Clean Energy (CLNE)

[whassup]

Here's why CLNE revenues were down this quarter.

The major difference in revs is attributed to construction revenue and IMW.

In 2014, rev. were $16.3 and $ 22.3 million for construction and IMW respectively.

In 2015, rev were $ 6.5 and $ 14.4 million for construction and IMW respectively.

So CLNE had $ 17.7 million less rev due to these 2 areas.


Additionally. as the price of nat gas dropped, CLNE sold gas at .09 per gallon lower than in 2014. Add .09 per gallon on the 75.2 million gallons sold and revs would have been up an additional $ 6.77 mil.

Likewise, the cost of nat gas sold was .09 lower per gallon.

So revenue on gallons sold in 2014 was 59.5% of total revenues and in 2015 it was 75.6% of total revenues.

This is why I have always said gallons and margins on those sold gallons is what's important.