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Yep great time to get in before summer gas prices rocket. One of the last times to get in at an unbelievable price!
I bet I buy a bunch more tomorrow. Like more than your thinking. Nope more than that
Ut oh! Your good at basic economics. Keep looking and learning though.
This summer will be a fine lesson for you sir.
These are bargain prices though. Your right! Good time to buy in my humbling opinion
Yes indeedy. Some are getting worried around here, well just the shorters.
Better cover your shorts gals and boys. It's in my opinion there are some big buys coming in for some big reasons.
I love these cheap stocks and how easy it is to make them tick up. See ya tomorrow
Dilution is in the rear view.
~150m OS at last report.
http://investors.cleanenergyfuels.com/secfiling.cfm?filingid=1193125-17-189426&CIK=1368265
Ya looking strong, folks getting in this one
Cool I'm a buyer at those prices too
I look at it as someone just bought a bunch. Gotta love those deep pockets, kinda sucks for you guys wanting it to tank today right?
Whoops posi numbers for now
Touching low 2.00 range tomorrow early morning followed by a big bounce.
Someone dumped $203,000 worth of shares at 2.34 at the close.
Dead cat bounce will probably be followed up by a deeper short and bigger dump.
How do you explain the insiders SELLING??
Open market insider buy means a sign of good things to come..
NEW MULTI-YEAR LOWS. !!!
WHO SAID "DEAD CAT BOUNCE" ?
ALL THAT GREAT BP NEWS... Pffffft.
"The fueling contract begins with a one-year pilot where Clean Energy will provide Redeem to one of Metro’s eleven compressed natural gas stations, which are currently operated and maintained by Clean Energy. Each station provides fuel for approximately 200 CNG buses."
One year pilot for one station then all eleven!
It looks as if the market has priced the news correctly...
Kudos to the LONG-SUFFERING LONGS...
Spin any way you want but it is a CONTRACT...
LA Metro Awards Multi-Year Contract for Clean Energy’s Redeem™
Source: Business Wire
Renewable Natural Gas to Fuel Nation’s Largest CNG Bus Fleet
Clean Energy Fuels Corp. (Nasdaq: CLNE) announced today that the Los Angeles County Metropolitan Transportation Authority (Metro) has awarded Clean Energy a renewable natural gas (RNG) contract to fuel its fleet of transit buses. The deal calls for Clean Energy to provide Metro its Redeem™ brand of RNG, the first renewable and commercially available vehicle fuel made entirely from 100% organic waste.
The fueling contract begins with a one-year pilot where Clean Energy will provide Redeem to one of Metro’s eleven compressed natural gas stations, which are currently operated and maintained by Clean Energy. Each station provides fuel for approximately 200 CNG buses. Execution of an additional option will allow Clean Energy to provide Redeem to the entire fleet of 2,200 natural gas buses for four more years, for an anticipated 38 million gasoline gallon equivalents (GGEs) each year.
Over the five-year period, the transition to RNG will reduce Metro’s greenhouse gas (GHG) emissions by over 520,000 metric tons over the use of regular natural gas and by almost 900,000 metric tons over the use of diesel. Unrelated to the use of Redeem, Metro will begin retrofitting and replacing their buses with the new Cummins-Westport Low NOx CNG engines that reduce smog-forming NOx and GHG emissions that are 90% lower than the EPA NOx limit.
“As one of the largest transit agencies in the nation, we take our responsibility to the environment and the taxpayers very seriously,” said Cris B. Liban, Metro Executive Officer for Environment and Sustainability. “The use of RNG allows us to further exceed our environmental goals and reduce our reliance on the use of extracted fossil fuels, while ensuring the seamless transition to a cleaner, greener fleet.”
Redeem is derived from biogenic methane or biogas, which is methane that is naturally generated by the decomposition of organic waste. The methane gas is then processed, purified and sent into the interstate natural gas pipeline and transported to Clean Energy’s and its customers’ stations.
“We are continuously assessing new technologies in transportation and perform a rigorous analysis before adopting anything,” said John Drayton, Metro Director of Vehicle Technology. “In this case, transitioning to renewable natural gas along with the use of low NOx engines reduces our fleet’s NOx emissions by 90%, so it was an easy decision.”
