Clean Energy Fuels Corp. (CLNE)
NASDAQEnergyOil & Gas Refining & MarketingSnapshot 2026-09-04
$1.65+1.85%
Close 2026-09-04 · 1-day change
NASDAQEnergyOil & Gas Refining & MarketingSnapshot 2026-09-04
QuarterlyIQ Insights · CLNE
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -33.4% |
| Our one-year growth estimate | diamond | 4.1% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 37.5 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 12 industry peers · Company calendar date is not available
CLNE — earnings in line
Dated 2026-08-06
Results of Operations and Financial Condition. On August 6, 2026, Clean Energy Fuels Corp. (the “Company”) issued a press release announcing financial results for the second quarter ended June 30, 2026. A copy of the Company’s press release containing this information is being furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information furnished pursuant to Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchang…
Why it matters: Hitting this target would show strong performance and support management's growth plans.
Supportive ifQ3 Adjusted EBITDA is $17 million or more. This shows progress toward the $70 million goal.
Worry ifQ3 Adjusted EBITDA is less than $15 million. This shows challenges in meeting the target.
Why it matters: New stations will enhance market presence and meet growing demand for RNG.
Supportive ifAnnouncement of at least three new RNG fueling stations by the end of Q3.
Worry ifNo new RNG fueling stations were announced in Q3. This suggests possible growth challenges.
Why it matters: Updates from Bart Frabotta may show improved operations. They could also mean lower costs.
Watch forBart Frabotta shared good news about better efficiency. This is a positive sign.
Also watch forBart Frabotta shared bad news or delays in plans.
Why it matters: Management wants to improve cash from operations. A positive trend is needed to support growth.
Supportive ifCash from operations is positive in Q2 2026. This shows improvement.
Worry ifCash from operations remains negative in Q2 2026, showing ongoing cash flow issues.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$186 on $10,000 · ±1.9% | How much price usually moves either way. |
| Bad day | $478 loss on $10,000 · 4.8% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,869 loss on $10,000 · 48.7% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Rising oil prices can drive more fleets to switch to RNG, boosting sales.
Watch forOil prices rise above $100 per barrel, leading to increased inquiries for RNG.
Also watch forOil prices fall below $80 per barrel, causing a decrease in RNG demand.
Why it matters: New stations are key to expanding the RNG network and meeting customer demand.
Supportive ifAnnouncement of at least three new RNG stations opened in Q3.
Worry ifNo new RNG stations opened in Q3.
Why it matters: Stronger revenue growth could signal a positive shift in the sector. It may support the company's recovery.
Watch forQ2 revenue growth reported above 3% year over year.
Also watch forQ2 revenue growth reported below 1% year over year.
Why it matters: This growth would reflect strong demand and support the company's revenue goals.
Supportive ifRNG gallons sold in Q3 are over 70 million. This shows more people are using the fleet.
Worry ifRNG gallons sold in Q3 drop below 60 million, suggesting weakening demand.
Why it matters: The new CEO's impact on performance is key. Stability can boost investor confidence.
Watch forGood financial results or important news came after the CEO change.
Also watch forOngoing losses or bad news came after the CEO change.
Why it matters: What management says about RFP status can show if they will win contracts.
Watch forManagement states RFP status has improved to neutral or strong.
Also watch forManagement says RFP status is still weak or getting worse.
Why it matters: The CEO transition is new. Its effect on company performance is important for future growth.
Watch forQ2 2026 has positive financial results. This shows the transition is helping.
Also watch forThere are still losses in Q2 2026. This shows the transition has not helped performance.
Why it matters: The new CEO's strategies could change company performance. This transition is key to Clean Energy's future direction.
Watch forQ2 2026 results show a net profit or less loss.
Also watch forQ2 2026 results show continued or worsening losses.
Why it matters: A good leadership change can help the company. It can also boost investor trust.
Watch forEmployees or stakeholders gave positive feedback about the new CEO's plans.
Also watch forThere are reports of unhappiness or problems after the CEO change.