Clean Energy Fuels Corp. is the leading provider of the cleanest fuel for the transportation market in the United States and Canada. Through its sales of Redeem™ renewable natural gas (RNG), which is derived from capturing biogenic methane produced from decomposing organic waste, Clean Energy allows thousands of vehicle fleets, from airport shuttles to city buses to waste and heavy-duty trucks, to reduce their amount of climate-harming greenhouse gas by at least 70% and even up to 300% depending on the source of the RNG. Clean Energy can deliver Redeem through compressed natural gas (CNG) and liquified natural gas (LNG) to its network of approximately 540 fueling stations across the U.S. and Canada. Clean Energy builds and operates CNG and LNG fueling stations for the transportation market, owns natural gas liquefication facilities in California and Texas, and transports bulk CNG and LNG to non-transportation customers around the U.S.

Company profile
Ticker
CLNE
Exchange
Website
CEO
Andrew Littlefair
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
Clean Energy Fuels, Corp.
SEC CIK
Corporate docs
Subsidiaries
Clean Energy • Clean Energy Finance, LLC • Natural Fuels Company, LLC • Blue Energy General LLC • Blue Energy Limited LLC • CE Natural Gas Fueling Services, LLC • CLNE PlasmaFlow, LLC • CLNE PlasmaFlow Holdings, LLC • NG Advantage LLC • O’Bryan Grain Renewable Energy, LLC ...
IRS number
330968580
CLNE stock data
News
Credit Suisse Maintains Outperform on Clean Energy Fuels, Lowers Price Target to $12.5
17 May 22
Benzinga's Top Ratings Upgrades, Downgrades For May 10, 2022
10 May 22
Raymond James Upgrades Clean Energy Fuels to Outperform, Announces $6 Price Target
10 May 22
92 Biggest Movers From Friday
9 May 22
Stocks That Hit 52-Week Lows On Friday
6 May 22
Press releases
Clean Energy Expands Sustainable Fueling with Contracts for Renewable Natural Gas, More Dairy Development Projects
13 Apr 22
New Small-Cap Opportunities Emerge in the Multi-Billion-Dollar Carbon Capture Space (FLR, VKIN, CLNE, NEE, NRG, OXY, WY)
8 Apr 22
INVESTIGATION ALERT: Fields Kupka & Shukurov LLP Is Investigating Clean Energy Fuels Corp. for Potential Breach of Fiduciary Duty Claims
7 Apr 22
Oil and Gas Tech Innovation and BioFuels Needed to Return the USA to Energy Independence Again
7 Apr 22
Analyst ratings and price targets
Current price
Average target
$9.25
Low target
$6.00
High target
$12.50
Credit Suisse
Maintains
$12.50
Raymond James
Upgraded
$6.00
Investment data
Securities sold
Number of investors
Calendar
4 May 22
26 Jun 22
31 Dec 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 107.97M | 107.97M | 107.97M | 107.97M | 107.97M | 107.97M |
Cash burn (monthly) | (no burn) | 1.31M | 8.18M | 9.55M | (no burn) | (no burn) |
Cash used (since last report) | n/a | 3.76M | 23.47M | 27.42M | n/a | n/a |
Cash remaining | n/a | 104.21M | 84.5M | 80.55M | n/a | n/a |
Runway (months of cash) | n/a | 79.5 | 10.3 | 8.4 | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 May 22 | Andrew J Littlefair | Common Stock | Buy | Acquire P | No | No | 4.0946 | 25,000 | 102.37K | 1,551,374 |
9 May 22 | Pratt Mitchell W | Common Stock | Option exercise | Acquire M | Yes | No | 1.37 | 35,000 | 47.95K | 862,303 |
9 May 22 | Pratt Mitchell W | Common Stock | Option exercise | Acquire M | Yes | No | 2.19 | 29,106 | 63.74K | 827,303 |
