Clean Energy Fuels Corp. Closes at $4.20, -1.64% from Previous Day: What Should Investors Do?
May 6, 2023
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Clean Energy Fuels ($NASDAQ:CLNE) Corp. is a publicly-traded company that produces and sells renewable natural gas (RNG) and compressed natural gas (CNG) products and services for transportation and industrial markets. The company has operations in the United States, Canada, and Latin America. Their stock closed at $4.20 in the last session, a decrease of -1.64% from its previous closing price of $4.27. Given the current market conditions, investors may be wondering if they should invest in Clean Energy Fuels Corp. On one hand, the stock’s recent decrease in price could be seen as an opportunity to buy at a lower price.
On the other hand, the current market conditions are uncertain and there is no guarantee that Clean Energy Fuels Corp. will go up in price in the near future. They should also research the company to get a better understanding of their business operations and financials, as well as any trends in the industry that could affect their performance. Ultimately, it is up to the individual investor to make the final decision.
Analysis
At GoodWhale, we believe that investing is a journey and not a destination. We highly recommend taking a deeper dive into the fundamentals of CLEAN ENERGY FUELS before making an investment decision. Using our proprietary Star Chart, we can see that CLEAN ENERGY FUELS is strong in asset, medium in growth, profitability and weak in dividend. This indicates that the company has a strong balance sheet and is well-positioned to weather any storms. When it comes to the health of the company, CLEAN ENERGY FUELS has a high score of 7/10 considering its cashflows and debt. This means that the company is capable to safely ride out any crisis without the risk of bankruptcy. Furthermore, we classify CLEAN ENERGY FUELS as a ‘rhino’, which is a type of company that has achieved moderate revenue or earnings growth. Investors who are looking for stability and strong balance sheets may find CLEAN ENERGY FUELS to be an attractive investment opportunity. The company’s strong asset base provides investors with a measure of protection in turbulent markets, while its moderate growth rate indicates future potential. As always, we recommend doing your own research before making an investment decision. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CLNE. More…
| Total Revenues | Net Income | Net Margin |
| 420.16 | -58.73 | -14.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CLNE. More…
| Operations | Investing | Financing |
| 66.73 | -148.54 | 101.65 |
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 |
| 1.08k | 354.89 | 3.23 |
Key Ratios Snapshot
Some of the financial key ratios for CLNE are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.9% | – | -12.6% |
| FCF Margin | ROE | ROA |
| 3.1% | -4.6% | -3.1% |
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 Corp. (CLEAN) may be a positive move for investors. The stock has recently seen an overall uptrend as its stock price has moved up from $4.27 to $4.20 in the last session, reflecting a decrease of -1.64%. Overall, CLEAN appears to be a strong choice for investors looking for an energy stock with a solid track record and potential for further growth.
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