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Clean Energy Fuels Corp

Clean Energy Fuels Corp (CLNE)

2.68
0.05
(1.90%)
Closed March 28 04:00PM
2.6997
0.0197
(0.74%)
After Hours: 07:49PM

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Key stats and details

Current Price
2.6997
Bid
2.67
Ask
2.70
Volume
1,831,134
2.6101 Day's Range 2.71
2.32 52 Week Range 5.25
Market Cap
Previous Close
2.63
Open
2.62
Last Trade
70
@
2.7
Last Trade Time
Financial Volume
$ 4,880,166
VWAP
2.6651
Average Volume (3m)
1,649,956
Shares Outstanding
223,238,496
Dividend Yield
-
PE Ratio
-5.99
Earnings Per Share (EPS)
-0.45
Revenue
425.16M
Net Profit
-99.5M

About Clean Energy Fuels Corp

Clean Energy Fuels Corp is a natural gas marketer and retailer operating in the United States and Canada. The company supplies compressed natural gas, liquefied natural gas, and renewable natural gas as an alternative fuel for vehicles. The majority of revenue is generated within the U.S. and mostly... Clean Energy Fuels Corp is a natural gas marketer and retailer operating in the United States and Canada. The company supplies compressed natural gas, liquefied natural gas, and renewable natural gas as an alternative fuel for vehicles. The majority of revenue is generated within the U.S. and mostly consists of compressed natural gas. The company operates by purchasing natural gas from local utilities; compressing, cooling, or liquefying it at company-owned plants; and selling natural gas products through company-owned or customer-owned fueling stations. The company also builds, operates, and maintains natural gas fueling stations for customers. The company's target markets include heavy-duty trucking, airports, public transit, institutional energy users, and government fleets. Show more

Sector
Gas & Other Serv Combined
Industry
Finance Services
Headquarters
Wilmington, Delaware, USA
Founded
2010
Clean Energy Fuels Corp is listed in the Gas & Other Serv Combined sector of the NASDAQ with ticker CLNE. The last closing price for Clean Energy Fuels was $2.63. Over the last year, Clean Energy Fuels shares have traded in a share price range of $ 2.32 to $ 5.25.

Clean Energy Fuels currently has 223,238,496 shares outstanding. The market capitalization of Clean Energy Fuels is $596.05 million. Clean Energy Fuels has a price to earnings ratio (PE ratio) of -5.99.

CLNE Latest News

Clean Energy Appoints Patrick J. Ford to Board of Directors

Clean Energy Fuels Corp. (Nasdaq: CLNE) today announced that it has appointed Patrick J. Ford to the company’s Board of Directors, effective March 27, 2024. In addition to serving on the Board of...

Form 4 - Statement of changes in beneficial ownership of securities

SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPFiled pursuant to Section 16(a) of the Securities Exchange...

Form 4 - Statement of changes in beneficial ownership of securities

SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPFiled pursuant to Section 16(a) of the Securities Exchange...

Form 4 - Statement of changes in beneficial ownership of securities

SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPFiled pursuant to Section 16(a) of the Securities Exchange...

Clean Energy Reports Revenue of $106.9 Million and 57.0 Million RNG Gallons Sold for the Fourth Quarter of 2023

Clean Energy Fuels Corp. (NASDAQ: CLNE) (“Clean Energy” or the “Company”) today announced its operating results for the fourth quarter of 2023 and year ended December 31, 2023. Financial...

Clean Energy Turns DFW Area into a Renewable Natural Gas Hub

Opening of Two New Stations Allows Fleets to Easily Operate on Ultra-Low Carbon Fuel Clean Energy Fuels Corp. (Nasdaq: CLNE) announced the opening of two new fueling stations that offer...

Clean Energy’s Renewable Natural Gas Facility at Marshall Ridge Dairy in Iowa Begins Production

Clean Energy Fuels Corp. (Nasdaq: CLNE) today announced the completion of its latest renewable natural gas (RNG) facility in Marshall County, Iowa. The Marshall Ridge Dairy project is expected to...

Clean Energy’s Renewable Natural Gas Digester at Tri-Cross Dairy Begins Production

Clean Energy Fuels Corp. (Nasdaq: CLNE) announced the successful completion and operational launch of its latest renewable natural gas (RNG) production facility at Tri-Cross Dairy in Viborg...

Clean Energy to Report Fourth Quarter 2023 Financial Results on February 27; Conference Call to Follow at 1:30 p.m. Pacific Time

Clean Energy Fuels Corp. (Nasdaq: CLNE) announced today it will release financial results for the fourth quarter of 2023 on February 27, 2024 after market close, followed by an investor...