9 May 22 | Pratt Mitchell W | Stock Option Common Stock | Option exercise | Dispose M | Yes | No | 1.37 | 35,000 | 47.95K | 0 |
9 May 22 | Pratt Mitchell W | Stock Option Common Stock | Option exercise | Dispose M | Yes | No | 2.19 | 29,106 | 63.74K | 0 |
21 Apr 22 | Stephen Scully | Stock Option Common Stock | Grant | Acquire A | No | No | 6.6 | 86,956 | 573.91K | 86,956 |
21 Apr 22 | Miller James C Iii | Stock Option Common Stock | Grant | Acquire A | Yes | No | 6.6 | 86,956 | 573.91K | 86,956 |
21 Apr 22 | Taormina Vincent C | Stock Option Common Stock | Grant | Acquire A | No | No | 6.6 | 86,956 | 573.91K | 86,956 |
7 Dec 21 | Stephen Scully | Stock Option Common Stock | Sale back to company | Dispose D | No | No | 6.77 | 100,000 | 677K | 0 |
7 Dec 21 | Miller James C Iii | Stock Option Common Stock | Sale back to company | Dispose D | Yes | No | 6.77 | 100,000 | 677K | 0 |
Institutional ownership, Q1 2022
66.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 212 |
Opened positions | 41 |
Closed positions | 49 |
Increased positions | 57 |
Reduced positions | 58 |
13F shares | Current |
---|---|
Total value | 1.34B |
Total shares | 147.07M |
Total puts | 635.8K |
Total calls | 2.94M |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
TTE TotalEnergies SE | 51.23M | $572.24M |
Grantham, Mayo, Van Otterloo & Co. | 16.46M | $130.67M |
BLK Blackrock | 13.44M | $106.7M |
STT State Street | 10.61M | $84.27M |
Vanguard | 9.51M | $75.54M |
Dimensional Fund Advisors | 7.27M | $57.75M |
Global Alpha Capital Management | 4.24M | $33.64M |
Geode Capital Management | 3M | $23.84M |
Alliancebernstein | 1.98M | $15.69M |
NTRS Northern Trust | 1.83M | $14.5M |
Financial report summary
?Competition
Stabilis Solutions Inc - Registered SharesManagement Discussion
- The table below presents, for each period indicated, each line item of our statements of operations data as a percentage of our total revenue for the period. Additionally, the narrative that follows provides a comparative discussion of certain of these line items between the periods indicated. Historical results are not indicative of the results to be expected in the current period or any future period.
- Revenue. Revenue increased by $6.4 million to $83.5 million in the three months ended March 31, 2022, from $77.1 million in the three months ended March 31, 2021. This increase was primarily due to an increase in volume-related revenue and a decrease in unrealized loss from the change in fair value of our commodity swap and customer contracts entered into in connection with our Zero Now truck financing program, partially offset by Amazon Warrant Charges (see Note 1) of $3.8 million and lower AFTC revenue and station construction sales.
- Volume-related revenue, excluding the effects of the change in fair value of our commodity swap and customer contracts entered in connection with our Zero Now truck financing program and the Amazon Warrant Charges, increased by $14.6 million between periods, attributable to an increase in gallons delivered and an increase in the effective price per gallon. The effect to volume-related revenue as a result of the change in fair value of our commodity swap and customer contracts entered into in connection with our Zero Now truck financing program was $1.0 million, as we recognized an unrealized loss of $(2.0) million in 2021 compared to an unrealized loss of $(1.0) million in 2022 (see Note 6 for more information).
