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Last $7.05 USD
Change Today -0.115 / -1.61%
Volume 2.0M
CLNE On Other Exchanges
Symbol
Exchange
CLNE is not on other exchanges.
As of 8:10 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

clean energy fuels corp (CLNE) Snapshot

Open
$7.16
Previous Close
$7.17
Day High
$7.16
Day Low
$6.91
52 Week High
07/1/14 - $11.79
52 Week Low
01/30/15 - $3.99
Market Cap
637.2M
Average Volume 10 Days
2.1M
EPS TTM
$-1.05
Shares Outstanding
90.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CLEAN ENERGY FUELS CORP (CLNE)

clean energy fuels corp (CLNE) Related Businessweek News

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clean energy fuels corp (CLNE) Details

Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets in the United States and Canada. It designs, builds, operates, and maintains fueling stations; and supplies compressed natural gas (CNG) fuel for light, medium, and heavy-duty vehicles, as well as liquefied natural gas (LNG) fuel for medium and heavy-duty vehicles. The company also manufactures, sells, and services non-lubricated natural gas fueling compressors and other equipment used in CNG stations and LNG stations; provides operation and maintenance services; transports and sells CNG to industrial and institutional energy users; and processes and sells renewable natural gas, which is used as vehicle fuel or for renewable power generation. In addition, it helps its customers in acquiring and financing natural gas vehicles, as well as obtaining local, state, and federal grants and incentives. The company serves fleet vehicle operators in various markets, including heavy-duty trucks, airports, taxis, refuse hauling, fleet services, ready mix, and public transit. As of December 31, 2014, it served approximately 943 fleet customers operating approximately 40,814 natural gas vehicles; and owned, operated, or supplied approximately 545 natural gas fueling stations. The company was incorporated in 2001 and is headquartered in Newport Beach, California.

1,128 Employees
Last Reported Date: 02/26/15
Founded in 2001

clean energy fuels corp (CLNE) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: $778.7K
Chief Financial Officer
Total Annual Compensation: $248.2K
Chief Operating Officer and Corporate Secreta...
Total Annual Compensation: $481.3K
Senior Vice President of Strategic Developmen...
Total Annual Compensation: $443.4K
Senior Advisor to Chief Executive Officer
Total Annual Compensation: $524.5K
Compensation as of Fiscal Year 2014.

