D
Clean Energy Fuels Corp. CLNE
$1.83 $0.042.24% NASDAQ
Recommendation
Dividend Power Score
Prev Close
Volume
Avg Vol (90D)
Market Cap
Dividend & Yield
--
52-Week Range
P/E (TTM)
--
EPS (TTM)

Company Overview

Clean Energy Fuels Corp. is a U.S.-based renewable fuel infrastructure and energy company focused primarily on supplying natural gas-based transportation fuels, including renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for the commercial transportation sector. The company operates within the broader clean energy, transportation fuels, and environmental services industries, with a strategic emphasis on decarbonizing heavy-duty transportation. Its primary customers include trucking fleets, transit agencies, airports, municipalities, refuse companies, and other operators of medium- and heavy-duty vehicles seeking lower-emission fuel alternatives.

The company’s principal revenue drivers include the sale of RNG and conventional natural gas vehicle fuels, operation and maintenance services for fueling stations, environmental credit monetization, and construction services related to fueling infrastructure. Clean Energy Fuels has positioned itself as one of North America’s largest providers of RNG for transportation, leveraging long-term supply agreements, fueling infrastructure ownership, and relationships with fleet operators. Founded in 2001 by energy entrepreneur T. Boone Pickens and others, the company evolved from a natural gas fueling infrastructure provider into a major participant in the RNG market as low-carbon fuel regulations and sustainability targets increased demand for renewable transportation fuels.

Business Operations

Clean Energy Fuels organizes its operations primarily around fuel supply, station ownership and operations, and renewable fuel development. The company develops, owns, and operates natural gas fueling stations across North America under its Redeem RNG brand, which is marketed as a transportation fuel produced from organic waste sources such as dairy farms, landfills, and wastewater treatment facilities. Revenue is generated through fuel sales, station construction, engineering services, maintenance contracts, and environmental credit programs including Renewable Identification Numbers (RINs) and Low Carbon Fuel Standard (LCFS) credits.

The company maintains operations throughout the United States and parts of Canada, serving both public and private fleet operators. Clean Energy Fuels also has strategic relationships and joint ventures tied to RNG production and distribution. Notable investments include partnerships with dairy operators and energy infrastructure firms to develop methane capture projects. The company has been associated with joint development initiatives involving TotalEnergies, which has invested in RNG production ventures and held a significant ownership stake in the company according to public filings. Clean Energy Fuels controls a broad network of fueling infrastructure assets, including CNG and LNG stations, fueling equipment, and logistics systems supporting commercial transportation fleets.

Strategic Position & Investments

Clean Energy Fuels has focused its strategic direction on expanding RNG production capacity and increasing adoption of low-carbon transportation fuels in heavy-duty trucking. A central component of its growth strategy has involved developing dairy RNG projects that capture methane emissions from agricultural waste and convert them into transportation fuel. These projects are intended to generate both fuel revenue and environmental credits tied to emissions reduction programs. The company has also continued investing in station modernization and expanding fueling access along major freight corridors.

The company’s strategic partnerships and investments have included ventures with TotalEnergies and participation in dairy digester development projects through affiliated entities. Clean Energy Fuels has also pursued opportunities connected to emerging low-emission transportation technologies, including hydrogen fueling and carbon reduction initiatives, although RNG remains the company’s dominant operational focus. Public filings and investor materials indicate that management views renewable fuel adoption, stricter emissions regulation, and fleet sustainability mandates as long-term market drivers supporting continued infrastructure and production investment.

Geographic Footprint

Clean Energy Fuels is headquartered in Newport Beach, California, and operates primarily throughout North America, with a fueling network spanning major freight and transportation corridors in the United States and portions of Canada. Its station network supports transit systems, airport fleets, refuse operators, and long-haul trucking customers across multiple states and metropolitan markets. Key operational regions include California, Texas, and other states with active clean fuel regulatory programs and high concentrations of commercial transportation activity.

The company’s RNG sourcing and infrastructure investments are closely tied to U.S. agricultural and waste management markets, particularly in regions with significant dairy and landfill activity. Through strategic investments and commercial partnerships, Clean Energy Fuels maintains operational influence in renewable fuel markets shaped by North American environmental regulations and transportation decarbonization initiatives.

Leadership & Governance

Clean Energy Fuels’ leadership has emphasized long-term growth in renewable transportation fuels and expansion of RNG infrastructure supporting commercial fleet decarbonization. The company’s strategic vision has centered on positioning RNG as a commercially scalable lower-carbon alternative for heavy-duty transportation sectors where battery-electric adoption may face operational limitations. Founder T. Boone Pickens was an early advocate for natural gas transportation in the United States and played a major role in shaping the company’s original market positioning.

Key executives identified in recent public filings include:

  • Andrew J. Littlefair – President and Chief Executive Officer
  • Robert M. Vreeland – Chief Financial Officer
  • Chad Lindholm – Senior Vice President, Sales
  • Mitchell W. Pratt – Senior Vice President and Chief Operating Officer
  • Clay Corbus – Senior Vice President, Renewable Fuels

The company operates under a publicly traded corporate governance structure and files periodic disclosures through the SEC, including annual reports on Form 10-K and quarterly reports on Form 10-Q, which outline operational performance, risk factors, executive compensation, and strategic priorities.

Data complied by narrative technology. May contain errors

Top Tech Stocks
See All »
B
NVDA NASDAQ $225.16
B
AAPL NASDAQ $305.93
B
AVGO NASDAQ $392.99
Top Consumer Staple Stocks
See All »
B
WMT NASDAQ $115.27
Top Financial Stocks
See All »
B
B
JPM NYSE $362.84
B
V NYSE $364.15
Top Energy Stocks
See All »
B
CVX NYSE $200.00
B
ENB NYSE $50.91
Top Health Care Stocks
See All »
B
LLY NYSE $1,180.16
B
JNJ NYSE $260.35
B
ABBV NYSE $249.46
Top Real Estate Stocks
See All »
B
PLD NYSE $141.03
B
EQIX NASDAQ $1,102.10