  • Clean Energy Zero Now Truck Orders Surpass 250 and Climbing
    Business Wire2 months ago

    Clean Energy Zero Now Truck Orders Surpass 250 and Climbing

    The demand for clean, cost-effective renewable natural gas (RNG) as a transportation fuel continues to rise as Clean Energy Fuels Corp. (Nasdaq: CLNE) announced it has reached agreement with trucking firms to lease or purchase more than 250 new heavy-duty trucks, fueled by its Redeem™ RNG. Clean Energy’s Zero Now program makes the cost of leasing or purchasing a new natural gas heavy-duty truck equal to the price or even lower than that of the same truck equipped with a diesel engine. With financing made available by Zero Now, along with grant programs available in many states, trucking companies are rolling out trucks equipped with the new Cummins-Westport (CWI) ultralow NOx ISX12N natural gas engine, which provide the same torque and reliability as their diesel counterparts.

  • If You Had Bought Clean Energy Fuels (NASDAQ:CLNE) Stock A Year Ago, You Could Pocket A 103% Gain Today
    Simply Wall St.3 months ago

    If You Had Bought Clean Energy Fuels (NASDAQ:CLNE) Stock A Year Ago, You Could Pocket A 103% Gain Today

    Unless you borrow money to invest, the potential losses are limited. But if you pick the right business to buy shares in, you can make more than you can lose. Take, for example Clean Energy Fuels Corp. (NASDAQ:CLNE). Its...

  • Business Wire3 months ago

    Clean Energy to Report First Quarter 2019 Financial Results on May 9; Conference Call To Follow at 1:30 p.m. PDT

    Clean Energy Fuels Corp.  announced today it will release financial results for the first quarter of 2019 on Thursday, May 9, 2019 after market close, followed by an investor conference call at 4:30 p.m.

  • 3 Top Oil Stocks to Buy With Your Tax Refund
    Motley Fool3 months ago

    3 Top Oil Stocks to Buy With Your Tax Refund

    April 15 has come and gone. If you plan to buy stocks with your tax refund, put these three oil stocks on your list.

  • Moving Average Crossover Alert: Clean Energy Fuels
    Zacks3 months ago

    Moving Average Crossover Alert: Clean Energy Fuels

    Clean Energy Fuels is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

  • ACCESSWIRE3 months ago

    Investing in Energy Efficiency

    HENDERSON, NV / ACCESSWIRE / April 8, 2019 / As of 2016, global investment in energy efficiency was at $231 billion, as stated by International Energy Agency. That number could grow as Canada just pledged ...