NASDAQ:CLNE

Clean Energy Fuels (CLNE) Stock Price, News & Analysis

$2.59
-0.03 (-1.15%)
(As of 05/17/2024 ET)
Today's Range
$2.58
$2.67
50-Day Range
$2.21
$2.76
52-Week Range
$2.17
$5.25
Volume
866,362 shs
Average Volume
1.64 million shs
Market Capitalization
$578.24 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.60

Clean Energy Fuels MarketRank™ Stock Analysis

Analyst Rating
Buy
3.20 Rating Score
Upside/​Downside
116.2% Upside
$5.60 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
-3.52
Upright™ Environmental Score
News Sentiment
1.03mentions of Clean Energy Fuels in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.44) to ($0.39) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.81 out of 5 stars

Utilities Sector

62nd out of 92 stocks

Gas & Other Services Combined Industry

4th out of 5 stocks

CLNE stock logo

About Clean Energy Fuels Stock (NASDAQ:CLNE)

Clean Energy Fuels Corp. provides natural gas as alternative fuels for vehicle fleets and related fueling solutions 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 vehicle 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. Clean Energy Fuels Corp. was incorporated in 2001 and is headquartered in Newport Beach, California.

CLNE Stock Price History

CLNE Stock News Headlines

The 7 Most Undervalued Stocks Under $20 to Buy in May 2024
Clean Energy Fuels (NASDAQ:CLNE) Shares Gap Up to $2.41
The Top 7 Under-$10 Stocks to Buy in March 2024
See More Headlines
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Company Calendar

Last Earnings
2/27/2024
Today
5/17/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Gas & other services combined
Sub-Industry
Oil & Gas Refining & Marketing
Current Symbol
NASDAQ:CLNE
CUSIP
18449910
Employees
566
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$5.60
High Stock Price Target
$7.50
Low Stock Price Target
$4.00
Potential Upside/Downside
+116.2%
Consensus Rating
Buy
Rating Score (0-4)
3.20
Research Coverage
5 Analysts

Profitability

Net Income
$-99,500,000.00
Pretax Margin
-20.27%

Debt

Sales & Book Value

Annual Sales
$425.16 million
Book Value
$3.27 per share

Miscellaneous

Free Float
215,226,000
Market Cap
$578.24 million
Optionable
Optionable
Beta
2.08

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CLNE Stock Analysis - Frequently Asked Questions

Should I buy or sell Clean Energy Fuels stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clean Energy Fuels in the last twelve months. There are currently 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CLNE shares.
View CLNE analyst ratings
or view top-rated stocks.

What is Clean Energy Fuels' stock price target for 2024?

5 brokers have issued 1 year target prices for Clean Energy Fuels' shares. Their CLNE share price targets range from $4.00 to $7.50. On average, they predict the company's stock price to reach $5.60 in the next year. This suggests a possible upside of 116.2% from the stock's current price.
View analysts price targets for CLNE
or view top-rated stocks among Wall Street analysts.

How have CLNE shares performed in 2024?

Clean Energy Fuels' stock was trading at $3.83 at the start of the year. Since then, CLNE stock has decreased by 32.4% and is now trading at $2.59.
View the best growth stocks for 2024 here
.

When is Clean Energy Fuels' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our CLNE earnings forecast
.

How were Clean Energy Fuels' earnings last quarter?

Clean Energy Fuels Corp. (NASDAQ:CLNE) announced its quarterly earnings data on Tuesday, February, 27th. The utilities provider reported ($0.08) earnings per share for the quarter, topping analysts' consensus estimates of ($0.10) by $0.02. The utilities provider earned $106.86 million during the quarter, compared to the consensus estimate of $106.50 million. Clean Energy Fuels had a negative trailing twelve-month return on equity of 11.09% and a negative net margin of 19.98%.

What is Andrew J. Littlefair's approval rating as Clean Energy Fuels' CEO?

44 employees have rated Clean Energy Fuels Chief Executive Officer Andrew J. Littlefair on Glassdoor.com. Andrew J. Littlefair has an approval rating of 44% among the company's employees. This puts Andrew J. Littlefair in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 59.0% of employees surveyed would recommend working at Clean Energy Fuels to a friend.

What other stocks do shareholders of Clean Energy Fuels own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Clean Energy Fuels investors own include Westport Fuel Systems (WPRT), Chesapeake Energy (CHKAQ), NVIDIA (NVDA), Ford Motor (F), OPKO Health (OPK), XOMA (XOMA), Advanced Micro Devices (AMD), Intel (INTC) and Kinder Morgan (KMI).

Who are Clean Energy Fuels' major shareholders?

Clean Energy Fuels' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (4.52%), Rice Hall James & Associates LLC (0.49%), Connors Investor Services Inc. (0.36%), Zimmer Partners LP (0.24%), Clearbridge Investments LLC (0.19%) and Russell Investments Group Ltd. (0.12%). Insiders that own company stock include Andrew J Littlefair, Barclay Corbus, Marketing Services SA Total, Marketing Services SAS Total, Mitchell W Pratt and Robert M Vreeland.
View institutional ownership trends
.

How do I buy shares of Clean Energy Fuels?

Shares of CLNE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CLNE) was last updated on 5/18/2024 by MarketBeat.com Staff

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