NasdaqGS:CLNE

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Flawless balance sheet with reasonable growth potential.

Risks

  • Clean Energy Fuels has significant price volatility in the past 3 months.

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


Market Performance


7 Day Return

1.0%

NasdaqGS:CLNE

2.1%

US Oil and Gas

2.1%

US Market


1 Year Return

-29.5%

NasdaqGS:CLNE

-23.1%

US Oil and Gas

-0.04%

US Market

CLNE underperformed the Oil and Gas industry which returned -22.7% over the past year.

CLNE underperformed the Market in United States of America which returned 0.2% over the past year.


Share holder returns

CLNEIndustryMarket
7 Day1.0%2.1%2.1%
30 Day-25.4%-8.8%-3.2%
90 Day-29.0%-7.5%2.8%
1 Year-29.5%-29.5%-20.3%-23.1%2.2%-0.04%
3 Year-53.4%-53.4%-6.6%-15.0%41.5%32.3%
5 Year-79.6%-79.6%-33.6%-42.6%55.0%37.8%

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 based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Clean Energy Fuels's share price is below the future cash flow value, and at a moderate discount (> 20%).

Clean Energy Fuels's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Clean Energy Fuels is loss making, we can't compare its value to the US Oil and Gas industry average.

Clean Energy Fuels is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Clean Energy Fuels, we can't assess if its growth is good value.


Price Based on Value of Assets

Clean Energy Fuels is good value based on assets compared to the US Oil and Gas industry average.


Next Steps

Future Growth

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

117.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Clean Energy Fuels's revenue is expected to grow by 8.4% yearly, however this is not considered high growth (20% yearly).

Clean Energy Fuels's earnings are expected to grow significantly at over 20% yearly.

Clean Energy Fuels's revenue growth is expected to exceed the United States of America market average.

Clean Energy Fuels's earnings growth is expected to exceed the United States of America market average.

Clean Energy Fuels's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Clean Energy Fuels will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

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

22.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Clean Energy Fuels does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Clean Energy Fuels's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Clean Energy Fuels's 1-year growth to the US Oil and Gas industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Clean Energy Fuels has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Clean Energy Fuels has efficiently used its assets last year compared to the US Oil and Gas industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Clean Energy Fuels improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Clean Energy Fuels's financial position?


Financial Position Analysis

Clean Energy Fuels is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Clean Energy Fuels's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Clean Energy Fuels's level of debt (15.8%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (134% vs 15.8% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.8x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Whilst loss making Clean Energy Fuels has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Clean Energy Fuels has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -16.5% per year.


Next Steps

Dividend

What is Clean Energy Fuels's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Clean Energy Fuels's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Clean Energy Fuels's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Clean Energy Fuels has not reported any payouts.

Unable to verify if Clean Energy Fuels's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Clean Energy Fuels has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Clean Energy Fuels's salary, the management and board of directors tenure and is there insider trading?

8.7yrs

Average management tenure


CEO

Andrew Littlefair (58yo)

18.2yrs

Tenure

US$1,961,382

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

Andrew's remuneration is about average for companies of similar size in United States of America.

Andrew's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

8.7yrs

Average Tenure

58yo

Average Age

The average tenure for the Clean Energy Fuels management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

12.3yrs

Average Tenure

66.5yo

Average Age

The average tenure for the Clean Energy Fuels board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Clay Corbus (52yo)

    Senior Vice President of Strategic Development

    • Tenure: 11.9yrs
    • Compensation: US$977.31k
  • Andrew Littlefair (58yo)

    Co-Founder

    • Tenure: 18.2yrs
    • Compensation: US$1.96m
  • Mitchell Pratt (60yo)

    COO & Corporate Secretary

    • Tenure: 8.7yrs
    • Compensation: US$1.04m
  • Jim Harger (60yo)

    Senior Advisor to Chief Executive Officer

    • Tenure: 4.6yrs
    • Compensation: US$2.70m
  • Raymond Burke

    Vice President of Business Development - Solid Waste

    • Tenure: 0.0yrs
  • Gary Foster

    Senior Vice President of Corporate Communications

    • Tenure: 0.0yrs
  • Nate Jensen

    Senor VP of Corporate Transactions & Chief Legal Officer

    • Tenure: 0.0yrs
  • Bob Vreeland (57yo)

    Chief Financial Officer

    • Tenure: 4.8yrs
    • Compensation: US$871.28k
  • Harrison Clay

    Vice President of Renewable Fuels

    • Tenure: 0.0yrs
  • Barbara Johnson

    Vice President of Administration

    • Tenure: 0.0yrs

Board Members

  • Warren Mitchell (81yo)

    Director

    • Tenure: 14.3yrs
    • Compensation: US$136.30k
  • Jim O'Connor (70yo)

    Independent Director

    • Tenure: 7.9yrs
    • Compensation: US$136.30k
  • Kenneth Socha (72yo)

    Independent Director

    • Tenure: 16.6yrs
    • Compensation: US$136.30k
  • James Miller (76yo)

    Independent Director

    • Tenure: 13.3yrs
    • Compensation: US$146.30k
  • Andrew Littlefair (58yo)

    Co-Founder

    • Tenure: 18.2yrs
    • Compensation: US$1.96m
  • John Herrington (79yo)

    Independent Director

    • Tenure: 13.8yrs
    • Compensation: US$138.80k
  • Momar Nguer (63yo)

    Director

    • Tenure: 0.9yrs
  • Steve Scully (59yo)

    Chairman

    • Tenure: 1.6yrs
    • Compensation: US$198.80k
  • Vincent Taormina (63yo)

    Independent Director

    • Tenure: 11.3yrs
    • Compensation: US$138.80k
  • Philippe Montantême (58yo)

    Director

    • Tenure: 0.9yrs

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$415.561m
  • Shares outstanding: 204.71m
  • 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 in the United States and Canada. The company supplies renewable natural gas (RNG), compressed natural gas (CNG), and  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/23 00:01
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.