Clean Energy Fuels Corp Overview
Company Background and Mission
Clean Energy Fuels Corp is all about shaking up the fuel game. They’re doing their part to break our habit of chugging fossil fuels by selling natural gas for trucks and other large fleets cruising around the US and Canada. They’re on a mission to make the air cleaner by slashing the grip of oil and aiming for a healthier planet.
These folks are at the forefront, pushing renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for vehicles that aren’t exactly lightweights. This mix is clever because it tackles different transportation angles while waving the green flag for Mother Earth. The company has a crew of 566 dedicated staff as of the end of last December, who are headstrong on delivering top-notch service and support (Yahoo Finance).
Toting a market cap of $672.60 million and an enterprise value sitting at $795.09 million, Clean Energy Fuels Corp is no small fry in the energy world. Big-shot investors like Total Marketing Services and Amazon Holdings have skin in the game, holding considerable shares (Clean Energy Fuels Corp).
Services and Offerings
Clean Energy Fuels Corp isn’t just about selling fuel; they’re about stockpiling innovations to keep those wheels rolling cleanly. Here’s a snapshot of what they’re bringing to the table:
- Renewable Natural Gas (RNG): This isn’t your grandpa’s gasoline. RNG is whipped up from trash sites and cow farms, cutting greenhouse gasses to bits versus old-school fuels. Fleets feeling green are all over this stuff.
- Compressed Natural Gas (CNG): Swapping out gasoline and diesel for CNG is like choosing kale over chips. It’s packed under serious pressure, perfect for buses and delivery vans bustling around town.
- Liquefied Natural Gas (LNG): When you freeze gas into a liquid, it becomes easier to stash and move a lot of it. Enter LNG, the choice for big rigs that eat up hundreds of miles.
And they don’t stop at just providing the juice; they also make sure your fuel tanks and pumps are up and running smoothly, whether at the local gas yard or your own fueling site. This well-rounded approach flatters our CLNE stock forecast, underlining a business plan that screams resilience.
| Fuel Type | Who Uses It | Why It’s Awesome |
|---|---|---|
| Renewable Natural Gas (RNG) | Big boys on the road | Slashes greenhouse gases |
| Compressed Natural Gas (CNG) | Buses and vans | Leaves gasoline and diesel eating dust |
| Liquefied Natural Gas (LNG) | Semi-trucks | Simplified massive storage and transport |
As Clean Energy Fuels Corp keeps revving up its innovation engine, their services and offerings will be a solid anchor for their spot in the market and likely stock value climb.
Curious about their stock action? Head over to see the latest in CLNE stock news and CLNE stock performance.
Financial Performance Analysis
Let’s chat about Clean Energy Fuels Corp (CLNE) and how their stock is shaking things up. Buckle up as we break down these numbers and see where CLNE is headed.
Stock Price Performance
At the kickoff of the year, Clean Energy Fuels’ stock was chilling at $2.51. Since then, it’s taken a jump by 19.9%, landing at $3.01 (MarketBeat). That bump isn’t just numbers; it’s a big thumbs-up from investors who are clearly catching feelings for CLNE’s game in the clean energy scene.
Let’s peek at how the stock strutted through the year:
| Date | Stock Price ($) |
|---|---|
| January 1 | 2.51 |
| March 1 | 2.75 |
| June 1 | 2.90 |
| September 1 | 3.01 |
| October 1 | 3.01 |
You hungry for details? Feast on our full scoop over at clne stock performance.
Earnings and Revenue Insights
Now, here’s where we nerd out a bit—CLNE’s earnings and revenue. Over the past year, they raked in $413.4 million (Yahoo Finance). That’s a pretty solid cash flow, showing these folks know how to bring in the bucks.
However, there’s a little hiccup when you look at stuff like financial charges. A warrant issuance tossed in about $76 million in non-cash contra revenue charges, messing a bit with their operating income for the year ending December 31, 2021 (Clean Energy Fuels Corp). This stuff mixes up their GAAP net income numbers, so investors might be a little 🤔.
Here’s a quick glance at some of their digits:
| Financial Metric | Value |
|---|---|
| Market Capitalization | $672.60M |
| Enterprise Value | $795.09M |
| Revenue (Trailing Twelve Months) | $413.4M |
| Impact of Non-Cash Charges | -$76M |
Get the freshest updates and musings on clne stock news.
Piecing all this together, we see Clean Energy Fuels Corp in a pretty good spot to keep growing, even if there are a few bumps in the road. Stay tuned to our ongoing analyst banter to keep tabs on their moves.
Analyst Predictions and Recommendations
We’re diving deep into Clean Energy Fuels Corp (NASDAQ: CLNE), and there’s a lot of buzz from analysts that’s worth checking out. Their predictions could be the treasure map you’ve been looking for to navigate your investment journey.
Average Price Target
So, what’s the hot take? Analysts are eyeing an average price target of $5.38 for Clean Energy Fuels Corp. That’s a spicy deal with a juicy potential for the stock to climb its way up. In plain speak, the pros think this stock’s got some serious upward mojo.
Just take a peek at the numbers below:
| Metric | Value |
|---|---|
| Average Price Target | $5.38 |
| Upside Potential | 99.81% |
For an even closer look at how this stock races on the track, check out our feature on CLNE stock forecast.
Analyst Consensus Rating
Time to see where the crowd stands. Analysts have given a consensus price target of $5.38, essentially nodding in agreement to a possible 78.57% lift off.
| Metric | Value |
|---|---|
| Consensus Price Target | $5.38 |
| Upside Potential | 78.57% |
This optimistic view is splashed across the CLNE stock news, showcasing all the exciting rumblings and mumblings in the clean energy corner. The collective thumbs-up here give us a taste of where the big players think the game is headed. For those of us hoping to reel in some returns, these little breadcrumbs of insight could be worth following.
Staying looped in on these predictions and recommendations lets us keep our fingers on the pulse. By doing so, we’re well-armed to make savvy decisions about where to place our bets on Clean Energy Fuels Corp. Don’t miss out on more insights about CLNE stock performance and see why this alternative fuel company might be worth a closer look.
Strategic Partnerships and Future Outlook
Clean Energy Fuels Corp (CLNE) isn’t just dipping its toes into the clean energy pond – they’re cannonballing right in. Taking a closer look at who they’re teaming up with and where they’re heading gives us a good idea of their game plan and future potential.
Collaborations and Investments
Let’s chat about who CLNE’s been shaking hands with. First up is Amazon. They’re laying down big bucks, between $45 to $60 million, for building RNG (Renewable Natural Gas) fueling stations. This little venture’s a part of Amazon’s pledge to hit 100% renewable energy by 2025. Talk about ambition! Clearly, Amazon’s betting big on going green.
Next on the roster is Total Marketing Services, S.E., a branch of Total, grabbing 20.1% of Clean Energy Fuels’ stock. That’s a nod of approval if you ask us – having OGs of the clean energy game backing you is no small feat.
Riding shotgun with Nikola Corp, CLNE is looking at a $50 million partnership to snatch a 20% stake in an Indiana clean hydrogen company. The plan? Rolling out hydrogen fuel cell trucks across the Midwest. Think of it like bringing clean power to the heartland.
| Collaboration Partner | Cash Flow | What’s the Deal? |
|---|---|---|
| Amazon | $45M-$60M | Set up RNG stations |
| Total Marketing Services, S.E. | 20.1% share | Strategic partnership |
| Nikola Corp. | $50M | Bring hydrogen trucks to the Midwest |
Market Position and Growth Strategies
Now, as we peek into CLNE’s strategies and where they stand in the grand scheme, it looks like they’re ready to ride the clean energy wave. With FedEx aiming to electrify its fleet by 2040, the demand for renewable solutions is on the up and up.
CLNE is plotting an expansion of its RNG infrastructure. They’re not just getting prepped; they’re jumping on the sustainability bandwagon full throttle. By teaming up with big players and beefing up what they do best, CLNE is carving itself a slice of the top-tier in the clean energy sandbox.
But that’s not all – technology is at the forefront of their plans. They’re diving into new tech to amp up energy efficiency and cut down carbon tracks. These moves aren’t just about looking good; they’re set on snagging more clients and beefing up their share of the market pie.
For a deeper dive into what might be next for CLNE on the stock front, head to our clne stock forecast. Keep your finger on the pulse by checking clne stock news for fresh updates.
So, here’s the lowdown: Clean Energy Fuels Corp isn’t holding back. With robust partnerships, eye-popping investments, and bold growth plans, they’re steering the clean energy charge into the future.
