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Clean Energy Fuels Corp - CLNE STOCK NEWS

Welcome to our dedicated news page for Clean Energy Fuels (Ticker: CLNE), a resource for investors and traders seeking the latest updates and insights on Clean Energy Fuels.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Clean Energy Fuels's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Clean Energy Fuels's position in the market.

Rhea-AI Summary
Clean Energy Fuels Corp. (Nasdaq: CLNE) has announced the successful completion of its renewable natural gas (RNG) facility at Victory Farms Dairy in South Dakota, producing ultra-low carbon RNG for the transportation market. The facility processes 120,000 gallons of manure daily from 6,000 jersey cows to produce an estimated 900,000 gallons of negative carbon-intensity RNG annually. This RNG will be used to fuel commercial fleets, helping to significantly reduce greenhouse gas emissions. Clean Energy's partnership with Dynamic Renewables and investment of $26 million in the facility showcases its commitment to decarbonizing transportation and creating sustainable solutions for the environment.
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Rhea-AI Summary
Clean Energy Fuels Corp. (CLNE) will report Q1 2024 financial results on May 9, 2024, followed by an investor conference call hosted by CEO Andrew J. Littlefair and CFO Robert M. Vreeland. Investors can participate via phone or webcast.
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2.52%
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conferences earnings
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Rhea-AI Summary
Clean Energy Fuels Corp. appoints Patrick J. Ford to its Board of Directors, bringing extensive finance and accounting experience from his tenure at KPMG LLP. Ford's expertise in the energy industry aims to guide Clean Energy's strategy and promote renewable fuels like RNG for commercial transportation.
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1.9%
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management
Rhea-AI Summary
Clean Energy Fuels Corp. announced its Q4 2023 operating results with revenue of $106.9 million, a net loss of $(18.7) million, and Adjusted EBITDA of $21.2 million. The company highlighted RNG production projects, financial strength, and a $300 million term loan. The 2024 outlook includes a projected GAAP net loss of $(111) million to $(101) million and Adjusted EBITDA of $62 million to $72 million.
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-3.95%
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Rhea-AI Summary
Clean Energy Fuels Corp. (CLNE) opens two new RNG fueling stations in Texas, expanding its network to over 600 stations. The stations cater to heavy-duty trucks and fleets, offering RNG as a carbon-negative fuel. The company invests in RNG production at dairy farms to reduce GHG emissions, aligning with carbon reduction goals embraced by many fleets. The announcement coincides with the anticipation of a new natural gas engine for heavy-duty trucks, the Cummins' X15N, which is being tested by major fleets like Walmart and FedEx Freight.
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-0.34%
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Rhea-AI Summary
Clean Energy Fuels Corp. (CLNE) completes a renewable natural gas facility in Marshall County, Iowa, producing 1.7 million gallons of low carbon-intensity RNG annually. The $42 million Marshall Ridge Dairy project converts manure into biogas, reducing harmful emissions and decarbonizing commercial transport.
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5.19%
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Rimere, a climate solutions company, secures a $10 million investment from Clean Energy Fuels Corp. to develop plasma technology devices that produce clean hydrogen and graphene, decarbonizing natural gas infrastructure. The Reformer and the Mitigator aim to reduce climate change emissions and enable the transition to a clean hydrogen future, with the Reformer achieving a negative carbon-intensity rating when using renewable natural gas as feedstock.
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-6.47%
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Rhea-AI Summary
Clean Energy Fuels Corp. (Nasdaq: CLNE) has completed the operational launch of a new renewable natural gas (RNG) production facility at Tri-Cross Dairy in South Dakota. The facility, situated on a 5,000-cow dairy farm, is expected to produce 1 million gallons annually of negative carbon-intensity RNG. The construction costs of the facility totaled $34 million and were completed in December 2023. Clean Energy anticipates a surge in demand for RNG fuel in the transportation market in 2024, and the new production facilities at Tri-Cross Dairy and other farms in the Midwest are crucial to their strategy. Financing for the project is backed by one of Clean Energy’s RNG production joint ventures and developed by Dynamic Renewables. RNG is a transportation fuel made from organic waste and significantly reduces greenhouse gas emissions.
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End-of-Day
2.82%
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Rhea-AI Summary
Clean Energy Fuels Corp. (CLNE) will release its Q4 2023 financial results on February 27, 2024, followed by an investor conference call hosted by President and CEO Andrew J. Littlefair and CFO Robert M. Vreeland. Investors can participate in the live call or access a telephone replay. A simultaneous webcast will be available on the company's website.
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Rhea-AI Sentiment
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1.94%
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conferences earnings
Rhea-AI Summary
Clean Energy Fuels Corp. (CLNE) Completes RNG Production Facility at Drumgoon Dairy in South Dakota, Expected to Supply 1.66 Million Gallons of Negative Carbon-Intensity RNG Annually
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Clean Energy Fuels Corp

Nasdaq:CLNE

CLNE Rankings

CLNE Stock Data

544.76M
219.26M
20.88%
51.05%
6.2%
Natural Gas Distribution
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Newport Beach

About CLNE

clean energy is the largest provider of natural gas fuel for transportation in north america, fueling over 35,000 vehicles each day at approximately 500 fueling stations throughout the united states and canada. with a broad customer base in a variety of markets, including trucking, airport shuttles, taxis, refuse, and public transit, we build and operate compressed natural gas (cng) and liquefied natural gas (lng) fueling stations; manufacture cng and lng equipment and technologies for ourselves and other companies; and develop renewable natural gas (rng) production facilities. for career opportunities please visit us online at http://www.cleanenergyfuels.com/careers.html