Earnings summaries and quarterly performance for Clean Energy Fuels.
Executive leadership at Clean Energy Fuels.
Board of directors at Clean Energy Fuels.
Research analysts who have asked questions during Clean Energy Fuels earnings calls.
Eric Stine
Craig-Hallum Capital Group LLC
6 questions for CLNE
Also covers: ALTO, AMPX, AMRC +20 more
Matthew Blair
Tudor, Pickering, Holt & Co.
6 questions for CLNE
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Craig Shere
Tuohy Brothers
5 questions for CLNE
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DW
Derrick Whitfield
Texas Capital
5 questions for CLNE
Also covers: AMTX, ARIS, BG +24 more
Betty Zhang
Scotiabank
4 questions for CLNE
Also covers: DAR, OPAL, XOM
Dushyant Ailani
Jefferies
3 questions for CLNE
Also covers: ADM, BE, BLDP +5 more
JG
Jason Gabelman
TD Cowen
3 questions for CLNE
Also covers: BP, CLMT, CVX +21 more
Rob Brown
Lake Street Capital Markets
3 questions for CLNE
Also covers: AGX, APLD, BLDP +13 more
Betty Jiang
Barclays
2 questions for CLNE
Also covers: APA, AR, BKV +17 more
SJ
Saumya Jain
UBS
2 questions for CLNE
Also covers: AMTX, BLDP, CLMT +8 more
MG
Manav Gupta
UBS Group
1 question for CLNE
Also covers: ADM, AMTX, BE +37 more
PC
Paul Cheng
Scotiabank
1 question for CLNE
Also covers: APA, BP, COP +21 more
PM
Pavel Molchanov
Raymond James
1 question for CLNE
Also covers: ADSE, ALTM, AMRC +14 more
SJ
Salma Jain
Analyst
1 question for CLNE
Recent press releases and 8-K filings for CLNE.
Clean Energy Fuels Expands RNG Deals Across North America
CLNE
New Projects/Investments
- Clean Energy Fuels announced a series of nationwide agreements to expand renewable natural gas (RNG) supply and fueling infrastructure for trucking, refuse, and transit fleets across the U.S. and Canada.
- The company renewed and expanded supply to Ecology Transportation Services, providing approximately 2.1 million gallons annually to about 150 RNG trucks.
- Clean Energy is upgrading and operating Recology’s Seattle-area stations and continues long-term operations and maintenance for WM, supporting over 85 RNG stations and roughly 8,000 WM RNG-powered refuse trucks.
- Transit contracts include a renewed WMATA O&M agreement, covering about five million gallons for 400+ buses, and ongoing service of Phoenix fueling sites, supplying about 4.7 million gallons annually for 335 buses.
Mar 4, 2026, 12:16 PM
Clean Energy Fuels Secures New RNG Supply and Infrastructure Agreements
CLNE
New Projects/Investments
- Clean Energy Fuels (CLNE) announced new agreements for renewable natural gas (RNG) supply and fueling infrastructure with various trucking, refuse, and transit fleets across the U.S. and Canada.
- Significant agreements include an extended partnership with Ecology Transportation Services to supply 2.1 million gallons of RNG annually to 150 vehicles, and an extended operations and maintenance contract with Washington Metropolitan Area Transit Authority (WMATA) covering five million gallons of fuel for over 400 buses.
- The company also secured agreements with ABM Facility Services for the City of Phoenix (supplying approximately 4.7 million gallons of fuel annually to 335 buses) and Arlington Transit (ART) (approximately 750,000 gallons annually for 78 buses).
- Clean Energy continues to partner with Recology for station upgrades and operations/maintenance, and with WM for operations/maintenance of over 85 RNG stations supporting 8,000 trucks.
- The company emphasizes RNG's role as a clean, affordable, and domestically produced fuel with a negative carbon-intensity rating, helping fleets achieve sustainability goals.
Mar 4, 2026, 11:30 AM
Clean Energy Fuels Reports Strong Q4 and Full Year 2025 Results, Provides 2026 Guidance
CLNE
Earnings
Guidance Update
New Projects/Investments
- Clean Energy Fuels reported adjusted EBITDA of $67.6 million for the full year 2025, surpassing its guidance of $65 million, and a GAAP loss of $222 million for the year.
- For 2026, the company projects adjusted EBITDA between $70 million-$75 million, revenues from $420 million-$440 million, and a GAAP net loss of $71 million-$66 million.
- The company delivered 237.4 million gallons of RNG in 2025 and forecasts 250 million gallons of RNG and 324 million total fuel gallons for 2026.
- In Q4 2025, Clean Energy Fuels repaid $65 million of debt and brought online two major dairy RNG projects, South Fork and East Valley, increasing its total operating projects to 8.
- The company anticipates reducing SG&A expenses by over $10 million in 2026 and expects to generate approximately $50 million in operating cash flow.
Feb 24, 2026, 9:30 PM
Clean Energy Fuels Reports Strong Q4 2025 Results and Provides 2026 Guidance
CLNE
Earnings
Guidance Update
New Projects/Investments
- Clean Energy Fuels exceeded its 2025 adjusted EBITDA guidance, reporting $67.6 million for the year, and projects 2026 adjusted EBITDA to be between $70 million and $75 million.
- The company repaid $65 million of debt in Q4 2025, concluding the year with $156.1 million in cash and investments.
- Significant milestones in RNG production include bringing the South Fork Dairy project online and beginning gas injection at the East Valley Dairy project, increasing total operating projects to eight.
- For 2026, the company anticipates delivering 250 million gallons of RNG and expects revenues to range from $420 million to $440 million.
