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Clean Energy Fuels Corp. - CLNE STOCK NEWS

Welcome to our dedicated page for Clean Energy Fuels news (Ticker: CLNE), a resource for investors and traders seeking the latest updates and insights on Clean Energy Fuels stock.

Clean Energy Fuels Corp. (CLNE) is the leading provider of natural gas fuel for transportation in North America. The company fuels over 35,000 vehicles daily at about 500 fueling stations across the United States and Canada. Clean Energy caters to a broad customer base, including sectors like trucking, airport shuttles, taxis, refuse collection, and public transit.

The company specializes in building and operating compressed natural gas (CNG) and liquefied natural gas (LNG) fueling stations. They also manufacture CNG and LNG equipment and technologies for their own use and for other companies. In addition, Clean Energy Fuels develops renewable natural gas (RNG) production facilities, aiming to provide a more sustainable future for transportation.

Clean Energy Fuels Corp. operates primarily in the U.S. and Canada, generating the majority of its revenue from compressed natural gas sales. The company purchases natural gas from local utilities and processes it—either compressing, cooling, or liquefying it—at their own plants. The processed natural gas products are then sold through a network of company-owned or customer-owned fueling stations. This vertically integrated approach helps ensure a reliable supply chain and consistent product quality.

In recent years, Clean Energy has made significant strides in expanding its RNG production facilities, tapping into an innovative and eco-friendly fuel source derived from organic waste. This RNG initiative aligns with global sustainability goals and provides a renewable alternative to traditional fossil fuels.

Furthermore, the company maintains strategic partnerships and collaborations with key industry players and governmental bodies, enhancing its market reach and technological capabilities. Financially, Clean Energy continues to capitalize on the growing demand for cleaner transportation solutions.

For those interested in exploring career opportunities with Clean Energy Fuels Corp., please visit their official careers page at Clean Energy Careers.

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Clean Energy Fuels Corp. (CLNE) will release its Q4 2023 financial results on February 27, 2024, followed by an investor conference call hosted by President and CEO Andrew J. Littlefair and CFO Robert M. Vreeland. Investors can participate in the live call or access a telephone replay. A simultaneous webcast will be available on the company's website.
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Clean Energy Fuels Corp. (CLNE) Completes RNG Production Facility at Drumgoon Dairy in South Dakota, Expected to Supply 1.66 Million Gallons of Negative Carbon-Intensity RNG Annually
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Clean Energy Fuels Corp. (CLNE) secured a six-year $300 million senior secured term loan with Stonepeak, with an additional $100 million delayed draw term loan commitment. The financing will fund new RNG production facilities and the expansion of the company’s fueling infrastructure targeting the heavy-duty truck market. The company is currently developing a portfolio of RNG production facilities at dairies across the country and expanding its RNG fueling infrastructure, which currently includes over 600 stations across North America.
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Clean Energy Fuels Corp. (CLNE) opens a new renewable natural gas (RNG) station in Baltimore, strategically located near the Pulaski Industrial Area, providing heavy-duty truck fleets access to low carbon, sustainable fuel. The station is part of the growing national fueling network for the heavy-duty market. Clean Energy currently has a network of 590 fueling stations around North America and is steadily expanding that number with stations purposely built and strategically located for heavy-duty truck fleets.
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Clean Energy Fuels Corp. (NASDAQ: CLNE) announced Q3 2023 financial results, reporting $95.6M in revenue, a net loss of $(25.8)M, and adjusted EBITDA of $14.2M, with a focus on renewable natural gas and future growth. The company also updated its 2023 outlook, expecting a GAAP net loss of $(98)M to $(103)M and adjusted EBITDA of $42M to $47M.
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Clean Energy Fuels Corp. and TotalEnergies SE announced that renewable natural gas (RNG) from Del Rio Dairy in Texas has begun flowing to the transportation market. The RNG is generating renewable identification numbers (RINs) credits under the EPA's Renewable Fuel Standard and credits through Oregon's low carbon fuel standard program. The RNG has an average carbon-intensity rating of -331, making it a clean fuel option. Del Rio Dairy is the first low carbon-intensity RNG project completed by Clean Energy and TotalEnergies.
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Clean Energy to supply ultra-low carbon Renewable Natural Gas for new truck equipped with Cummins X15N engine
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Clean Energy Fuels Corp. will release financial results for Q3 2023 on November 9, 2023. An investor conference call will follow at 4:30 p.m. Eastern time. President and CEO Andrew J. Littlefair and CFO Robert M. Vreeland will host the call.
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Knight Transportation successfully tests Cummins' new X15N natural gas engine in Southern California, reducing NOx and greenhouse gas emissions without compromising performance.
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Mathieu Soulas appointed to Clean Energy Fuels Corp. Board of Directors, bringing valuable experience in energy transition
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FAQ

What is the current stock price of Clean Energy Fuels (CLNE)?

The current stock price of Clean Energy Fuels (CLNE) is $2.56 as of December 20, 2024.

What is the market cap of Clean Energy Fuels (CLNE)?

The market cap of Clean Energy Fuels (CLNE) is approximately 573.7M.

What does Clean Energy Fuels Corp. do?

Clean Energy Fuels Corp. is a leading provider of natural gas fuel for transportation in North America, operating over 500 fueling stations and fueling 35,000 vehicles daily.

Where does Clean Energy Fuels Corp. operate?

The company operates primarily in the United States and Canada.

What types of fuels does Clean Energy supply?

Clean Energy supplies compressed natural gas (CNG), liquefied natural gas (LNG), and renewable natural gas (RNG).

Which sectors does Clean Energy serve?

The company serves various sectors, including trucking, airport shuttles, taxis, refuse collection, and public transit.

How does Clean Energy Fuels Corp. generate revenue?

The majority of Clean Energy’s revenue comes from the sale of compressed natural gas in the United States.

What is renewable natural gas (RNG)?

RNG is a sustainable fuel source derived from organic waste, providing an eco-friendly alternative to traditional fossil fuels.

Does Clean Energy build and operate its own fueling stations?

Yes, Clean Energy builds, operates, and maintains its own fueling stations and also provides these services for customers.

Where can I find career opportunities at Clean Energy Fuels?

Career opportunities can be found on their official careers page at http://www.cleanenergyfuels.com/careers.html.

What recent achievements has Clean Energy made?

Clean Energy has significantly expanded its renewable natural gas (RNG) production facilities in alignment with global sustainability goals.

Who are Clean Energy's main customers?

Clean Energy’s main customers include heavy-duty trucking companies, airports, public transit systems, institutional energy users, and government fleets.

Clean Energy Fuels Corp.

Nasdaq:CLNE

CLNE Rankings

CLNE Stock Data

573.72M
174.17M
20.89%
52.38%
5.12%
Oil & Gas Refining & Marketing
Gas & Other Services Combined
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