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Clean Energy Fuels Corp (CLNE)

Upturn stock ratingUpturn stock rating
$2.63
Last Close (24-hour delay)
Profit since last BUY35.57%
upturn advisory
Consider higher Upturn Star rating
BUY since 87 days
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Upturn Advisory Summary

09/17/2025: 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$2.63
52w High $3.67

Analysis of Past Performance

Type Stock
Historic Profit -33.14%
Avg. Invested days 26
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/17/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 576.73M 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 09/17/2025
52 Weeks Range 1.30 - 3.67
Updated Date 09/17/2025
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 -
When -
Estimate -
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) 1.37
Enterprise Value 703217961
Price to Sales(TTM) 1.37
Enterprise Value to Revenue 1.67
Enterprise Value to EBITDA 104.02
Shares Outstanding 219288992
Shares Floating 172652978
Shares Outstanding 219288992
Shares Floating 172652978
Percent Insiders 21.47
Percent Institutions 47.85

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 1997. It pioneered the use of natural gas as a transportation fuel and has grown to be a major supplier of renewable natural gas (RNG) and compressed natural gas (CNG) in North America.

business area logo Core Business Areas

  • RNG Production and Supply: Development and supply of Redeemu2122 RNG, a renewable fuel derived from organic waste sources. This includes sourcing, processing, and distributing RNG for transportation and other applications.
  • Fueling Stations: Operation and maintenance of a network of natural gas fueling stations across North America, providing CNG and LNG to vehicles.
  • CNG/LNG Vehicle Infrastructure: Design, construction, and maintenance of natural gas fueling infrastructure for fleets and other customers.
  • Fuel Supply Contracts: Securing long-term fuel supply contracts with fleets and other consumers of natural gas.

leadership logo Leadership and Structure

Andrew J. Littlefair is the President and CEO. The company has a typical corporate structure with a board of directors and various executive management roles overseeing different functional areas.

Top Products and Market Share

overview logo Key Offerings

  • Redeemu2122 RNG: Renewable natural gas derived from organic waste. Market share is difficult to pinpoint precisely but they are a market leader in the renewable natural gas sector, with a large and growing portfolio. Competitors include Waste Management (WM), Republic Services (RSG), and various smaller RNG producers.
  • CNG/LNG Fueling Stations: Network of fueling stations offering CNG and LNG. Significant market share, especially in specific geographic regions. Competitors include Trillium CNG (part of Love's), Pilot Flying J, and other regional CNG/LNG station operators.

Market Dynamics

industry overview logo Industry Overview

The industry is focused on alternative transportation fuels, driven by environmental concerns, government regulations, and the desire for lower fuel costs. The industry is rapidly expanding, transitioning towards RNG production.

Positioning

Clean Energy Fuels Corp is positioned as a leading provider of renewable natural gas and natural gas fueling solutions. Their strengths include a large fueling station network and strategic partnerships. Competitive advantages lies in the established infrastructure and experience in the natural gas fueling sector.

Total Addressable Market (TAM)

The TAM for alternative transportation fuels is estimated to be in the tens of billions of dollars. Clean Energy Fuels Corp is positioned to capture a significant portion of this market through its RNG production and fueling station network. Market analysts and company executives are projecting increases in the total addressable market over the next 5-10 years.

Upturn SWOT Analysis

Strengths

  • Established fueling station network
  • Strategic partnerships with fleets and municipalities
  • Focus on renewable natural gas (RNG)
  • Experienced management team
  • Diversified revenue streams

Weaknesses

  • Reliance on government incentives and regulations
  • Vulnerability to natural gas price fluctuations
  • Capital-intensive business model
  • Limited geographic presence compared to larger oil and gas companies

Opportunities

  • Increasing demand for sustainable transportation fuels
  • Expansion of RNG production capacity
  • Growing adoption of natural gas vehicles
  • Potential for acquisitions and partnerships
  • Government support for renewable energy initiatives

Threats

  • Competition from other alternative fuels (e.g., electric vehicles, hydrogen)
  • Changes in government regulations and incentives
  • Technological advancements in competing fuel technologies
  • Economic downturn impacting transportation demand
  • Fluctuations in natural gas prices

Competitors and Market Share

competitor logo Key Competitors

  • Westport Fuel Systems (WPRT)
  • Hexagon Purus (HPUR.OL)
  • Cummins (CMI)

Competitive Landscape

Clean Energy Fuels Corp has a strong position in the RNG market and a large fueling station network. Westport Fuel Systems specializes in natural gas engine technology, Hexagon Purus focusing on hydrogen and natural gas systems, Cummins on powertrains including natural gas solutions. The competitive landscape is evolving as the industry shifts towards renewable fuels.

Major Acquisitions

Clean Energy Renewable Fuels

  • Year: 2018
  • Acquisition Price (USD millions): 0
  • Strategic Rationale: Increased its renewable fuels footprint.

Growth Trajectory and Initiatives

Historical Growth: Clean Energy Fuels Corp has experienced moderate growth in revenue over the past several years, driven by increased demand for natural gas fueling and renewable natural gas.

Future Projections: Analyst estimates suggest continued growth in revenue and profitability, driven by the expansion of RNG production and the increasing adoption of natural gas vehicles. Estimates need updated based on updated information.

Recent Initiatives: Recent initiatives include expanding RNG production capacity, securing new fuel supply contracts, and developing partnerships with fleets and municipalities.

Summary

Clean Energy Fuels Corp holds a strong position in the RNG market. Their extensive fueling station network and focus on RNG are working well. The company faces risks from competition and regulatory changes, so they must continue to innovate and adapt to the evolving energy market. Growing RNG capacity, and partnerships are essential for its continued success.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Analyst Reports
  • Industry Publications
  • Clean Energy Fuels Corp. Investor Relations

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share data is estimated and may not be precise.

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

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

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

Upturn AI SummarizationUpturn 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.