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. junior Avg
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New words:
assistance, Biden, classification, Concurrently, cyber, employee, inception, incident, issuer, lender, lessor, linger, macroeconomic, manure, military, piping, previously, professional, prospective, readily, recruitment, reinstituted, retroactively, threatened, unavailable, undertaken
Removed:
allocation, beneficially, bore, calculating, called, chain, create, cyberattack, daily, disruption, duty, enhance, experiencing, franchise, GGE, gradual, grow, Importantly, intraperiod, Listing, maximum, Memorandum, methodology, MOU, Nasdaq, onset, originally, output, par, partnership, prevalence, prolonged, prompted, request, scaled, securing, separately, Simplifying, strain, tender, trajectory, treatment, uncertainty, Understanding, unexercised, waiver
Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
23 May 22
8-K
Clean Energy Reports 95.8 Million Gallons Delivered and Revenue of $83.5 Million for the First Quarter of 2022
4 May 22
8-K
Clean Energy Reports 104.6 Million Gallons Delivered and Revenue of $91.9 Million for the Fourth Quarter of 2021
24 Feb 22
8-K/A
2 Andrew J. Littlefair President and CEO Robert Vreeland Chief Financial Officer Today’s presenters
26 Jan 22
8-K
2 Andrew J. Littlefair President and CEO Robert Vreeland Chief Financial Officer Today’s presenters
26 Jan 22
8-K
Clean Energy to Host RNG Strategy and Financial Outlook Webcast
19 Jan 22
8-K
Clean Energy Appoints Energy Sector Leader Lorraine Paskett to Board of Directors
22 Dec 21
8-K
Other Events
7 Dec 21
8-K
Clean Energy Appoints Karine Boissy-Rousseau to Board of Directors
7 Dec 21
8-K
Clean Energy Reports 104.2 Million Gallons Delivered and Revenue of $86.1 Million for the Third Quarter of 2021
4 Nov 21
Registration and prospectus
424B5
Prospectus supplement for primary offering
7 Jun 21
424B5
Prospectus supplement for primary offering
10 May 21
S-3ASR
Automatic shelf registration
10 May 21
POS AM
Prospectus update (post-effective amendment)
4 Dec 18
424B3
Prospectus supplement
16 Aug 18
S-3
Shelf registration
7 Aug 18
424B7
Prospectus with selling stockholder info
11 Jul 18
424B7
Prospectus with selling stockholder info
11 Jul 18
D
$83.4M in equity, sold $83.4M, 1 investor
19 Jun 18
424B7
Prospectus with selling stockholder info
30 Nov 17
Proxies
DEFA14A
Additional proxy soliciting materials
22 Apr 22
DEFA14A
Additional proxy soliciting materials
7 Apr 22
PRE 14A
Preliminary proxy
27 Apr 21
DEFA14A
Additional proxy soliciting materials
27 Apr 20
DEFA14A
Additional proxy soliciting materials
3 Apr 20
DEFA14A
Additional proxy soliciting materials
5 Apr 19
DEF 14A
Definitive proxy
5 Apr 19
Other
UPLOAD
Letter from SEC
16 Oct 19
CORRESP
Correspondence with SEC
6 Oct 19
UPLOAD
Letter from SEC
22 Sep 19
SD
Conflict minerals disclosure
30 May 19
EFFECT
Notice of effectiveness
11 Dec 18
EFFECT
Notice of effectiveness
15 Aug 18
CORRESP
Correspondence with SEC
13 Aug 18
UPLOAD
Letter from SEC
13 Aug 18
SD
Conflict minerals disclosure
30 May 18
UPLOAD
Letter from SEC
1 Feb 18
Ownership
4
Clean Energy Fuels / Andrew J Littlefair ownership change
12 May 22
4
Clean Energy Fuels / Mitchell W Pratt ownership change
10 May 22
4
Clean Energy Fuels / Vincent C Taormina ownership change
22 Apr 22
4
Clean Energy Fuels / LIZABETH A ARDISANA ownership change
22 Apr 22
4
Clean Energy Fuels / Parker Anders Weil ownership change
22 Apr 22
4
Clean Energy Fuels / KENNETH M SOCHA ownership change
22 Apr 22
4
Clean Energy Fuels / JAMES C MILLER III ownership change
22 Apr 22
4
Clean Energy Fuels / Stephen Scully ownership change
22 Apr 22
SC 13G
Clean Energy Fuels / Grantham, Mayo, Van Otterloo & Co. ownership change
11 Feb 22
SC 13G/A
Clean Energy Fuels / DIMENSIONAL FUND ADVISORS ownership change
8 Feb 22
Transcripts
2022 Q1
Earnings call transcript
6 May 22
2021 Q4
Earnings call transcript
25 Feb 22
2021 Q3
Earnings call transcript
5 Nov 21
2021 Q2
Earnings call transcript
6 Aug 21
2021 Q1
Earnings call transcript
7 May 21
2020 Q4
Earnings call transcript
10 Mar 21
2020 Q3
Earnings call transcript
5 Nov 20
2020 Q2
Earnings call transcript
6 Aug 20
2020 Q1
Earnings call transcript
7 May 20
2019 Q4
Earnings call transcript
10 Mar 20
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