Clean Energy Fuels Corp Stock Price, News & Analysis

Clean Energy Fuels Corp. (NASDAQ:CLNE) has successfully completed the sale of $29.5 million in investment tax credits (ITC) through its joint venture with BP Products North America Inc., CE bp Renew Co, LLC. This represents the third and final ITC transaction related to the company's six operating renewable natural gas (RNG) projects.

The ITCs were generated by four dairy RNG production facilities: Ash Grove, Marshall Ridge, VF Renewables, and Tri Cross, located across Minnesota, Iowa, and South Dakota. These facilities have a combined annual production capacity of 3.9 million gallons of negative carbon-intensity RNG for transportation fleet fueling.

Clean Energy Fuels (NASDAQ:CLNE) has scheduled its second quarter 2025 financial results announcement for August 7, 2025 after market close. The company will host an investor conference call at 4:30 PM ET (1:30 PM PT).

The call will be led by CEO Andrew J. Littlefair and CFO Robert M. Vreeland. U.S. investors can join by dialing 1.833.316.2483 (Conference ID: CLEAN), while international participants should dial 1.785.838.9284. A replay will be available until September 7, 2025, and a webcast will be accessible on the company's investor relations website for 30 days.

Clean Energy Fuels Corp. (NASDAQ: CLNE) reported Q1 2025 financial results with revenue of $103.8 million, slightly up from $103.7 million in Q1 2024. The company posted a significant net loss of $(135.0) million, or $(0.60) per share, compared to $(18.4) million in Q1 2024, primarily due to non-cash charges including a $64.3 million goodwill write-down and $50.7 million in accelerated depreciation. RNG sales volume decreased 12.8% to 50.6 million gallons due to cold weather impacts. Despite challenges, Adjusted EBITDA improved to $17.1 million from $12.8 million year-over-year. The company maintained strong liquidity with $226.6 million in cash and investments, continuing its share repurchase program with $26.1 million remaining capacity.

Clean Energy Fuels (Nasdaq: CLNE) has scheduled its first quarter 2025 financial results announcement for May 8, 2025 after market close. The company will host an investor conference call at 4:30 p.m. Eastern time (1:30 p.m. Pacific time), led by President and CEO Andrew J. Littlefair and CFO Robert M. Vreeland.

U.S. investors can participate by dialing 1.800.579.2543, while international callers can use 1.785.424.1789 (Conference ID: CLEAN). A replay will be available for one month through June 8, 2025, accessible via phone and webcast on the company's Investor Relations website.

Clean Energy Fuels Corp. (CLNE) has announced the resumption of its Share Repurchase Program, with approximately $26.5 million remaining capacity from the original $50 million program initiated in March 2020. The company, holding over $200 million in cash as of December 31, 2024, aims to opportunistically repurchase shares while maintaining funding for growth initiatives.

CEO Andrew J. Littlefair highlighted the company's strong Q4 and full-year 2024 performance, expressing optimism for 2025. A key development is the delivery of trucks equipped with Cummins' new X15N natural gas engine for the heavy-duty market. The company views its stock as undervalued despite market uncertainties around environmental commodity prices and policy.

Repurchases may be executed through various methods including open market purchases and privately negotiated transactions, subject to market conditions and securities laws. JP Morgan Securities will manage open market repurchases under the program, which has no expiration date but can be suspended at any time.

Clean Energy Fuels Corp. (NASDAQ: CLNE) reported Q4 2024 financial results with revenue of $109.3 million, up from $106.9 million in Q4 2023. The company recorded a net loss of $(30.2) million, or $(0.13) per share, compared to $(18.7) million in Q4 2023.

Key highlights include:

• RNG gallons sold increased 8.8% to 62.0 million in Q4 2024
• Adjusted EBITDA rose to $23.6 million from $21.2 million in Q4 2023
• Cash and investments totaled $217.5 million as of December 31, 2024

For 2025, Clean Energy projects a GAAP net loss of $(160) million to $(155) million, including approximately $55 million in accelerated depreciation from potential LNG station asset abandonment. Adjusted EBITDA is expected between $50-55 million, excluding the expired AFTC that contributed $24 million in 2024 revenue.

Clean Energy Fuels Corp. (CLNE) has scheduled its fourth quarter 2024 financial results release for February 24, 2025, after market close. The company will host an investor conference call at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) on the same day.

CEO Andrew J. Littlefair and CFO Robert M. Vreeland will lead the call. U.S. investors can participate by dialing 1.800.225.9448, while international callers can use 1.203.518.9708 (Conference ID: CLEAN). A replay will be available until March 24, 2025, accessible via 1.844.512.2921 (U.S.) or 1.412.317.6671 (international) with Pin Number 11158183. A live webcast will be available on the company's Investor Relations website, with a 30-day replay option.

Clean Energy (NASDAQ: CLNE) has won a contract to design and build a new hydrogen fueling station for Riverside Transit Agency (RTA) in California. The project includes hydrogen supply and maintenance services for the private access station in Riverside. RTA plans to start with five fuel cell buses and expand to over 100 hydrogen-powered buses in the next decade.

The initiative supports RTA's transition to a zero-emission fleet, particularly suitable for their long passenger routes. RTA recently received a $5.1 million grant from the U.S. Department of Transportation for purchasing five hydrogen fuel cell electric buses, marking the beginning of their fleet transition planned for 2026. This is Clean Energy's second hydrogen station project, following the successful completion of Foothill Transit Agency's station in Pomona, CA, in June 2023.

Clean Energy Fuels Corp. (NASDAQ: CLNE) has announced multiple new renewable natural gas (RNG) deals across various sectors. Key agreements include:

- DHL: 100,000 gallons annually for 3 years in CA, TX, and AZ
- Food Express: New RNG station build and 3 million gallons over 10 years
- LA Metro: Extension for 14 million gallons across 5 stations
- NICE Transit: 16.5 million gallons over 5 years for 278 buses
- Multiple other contracts with logistics companies, waste management firms, and transit agencies

The company reports strong RNG sales growth across heavy-duty truck, transit, and refuse markets, demonstrating increasing adoption of RNG as a clean fuel alternative.