Replies to post #62035 on Savvy Trades and Investments

[wadegarret]

KIK- CLNE, you are right- my bad

I looked up the price of RNG on google, and it was around $2.50/gallon. Apparently CLNE is charging only $.87/gallon for their product version as you said. So more like $410M for 2020, or $.17 in EPS. So the stock is already selling for around a 17 PE going forward right now, and not the bargain I thought. Thanks for pointing this out. I should have read the company report, and not assumed that Renewable natural gas had one standard price.