Form 4 - Statement of changes in beneficial ownership of securities

SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPFiled pursuant to Section 16(a) of the Securities Exchange...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.06972.650190114072.632.712.3220137872.51322208CS
4-0.2803-9.406040268462.983.1252.3218621112.63239604CS
12-0.9903-26.8373983743.693.72.3216499562.92729547CS
26-1.0103-27.23180592993.714.142.3218107783.3358805CS
52-1.3703-33.66830466834.075.252.3217446093.85570554CS
156-10.6253-79.73958724213.32514.772.3240600567.81955441CS
260-0.3703-12.06188925083.0719.791.0534614587.71025709CS

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CLNE Discussion

View Posts
marvin01 marvin01 2 weeks ago
In 2005 or 2006 Clean Energy stock was at a historic high of around $25 or $26 per share and a darling of Wall Street. Here we are almost twenty years later, billions spent on building an unprofitable infrastructure and hundreds of millions if not billions in execution compensation and the stocks has never come close to the high in 20 years! The stock is two dollars away from becoming a penny stock with a better than average chance of a reverse split, what an slap in the face to investors! Littlefield and his crew have made millions while destroying the value of this company!
👍️0
marvin01 marvin01 2 weeks ago
Thanks for the info but this has been in existence since 2005, most analysts forecasted 2019 for profitability. What this company does well is spend money on projects that don't yield profitability! They have been building out infrastructure for decades at what point can shareholders expect to a return on investments? Boone Pickens isn't coming thru the door and Littlefield hasn't shown the ability to get us there! I remember when the CEO of Chesapeake Energy died and at the time both companies were perceived in a similar manner but Chesapeake stock today is over $70 and this dog has been trading within a range for decades! I'm glad you are optimistic but we have been promised profitability for decades without success!
👍️0
pack10 pack10 3 weeks ago
Marvin01
take a look at this article. For those who complain about the subsidies for RNG. Look at the $240k California is giving away!!!

Also, check out the number of X15N engine already hitting the market, along with expected sales for 2024 and beyond.

https://finance.yahoo.com/news/diesel-distancing-propels-alternative-fuel-160000062.html
👍️0
pack10 pack10 4 weeks ago
This could be the year, not if NatGas stays under $2. A bit from the transcript

