CLNE Stock Recent News

With the price of oil creeping over $80 a barrel, investors thinking about investing in energy stocks are looking at the oil and gas sectors. This comes after a year in which all energy stocks were weighed down by high interest rates and concerns about a recession that never materialized.

Clean Energy Fuels Corp. (CLNE) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for Clean Energy Fuels (CLNE) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Clean Energy Fuels (CLNE) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.01 per share a year ago.

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Clean Energy Fuels Corp. (Nasdaq: CLNE) announced today it will release financial results for the fourth quarter of 2023 on February 27, 2024 after market close, followed by an investor conference call at 4:30 p.m. Eastern time (1:30 p.m. Pacific time). President and Chief Executive Officer of Clean Energy Andrew J. Littlefair and Chief Financial Officer Robert M. Vreeland will host the call. Investors interested in participating in the live call can dial.

Clean Energy Fuels (CLNE) completes a new RNG production facility in South Dakota, which is in sync with CLNE's goal to decarbonize transportation through the development of RNG.

Clean Energy Fuels is a leader in RNG. The company has struggled to create value for shareholders.

Clean Energy Fuels announced a financing facility of up to $400 million with alternative investment firm Stonepeak. The agreement gives Clean Energy significant flexibility to capitalize on RNG development opportunities.

Clean Energy Fuels is investing heavily in renewable natural gas (RNG). The company believes that demand for RNG will increase dramatically when a new natural gas engine for trucks comes to market in 2024.

Clean Energy Fuels Corp. (NASDAQ:CLNE ) Q4 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Robert Vreeland - Chief Financial Officer Andrew Littlefair - President and Chief Executive Officer Conference Call Participants Eric Stine - Craig Hallum Rob Brown - Lake Street Capital Derrick Whitfield - Stifel Paul Cheng - Scotiabank Matthew Blair - TPH Pavel Molchanov - Raymond James Manav Gupta - UBS Ivy Sinha - Northland Capital Jason Gabelman - TD Cowen Operator Good afternoon, ladies and gentlemen, and welcome to the Clean Energy Fuels Third Quarter 2023 Earnings Conference Call. At this time, all lines are in listen-only mode and following the presentation, we will conduct a question-and-answer session.