Amazon Takes Major Step Towards Clean Energy with Renewable Natural Gas Station
December 25, 2022
Trending News ☀️
CLNE Stock Fair Value – Clean Energy Fuels ($NASDAQ:CLNE) is a publicly-traded company that is leading the way in providing clean energy solutions to the transportation industry. Their mission is to promote sustainable transportation and reduce emissions from the transportation sector. They provide renewable natural gas and renewable diesel fuel to fleets of all sizes, including those operated by Amazon. Amazon recently announced their commitment to clean energy by opening a new Renewable Natural Gas (RNG) station powered by Clean Energy Fuels in California.
This new RNG station will help Amazon reach their goals by providing an abundant source of clean energy for their fleet vehicles. Furthermore, Amazon’s investment in Clean Energy Fuels will help stimulate the local economy and create jobs in the area. It shows that even large companies can take meaningful steps towards reducing their environmental impact and contributing to a more sustainable future. By investing in renewable energy solutions like RNG, Amazon is helping to drive the transition to a cleaner, greener world.
Share Price
The news of this development has been met with mostly positive sentiment. RNG is an important source of clean energy that can be used in transportation, such as fleet trucks and cars. On Monday, the stock of CLEAN ENERGY FUELS opened at $5.8 and closed at $5.7, down by 2.6% from the previous closing price of $5.8. This was despite the news of the RNG station being opened by Amazon. While the short-term implications of the news are not yet known, it could be a long-term positive for CLEAN ENERGY FUELS as it will bring more attention to their alternative fuel solutions.
This move by Amazon demonstrates their commitment to sustainability, and is likely to inspire other companies to follow suit. The use of RNG is growing, and with the support of major players like Amazon, it is likely to become a viable option for many businesses and individuals looking to reduce their emissions. Overall, this is an encouraging step forward for alternative fuels and clean energy solutions. While the immediate effects of Amazon’s move on CLEAN ENERGY FUELS’ stock are unknown, the long-term implications could be extremely beneficial for both the company and the environment. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CLNE. More…
| Total Revenues | Net Income | Net Margin |
| 398.34 | -48.77 | -12.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CLNE. More…
| Operations | Investing | Financing |
| 40.18 | -146.57 | -16.98 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CLNE. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 941.45 | 212.72 | 3.24 |
Key Ratios Snapshot
Some of the financial key ratios for CLNE are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.5% | – | -11.1% |
| FCF Margin | ROE | ROA |
| -0.6% | -3.8% | -2.9% |
VI Analysis – CLNE Stock Fair Value Calculator
CLEAN ENERGY FUELS is a company whose fundamentals reflect its long-term potential. VI app has made it easy to analyze the company’s financials and come up with a fair value for its shares. Based on the analysis, the fair value of CLEAN ENERGY FUELS share is around $8.2. However, the stock is currently trading at $5.7, which is undervalued by around 30%. This presents a great buying opportunity for investors looking to capitalize on the company’s potential. The company’s fundamentals such as revenue, earnings, and cash flow are all solid indicators of its long-term prospects. The balance sheet is strong with no long-term debt and a healthy cash position. Investors should also consider the competitive advantages held by the company, which include access to fuel supply chains, high-quality customer service, and strong international presence. Overall, CLEAN ENERGY FUELS is a company with strong fundamentals that present a great buying opportunity for investors. The stock is currently undervalued by around 30%, and the fair value of its shares is estimated to be around $8.2. This means there is significant potential for the stock to appreciate in value over the long term. Therefore, investors should take advantage of this opportunity to capitalize on the company’s potential. More…
VI Peers
The company’s competitors include United Strength Power Holdings Ltd, Shandong Shengli Co Ltd, and Australian Oil & Gas Corp.
– United Strength Power Holdings Ltd ($SEHK:02337)
United Strength Power Holdings Ltd is a power generation company with a market cap of 3.97B as of 2022. The company has a Return on Equity of 22.59%. The company operates power plants in China and sells electricity to power grid companies.
– Shandong Shengli Co Ltd ($SZSE:000407)
Shandong Shengli Co Ltd is a Chinese company that produces and sells chemical products. The company has a market capitalization of 3.76 billion as of 2022 and a return on equity of 5.36%. The company’s products include ethylene, propylene, butylene, and benzene.
– Australian Oil & Gas Corp ($OTCPK:AOGC)
AOG is an oil and gas company with a market capitalization of $356,040 as of 2022. The company’s return on equity is 1.03%. AOG is involved in the exploration, development, production, and marketing of crude oil and natural gas. The company has operations in Australia, the United States, and Canada.
Summary
Investing in clean energy fuels is becoming more of a priority for many businesses and individuals as the global climate crisis continues to worsen. Amazon is leading the way with their recent announcement of a renewable natural gas (RNG) fueling station to power their delivery vehicles. This move is part of the company’s commitment to sustainability and emissions reduction, and aims to demonstrate their commitment to investing in clean energy fuels. Clean energy fuels are typically derived from renewable sources like solar, wind, geothermal, and hydropower. These resources are non-polluting, renewable sources of energy that produce little or no greenhouse gases. Investing in clean energy fuels can help reduce dependence on fossil fuels, as well as provide a cleaner, more sustainable source of energy. By investing in clean energy fuels, Amazon not only reduces their carbon footprint, but also helps to create jobs and boost the local economy.
These investments can lead to the creation of new businesses, as well as new opportunities for existing businesses to expand their operations. Furthermore, the increased demand for clean fuels can also lead to the development of new technologies and products, which can provide additional economic stimulus. Other benefits of investing in clean energy fuels include reduced air pollution, reduced water usage, and improved energy security. Clean energy fuels are also an important part of transitioning towards a more sustainable future. By investing in clean energy fuels, businesses like Amazon are helping to reduce their environmental impact and contribute to a healthier and more sustainable world.
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