The second pillar and one that sets us apart from virtually any other company is that Clean Energy has the leading network of RNG distribution stations in North America, which enable our customers to achieve their low-carbon goals by supplying RNG to their fleets. Many of our stations are strategically located on important trucking corridors with public fueling access for existing and future customers. And that number is growing with the opening of stations where Amazon operates as our anchor customer. Some of our stations are customer-owned, where we provide services and suppliers.
The third pillar of our business is how we work with our customers in many ways beyond just the sale of fuel. This includes education on the benefits of RNG and achieving emission goals, product procurement, operational support, station construction and servicing facility modification and navigating the complex world of sustainability reporting public policy and grant applications. Clean energy is also the largest distributor of third party RNG production to the transportation industry by our customers with RNG from over 100 different production sources. We are the largest off-taker and the business cannot be more pleased to extend our network and our service offerings to a vast group of fleets that will soon be able to adopt RNG vehicles.
Thanks to Cummins new X15 and engine, which is a catalyst for our growth feedback from the fleets operating the test units of this engine has been very positive. Back are as recently opened the order book for trucks equipped with the x15N. and commercial deliveries are expected in the early part of the second half of the year for OEMs have said they will follow suit and by offering the new engine in their models, the largest segment of the trucking market will soon have access to and RMG solution. And this could not come at a better time for our industry and costs. Rng as a transportation fuel is becoming more mainstream. During the last quarter, our customer base volumes grew with fleets that operate in the ports of L.A. and Long Beach like Lincoln transportation services, ecology, auto parts and cross border Express with transit agencies such as nice bus and Long Island and multiple refuse operator and hot off the press. We recently signed an agreement with SeaMex, one of the largest concrete companies in the world to fuel 40 of their cement trucks. The RNG industry recently not that significant victory with the Mexico passing legislation to status establish a low carbon fuel program. We believe this demonstrates the acceptance of these programs as a good way to address emissions issues that continue to expand. There are positive signs that other important states in the Midwest and Northeast could soon follow.
Three years ago, we established our fourth pillar with the formation of joint ventures with BP and Total Energies to invest directly in RNG production facilities at dairies in the U.S., we did this because we believe in RNG as a long-term solution and our industry needs more RNG to meet growing demand, saw an opportunity to invest our capital at attractive returns in these projects while augmenting the third party RNG supply.
I just mentioned, and we are doing just that today, Clean Energy has invested $238 million of our capital into these joint ventures and another $35 million of our own funds in the future. Our energy dairy projects, six projects have completed construction and are operating are at or are in final commissioning. New projects are in or near construction and we continue to evaluate others in our pipeline. Seeing these projects online is no small feat fires, complex engineering, construction operations and regulatory approvals. The world needs this ultra low carbon fuel and our industry needs to produce it more efficiently. We have the right platform and the right partners to take on this challenge. And we are on the path to achieving improvements in project cost and time. Bob will go into more detail. But when these projects come online, they have a ramp up period of about nine to 12 months where the project is producing gas, but not yet monetizing federal and state environmental credits. This brought five projects coming online at the beginning of this year. This ramp up period will have a negative drag on our financials in 2024 until we can monetize the RNG produced with environmental credits used to virtually store R&G until the regulatory pathways are certified to maximize revenue from environmental credits. This will create a lag in revenue recognition while operating costs are being recognized at the time we produce the renewable gas. This is an accounting and regulatory feature of our industry that we want investors understand and should not detract from our successful completion of dairy RNG projects, all producing ultra-low emissions, fuel that we supply to our customer. This is also more amplified as we are starting from zero in the upstream production of RNG. As we bring more projects online, the glaring financial startup impact should be muted by projects operating at full financial capabilities. And the first pillar of our business strategy is the fact that we have a strong balance sheet to fund our continued growth in both stations and RNG projects. In December, we announced a $400 million term loan facility with Stonepeak, $300 million was funded at close and an additional $100 million can be drawn by us for a two year commitment period. We have secured the capital needed for our next phase of growth, and we are pleased to be partnered with a well-respected infrastructure investment firm like Stonepeak, our existing station footprint is well positioned to support additional volumes from new customers. We also expect opportunities to expand our network with new stations strategically positioned for our customers like our stations, we have built to benefit Amazon over the last three to four months. We've opened two stations for heavy-duty trucks in Texas, filling California, a second one in Ohio and others around the country, bringing the total in 2023 to 18 purpose-built stations. Amazon continues also utilize over 75 other Clean Energy stations on any given day.
👍️0
pack10 pack10 4 weeks ago
This could be the year, not if NatGas stays under $2. A bit from the transcript

