InvestorsHub Logo
Followers 7
Posts 382
Boards Moderated 0
Alias Born 05/31/2007

Re: None

Friday, 04/10/2015 4:41:50 PM

Friday, April 10, 2015 4:41:50 PM

Post# of 8475
http://newsletters.fool.com/18/coverage/updates/2015/04/10/best-buys-now-team-david.aspx?source=ipeemleml0000003

Clean Energy Fuels

Although the performance of the stock might not indicate it, Clean Energy Fuels (NASDAQ: CLNE) is slowly but surely moving toward profitability. The operator and supplier of natural gas fueling sites recently announced an expansion by one of its customers, Raven Transport, which just bought 115 Peterbilt sleeper cabs powered by liquefied natural gas. This is especially pleasing because these are long-haul truckers, the folks for whom America's natural gas highway is being built. Milk and ice cream producer Dean Foods (NYSE: DF) announced that it is converting part of its fleet to natural gas, and Clean Energy is building the fueling station. In the most recent quarterly conference call, CEO Andrew Littlefair pointed out that these kinds of moves are part of a broader trend. Last year, the company signed deals with 66 fleet operators that are either new to natural gas or expanding their natural gas operations. Even with low oil prices, natural gas is cheaper, and the trend to switch is building momentum. We think now is a good time to either fill up or top off a position.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CLNE News