Clean Energy Fuels Corp. (CLNE, Financial) experienced a significant stock price drop of 5.26%, trading at $2.88 per share with a volume of 1.06775 million shares and a turnover rate of 0.48%. The stock's amplitude was recorded at 4.77%.
Recent financial reports indicate that the company generated revenue of $106 million, with a net loss of $18.18 million, resulting in an earnings per share (EPS) of -$0.08. The gross profit stood at $21.75 million, and the price-to-earnings (P/E) ratio was -8.80. Among nine institutions rating the stock, 89% recommended buying, while 11% suggested holding, with no sell recommendations.
Within the oil and gas refining and sales industry, which saw an overall increase of 3.03%, related stocks like PBF Energy Inc., CVR Energy, and Delek US Holdings, Inc. showed significant gains. Active stocks included Delek US Holdings, Inc., PBF Energy Inc., and HollyFrontier Corp., with turnover rates of 1.45%, 1.33%, and 0.95%, respectively. Stocks with notable amplitude included PBF Energy Inc., Delek US Holdings, Inc., and Par Pacific Holdings, Inc., with amplitudes of 8.04%, 7.74%, and 6.74%.
Clean Energy Fuels Corp. operates as a natural gas marketer and retailer in the U.S. and Canada, offering compressed natural gas, liquefied natural gas, and renewable natural gas as vehicle fuel alternatives. The company primarily generates revenue from compressed natural gas sales in the U.S. It purchases natural gas from local utilities, processes it, and sells it through its own or customer-owned stations. Its target market includes heavy-duty trucking, airports, public transit, institutional energy users, and government fleets.