The second pillar and one that sets us apart from virtually any other company is that Clean Energy has the leading network of RNG distribution stations in North America, which enable our customers to achieve their low-carbon goals by supplying RNG to their fleets. Many of our stations are strategically located on important trucking corridors with public fueling access for existing and future customers. And that number is growing with the opening of stations where Amazon operates as our anchor customer. Some of our stations are customer-owned, where we provide services and suppliers.
The third pillar of our business is how we work with our customers in many ways beyond just the sale of fuel. This includes education on the benefits of RNG and achieving emission goals, product procurement, operational support, station construction and servicing facility modification and navigating the complex world of sustainability reporting public policy and grant applications. Clean energy is also the largest distributor of third party RNG production to the transportation industry by our customers with RNG from over 100 different production sources. We are the largest off-taker and the business cannot be more pleased to extend our network and our service offerings to a vast group of fleets that will soon be able to adopt RNG vehicles.
Thanks to Cummins new X15 and engine, which is a catalyst for our growth feedback from the fleets operating the test units of this engine has been very positive. Back are as recently opened the order book for trucks equipped with the x15N. and commercial deliveries are expected in the early part of the second half of the year for OEMs have said they will follow suit and by offering the new engine in their models, the largest segment of the trucking market will soon have access to and RMG solution. And this could not come at a better time for our industry and costs. Rng as a transportation fuel is becoming more mainstream. During the last quarter, our customer base volumes grew with fleets that operate in the ports of L.A. and Long Beach like Lincoln transportation services, ecology, auto parts and cross border Express with transit agencies such as nice bus and Long Island and multiple refuse operator and hot off the press. We recently signed an agreement with SeaMex, one of the largest concrete companies in the world to fuel 40 of their cement trucks. The RNG industry recently not that significant victory with the Mexico passing legislation to status establish a low carbon fuel program. We believe this demonstrates the acceptance of these programs as a good way to address emissions issues that continue to expand. There are positive signs that other important states in the Midwest and Northeast could soon follow.
Three years ago, we established our fourth pillar with the formation of joint ventures with BP and Total Energies to invest directly in RNG production facilities at dairies in the U.S., we did this because we believe in RNG as a long-term solution and our industry needs more RNG to meet growing demand, saw an opportunity to invest our capital at attractive returns in these projects while augmenting the third party RNG supply.
I just mentioned, and we are doing just that today, Clean Energy has invested $238 million of our capital into these joint ventures and another $35 million of our own funds in the future. Our energy dairy projects, six projects have completed construction and are operating are at or are in final commissioning. New projects are in or near construction and we continue to evaluate others in our pipeline. Seeing these projects online is no small feat fires, complex engineering, construction operations and regulatory approvals. The world needs this ultra low carbon fuel and our industry needs to produce it more efficiently. We have the right platform and the right partners to take on this challenge. And we are on the path to achieving improvements in project cost and time. Bob will go into more detail. But when these projects come online, they have a ramp up period of about nine to 12 months where the project is producing gas, but not yet monetizing federal and state environmental credits. This brought five projects coming online at the beginning of this year. This ramp up period will have a negative drag on our financials in 2024 until we can monetize the RNG produced with environmental credits used to virtually store R&G until the regulatory pathways are certified to maximize revenue from environmental credits. This will create a lag in revenue recognition while operating costs are being recognized at the time we produce the renewable gas. This is an accounting and regulatory feature of our industry that we want investors understand and should not detract from our successful completion of dairy RNG projects, all producing ultra-low emissions, fuel that we supply to our customer. This is also more amplified as we are starting from zero in the upstream production of RNG. As we bring more projects online, the glaring financial startup impact should be muted by projects operating at full financial capabilities. And the first pillar of our business strategy is the fact that we have a strong balance sheet to fund our continued growth in both stations and RNG projects. In December, we announced a $400 million term loan facility with Stonepeak, $300 million was funded at close and an additional $100 million can be drawn by us for a two year commitment period. We have secured the capital needed for our next phase of growth, and we are pleased to be partnered with a well-respected infrastructure investment firm like Stonepeak, our existing station footprint is well positioned to support additional volumes from new customers. We also expect opportunities to expand our network with new stations strategically positioned for our customers like our stations, we have built to benefit Amazon over the last three to four months. We've opened two stations for heavy-duty trucks in Texas, filling California, a second one in Ohio and others around the country, bringing the total in 2023 to 18 purpose-built stations. Amazon continues also utilize over 75 other Clean Energy stations on any given day.
👍️0
marvin01 marvin01 1 month ago
Another miserable quarter for this POS of a company how long will shareholders stand by and let this executive team and board kill shareholders valve? HOW LONG?????
👍️0
Monksdream Monksdream 1 month ago
CLNE 10Q 2/27
👍️0
XenaLives XenaLives 1 month ago
Actually, after he adopted me ( he enjoyed munching on the stuff I dug up in the garden). I found out from neighbors that he'd been around for years. When he was attacked by the cat they chipped in on the vet bill but the damage was too severe. He lasted for more than five years - I don't have an exact date.
👍️0
SteveStack SteveStack 1 month ago
definitely pen raised
they don't last for long, on the outside
👍️0
XenaLives XenaLives 1 month ago
Yes, I reverted to an old signature because it reminded me of a simpler time. I moved into a new neighborhood, ...

...I had tame cockatiels that I spoiled and bred.

While working in my garden I was approached by a male pheasant who was probably an escapee from a local game farm.

We established a relationship...

He was attacked by a neighborhood cat, I am allergic to cats and had asked a neighbor not to allow his "kitten" to roam free due to personal health concerns.

A year later my friend the pheasant was mortally wounded,

Such is life...

Submission to predators is a denial of one's personal "raison d'être"

I DO NOT SUBMIT...
👍️0
SteveStack SteveStack 1 month ago
those are MAAS digesters - poor design, nothing but problems, Littlefair - fool
👍️0
SteveStack SteveStack 1 month ago
Male Pheasant (otherwise referred to as a "cock")
littlefair is a "hen", or female pheasant
👍️0
spec machine spec machine 1 month ago
A little setback for CNG powered trucking?

Serious question -

Will this reflect in a change of sentiment for RNG and ultimately CLNE?

https://ktla.com/news/local-news/firefighters-in-critical-condition-after-cylinder-explosion-in-wilmington/amp/

my view, it’s a small setback for RNG/CNG but CLNE has much bigger internal issues

spec
👍️0
SteveStack SteveStack 1 month ago
CLNE - dead money - business plan, from inception - LNG Class 8 LNG focused
Andrew Littlefair - manipulative brown-noser - ZERO business experience/accuity
1st hand observation - 5th wife, Madeleine, liquidating CLNE marriage payoff @ 21+
FYI - Pickens - never ever a billionaire - made money, once, early 80's - Greenmailer
Life-long, wholly dishonest, intensively abusive, gambling addict - died, broke 2019
👍️ 2
spec machine spec machine 1 month ago
$75M for the two latest manure digesters financed through a side deal associated with CLNE

Taxpayer subsidies, no doubt, weigh heavily in the matter

Either you understand what the game is here or you’re on the hook as a donor to this not-for-profit scheme

CLNE is not designed (or operated) to create shareholder value

The math is remarkably bad

What’s the carbon footprint of that $75M spent?

