Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets, primarily in the United States and Canada.
Excellent balance sheet and slightly overvalued.
Share Price & News
How has Clean Energy Fuels's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CLNE's share price has been volatile over the past 3 months.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: CLNE exceeded the US Oil and Gas industry which returned -41.5% over the past year.
Return vs Market: CLNE matched the US Market which returned 6% over the past year.
Price Volatility Vs. Market
How volatile is Clean Energy Fuels's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StEarnings Beat: Clean Energy Fuels Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
2 months ago | Simply Wall StWe're Not Counting On Clean Energy Fuels (NASDAQ:CLNE) To Sustain Its Statutory Profitability
2 months ago | Simply Wall StWe Think Clean Energy Fuels (NASDAQ:CLNE) Can Stay On Top Of Its Debt
Is Clean Energy Fuels undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CLNE ($2.86) is trading below our estimate of fair value ($6.38)
Significantly Below Fair Value: CLNE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CLNE is poor value based on its PE Ratio (17.7x) compared to the Oil and Gas industry average (8.3x).
PE vs Market: CLNE is poor value based on its PE Ratio (17.7x) compared to the US market (16.1x).
Price to Earnings Growth Ratio
PEG Ratio: CLNE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CLNE is overvalued based on its PB Ratio (1.1x) compared to the US Oil and Gas industry average (0.7x).
How is Clean Energy Fuels forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CLNE's earnings are forecast to decline over the next 3 years (-37.2% per year).
Earnings vs Market: CLNE's earnings are forecast to decline over the next 3 years (-37.2% per year).
High Growth Earnings: CLNE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CLNE's revenue (3.5% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: CLNE's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CLNE's Return on Equity is forecast to be high in 3 years time
How has Clean Energy Fuels performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLNE has a large one-off gain of $7.5M impacting its March 31 2020 financial results.
Growing Profit Margin: CLNE became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CLNE has become profitable over the past 5 years, growing earnings by 31.8% per year.
Accelerating Growth: CLNE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CLNE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-17.5%).
Return on Equity
High ROE: CLNE's Return on Equity (5%) is considered low.
How is Clean Energy Fuels's financial position?
Financial Position Analysis
Short Term Liabilities: CLNE's short term assets ($284.2M) exceed its short term liabilities ($156.0M).
Long Term Liabilities: CLNE's short term assets ($284.2M) exceed its long term liabilities ($69.5M).
Debt to Equity History and Analysis
Debt Level: CLNE's debt to equity ratio (16.2%) is considered satisfactory.
Reducing Debt: CLNE's debt to equity ratio has reduced from 134.6% to 16.2% over the past 5 years.
Debt Coverage: CLNE's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: CLNE's interest payments on its debt are well covered by EBIT (4.2x coverage).
What is Clean Energy Fuels's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CLNE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CLNE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CLNE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CLNE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CLNE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andrew Littlefair (59yo)
Mr. Andrew J. Littlefair is a Co-Founder of Clean Energy Fuels Corp. and has been its Chief Executive Officer and President since June 2001. Mr. Littlefair served as Vice President of Public Affairs at Mes ...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD1.64M) is about average for companies of similar size in the US market ($USD2.13M).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||5.67yrs||US$770.57k||0.14% $796.6k|
|COO & Corporate Secretary||9.58yrs||US$896.40k||0.33% $1.9m|
|Senior Vice President of Strategic Development||12.83yrs||US$839.57k||0.26% $1.5m|
|Vice President of Administration||no data||no data||no data|
|Senior VP of Corporate Transactions & Chief Legal Officer||no data||no data||no data|
|Senior Vice President of Corporate Communications||no data||no data||no data|
|Senior Advisor to Chief Executive Officer||5.5yrs||US$2.70m||no data|
|Vice President of Business Development - Solid Waste||no data||no data||no data|
|Vice President of Renewable Fuels||no data||no data||no data|
Experienced Management: CLNE's management team is seasoned and experienced (9.6 years average tenure).
|Independent Director||17.5yrs||US$114.40k||0.094% $542.7k|
|Independent Director||14.17yrs||US$124.40k||0.065% $374.7k|
|Independent Director||14.67yrs||US$116.90k||0.20% $1.2m|
|Independent Director||0.58yr||US$15.00k||0.0050% $28.6k|
|Independent Chairman||2.5yrs||US$176.90k||0.099% $569.5k|
|Independent Director||12.25yrs||US$116.90k||0.14% $820.9k|
|Independent Director||0.083yr||no data||no data|
|Director||1.83yrs||no data||no data|
|Director||0.42yr||no data||no data|
Experienced Board: CLNE's board of directors are considered experienced (7.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Clean Energy Fuels Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Clean Energy Fuels Corp.
- Ticker: CLNE
- Exchange: NasdaqGS
- Founded: 2001
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Market Cap: US$574.648m
- Shares outstanding: 200.93m
- Website: https://www.cleanenergyfuels.com
Number of Employees
- Clean Energy Fuels Corp.
- 4675 MacArthur Court
- Suite 800
- Newport Beach
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CLNE||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||May 2007|
|WIQ||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||May 2007|
|0I04||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||May 2007|
Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets, primarily in the United States and Canada. The company supplies renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for light, medium, and heavy-duty vehicles; and offers operation and maintenance services for public and private vehicle fleet customer stations. It also designs, builds, operates, and maintains fueling stations; sells and services natural gas fueling compressors and other equipment that are used in CNG and LNG stations; and provides assessment, design, and modification solutions to offer operators with code-compliant service and maintenance facilities for natural gas vehicle fleets. In addition, the company transports and sells CNG and LNG through virtual natural gas pipelines and interconnects; procures and sells RNG; sells tradable credits, such as RNG and conventional natural gas as a vehicle fuel comprising Renewable Identification Numbers and Low Carbon Fuel Standards credits; enables its customers to acquire and finance natural gas vehicles; and obtains federal, state and local credits, grants, and incentives. It serves heavy-duty trucking, airports, refuse, public transit, industrial, and institutional energy users, as well as government fleets. As of December 31, 2019, the company served approximately 1,000 fleet customers operating approximately 48,000 natural gas vehicles; and owned, operated, or supplied approximately 550 natural gas fueling stations in 41 states in the United States and four provinces in Canada. Clean Energy Fuels Corp. was incorporated in 2001 and is headquartered in Newport Beach, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/08 23:55|
|End of Day Share Price||2020/07/08 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.