Feb 24, 2026, 9:30 PM
Clean Energy Fuels Reports Q4 and Full Year 2025 Results, Provides 2026 Guidance
CLNE
Earnings
Guidance Update
New Projects/Investments
- Clean Energy Fuels reported a GAAP loss of $222 million for the full year 2025, with Adjusted EBITDA reaching $67.6 million, surpassing their guidance of $65 million. For 2026, the company projects revenues between $420 million and $440 million and Adjusted EBITDA of $70 million to $75 million.
- The company achieved significant operational milestones in Q4 2025 by bringing the South Fork Dairy project online and beginning gas injection at the East Valley Dairy project, increasing their total operating RNG projects to 8, with 3 additional projects under construction.
- In Q4 2025, Clean Energy Fuels repaid $65 million of debt, concluding the year with $156.1 million in cash and investments. They anticipate delivering 250 million gallons of RNG in 2026.
Feb 24, 2026, 9:30 PM
Clean Energy Fuels Corp. Reports Q4 and Full Year 2025 Results and Provides 2026 Outlook
CLNE
Earnings
Guidance Update
New Projects/Investments
- Clean Energy Fuels Corp. reported revenue of $112.3 million for Q4 2025 and $424.8 million for the full year 2025, with a net loss of $(43.0) million (or $(0.20) per share) for Q4 2025 and $(222.0) million (or $(1.01) per share) for the full year.
- Adjusted EBITDA for Q4 2025 was $15.7 million, and for the full year 2025, it was $67.6 million.
- RNG gallons sold increased by 3.4% to 64.1 million gallons in Q4 2025 and totaled 237.4 million gallons for the full year 2025.
- As of December 31, 2025, the company held $156.1 million in Cash, Cash Equivalents (less restricted cash), and Short-Term Investments, and partially paid down long-term debt by $65 million.
- For 2026, Clean Energy Fuels Corp. expects a GAAP net loss ranging from $(71) million to $(66) million and Adjusted EBITDA between $70 million and $75 million.
Feb 24, 2026, 9:15 PM
Clean Energy Fuels Reports Q4 and Full-Year 2025 Results
CLNE
Earnings
Guidance Update
New Projects/Investments
- Clean Energy Fuels reported Q4 2025 revenue of $112.3 million and a net loss of $(43.0) million, or $(0.20) per share, contributing to full-year 2025 revenue of $424.8 million and a net loss of $(222.0) million, or $(1.01) per share.
- Renewable natural gas (RNG) gallons sold increased by 3.4% to 64.1 million gallons in Q4 2025, with 237.4 million gallons sold for the full year 2025.
- The company concluded 2025 with $156.1 million in cash, cash equivalents, and short-term investments, and reduced long-term debt by $65 million.
- Clean Energy Fuels provided a 2026 Adjusted EBITDA outlook ranging from $70 million to $75 million.
Feb 24, 2026, 9:05 PM
Clean Energy Fuels Reports Q3 2025 Results, Reaffirms 2025 Outlook
CLNE
Earnings
Guidance Update
New Projects/Investments
- Clean Energy Fuels reported Q3 2025 revenue of $106 million and Adjusted EBITDA of $17 million, reaffirming its 2025 outlook.
- The company maintained a strong balance sheet, ending the quarter with $232 million in cash and short-term investments.
- Two of the largest dairy projects recently began initial operations, increasing the total number of RNG projects in operation to eight. Additionally, three new dairy RNG projects were initiated, projected to produce 3 million gallons annually once fully operational.
- Clean Energy is advancing its heavy-duty truck initiatives, including the expansion of its demo truck program for the Cummins X15N engine and a partnership with Pioneer Clean Fleet Solutions to facilitate leasing of low-carbon heavy-duty vehicles.
Nov 4, 2025, 9:30 PM
Clean Energy Fuels Corp. Reports Q3 2025 Results
CLNE
Earnings
Guidance Update
New Projects/Investments
- Clean Energy Fuels Corp. reported revenue of $106.1 million for Q3 2025, an increase from $104.9 million in Q3 2024. The company recorded a GAAP net loss of $(23.8) million, or $(0.11) per share, for Q3 2025, compared to a net loss of $(18.2) million, or $(0.08) per share, in Q3 2024.
- Adjusted EBITDA was $17.3 million for Q3 2025, down from $21.3 million in Q3 2024.
- The company sold 61.3 million RNG gallons in Q3 2025, representing a 3% increase compared to Q3 2024.
- Clean Energy made a strategic investment in Pioneer Clean Fleet Solutions and broke ground on three new renewable natural gas production facilities expected to produce approximately three million gallons of RNG annually.
- For the full year 2025, the company projects Adjusted EBITDA to be between $60 million and $65 million.
Nov 4, 2025, 9:15 PM
Clean Energy Fuels Expands Nationwide RNG and LNG Supply Through Major Fleet Contracts
CLNE
New Projects/Investments
- Clean Energy Fuels Corp. is expanding its supply of renewable natural gas (RNG) and liquefied natural gas (LNG) through new agreements with diverse customers in the trucking, waste management, and space sectors across the U.S.
- Notable contracts include a 2.5 million gallon annual RNG supply to USA Hauling & Recycling and a 250,000 gallon deal with Paper Transport for their trucking fleets. Apollo Energy Resources also committed to 480,000 gallons for transportation needs.
- Republic Services is enhancing its RNG infrastructure with new fueling stations supporting 176 trucks across Colorado and Nevada.
- The company's California and Texas LNG plants, including a recently expanded facility in Boron, California, with a capacity of up to 270,000 gallons of LNG per day, provide substantial capacity to meet growing demand.
- Clean Energy highlights RNG as a proven, economical, and scalable solution for decarbonizing fleets immediately, offering significant cost savings compared to diesel.
Oct 30, 2025, 4:50 PM
Quarterly earnings call transcripts for Clean Energy Fuels.
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