“Metro is putting the needs of its customers and the people of Los Angeles County at the forefront in its decision to switch to Redeem and the latest clean engine technology,” said Tyler Henn, Vice President and General Manager of Clean Energy Renewables. “They have chosen an alternative that will make significant strides in cleaning up the air and reducing harmful air toxins and greenhouse gases at an affordable price.”
About Clean Energy
Clean Energy Fuels Corp. is the leading provider of natural gas fuel for transportation in North America. We build and operate CNG and LNG vehicle fueling stations, manufacture CNG and LNG equipment and technologies, develop RNG production facilities, and deliver more CNG and LNG vehicle fuel than any other company in the U.S. Clean Energy also sells Redeem RNG fuel and believes it is the cleanest transportation fuel commercially available, reducing greenhouse gas emissions by up to 70%. For more information, visit www.CleanEnergyFuels.com.
About Metro
The Los Angeles County Metropolitan Transportation Authority (Metro) is unique among the nation’s transportation agencies. Created in 1993, Metro is a multimodal transportation agency that transports about 1.3 million passengers daily on a fleet of 2,200 clean air buses and six rail lines. The agency also oversees bus, rail, highway and other mobility-related building projects and leads transportation planning and programming for Los Angeles County.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks, uncertainties and assumptions, including without limitation statements about amounts of RNG expected to be consumed by Metro. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of several factors, including, without limitation, execution of the contract option. The forward-looking statements made herein speak only as of the date of this press release and, unless otherwise required by law, the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. Additionally, the reports and other documents the Company files with the SEC (available at www.sec.gov) contain risk factors, which may cause actual results to differ materially from the forward-looking statements contained in this news release.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170526005122/en/
Clean Energy
Jason Johnston - Media
+1-949-437-1411
jason.johnston@cleanenergyfuels.com
or
Tony Kritzer - Investors
+1-949-437-1403
tkritzer@cleanenergyfuels.com
Why are we at multi year lows do you think?
"NOT TO EXCEED..."
That means that it could be LESS THAN...
Why are we at MULTI-YEAR LOWS ????
I thought the BP Deal was a "game changer",...UH..OH !!!
Unanimous in favor.
$56m 5 year contract for RNG at LAMetro
https://metro.legistar.com/LegislationDetail.aspx?ID=3023279&GUID=5BFF7AC5-06CE-4D6F-8744-4F7AD755B223
Or you can just look at the latest filings (SEC Form-4) and see who just sold...
Even if it is just spewing words with no proof. good Day...
\
Ndakota
MORE INSIDERS SELLING !!!
WILL IT EVER STOP ???
They must think that this will be the HIGH going forward.
No worries D.B.
Thanks for your view DJ
Then why do they sell ???
Selling outnumbers buys by 10 to 1 !!!
And they buy for one reason and one reason only. This stock is going higher for sure.
AND YET I STILL HAVE NO DIFFICULTY COVERING UNDER $2.50....
This is my ATM...
CLNE News: Quarterly Report (10-q) 05/04/2017 04:13:25 PM
CLNE News: Current Report Filing (8-k) 05/04/2017 04:09:22 PM
CLNE News: Clean Energy Reports 85.1 Million Gallons Delivered and Revenue of $89.5 Million for First Quarter of 2017 05/04/2017 04:05:00 PM
CLNE News: Clean Energy to Report First Quarter 2017 Financial Results on May 4; Conference Call To Follow at 1:30 p.m. Pacific 04/17/2017 06:00:00 AM
CLNE News: Additional Proxy Soliciting Materials (definitive) (defa14a) 04/12/2017 05:27:35 PM
Clean Energy Fuels C (CLNE)
2.5 ? -0.09 (-3.47%)
Volume: 1,021,900 @ 4:11:54 PM ET
Bid Ask Day's Range
2.47 2.62 2.485 - 2.62
CLNE Detailed Quote
A bad day, but an incredible 3+ years for shorts... $12.00 to $2.00!!!