What’s the math that shows where either the investment payback or carbon reduction are?

No wonder they describe the process output as “gallons” of RNG

LOL - convert that to BTUs for a laugh (or a cry if you’re stuck holding the bag on this perpetual cash drain)

RNG = good
Cummins nat gas or LNG diesels = great
Manure anaerobic digestion to produce methane = great (if done in an economically sustainable and efficient manner)

CLNE will never turn a sustainable profit with its current business model

So the only benefit of buying CLNE stock is “good feelings for helping save the planet”

And tax loss write offs

Why not be honest and just register the business as a non profit?

That might put a crimp on the executive compensation packages

spec
👍️ 2
pack10 pack10 1 month ago
Never a positive comment from any posters. But here is one, or two
This allows RNG to be one of the only fuels to receive a negative carbon-intensity score based on the reduction of emissions at the source and at the vehicle.

Couple this with Cummins new 15liter NatGas engine and many positive comments from the truckers who are using this engine and one can see
a future for Clean and this fuel.

Three new RNG facilities in the last 6 months producing 3 million gallons.

Should be a good year in 2024
👍️0
Monksdream Monksdream 2 months ago
CLNE new 52 week low
👍️0
XenaLives XenaLives 2 months ago
Interesting... following.
👍️0
Monksdream Monksdream 2 months ago
CLNE new 52 week low
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marvin01 marvin01 2 months ago
I'm not trying to discourage your position but facts or facts. I have been invested since 2005 and this company has NEVER had a quarterly profit without a government subsidy NEVER! At some point you have to question the plan and/or the leadership and in this case questioning both is probably accurate. The red flags for me have been big oil has been willing to lend funds to this company but none have found it interesting enough to acquire it, which also speaks volumes about the lack of attraction of this company leadership. In these times of social consciousness about the environment we will see how well this company will do in a environment that speaks to their interests?
👍️0
spec machine spec machine 2 months ago
Why can’t CLNE turn a profit?

Over hyped, under performing

I’ve spoken the truth here

Some just choose to be victims of the illusion and phony virtue

RNG is just Ethanol 2.0

A huge waste of money driven by the fact that a portion of the cash flow falls directly into the pockets of the snake oil salesmen

Some people just can’t handle the truth

spec
👍️0
pack10 pack10 2 months ago
If you go back in time when CLNE was first formed you'll understand how Ev's played a major force in Cleans history.

T Boone and Littlefair formed CLNE to compete in the world of transportation to become independent of middle eastern oil.

T Boone actually drove a natgas powered Honda. Their main focus was in trucking, buses, and refuse vehicles. Class 6 thru 8 trucks.

Excellent idea considering this country has well over a 100 year supply of this fuel. Enter companies like Proterra. Ev bus maker that got a 800 million
dollar loan from uncle sam and last year declared bankrupt. Many of their buses didn't work out as expected. Also a number of EV class 8 trucks
Trying to compete with diesel and Natgas. Tesla and others. All being hyped as being the next best alternative. Not working out very well. Batteries loosing half their charge in zero temps. Much more costly. Not to mention once again becoming dependent on foreign countries for the raw material. CHINA!!

Today there are many more NatGas vehicles operating than what we all are aware. WM, UPS, Walmart, and many others to name a few.

I could keep going but this should give you enough information to realize how Ev's play a role.

Bottom line. At what point does Clean become a profitable endeavor? Under $3 natgas doesn't help.
👍️0
pack10 pack10 2 months ago
If you go back in time when CLNE was first formed you'll understand how Ev's played a major force in Cleans history.

T Boone and Littlefair formed CLNE to compete in the world of transportation to become independent of middle eastern oil.

T Boone actually drove a natgas powered Honda. Their main focus was in trucking, buses, and refuse vehicles. Class 6 thru 8 trucks.

