Monday, August 07, 2017 9:38:12 AM
Over the past several years, investors in Clean Energy Fuels have taken a beating. But even while that's happened, it's looking like the company is finally primed to start delivering solid returns for investors.
I know what you're thinking: Why natural gas? Isn't the future of cars the EV? It probably is, but to ignore Clean Energy Fuels, for this reason, is a gross misunderstanding of the company's business, as well as its likely future.
To start, Clean Energy Fuels' customers are medium- and heavy-duty vehicle fleet operators, such as solid waste trash truck operators, bus fleets, and heavy-duty tractor trailers among others, and not individual automobiles. And natural gas has proven to be incredibly effective for these applications, many of which are beyond the capabilities of electric powertrains and likely to remain so for years.
Furthermore, Clean Energy's fastest-growing business is biomethane, produced from landfills, dairy farms, and other such facilities, and by capturing and using this methane, the environmental impact of these facilities is significantly reduced, as are the emissions of the vehicles burning them.
Why Clean Energy now? In short, the company's balance sheet is the strongest it's been in years after a major debt reduction, operating and capital spending is also down by double digits, while fuel sales continue to grow. This has the company producing positive cash flows and set to grow those cash flows in coming years even as the market continues to beat the stock down.
Recent CLNE News
- J.B. Hunt kicks off Clean Energy’s Class 8 demo truck program equipped with Cummins X15N powered by ultraclean RNG • Business Wire • 09/16/2024 10:30:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2024 08:11:13 PM
- Clean Energy Reports Revenue of $98.0 Million and 57.1 Million RNG Gallons Sold for the Second Quarter of 2024 • Business Wire • 08/07/2024 08:05:00 PM
- Clean Energy’s Latest RNG Production Facility at Minnesota Dairy Begins Injecting Into Pipeline • Business Wire • 08/05/2024 10:30:00 AM
- Clean Energy Opens Clean-fuel RNG Station in Davenport, Florida • Business Wire • 07/31/2024 10:30:00 AM
- Clean Energy’s RNG Production Facility Breaks Ground at South Fork Dairy • Business Wire • 07/24/2024 10:30:00 AM
- Clean Energy to Report Second Quarter 2024 Financial Results on August 7; Conference Call to Follow at 1:30 p.m. Pacific Time • Business Wire • 07/16/2024 12:00:00 PM
- Clean Energy Opens Renewable Natural Gas Station in Philadelphia - South Jersey Area to Serve Fleets • Business Wire • 06/25/2024 10:30:00 AM
- Municipalities Adopt Cleaner Solutions Inking Agreements with Clean Energy • Business Wire • 06/20/2024 10:30:00 AM
- Clean Energy Expands Boron LNG Plant Capacity to Accommodate Increased Demand for Cleaner Fuel Driven by Pasha Hawaii Container Ships • Business Wire • 06/11/2024 10:30:00 AM
- Clean Energy Expands Fueling Footprint in So. California • Business Wire • 06/04/2024 10:30:00 AM
- Cemex US Signs Renewable Natural Gas Fuel Agreement with Clean Energy to Power Fleet in Southern California • Business Wire • 05/30/2024 10:30:00 AM
- Bi-Partisan Bill Introduced in U.S. Senate to Encourage the Use of Ultra-Low Carbon RNG in Transportation • Business Wire • 05/23/2024 10:30:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/20/2024 08:46:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/20/2024 08:42:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/20/2024 08:37:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 08:08:50 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 05/16/2024 09:30:14 PM
- Clean Energy and Maas Energy Works Join Forces to Build Nine Renewable Natural Gas Dairy Production Facilities Across Seven States • Business Wire • 05/14/2024 10:30:00 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/09/2024 08:16:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 08:10:54 PM
- Clean Energy Reports Revenue of $103.7 Million and 58.0 Million RNG Gallons Sold for the First Quarter of 2024 • Business Wire • 05/09/2024 08:05:00 PM
- Clean Energy Announces First Injection of Renewable Natural Gas at Victory Farms Dairy • Business Wire • 04/23/2024 10:30:00 AM
- Clean Energy to Report First Quarter 2024 Financial Results on May 9; Conference Call to Follow at 1:30 p.m. Pacific Time • Business Wire • 04/12/2024 12:00:00 PM
- Clean Energy Appoints Patrick J. Ford to Board of Directors • Business Wire • 03/28/2024 10:30:00 AM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM