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.
Clean Energy Fuels Corp. (CLNE) plans to release its second quarter 2022 financial results on August 4, 2022, after market close. A conference call will follow at 4:30 p.m. ET, hosted by CEO Andrew J. Littlefair and CFO Robert M. Vreeland. Investors can participate via phone or webcast, with replays available for a limited time. Clean Energy focuses on providing renewable natural gas (RNG) to reduce greenhouse gas emissions.
Clean Energy Fuels Corp. (NASDAQ: CLNE) reported its Q1 2022 results, revealing an 8.2% revenue increase to $83.5 million, driven by a 3.7% rise in gallons delivered. The company maintained cash and investments at $229 million. However, it faced a net loss of $(24.2) million, impacted by Amazon warrant charges and rising operational expenses. Adjusted EBITDA fell to $3.3 million from $11.6 million year-over-year. The company anticipates a GAAP net loss of $57 to $65 million for 2022, including estimated Amazon warrant charges of $34 to $44 million, while projecting Adjusted EBITDA between $60 to $65 million.
Clean Energy Fuels Corp (CLNE) announced its expansion in renewable natural gas (RNG) offerings through new contracts and infrastructure projects. Key developments include a renewed maintenance agreement with LA County Metro for six stations, expected to supply 137 million gallons of RNG for 1,417 buses. Other contracts involve RNG fueling for fleets from Estes Express Lines and various transit authorities across California and other states. The company is investing in RNG production, partnering with TotalEnergies and bp for dairy methane conversion projects, anticipated to yield millions of gallons annually.
Clean Energy Fuels Corp. (CLNE) announced it will release its financial results for Q1 2022 on May 5, 2022, after market close, followed by an investor conference call at 4:30 p.m. ET. CEO Andrew J. Littlefair and CFO Robert M. Vreeland will lead the call. Investors can join the live call by dialing 1.888.321.0431 (U.S.) or 1.412.902.4121 (international). A webcast of the call will also be available on the company’s website, with a replay option for 30 days. Clean Energy Fuels focuses on decarbonizing transportation through renewable natural gas.
Clean Energy Fuels Corp. (NASDAQ: CLNE) reported a 22.6% increase in fourth-quarter revenue for 2021, reaching $91.9 million compared to $75.0 million in Q4 2020. The company delivered 104.6 million gallons of fuel, a 9% increase year-over-year. Renewable natural gas (RNG) deliveries grew by 9%, totaling 44.9 million gallons. For the year, total revenue decreased by 12.4% to $255.6 million, impacted by Amazon warrant charges. The company anticipates a GAAP net loss of approximately $57 million for 2022, including estimated Amazon warrant charges of $44 million.
Clean Energy Fuels Corp. (NASDAQ: CLNE) has partnered with Union Energy Solutions to provide compressed natural gas (CNG) for UPS's delivery vehicles in Canada. The agreement focuses on fueling 25 converted vans at a London, Ontario station, supplying approximately 2 million litres of CNG over multiple years. This initiative aims to reduce greenhouse gas emissions by 700 metric tons, equivalent to planting over 11,000 trees. The partnership underscores Clean Energy's commitment to sustainable fuel development and its role in transitioning towards a lower-carbon future in the transportation sector.
Clean Energy Fuels Corp. (NASDAQ:CLNE) will release its fourth-quarter 2021 financial results on February 24, 2022, after market close. An investor conference call hosted by CEO Andrew J. Littlefair and CFO Robert M. Vreeland will follow at 4:30 p.m. Eastern Time. Interested investors can join via a U.S. number or internationally, with a replay available until March 24, 2022. The company aims to decarbonize transportation by providing renewable natural gas, operating a network of fueling stations across the U.S. and Canada.
Clean Energy Fuels Corp (NASDAQ: CLNE) is expanding its renewable natural gas (RNG) business through a new partnership with Millenkamp Dairy in Jerome, Idaho. This agreement involves constructing a methane capture digester expected to produce five million gallons of low carbon-intensity RNG annually. The initiative aligns with Clean Energy's goal to decarbonize transportation, with a focus on sustainable fuel solutions. The company intends to discuss its RNG growth strategies during its upcoming webcast, highlighting financial overviews and future opportunities for RNG production.
Clean Energy Fuels Corp (NASDAQ: CLNE) announced a webcast on January 26, 2022, from 10:00 AM to 12:00 PM EST, led by CEO Andrew Littlefair and CFO Robert Vreeland. The event will present the company’s strategic vision for renewable natural gas (RNG) and discuss its growing demand from fleet customers in North America. The webcast aims to provide insights into the company's operations and future financial outlook. Interested parties can register for the event via the provided link.
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