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CLNE logo CLNE
Upturn stock rating
CLNE logo

Clean Energy Fuels Corp (CLNE)

Upturn stock rating
$2.93
Last Close (24-hour delay)
Profit since last BUY0.34%
upturn advisory
Consider higher Upturn Star rating
BUY since 10 days
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Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
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Upturn Advisory Summary

10/28/2025: CLNE (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

9 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $4.49

1 Year Target Price $4.49

Analysts Price Target For last 52 week
$4.49 Target price
52w Low $1.3
Current$2.93
52w High $3.67

Analysis of Past Performance

Type Stock
Historic Profit -35.21%
Avg. Invested days 26
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/28/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 642.52M USD
Price to earnings Ratio -
1Y Target Price 4.49
Price to earnings Ratio -
1Y Target Price 4.49
Volume (30-day avg) 9
Beta 2.7
52 Weeks Range 1.30 - 3.67
Updated Date 10/28/2025
52 Weeks Range 1.30 - 3.67
Updated Date 10/28/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.91

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-11-04
When -
Estimate -0.06
Actual -

Profitability

Profit Margin -48.4%
Operating Margin (TTM) -9%

Management Effectiveness

Return on Assets (TTM) -1.79%
Return on Equity (TTM) -30.77%

Valuation

Trailing PE -
Forward PE 6.9
Enterprise Value 703217961
Price to Sales(TTM) 1.53
Enterprise Value 703217961
Price to Sales(TTM) 1.53
Enterprise Value to Revenue 1.67
Enterprise Value to EBITDA 104.02
Shares Outstanding 219289216
Shares Floating 173223130
Shares Outstanding 219289216
Shares Floating 173223130
Percent Insiders 21.42
Percent Institutions 47.9

ai summary icon Upturn AI SWOT

Clean Energy Fuels Corp

stock logo

Company Overview

overview logo History and Background

Clean Energy Fuels Corp. was founded in 1996 by T. Boone Pickens. It initially focused on natural gas fueling solutions for transportation. Over time, it has evolved into a leading provider of renewable natural gas (RNG) for the transportation sector.

business area logo Core Business Areas

  • Renewable Natural Gas (RNG) Production and Distribution: Clean Energy sources RNG from landfills, dairy farms, and other organic waste sources, processes it, and distributes it through its network of fueling stations.
  • Operation and Maintenance of Fueling Stations: Clean Energy designs, builds, operates, and maintains a network of natural gas and RNG fueling stations across North America.
  • Compressor Sales and Service: The company sells and services compressors used in natural gas fueling stations.

leadership logo Leadership and Structure

Andrew J. Littlefair is the President and CEO. The company has a board of directors overseeing strategic decisions and management teams responsible for operations, finance, and sales.

Top Products and Market Share

overview logo Key Offerings

  • Renewable Natural Gas (RNG): Clean Energy's primary product is RNG, a sustainable alternative to traditional gasoline and diesel. They are a key RNG provider in the US, but exact market share figures are difficult to obtain as the renewable fuel market is fragmented. Competitors include companies involved in RNG production and distribution, such as Republic Services and Waste Management. It accounted for 76.8% of the total fuel volume delivered during 2023.
  • Fueling Infrastructure: Clean Energy provides fueling infrastructure solutions, including station design, construction, and maintenance. Market share data for this segment is not readily available. Competitors include companies specializing in natural gas infrastructure, such as Trillium CNG (Love's).

Market Dynamics

industry overview logo Industry Overview

The clean energy market is growing, driven by increasing environmental awareness, government regulations promoting renewable fuels, and advancements in technology. The transportation sector is under pressure to reduce emissions, creating demand for alternative fuels like RNG.

Positioning

Clean Energy Fuels Corp. is a leader in providing RNG solutions for the transportation sector. Its competitive advantages include its established infrastructure network, long-term relationships with customers, and focus on RNG.