Excellent idea considering this country has well over a 100 year supply of this fuel. Enter companies like Proterra. Ev bus maker that got a 800 million
dollar loan from uncle sam and last year declared bankrupt. Many of their buses didn't work out as expected. Also a number of EV class 8 trucks
Trying to compete with diesel and Natgas. Tesla and others. All being hyped as being the next best alternative. Not working out very well. Batteries loosing half their charge in zero temps. Much more costly. Not to mention once again becoming dependent on foreign countries for the raw material. CHINA!!

Today there are many more NatGas vehicles operating than what we all are aware. WM, UPS, Walmart, and many others to name a few.

I could keep going but this should give you enough information to realize how Ev's play a role.

Bottom line. At what point does Clean become a profitable endeavor? Under $3 natgas doesn't help.
👍️0
marvin01 marvin01 2 months ago
EV has nothing to do with this company! If you are trying to imply that EV creates opportunities for natural gas not buying it! Auto's don't use NG and very few trucks do! Clean Energy was touted as clean energy for the transportation industry hasn't happen! The same CNBC claimed that this company would be debt free by 2019 and here we are five years later and they are still building infrastructure almost tens years later! Boone Pickens isn't coming thru the door Littlefield has been a huge failure! Chesapeake Energy is a >$70 stock and Clean Energy value has lingered at these levels for years never exceeding the 2005 high (the profitable quarters only occurred because of government welfare)! The business plan sucks or the leadership is incompetent, I choose the later!
👍️0
pack10 pack10 2 months ago
I'm sure you've seen the stories on EV charging stations freezing up. Cars as well unable to operate because of the cold.


I remember having this argument years ago with a short seller who insisted this wasn't a problem. Well look whats happened now
freeze ups all over in Chicago land. Wonder how many will switch back to an ICE?
👍️0
pack10 pack10 3 months ago
CNBC reported this am on NatGas. Hope you all had time to hear what they had to say.

Totally nailed the situation.
👍️0
marvin01 marvin01 3 months ago
Data is data but in order for a company to be successful there has to be a plan that is executionable and leadership to implement the plan. This leadership and board has only demonstrated the ability to create debt! This company has been in the red for decades and the present leadership hasn't demonstrated that they know how to get this company in the black!
👍️0
pack10 pack10 3 months ago
When no one seems to be paying attention....that is when to buy!!!

Did anyone see the sales predictions of CMI's new 15 liter NatGas engine!!!! They're conservative,imo
👍️0
pack10 pack10 3 months ago
Check the latest news. Financing, 400 million from Stonepeak, where they mention CMI's new engine and the companies that are using it.

Like I said it is a game changer, just watch.

Oil and gas seem to have hit bottom as of late. Many are expecting oil to hit $100.00 soon. We'll have to watch as NatGas will move up as well
👍️0
pack10 pack10 4 months ago
I believe you might have intended to reply to my post on this new CMI 15 liter engine. Let me explain why this engine is a game changer.

First, this could be the most revolutionary engine ever produced to burn nat gas / RNG. The HP and Torque rating are very similar to any of the current diesel engines out there. This is most important when drivers are asked for comments. Nest it is lighter in weight. This enables more payload for those who need it.
Longevity is increased which lowers cost. Lastly, but in the news is emissions. The best among any ICE in use today.

All this will improve a truckers bottom line. So this is why I call this a game changer!!

One suggestion going forward. Watch CMI's engine production numbers!!!!

Good luck
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marvin01 marvin01 4 months ago
I appreciate your optimism but this engine story is a retread! There was a company in early 2000 that Clean Energy was associated with, that converted engines from diesel to natural gas and here were are twenty years later with a similar scenario! Big Oil has been willing to lend money to this company but not interested in making it a part of their portfolio. The stock has been low enough that an acquisition could have been done for little to nothing! Clearly players in the industry don't see much value in the business plan or its leaders! This company has been unprofitable(without government welfare) for decades at what point do investor see a profit? Chesapeake Energy and Clean Energy was once looked at in a similar manner and today Chesapeake stock is over $78.
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spec machine spec machine 4 months ago
I also know their main commodity
has been depressed this entire summer. Nat Gas prices are dirt cheap, which makes RNG dirt cheap.
All this while gasoline and diesel have remained fairly high in price. Not one person has been able to explain the disparity.

LOL, literally HUNDREDS of analysts (and I) have stated the underlying reason for NG price trends ….

Fracking

The US has huge, easily accessible reserves that can be brought online fairly quickly

That’s a huge buffer to global NG prices and a relatively recent sea change in fossil fuel markets

You’ve been given the answer to the first half of “why CLNE is, and will remain, a losing bet in renewables”

First half of answer = low value end product (RNG) erases any upside for CLNE in the foreseeable future, it merely survives on influx of capital (dilution) and taxpayer subsidies

Second half of answer = CLNE wasn’t designed to create value for shareholders

Boom!