Not a good day for some around here
OPTICS??? I am not interested in owning a stock because the customers are buying because they love the Earth or that it looks good ...
That belies the underlying problem with this stock...no one can justify NGV's except on optics.
Thinking more companies are doing this for moral, long term arts friendly decisions. We have generations to set an example for!!
I didn't read that... I heard that directly from the gentleman who runs the Alt Fuels program for WM.
As part of my DD, I have spoken to several of the leaders in the Alt Fuels industry...(including Andy, David, Nancy and Paul) which is one reason I have been short Alt Fuels for the past 3 years.
From my direct research I think WM has the best run Alt Fuels program, so projecting their numbers onto the rest of the niche is not very accurate and probably overstates any benefits.
WM is far above the average. So if the changes in fuel pricing is affecting WM's economics negatively, I/we can assume it is the same or worse for others.
It is Amazing how Time, has a way of showing the Facts and Truths. of Many things, Look how Pot is Helping some Medical conditions. Drug Companies cant control it..change is good it Just takes Time to Prove sometimes..
Ndakota
Where did you read that? (It has increased) If you go 3 Years back it takes you through the lowest sell of oil in 10 Years.
Just for Info. Waste Management Turns over on a 54 Month Rotation, so the first 36 months the make up the cost difference, so for the next Year and a Half they bank the savings, I guess when the Rotation comes around the second time It's Cut in Half and the third Rotation It's ZERO, and that doesn't count any Price Drops. NOW That is Wise Management.. No RIN Tax, Cleaner Air for All to Enjoy, It's All Around Good Management...Good Day..
Ndakota
One company does not make an industry average... And WM payback period has increased recently... NOT A HEALTHY DEVELOPMENT FOR THE NGV NICHE.
This may explain the drop in NGV sales.
Good day.
Hey Jack if you Read Waste Management has said several times Three years, and we just went through a period of the barrel dropping to 30-32 or lower within the last TWO Years, This is not happening only because Oil and Gas is not Price stable, It's happening because 152 days of last year where smog days in Cali. or San Diego. and Nat. Gas is Cleaner Burning then ALL OF Them.. Good Day... OH RNG is as Clean as an Electric Vehicle.
Ndakota
UH, OH !!!
Does anyone here know what the price of natural gas is ?
Does anyone here know what the price of CNG is?
Does anyone here know what the price of diesel is?
Does anyone here know what the price of gasoline is?
With these economics, does anyone know how many YEARS it will take before you can BREAK EVEN with an NGV?
I've looked at all the same Growing Pains, at todays price I'm buying when I can. We do care about all the different Trucks, Busses, Cement, and Taxi.
The Growth of all of this tells us the Truth, None of the above Mentioned, have stopped converting to Nat. Gas, of all kinds. There does seem to be Much More attention out of B/C, UPS, The West coast Ports.
We have all said when the 18- Wheelers decide to move, it will give us the Boost and move we've all been looking for. Everything seems to be moving in the Right Direction.
I hate the VETC one year it's there the next its not, but it has helped to get things moving.
Q-2 will get a bit more of the Rev. from the completion of Station Builds. IMHO- We are now beginning to see more of the 18-wheelers. The Growth is not Fast paced but it continues to Grow, the faster they get rid of the Debt. The better off we will all SEE. Good Day...
Ndakota
OH... MY... THAT DIDN'T TAKE VERY LONG.
I guess people are realizing that the earnings were not so good after all.
There's the 10% pop that I predicted. Now its on to $3.00+ by June.
Just under double digit growth quarter over quarter.
Go CLNE!!
PS: Keep in mind the economy is going to start growing very rapidly in the near future. The administration has issued a number of executive orders that will put thousands back to work. this means more trucks will be needed to handle the additional tonnage generated by this uptick. A year from today we'll wish we had bought this stock at this low of a price.
Not a lot of questions on the call. here's my take on it:
They retired a lot of debt, obviously a good thing, but that and the BP sale are what account for the earnings beat. Strip that out and they lost money. They missed on revenue and margins were down.
If they can't be a profitable operation without those kinds of events or without a tax credit, it's not a good thing.