clean energy fuels corp (CLNE) Key Developments

Clean Energy Fuels Corp. to Open Four New Natural Gas Fueling Stations

Clean Energy Fuels Corp. announced ueling has begun at two new compressed natural gas (CNG) fueling station in Southern California as well as two new truck-friendly CNG stations in Lake Havasu City, Ariz., and Kansas City, Kan. The company also received industry recognition for its new NGV Easy Bay® from Heavy Duty Trucking Magazine as well as the top transit engineering honor at the Canadian Deputy Minister’s Consulting Engineers Awards. Additional agreements representative of Clean Energy’s growing portfolio of natural gas fueling customers were also announced. Seaboard Transport Expands CNG Fueling at Two New Truck-friendly Stations; Seaboard contracted to increase its CNG fueling by an anticipated 240,000 DGEs annually for its expanded fleet of 58 heavy duty natural gas trucks. Clean Energy will open heavy duty truck-friendly stations in Lake Havasu City, Ariz., and Kansas City, Kan. The fleet currently fuels throughout Clean Energy’s network of stations in Calif., Ariz., N.M., Colo., Texas, Ill., Ind., Ohio and Va. Clean Energy to fuel approximately 75 heavy duty liquefied natural gas (LNG) trucks for Washington-based Potelco Inc. The fleet provides electrical and gas line construction and maintenance services for many customers throughout the Northwest and is forecasted to consume approximately 360,000 DGEs of LNG annually. Ten additional heavy duty CNG trucks are scheduled to be deployed and fuel at Clean Energy’s Fontana, Calif., station. These additional trucks are forecasted to consume approximately 10,000 DGEs of CNG annually. The additional vehicles are forecasted to consume approximately 630,000 DGEs of CNG annually and will fuel at DART’s four natural gas stations built, operated and maintained by Clean Energy. Longtime Clean Energy customer SuperShuttle of Austin has extended its fueling relationship for its fleet of 20 CNG vans fueling at Clean Energy’s Austin public-access station, where it is forecasted to consume approximately 240,000 GGEs of CNG annually. Fueling commenced at Torrance’s private natural gas station which was designed, built, and is being operated and maintained by Clean Energy. The station is fueling approximately 35 refuse trucks and 29 transit buses with an estimated 390,000 DGEs of CNG annually. The Torrance natural gas transit fleet is expected to expand with an additional 26 transit buses in the second quarter of 2015. Clean Energy to design, build, operate and maintain a CNG station in Santa Clarita, Calif., for longtime customer Burrtec. The station will fuel approximately 22 CNG refuse trucks which are forecasted to consume approximately 200,000 DGEs of CNG annually. IMW Industries Ltd., a wholly-owned subsidiary of Clean Energy, was recognized for its work on Victoria, BC-based BC Transit's Compressed Natural Gas Bus Fuel Station in Nanaimo, BC. This first-of-its-kind CNG station for BC Transit was designed and built by Clean Energy and IMW; it began fueling in the spring of 2014. Clean Energy’s lowest-cost, code-compliant vapor barrier system for the maintenance and storage of natural gas vehicles earned the fourth spot on Heavy Duty Trucking’s list of Top 20 Products of 2015. Each product was evaluated based on, its level of innovation, whether it addresses significant industry issues or concerns, and its potential to improve a trucking operation’s bottom line. An international panel of industry experts awarded the prestigious INPRO Award to Clean Energy subsidiary IMW for its CleanCNG product during the 2015 International Gas Show which took place in Warsaw, Poland. CleanCNG was recognized for, astonishing innovation, for CNG fueling applications. Natural gas fuel costs up to $1.00 less per gallon than gasoline or diesel, depending on local market conditions. The use of natural gas fuel not only reduces operating costs for vehicles, but also reduces greenhouse gas emissions up to 30% in light -duty vehicles and 23% in medium to heavy duty vehicles. In addition, nearly all natural gas consumed in North America is produced domestically.

Raven Transport to Deploy 115 Additional Heavy-Duty LNG Trucks

Clean Energy Fuels Corp. announced longtime customer Raven Transport is expanding its clean-burning natural gas fleet with 115 Peterbilt Model 579s, equipped with sleepers and powered by liquefied natural gas (LNG) to haul goods for a leading consumer packaged goods company. Clean Energy will support this fleet by opening truck-friendly natural gas fueling stations in Atlanta, Ga., Birmingham, Ala., Pearl, Miss., and Theodore, Ala. The fleet will also fuel at Clean Energy's existing Albany, Ga., Charlotte, N.C., Jacksonville, Fla., Houston Baytown, Texas, Latta, S.C., and Valdosta, Ga., stations. Mobile LNG fueling units will also be deployed in Eden, N.C., Newnan, Ga., Ocala, Fla., and Pineville, La., to enable LNG refueling throughout the Southeast.

Dean Foods to Deploy 64 CNG Vehicles and Private Fuel Station Built by Clean Energy

Clean Energy Fuels Corp. announced an agreement with Dean Foods to construct a compressed natural gas (CNG) station at its Oak Farms Dairy plant in Houston, Texas. Beginning in the second half of 2015, the station will be used to fuel the CNG vehicles deployed by Dean Foods. Over the next several months, Dean Foods will introduce 57 CNG Freightliner M2-112 straight trucks and 7 Freightliner Cascadia over-the-road tractors powered by the Cummins ISL-G and ISX12-G engines, respectively and outfitted with Agility CNG fuel tanks. Station construction is scheduled to be completed by the second half of the year. The facility will be engineered with the ability to expand to accommodate fueling a fleet of 120 CNG commercial vehicles. A grant covering a portion of the vehicle costs has been provided to Dean Foods under the Texas Natural Gas Vehicle Grant Program (TNGVGP), funded by the Texas Commission on Environmental Quality (TECQ). Through this voluntary grant program, monies are provided to reduce nitrogen oxide emission by replacing older diesel engines with cleaner-burning natural gas engines.

 

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