Total Addressable Market (TAM)

The total addressable market for renewable natural gas in transportation is estimated to be in the billions of dollars, driven by the increasing demand for low-carbon fuels. Clean Energy Fuels Corp is well-positioned to capture a significant portion of this market with its existing infrastructure and RNG supply agreements.

Upturn SWOT Analysis

Strengths

  • Extensive fueling station network
  • Focus on renewable natural gas
  • Strong relationships with fleet operators
  • Experienced management team

Weaknesses

  • Dependence on government subsidies and regulations
  • Fluctuations in natural gas prices
  • Competition from other alternative fuels (electric, hydrogen)
  • Historically inconsistent profitability

Opportunities

  • Expansion of RNG production capacity
  • Growing demand for sustainable transportation solutions
  • Partnerships with municipalities and transit agencies
  • Technological advancements in RNG production

Threats

  • Changes in government regulations and incentives
  • Increased competition from electric vehicles
  • Lower oil prices making traditional fuels more attractive
  • Economic downturn impacting transportation demand

Competitors and Market Share

competitor logo Key Competitors

  • WM
  • RSG
  • WCN

Competitive Landscape

Clean Energy Fuels Corp. is a leader in the RNG market for transportation. It faces competition from other RNG providers, as well as from electric vehicle manufacturers and traditional fuel suppliers. CLNE benefits from its extensive infrastructure network.

Major Acquisitions

Clean Energy Renewable Fuels

  • Year: 2018
  • Acquisition Price (USD millions): 0
  • Strategic Rationale: To expand the company's RNG production capacity.

Growth Trajectory and Initiatives

Historical Growth: Growth has been driven by the increasing adoption of natural gas and RNG as transportation fuels. Revenue growth has varied depending on market conditions and the company's ability to secure new contracts.

Future Projections: Analyst estimates suggest continued growth in revenue and earnings, driven by the increasing demand for RNG. However, these projections are subject to change based on market conditions and the company's performance.

Recent Initiatives: Recent initiatives include expanding RNG production capacity, securing new supply agreements, and developing new fueling station locations.

Summary

Clean Energy Fuels Corp. is a key player in the renewable natural gas (RNG) market, benefiting from increasing demand for sustainable transportation solutions. Its extensive fueling network and focus on RNG production are significant strengths. However, it faces challenges from competition and regulatory uncertainty. Successful execution of expansion plans and continued innovation are crucial for its long-term growth.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company SEC filings (10-K, 10-Q)
  • Company website
  • Industry reports
  • Analyst estimates

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market conditions and company performance can change rapidly, so this analysis should not be the sole basis for investment decisions.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Clean Energy Fuels Corp

Exchange NASDAQ
Headquaters Newport Beach, CA, United States
IPO Launch date 2007-05-25
Co-Founder, President, CEO & Director Mr. Andrew J. Littlefair
Sector Energy
Industry Oil & Gas Refining & Marketing
Full time employees 577
Full time employees 577

Clean Energy Fuels Corp. offers natural gas as alternative fuels for vehicle fleets and related fueling solutions in the United States and Canada. It supplies renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for medium and heavy-duty vehicles; and provides operation and maintenance services for public and private vehicle fleet customer stations. The company also designs, builds, operates, and maintains vehicle fueling stations; and sells and services compressors and other equipment that are used in RNG production and fueling stations. In addition, it transports and sells CNG, RNG, and LNG through virtual natural gas pipelines and interconnects; sells U.S. federal, state, and local government credits, such as RNG as a vehicle fuel, including Renewable Identification Numbers and Low Carbon Fuel Standards credits; and obtains federal, state, and local credits, grants, and incentives. Further, the company focuses on developing, owning, and operating dairy and other livestock waste RNG projects. It serves heavy-duty trucking, airports, refuse, public transit, industrial, and institutional energy users, as well as government fleets. Clean Energy Fuels Corp. was incorporated in 2001 and is headquartered in Newport Beach, California.