Clean Energy Fuels Corp. (CLNE, Financial) recently experienced a significant stock price decline of 5.18%, reaching $2.84 per share. The trading volume was approximately 951,386 shares, with a turnover rate of 0.43% and a price amplitude of 5.02%.
The company's latest financial report revealed an operating revenue of $97.89 million, but a net loss of $16.29 million, resulting in an earnings per share (EPS) of -$0.07. The gross profit was $22.69 million, with a price-to-earnings (P/E) ratio of -8.03.
Among nine financial institutions analyzing the stock, 89% recommend buying CLNE, while 11% suggest holding, with no analysts recommending a sell. In the oil and gas refining and marketing industry, where CLNE operates, the overall sector saw a decline of 0.43%.
Other notable stocks in the sector include World Kinect Corporation and Aemetis, Inc., which showed significant gains, while Aemetis, Inc., Delek US Holdings, Inc., and PBF Energy Inc. were highly active, with turnover rates of 0.77%, 0.70%, and 0.60%, respectively. Aemetis, Inc., CLNE, and Icahn Enterprises exhibited substantial price fluctuations of 6.67%, 5.52%, and 4.05% respectively.
Clean Energy Fuels Corp. is a key player in the natural gas marketing and retail industry across the United States and Canada. It offers compressed natural gas, liquefied natural gas, and renewable natural gas as alternative vehicle fuels. The bulk of its revenue is generated in the U.S., primarily from compressed natural gas sales. By purchasing gas from local utilities, the company processes and sells the product through stations it owns or operates for clients, focusing on heavy-duty trucking, airports, public transit, and government fleets.