They are still waiting for the Cummins Westport truck engines. I don't care how many garbage trucks are running on Redeem, until those truck engines are filling up with NG there isn't going to be any substantial revenue or margin dollar growth.
The price will stay right around where it is for at least another Q.
The quarter didn't suck. That's about all that I got from the press release. I'll have to read the CC transcript to form a better opinion.
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Clean Energy (Nasdaq: CLNE) is the largest provider of natural gas fuel for transportation in North America and a global leader in the expanding natural gas vehicle market. It has operations in CNG and LNG vehicle fueling, construction and operation of CNG and LNG fueling stations, biomethane production, vehicle conversion and compressor technology.
Clean Energy (Nasdaq: CLNE) is the largest provider of natural gas fuel for transportation in North America and a global leader in the expanding natural gas vehicle market. It has operations in CNG and LNG vehicle fueling, construction and operation of CNG and LNG fueling stations, biomethane production, vehicle conversion and compressor technology.
Our Mission
Clean Energy is changing the way the world fuels its vehicles. Energy independence is an undisputed goal for our nation, and we at Clean Energy know just how realistic and attainable that goal is with natural gas fuel. Moving forward in our thinking as well as in our vehicles means a safer, healthier planet for all of us. This change is already happening. Natural gas is abundant and domestically available and is already used as a cleaner source of energy around the world. - See more at: https://www.cleanenergyfuels.com/about-us/#sthash.xIy4zrGL.dpuf
Clean Energy Fuels’ company growth over the decades has been marked with risk and reward, and always defined by passion. Entrepreneur and energy pioneer T. Boone Pickens and current Clean Energy President and CEO Andrew Littlefair had a vision they felt could change this country for the better.
The idea behind natural gas fuel is two-fold, and Americans hear a lot about both of its main benefits: a greener planet and energy independence. Like all paradigm-shifting ventures, Pickens’ company started relatively small and grew with consistency that proved he wasn’t just “onto something.” He was putting in motion a company that is instrumental in making the change that so many of us talk about.
Leadership
Message from the CEO Clean Energy is working to change the way America fuels their vehicles. Energy independence is an undisputed goal for our nation, and we at Clean Energy know just how realistic and attainable that goal is. – Andrew Littlefair,
Andrew J. Littlefair Andrew J. Littlefair is President and CEO of Clean Energy, a company he co-founded with T. Boone Pickens in 1997. Previously, Mr. Littlefair served as Vice President of Public Affairs at MESA Inc., then one of America’s largest independent producers of natural gas. In this role Littlefair oversaw the company’s natural gas vehicle activities and served as special assistant to Mr. Pickens. Mr. Littlefair served as Chairman of NGVAmerica for 8 years from 2003 to 2011. In 2004, he was named an NGV Champion by the International Association of Natural Gas Vehicles (IANGV). In 2014, Mr. Littlefair received an Environmental Leadership Award from the California League of Conservation Voters for his work in renewable natural gas and building America’s Natural Gas Highway. Mr. Littlefair graduated from the University of Southern California with a B.A. in Political Science. He and his wife have two sons. - See more at: https://www.cleanenergyfuels.com/about-us/board-of-directors-leadership/leadership/andrew-littlefair/#sthash.EEGOiMLZ.dpuf
Raymond Burke Mr. Burke serves as our Vice President, Business Development (Solid Waste). In this role, Raymond focuses on developing new strategic growth opportunities for Clean Energy in the solid waste industry. He leads outreach efforts aimed at educating waste industry leaders on the benefits of using clean-burning natural gas fuel for their trash collection fleets. Prior to joining Clean Energy, Raymond served as Southern California Area Vice President for Waste Management, one of America’s largest solid waste companies. He began his career at a 50-route disposal company where he held operational posts leading up to General Manager. Raymond earned an MBA from Chapman University, Orange, CA. - See more at: https://www.cleanenergyfuels.com/about-us/board-of-directors-leadership/leadership/raymond-burke/#sthash.rOhaZrw5.dpuf
