Welcome to our dedicated page for Clean Energy Fuels news (Ticker: CLNE), a resource for investors and traders seeking the latest updates and insights on Clean Energy Fuels stock.
Clean Energy Fuels Corp. (NASDAQ: CLNE) features frequent news related to renewable natural gas (RNG), natural gas distribution, and low-carbon transportation fuels. Company press releases highlight its role as the country’s largest provider of the cleanest fuel for the transportation market and its mission to decarbonize transportation through RNG derived from organic waste.
News coverage for CLNE often focuses on new RNG production projects at dairy farms, joint developments with partners such as Maas Energy Works, and milestones like bringing large RNG facilities online and injecting pipeline-quality RNG into interstate natural gas systems. These updates typically include regulatory approvals to generate Renewable Identification Numbers (RINs) and expectations for Low Carbon Fuel Standard (LCFS) credits.
Investors and industry followers will also find announcements about new fuel supply agreements with trucking fleets, transit agencies, municipalities, and industrial customers. Recent releases describe RNG fueling contracts with cross-sector fleets, expansion of bulk LNG supply to space and energy companies, and long-term RNG commitments with refuse and recycling operators. Clean Energy’s news further covers contracts to design, build, and maintain hydrogen fueling stations for transit agencies, reflecting its participation in hydrogen infrastructure for fuel cell bus fleets.
Quarterly earnings releases and related 8-K filings provide details on revenue composition, RNG gallons sold, environmental credit revenue, station construction sales, and O&M service volumes. Additional updates may include board changes involving representatives of significant shareholders and commentary from management on RNG demand and project development. For a consolidated view of these developments, the CLNE news page offers an organized stream of company-issued information that helps readers follow operational, financial, and project-level progress over time.
Clean Energy Fuels Corp. (CLNE) plans to release its second quarter 2022 financial results on August 4, 2022, after market close. A conference call will follow at 4:30 p.m. ET, hosted by CEO Andrew J. Littlefair and CFO Robert M. Vreeland. Investors can participate via phone or webcast, with replays available for a limited time. Clean Energy focuses on providing renewable natural gas (RNG) to reduce greenhouse gas emissions.
Clean Energy Fuels Corp. (NASDAQ: CLNE) reported its Q1 2022 results, revealing an 8.2% revenue increase to $83.5 million, driven by a 3.7% rise in gallons delivered. The company maintained cash and investments at $229 million. However, it faced a net loss of $(24.2) million, impacted by Amazon warrant charges and rising operational expenses. Adjusted EBITDA fell to $3.3 million from $11.6 million year-over-year. The company anticipates a GAAP net loss of $57 to $65 million for 2022, including estimated Amazon warrant charges of $34 to $44 million, while projecting Adjusted EBITDA between $60 to $65 million.
Clean Energy Fuels Corp (CLNE) announced its expansion in renewable natural gas (RNG) offerings through new contracts and infrastructure projects. Key developments include a renewed maintenance agreement with LA County Metro for six stations, expected to supply 137 million gallons of RNG for 1,417 buses. Other contracts involve RNG fueling for fleets from Estes Express Lines and various transit authorities across California and other states. The company is investing in RNG production, partnering with TotalEnergies and bp for dairy methane conversion projects, anticipated to yield millions of gallons annually.
Clean Energy Fuels Corp. (CLNE) announced it will release its financial results for Q1 2022 on May 5, 2022, after market close, followed by an investor conference call at 4:30 p.m. ET. CEO Andrew J. Littlefair and CFO Robert M. Vreeland will lead the call. Investors can join the live call by dialing 1.888.321.0431 (U.S.) or 1.412.902.4121 (international). A webcast of the call will also be available on the company’s website, with a replay option for 30 days. Clean Energy Fuels focuses on decarbonizing transportation through renewable natural gas.
Clean Energy Fuels Corp. (NASDAQ: CLNE) reported a 22.6% increase in fourth-quarter revenue for 2021, reaching $91.9 million compared to $75.0 million in Q4 2020. The company delivered 104.6 million gallons of fuel, a 9% increase year-over-year. Renewable natural gas (RNG) deliveries grew by 9%, totaling 44.9 million gallons. For the year, total revenue decreased by 12.4% to $255.6 million, impacted by Amazon warrant charges. The company anticipates a GAAP net loss of approximately $57 million for 2022, including estimated Amazon warrant charges of $44 million.
Clean Energy Fuels Corp. (NASDAQ: CLNE) has partnered with Union Energy Solutions to provide compressed natural gas (CNG) for UPS's delivery vehicles in Canada. The agreement focuses on fueling 25 converted vans at a London, Ontario station, supplying approximately 2 million litres of CNG over multiple years. This initiative aims to reduce greenhouse gas emissions by 700 metric tons, equivalent to planting over 11,000 trees. The partnership underscores Clean Energy's commitment to sustainable fuel development and its role in transitioning towards a lower-carbon future in the transportation sector.
Clean Energy Fuels Corp. (NASDAQ:CLNE) will release its fourth-quarter 2021 financial results on February 24, 2022, after market close. An investor conference call hosted by CEO Andrew J. Littlefair and CFO Robert M. Vreeland will follow at 4:30 p.m. Eastern Time. Interested investors can join via a U.S. number or internationally, with a replay available until March 24, 2022. The company aims to decarbonize transportation by providing renewable natural gas, operating a network of fueling stations across the U.S. and Canada.
Clean Energy Fuels Corp (NASDAQ: CLNE) is expanding its renewable natural gas (RNG) business through a new partnership with Millenkamp Dairy in Jerome, Idaho. This agreement involves constructing a methane capture digester expected to produce five million gallons of low carbon-intensity RNG annually. The initiative aligns with Clean Energy's goal to decarbonize transportation, with a focus on sustainable fuel solutions. The company intends to discuss its RNG growth strategies during its upcoming webcast, highlighting financial overviews and future opportunities for RNG production.
Clean Energy Fuels Corp (NASDAQ: CLNE) announced a webcast on January 26, 2022, from 10:00 AM to 12:00 PM EST, led by CEO Andrew Littlefair and CFO Robert Vreeland. The event will present the company’s strategic vision for renewable natural gas (RNG) and discuss its growing demand from fleet customers in North America. The webcast aims to provide insights into the company's operations and future financial outlook. Interested parties can register for the event via the provided link.
Clean Energy Fuels Corp. (NASDAQ: CLNE) has appointed Lorraine Paskett, former vice president of AES Corporation, to its Board of Directors. Paskett brings over 25 years of experience in the energy sector, focusing on climate change and renewable energy. Her expertise in transitioning from fossil fuels to renewable energy is expected to enhance the company’s strategic direction. Paskett's previous roles include leading initiatives at the Los Angeles Department of Water and Power. The appointment is seen as a step forward in Clean Energy's commitment to reducing carbon emissions.
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