Clean Energy Fuels Corp (NASDAQ:CLNE)
The 9 analysts offering 12-month price forecasts for Clean Energy Fuels Corp have a median target of 11.00, with a high estimate of 27.00 and a low estimate of 8.00. The median estimate represents a +52.57% increase from the last price of 7.21.
Similarly Is CLNE a hold? The company’s average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
What is CLNE target price? Stock Price Target CLNE
| High | $ 27.00 |
|---|---|
| Median | $ 11.00 |
| Low | $ 8.00 |
| Average | $ 15.22 |
| Current Price | $ 7.56 |
Additionally, What does the company CLNE do?
Clean Energy Fuels (NASDAQ: CLNE), a company best known for collecting and transporting renewable natural gas that is produced from the organic waste collected at dairy farms and related sources, has seen its stock rise by about 15% over the last month (about 21 trading days).
Is Clean Energy Fuels Corp profitable?
Valuation Metrics
Clean Energy Fuels’ stock looks a little expensive at the moment. Despite its forward enterprise-value-to-EBITDA ratio being only 17.4x compared to its five-year average of 18.6x, its price-to-normalized-earnings ratio is a whopping 232x, and the company has a spotty record of profitability.
Is LNG clean energy? LNG is the cleanest-burning fossil fuel and has numerous environmental advantages, providing operators a smart, safe, and affordable way to meet regulations.
Is Clean Energy Fuels profitable? Valuation Metrics
Clean Energy Fuels’ stock looks a little expensive at the moment. Despite its forward enterprise-value-to-EBITDA ratio being only 17.4x compared to its five-year average of 18.6x, its price-to-normalized-earnings ratio is a whopping 232x, and the company has a spotty record of profitability.
Who owns clean energy? Andrew J. Littlefair serves as President and CEO of Clean Energy, the leading provider of renewable natural gas (RNG) fuel for transportation in North America, with a network of approximately 550 stations across North America.
Is Clne renewable?
Clean Energy Fuels Corp. is a renewable energy company.
Who owns Clean Energy Fuels Corp? Andrew J. Littlefair serves as President and CEO of Clean Energy, the leading provider of renewable natural gas (RNG) fuel for transportation in North America, with a network of approximately 550 stations across North America.
What is the problem with LNG?
New LNG projects have considerable risks of being stranded assets prior to the operating life being complete.” Part of the problem with LNG is that it is no longer considered compatible with the goals to reduce greenhouse gas emissions in order to head off catastrophic climate change.
Is LNG better than oil? LNG has proven to be better than any other fossil fuel for the environment, as it generates 30% less carbon dioxide than fuel oil and 45% less than coal. The combustion of natural gas evaporates much more quickly in the air, compared to traditional heavy fuel oils, leaving no particles or residue.
What is LNG price today?
Performance Outlook
| Previous Close | 137.96 |
|---|---|
| Bid | 139.53 x 1000 |
| Ask | 140.75 x 800 |
| Day’s Range | 135.67 – 141.75 |
| 52 Week Range | 71.90 – 149.42 |
Who is invested in Clne?
Top 10 Owners of Clean Energy Fuels Corp
| Stockholder | Stake | Total change |
|---|---|---|
| BlackRock Fund Advisors | 5.01% | +2.59% |
| SSgA Funds Management, Inc. | 4.74% | -20.84% |
| The Vanguard Group, Inc. | 4.07% | -1.04% |
| Dimensional Fund Advisors LP | 3.21% | -0.73% |
When did Clne go public? for $21 million and the company name is changed to Clean Energy Fuels Corp. Clean Energy Fuels goes public on May 25 (NASDAQ: CLNE), raising $138 million.
When was Clne founded? The company was founded by T. Boone Pickens and Andrew J. Littlefair in 1996 and is headquartered in Newport Beach, CA.
Is clean energy really clean?
Is Clean Energy Really Clean? All clean energy sources are, by definition ‘clean,’ however not all renewable energy sources are clean. For example, burning wood from sustainably managed forests can be renewable, but it is not clean since this releases carbon dioxide into the atmosphere.
Why is clean energy good? Benefits of Renewable Energy
Generating energy that produces no greenhouse gas emissions from fossil fuels and reduces some types of air pollution. Diversifying energy supply and reducing dependence on imported fuels. Creating economic development and jobs in manufacturing, installation, and more.
What is a clean fuel source?
Clean fuels are produced from a variety of feedstocks, such as agricultural and forest biomass, waste materials, electricity, and fossil fuels with carbon capture and storage.
Is LNG sustainable? LNG is the cleanest fossil fuel. In the context of the current energy transition sought by the European Commission, it represents an excellent alternative to reduce greenhouse gas emissions and help combat global warming.
Is LNG eco friendly?
As a result, LNG can be seen as one of the most environmentally friendly fuels in the market.
Is LNG better than diesel? The benefits of using liquefied natural gas (LNG) versus diesel for fuel are also clear: Natural gas burns significantly cleaner; produces lower emissions of sulfur, nitrogen and carbon dioxide into the atmosphere; and lacks the strong, distinguishing diesel odor.
