Clean Energy Fuels Corp.
CLNEEnergyNASDAQOil & Gas Refining & Marketing · Last scanned May 29, 2026
Scan Results
Daily timeframe2 of 4 indicators bullish as of May 28CONFIRMED
Multi-indicator alignment: When 2+ indicators show the same condition on the same day, Scanance highlights it. This is not a recommendation — it means the technical indicators are aligned.
Clean Energy Fuels Corp. offers natural gas as alternative fuels for vehicle fleets and related fueling solutions in the United States and Canada. The $455.9M market capitalization puts CLNE squarely in small-cap range for its industry. It supplies renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for medium and heavy-duty vehicles; and provides operation and maintenance services for public and private vehicle fleet customer stations.
Market Cap
$455.9M
Beta
1.93
P/E (TTM)
—
P/E (Fwd)
66.35
EPS (TTM)
$-0.48
EPS (Fwd)
$0.03
ROE
-17.2%
ROA
-1.9%
Cash
$126.2M
Total Debt
$324.0M
Free CF
-$19.3M
52W Change
15.6%
Annual Financials
Cash vs Debt
Clean Energy Fuels Corp. carries $324.0M in total debt against $126.2M in cash reserves — debt is roughly 2.6x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$19.3M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of -17.2% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has been relatively flat, moving from $420.2M (2022) to $424.8M (2025).
With a beta above 1.5, CLNE tends to amplify broader market moves — both up and down. This higher volatility means larger price swings are common. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing CLNE.