Harrison Clay
Mr. Clay serves as our President of Clean Energy subsidiary Clean Energy Renewable Fuels. In this role, Harrison is responsible for leading Clean Energy’s efforts to produce and sell renewable natural gas (or biomethane) that is derived from the anaerobic decomposition of organic waste. Prior to joining Clean Energy in 2008, Mr. Clay worked at the San Francisco investment bank WR Hambrecht + Co. Mr. Clay has extensive experience in structuring and trading environmental commodities, venture capital, corporate and project finance and the clean tech and energy industries. Mr. Clay has a JD from the University of Virginia and a dual AB in Anthropology and English from the University of Georgia. - See more at: https://www.cleanenergyfuels.com/about-us/board-of-directors-leadership/leadership/harrison-clay/#sthash.4k2DvBTr.dpuf
Clay Corbus
Mr. Corbus serves as our Senior Vice President, Strategic Development. In this role, Clay helps develop strategic growth opportunities, acquisitions and financing strategies for Clean Energy. Previously he was Co-CEO of WR Hambrecht & Co, the firm that managed Clean Energy’s 2007 IPO. Prior to that, he worked with Donaldson, Lufkin & Jenrette from 1989. He graduated from Dartmouth College with an AB in Government and has an MBA in Finance from Columbia University. Clay serves as a Director with three companies: Alaska Energy and Resources Co., Overstock.com and Goodwill of San Francisco.
Mitchell Pratt
Mr. Pratt serves as our Chief Operating Officer. In this role, Mitchell initiates business strategy and oversees production across all of Clean Energy’s divisions. Before coming to Clean Energy, Mitchell was the General Manager of the Natural Gas Vehicle (NGV) department for the Southern California Gas Company. His 18-year career represents a diverse background of leadership roles ranging from customer satisfaction, financial and distribution operations, to public policy, and sales and market development. He has a degree in Engineering as well as an MBA..
Robert Vreeland
Robert Vreeland serves as our Chief Financial Officer. In this role he manages the finances for Clean Energy while seeking new revenue opportunities in the marketplace. Prior to this, Bob served as Vice President of Finance and Accounting at Clean Energy from 2012 to 2014. Before joining Clean Energy, Bob was a consultant at RV CPA Services, PLLC, a provider of certified public accounting services. From 1997 to 2009, Bob held various finance and accounting leadership positions including Interim CFO at Hypercom, a global manufacturer of electronic payment and transaction equipment. Prior to Hypercom, he spent twelve years at accounting firm Coopers & Lybrand. He has extensive experience leading global finance and accounting teams as well as deep tax and financial planning expertise. Bob earned a B.S. from Northern Arizona University and is a certified public accountant.
-- Gary Foster Senior Vice President, Corporate Communications
-- Peter Grace Senior Vice President, Sales and Finance
-- James Harger Senior Advisor to the CEO-Trucking
-- James Hooley Vice President, Federal Government Relations Don Horning Vice President, National Truck Team
-- Nate Jensen Vice President and General Counsel
-- Barbara Johnson Vice President, Administration
-- Chad M. Lindholm Vice President of Sales, Heavy Duty Trucking
Shares Outstanding5: | 70.4M |
Float: | 48.61M |
% Held by Insiders1: | 24.23 |
% Held by Institutions1: | 39.29 |
Target Price | 15.67 |
Book Value | 5.88 |
Short % of Float (as of Jul 15, 2010)3: | 25.31% |
Customer Solutions:
Airport Service Vehicles
Price-Stable Efficiency Ready For TakeoffWe understand the logistic and economic pressure airport authorities face when supporting thousands of passengers a day. Stabilize your fuel budgets, potentially increase non-aviation revenue, and offer your community cleaner skies with clean natural gas fuel.Fueling taxis, parking, hotel and rental car shuttles alongside service vehicles at North America’s busiest airports, Clean Energy has built over 37 airport-serving natural gas fueling stations to create a greener transit environment and control costs for drivers and airport authorities alike. - See more at: https://www.cleanenergyfuels.com/customer-solutions/airport-service-vehicles/#sthash.lO4XCjfr.dpuf
