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CLNE

Clean Energy Fuels Corp.

CLNE

NASDAQ·Energy·Oil & Gas Refining & Marketing·Mkt cap $455.9M

$2.05

-0.97%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$1.66 - $3.11

P/E

-4.49

Fwd P/E

-47.55

Beta

1.83

Div Yield

0.00%

Avg Vol

1.4M

Shares Out

219.4M

Mkt Cap

$455.9M

Price action

Price chart

Down 1.0% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

6 reasons

  • Largest alternative fuel network with 573 fueling stations across North America
  • Integrated business model combining fuel supply, infrastructure, and environmental credits
  • Established relationships with 1,000+ fleet customers across diverse sectors
  • Renewable natural gas production capabilities converting waste to valuable fuel and credits
  • Access to federal, state, and local incentives and grant programs
  • Virtual pipeline infrastructure enabling efficient fuel distribution

Bear Case

1 risk

  • Above-average volatility (beta 1.8).

Growth

Stable outlook

Positive revenue trend

Value

Deep value opportunity - significant discount to Refining & Marketing peers

Momentum

Weak

-16.9% over 3m

Quality

Thin

Solid business

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: May 6, 2026

Q2 26 RECAP

MAY 7, 2026

Reported EPS of -$0.01 vs -$0.02 consensus (+50.0% surprise). Revenue of $117.6M vs $102.6M expected (+14.6%). Beat on both top and bottom lines.

EPS beat +50.0%
Rev beat +14.6%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+50.0%

Next: May 6, 2026

Revenue trend · last 8Q

+2%

+0%

+5%

+2%

+3%

+13%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$98.0M

$104.9M

$109.3M

$103.8M

$102.6M

$106.5M

$112.3M

$116.9M

Margins · last 8Q

Gross

Operating

Profit

-10.6%

Wall Street consensus

Analyst coverage

Live ratings and price targets aggregated across covering analysts.

No analyst coverage on file for this stock yet.

vs Industry

How CLNE stacks vs Oil & Gas Refining & Marketing

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.