NasdaqGS:CLNE

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Executive Summary

Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets, primarily in the United States and Canada.


Snowflake Analysis

Flawless balance sheet and slightly overvalued.


Similar Companies

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.


Market Performance


7 Day Return

20.3%

CLNE

3.1%

US Oil and Gas

1.9%

US Market


1 Year Return

39.6%

CLNE

-43.0%

US Oil and Gas

16.4%

US Market

Return vs Industry: CLNE exceeded the US Oil and Gas industry which returned -34.7% over the past year.

Return vs Market: CLNE exceeded the US Market which returned 16.3% over the past year.


Shareholder returns

CLNEIndustryMarket
7 Day20.3%3.1%1.9%
30 Day8.8%-9.8%4.5%
90 Day43.0%-5.0%17.6%
1 Year39.6%39.6%-40.8%-43.0%18.9%16.4%
3 Year26.0%26.0%-31.1%-38.5%44.1%34.8%
5 Year-37.3%-37.3%-33.4%-44.1%75.3%56.3%

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

Valuation

Is Clean Energy Fuels undervalued compared to its fair value and its price relative to the market?

24.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CLNE ($2.96) is trading below our estimate of fair value ($3.92)

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 (19x) compared to the US Oil and Gas industry average (9.9x).

PE vs Market: CLNE's PE Ratio (19x) is in line with the US market.


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).


Next Steps

Future Growth

How is Clean Energy Fuels forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

-17.4%

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 (-17.4% per year).

Earnings vs Market: CLNE's earnings are forecast to decline over the next 3 years (-17.4% per year).

High Growth Earnings: CLNE's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CLNE's revenue (6.3% per year) is forecast to grow slower than the US market (9.4% per year).

High Growth Revenue: CLNE's revenue (6.3% 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


Next Steps

Past Performance

How has Clean Energy Fuels performed over the past 5 years?

36.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CLNE has a large one-off gain of $8.5M impacting its June 30 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 36.2% 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 (-42.2%).


Return on Equity

High ROE: CLNE's Return on Equity (5.1%) is considered low.


Next Steps

Financial Health

How is Clean Energy Fuels's financial position?


Financial Position Analysis

Short Term Liabilities: CLNE's short term assets ($205.4M) exceed its short term liabilities ($79.2M).

Long Term Liabilities: CLNE's short term assets ($205.4M) exceed its long term liabilities ($62.5M).


Debt to Equity History and Analysis

Debt Level: CLNE's debt to equity ratio (6.9%) is considered satisfactory.

Reducing Debt: CLNE's debt to equity ratio has reduced from 143.6% to 6.9% over the past 5 years.

Debt Coverage: CLNE's debt is well covered by operating cash flow (145.7%).

Interest Coverage: CLNE's interest payments on its debt are well covered by EBIT (3.7x coverage).


Balance Sheet


Next Steps

Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.7yrs

Average management tenure


CEO

Andrew Littlefair (59 yo)

19.17yrs

Tenure

US$1,644,993

Compensation

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 ($USD1.64M) is about average for companies of similar size in the US market ($USD2.03M).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Andrew Littlefair
Co-Founder19.17yrsUS$1.64m0.74%
$ 4.3m
Robert Vreeland
Chief Financial Officer5.75yrsUS$770.57k0.14%
$ 821.0k
Mitchell Pratt
COO & Corporate Secretary9.67yrsUS$896.40k0.33%
$ 2.0m
Barclay Corbus
Senior Vice President of Strategic Development12.92yrsUS$839.57k0.26%
$ 1.5m
Barbara Johnson
Vice President of Administrationno datano datano data
J. Jensen
Senior VP of Corporate Transactions & Chief Legal Officerno datano datano data
Gary Foster
Senior Vice President of Corporate Communicationsno datano datano data
James Harger
Senior Advisor to Chief Executive Officer5.58yrsUS$2.70mno data
Raymond Burke
Vice President of Business Development - Solid Wasteno datano datano data
Harrison Clay
Vice President of Renewable Fuelsno datano datano data

9.7yrs

Average Tenure

59yo

Average Age

Experienced Management: CLNE's management team is seasoned and experienced (9.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Andrew Littlefair
Co-Founder19.17yrsUS$1.64m0.74%
$ 4.3m
Kenneth Socha
Independent Director17.58yrsUS$114.40k0.095%
$ 559.4k
James Miller
Independent Director14.25yrsUS$124.40k0.066%
$ 386.2k
John Herrington
Independent Director14.75yrsUS$116.90k0.20%
$ 1.2m
Lizabeth Ardisana
Independent Director0.67yrUS$15.00k0.0050%
$ 29.5k
Stephen Scully
Independent Chairman2.58yrsUS$176.90k0.10%
$ 587.0k
Vincent Taormina
Independent Director12.33yrsUS$116.90k0.14%
$ 846.1k
Parker Weil
Independent Director0.17yrno datano data
Philippe Montantême
Director1.92yrsno datano data
Philippe Charleux
Director0.50yrno datano data

7.5yrs

Average Tenure

62yo

Average Age

Experienced Board: CLNE's board of directors are considered experienced (7.5 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Clean Energy Fuels Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Clean Energy Fuels Corp.
  • Ticker: CLNE
  • Exchange: NasdaqGS
  • Founded: 2001
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Market Cap: US$588.125m
  • Shares outstanding: 198.69m
  • Website: https://www.cleanenergyfuels.com

Number of Employees


Location

  • Clean Energy Fuels Corp.
  • 4675 MacArthur Court
  • Suite 800
  • Newport Beach
  • California
  • 92660
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CLNENasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDMay 2007
WIQDB (Deutsche Boerse AG)YesCommon StockDEEURMay 2007
0I04LSE (London Stock Exchange)YesCommon StockGBUSDMay 2007

Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/10 01:18
End of Day Share Price2020/08/07 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.