There ya go

You’re welcome

Thank me later if you understand and trade accordingly today and in the future

Cheers

spec
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pack10 pack10 4 months ago
For those interested in CLNE I would hope you have read the latest transcript.

Clne describes how the price of RNG has effected their bottom line. Maybe more importantly they discuss the new 15 liter from cummins

I've copied this over so you can all review.

Cummins is making public their assessment of potential market penetration for the new 15-liter natural gas engine. On the low side, Cummins believes there could be an increase of penetration of the heavy duty natural gas market share by four full from 2% today to over 8% by 2027 and they're realistic. High case is 12%. Approximately 250,000 heavy duty class A trucks are sold every year in the U.S. And at one case the medium between Cummins low and high cases of 10%, that means 25,000 new heavy duty natural gas trucks can be sold in 2027. Using an average annual fuel usage of 15,000 gallons a year per truck would mean 375 million additional gallons of RNG used incrementally each year. There is no other alternative that could come close to those numbers in the heavy duty space.

Many of the fleets testing the 15-liter do not currently operate many, if any, natural gas trucks. So much of the 25,000 will be coming from new customers. I could go on about the importance of this new engine, but let me close with saying it couldn't come in a more opportune time. Desire for fleets to decarbonize is only increasing. Yet the technology that some have placed, much hope to get them there, is starting to come under increased scrutiny by the entire transportation industry. And of course, I'm talking about electric. Just in the last few weeks, headline-after-headline has announced the issues that electric is having in the passenger vehicle market. Many within the heavy-duty space are quietly expressing, and some not so quietly, their concerns about the practicality and costs of operating a fleet with much larger batteries and the need for even more powerful charging infrastructure.
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pack10 pack10 5 months ago
I understand your frustration. I've been believer in CLNE for some time. But I also know their main commodity
has been depressed this entire summer. Nat Gas prices are dirt cheap, which makes RNG dirt cheap.
All this while gasoline and diesel have remained fairly high in price. Not one person has been able to explain the disparity.
Many, have said we have an over supply of NatGas??? Other forces seem to be at work as well.
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marvin01 marvin01 5 months ago
How long will shareholders continue to tolerate this nonsense, another missed quarter! This company has never had a profitable quarter without government welfare! Under Littlefield this company has been just that "LITTLE!!!!!![[/ The board should also be removed because they let this prolong disaster continue without intervention! LITTLEFIELD AND THE BOARD MUST GO!!!
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spec machine spec machine 5 months ago
Today was your sell signal when it spiked to $4

I was out all day but if I had been holding any they would have been sold before the close

Closing at $3.84, any sale should have done better but call it “sold @ $3.84”

Holding CLNE into earnings???

With their track record on building shareholder value???

LOL

CLNE needs clueless stuckholers to fund their next dilution event

Pass the popcorn, this will be a long comedy/drama/tragedy story

spec

PS - it’s all wrapped in an aura of “good for the earth” so at least you get that to soothe your losses
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spec machine spec machine 5 months ago
What’s your estimate for quarterly revenue on their upcoming Q?

I think if they post under $120M revenue and/or lose more than -.07 eps it’ll see lower lows until April fools day

I didn’t see any estimates for how much RNG or mow much in RNG credits the Del Rio project can produce under ideal conditions

You would think that they would be shouting those numbers from the highest hilltops ….

….. unless …..

Hint - they’re hoping shareholders aren’t very good at math

$3.20 before EOY is my estimate on SP

$115M revenue and -.10 for loss per share is my SWAG for Q3

Good luck to ya anyway

spec
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pack10 pack10 5 months ago
My limit order just hit. No Monday morning QB here.
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pack10 pack10 5 months ago
Now is the time to reveal a buy or whatever. Not after the fact. No Monday morning quarterbacking.

I'll be totally honest, have not bought a share YET!! Very close, at this point, have limit order in.
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spec machine spec machine 5 months ago
“Please tell us when you posted your buy signal”

LOL, what’s in it for me??

I don’t post for an ego boost, got plenty of that already

This is just a side play for a few $K here and there, basically just amusement

Most of my equities are boring large caps that pay solid dividends, stuff that has no fan boys posting silly stuff like “ PS As the trucking industry waits to go all-electric”

“Please tell us when you posted your buy signal so we all can pay more attention in the future”

If you haven’t paid attention to the past and present, then I doubt your future diligence

But, as a gesture of kindness to those willing to separate fact from fan boy …. learn some TA basics, watch the bollinger bands and volume by price (on a 3-6 month period), then layer on the emotion factor driven by PRs and earnings (or in CLNE’s case, losses)

Then learn how to set pear-shaped buy and sell trades and have some fun

There you go, good stuff and all for free!

