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Stock impact report

Why Is Q3 Earnings Beat Not Enough to Buy Clean Energy Stock? [Yahoo! Finance]

Clean Energy Fuels Corp. (CLNE) 
Last clean energy fuels corp. earnings: 11/12 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.cleanenergyfuels.com
Company Research Source: Yahoo! Finance
With its market-leading renewable natural gas (“RNG”) exposure and aggressive capacity expansion plans, CLNE could deliver compelling results in the foreseeable future, but investors should consider a few issues, including valuation concerns, before buying. Clean Energy Fuels is focused on providing RNG and regular natural gas options like compressed and liquefied natural gas. With more than 600 fueling stations across the United States and Canada, it primarily supports heavy-duty trucks and other large vehicles. The company is dedicated to increasing its RNG production, aiming to play a big role in helping the transportation industry switch to cleaner energy. Image Source: Clean Energy Fuels Corp. CLNE's third-quarter results show signs of improvement. During this period, the company sold 59.6 million gallons of RNG, up from 56.7 million in the same quarter last year. Despite a net loss, the company posted a positive non-GAAP EPS and an adjusted EBITDA of $21.3 million, up from Show less Read more
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