Clean Energy Fuels Corporation (CLNE) was incorporated in the year 2001 and operates in the natural gas fuels in United States and Canada. The company operates fueling stations and supply of CNG for all types of vehicles not only across the States but also in Canada. The company also sells natural gas compressors and CNG stations related equipment’s to its outlets which can be company owned or privately owned by other investors. The company has over 300 companies and privately owned gas stations which [provide the fueling services to the light, medium and heavy road vehicles. The company is publically traded on the NASDAQ exchange with the ticker symbol of CLNE.
CLNE share price is currently at $9 and it has the market capitalization of over $811 million. CLNE earnings have been stump for the last few years but the year 2013 was hard on the company with earnings per share slumping below $-0.78. The clean energy Fuels corporation stock in the last year has given a negative return of 26% to its investors. The company although is playing in an industry, which provides fuel for vehicles for almost as low as half of gasoline in some areas but the company hasn’t been in the greens for some time. The investors however look forward to the Clean Energy Fuels future with interest.
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