Construction
Your construction fleet must be efficient, clean, and cost-conscious on the job site and on deliveries. Manage your bottom line and distinguish your business as a community leader with price-stable natural gas, abundantly available in North America. - See more at: https://www.cleanenergyfuels.com/customer-solutions/construction/#sthash.O6AdGI06.dpuf
Government Fleets
The pressure to enhance your community and balance budgets can be daunting. Switching your local fleets to natural gas is an easy way to win community support, clean up the environment and control costs. Clean Energy is already serving cities and municipalities across North America, which are now enjoying the benefits of natural gas. - See more at: https://www.cleanenergyfuels.com/customer-solutions/government-fleets/#sthash.DMHyDhWd.dpuf
Heavy Duty Trucks
Carriers looking for cost stability and reliable fueling, choose Clean Energy as their natural gas fueling partner. - See more at: https://www.cleanenergyfuels.com/customer-solutions/heavy-duty-trucks/#sthash.IU7BCSy8.dpuf
Industrial Facilities
Switching to a reliable, cleaner-burning fuel is not only good for the communities where you do business, but it’s also smart for your bottom line. We deliver CNG and LNG to facility owners today, providing all the benefits of natural gas without the hassle of supply, logistics or price negotiations. - See more at: https://www.cleanenergyfuels.com/customer-solutions/industrial-facilities/#sthash.VHkzzrBb.dpuf
Light & Medium Duty Trucks
Switching to a reliable, cleaner-burning fuel is not only good for the communities where you do business, but it’s also smart for your bottom line. - See more at: https://www.cleanenergyfuels.com/customer-solutions/light-and-medium-duty-vehicles/#sthash.SmVAgs0T.dpuf
Marine
We’ll take care of everything you need to accommodate the LNG fueling process, from fitting plant-to-dock pipelines to modifications and upgrades to both your yard and dock. And of course, Clean Energy will help you navigate through the necessary permitting to make this change happen. It’s a part of the process we know well, and our experts will help make it quick and worry-free. - See more at: https://www.cleanenergyfuels.com/customer-solutions/marine/#sthash.DKavLjDu.dpuf
Mining
Your mining fleet must be efficient, clean and cost-conscious on the work site. Manage your bottom line and distinguish your business as a community leader with price-stable natural gas, abundantly available in North America. - See more at: https://www.cleanenergyfuels.com/customer-solutions/mining/#sthash.Hrl7XDO4.dpuf
Rail
In order to stay competitive in the evolving transportation industry, railroads are choosing Clean Energy as their natural gas fueling partner. We have pioneered the use of natural gas fuel in other transportation market segments, and we’ll use this depth of knowledge to help you forge the way forward in LNG-fueled locomotion. - See more at: https://www.cleanenergyfuels.com/customer-solutions/rail/#sthash.4aP13J6C.dpuf
Refuse
You are in the business of managing waste and budgets while making the world a cleaner place. Natural gas fuel for your refuse fleet can help you reach every one of these goals. That’s more than gasoline or diesel can say. - See more at: https://www.cleanenergyfuels.com/customer-solutions/refuse/#sthash.3Ksq5BHg.dpuf
Shuttles
Win customers, build loyalty and manage costs by going green. When you team up with Clean Energy, your fleet starts controlling fuel costs from day one, and customers who ride with you will feel good about their sound, environmental choice. - See more at: https://www.cleanenergyfuels.com/customer-solutions/shuttles/#sthash.2fZ7HDru.dpuf
Taxis
Your customers rely on your fleet to get them where they need to go, and to do it responsibly. Gain loyalty and repeat business with a more cost-effective, environmentally friendly fuel for your taxis. - See more at: https://www.cleanenergyfuels.com/customer-solutions/taxis/#sthash.CKcFw1Wf.dpuf
Transit
Build a cleaner, more cost-efficient transit system for your community. - See more at: https://www.cleanenergyfuels.com/customer-solutions/transit/#sthash.HG3nU4CT.dpuf
Press Release:
April 20, 2018
Investor Relations Contact: 562-493-2804, Extension 320 or call directly to 562-493-7215.
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