Freebie #2 Based on the current chart and barring any significant change in fundamentals, $3.30 and lower would be the best guess on where a scalp opportunity would come up

Long term trades on a company that is still losing money is a sucker’s play

It’s a great idea, looks like a solid entity, warm and fuzzy fans all around …. If they ever start to produce a sustainable profit it could be a keeper

Until then, just a series of disappointing results

Cheers

spec

I’d teach you but I’d have to charge
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pack10 pack10 5 months ago
Was about to give you a high five for an excellent return. But realized you read my Oct 2nd post, and knew it was time to buy.
I did.
And you are totally right in your choice of langage calling this company a POS. From cows and pigs I might add.

Please tell us when you posted your buy signal so we all can pay more attention in the future?
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spec machine spec machine 5 months ago
Maybe one of these days we'll all realize NatGas / RNG is the true bridge fuel. Need I mention cleanest fuel!!

Do you think 45Z is going to make CLNE profitable???

Have you even done the math???

20 cents/gal is the number for the tax credit

See, I can be very helpful, even to the delusional “true CLNE believers”

It’s only fair, with all the $$$ they’re shoveling into my account

You’re welcome

spec
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spec machine spec machine 5 months ago
Just scalped another 12.5% move on this overpriced pos ($3.60-$4.05)

It’s easy, just play the chart and wait for the fluff/pump

They always fool the rubes while still being on track for bigger losses than last year

10 days and 12.5% = sweet

See ya at the next scalp

spec
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pack10 pack10 6 months ago
Not only is CMI's 15 liter a total game changer just take a look at many other applications.

https://www.ccjdigital.com/alternative-power/natural-gas/video/15448422/natural-gas-making-strongestever-case-for-longhaul-trucking

PS As the trucking industry waits to go all-electric, natural gas seems to be making its strongest-ever case for long haul.
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pack10 pack10 6 months ago
There is breaking news that will change truckers opinion on which fuel is best. If you haven't read it
just take a few moments.
Why NatGas / RNG/ CNG is so inexpensive is still a mystery, but if Diesel / gas remains at these high levels
NatGas will become more popular.
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marvin01 marvin01 6 months ago
The performance of this stock is dreadful! Littlefield has been performing at a level of mediocrity for decades and he still has his job? Shareholders and the board should be demanding change! There has never been a profitable quarter without government welfare. Littlefield has been just that LITTLE! When do shareholders start to demand results?
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pack10 pack10 7 months ago
You want money flushed down the toilet. How about Proterra. Tax payer funded to the tune over over 8 billion. NOW BANKRUPT!! What did we all get. ZERO.

Maybe one of these days we'll all realize NatGas / RNG is the true bridge fuel. Need I mention cleanest fuel!!

BTW, total recall announced on Nikola trucks.
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spec machine spec machine 8 months ago
Renewables fueled by taxpayer subsidies are getting lip service from politicians today …

… but the house has the purse strings and the rug is going to get pulled out from under those that aren’t viable (profitable as independent enterprises) within the next several quarters

Biogas and biofuels will limp along for years

Management will get paid lavishly and the limousine lobster luncheons will get paid from the expense accounts

Use more dreamy words in the PRs to prop up hope of a tiny net profit ….. someday in the distant future

I can hear someone beating a drum already “revenue up, revenue up”

LOL

Nothing for the peons

Let them eat cake

spec
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pack10 pack10 8 months ago
Get ready its coming.

Clean Energy Fuels (NASDAQ:CLNE) +3.7% in Thursday's trading as Stifel initiates coverage with a Buy rating and $6 price target, saying the company is well positioned to benefit from an improving macro environment for dairy renewable natural gas and its industry-leading distribution network, including a 54% market share in California.

Stifel analysts led by Derrick Whitfield said they expect California's Low Carbon Fuel Standard and the Inflation Reduction Act will serve as a growth catalyst for the dairy renewable natural gas sector, "as ultra-low carbon intensity fuels such as dRNG are inherently more valuable in markets that compensate operators for the carbon intensity of their fuels."

The final Renewable Fuel Standard policy and the introduction of Cummins' 15-liter natural gas engine also are material tailwinds for the stock, Stifel said.
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pack10 pack10 8 months ago
Its time

Clean Energy Fuels a new Buy at Stifel as top pick in dairy renewable natgas
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