Clean Energy Fuels Corp.

Last price update: 24 Apr 24 23:00 GMT

Price:
$2.29
Open:
$2.31
Previous close:
$2.31
Day's range:
$2.21 - $2.33
Year's range:
$2.17 - $5.25
Net Income per Share:
-0.45
Price-to-Earnings ratio:
-5.09
52-week Price Range:
$2.65
Volume:
$1,268,228.00
Average volume:
$1,682,696.00

Company profile for Clean Energy Fuels Corp.

Clean Energy Fuels Corp. logo

Clean Energy Fuels Corp. (CEFC) is a natural gas solutions provider that is committed to helping customers access and utilize sustainable and lower-carbon alternative fuels. The company has gained recognition as a leading provider of natural gas as an alternative fuel for vehicle fleets in the United States and Canada. CEFC has developed and is now operating fueling solutions that include the supply of renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for medium and heavy-duty vehicles. In addition, CEFC offers operation and maintenance services for public and private vehicle fleet customer stations.

CEFC designs, builds, operates, and maintains fueling stations, and it transports and sells CNG, RNG, and LNG via virtual natural gas pipelines and interconnects. The company also sells U.S. federal, state, and local government credits, such as RNG as a vehicle fuel, including Renewable Identification Numbers and Low Carbon Fuel Standards credits, and it obtains federal, state, and local credits, grants, and incentives. Furthermore, CEFC is developing, owning, and operating dairy and other livestock waste RNG projects.

CEFC services clients across various sectors, including heavy-duty trucking, airports, refuse, public transit, industrial, and institutional energy users, and government fleets. As of December 31, 2021, the company had served approximately 1,000 fleet customers operating approximately 48,000 vehicles, and owned, operated or supplied approximately 548 fueling stations in 42 states in the United States and 25 fueling stations in Canada.

CEFC was founded in 2001 by co-founder and current CEO Andrew Littlefair and is headquartered in Newport Beach, California. Since its launch, CEFC has grown to become a prominent provider of natural gas solutions for vehicle fleets, and it is continuing to develop innovative solutions for customers. For example, in 2018, CEFC launched its mobile fueling technology, MobileCH4™, which allows fuel fleets to receive remote fueling services at their locations, instead of having to send their fleets to fueling stations. CEFC is also committed to reducing harmful vehicle emissions, and in 2020, the company announced that the use of its Redeem™ RNG product avoided the emission of 1.3 million metric tons of carbon dioxide equivalent (CO2e).

Stock exchanges:
NASDAQ
Sector:
Energy
Industries:
Oil & Gas Refining & Marketing
Ticker:
CLNE
CIK:
1368265
ISIN:
US1844991018
Website:
https://www.cleanenergyfuels.com
Phone:
949 437 1000
Origin:
United States
Employees:
482