7 Best Oil and Gas Penny Stocks to Buy According to Analysts

5. Clean Energy Fuels Corp. (NASDAQ:CLNE

Upside Potential: 44.4%

Number of Hedge Fund Holders: 25

Share Price: $2.77

Clean Energy Fuels Corp. (NASDAQ:CLNE) is one of the 7 best oil and gas penny stocks to buy according to analysts, supported by hedge fund interest and significant upside potential.

In keeping with its commitment to zero-emission transportation infrastructure, Clean Energy Fuels Corp. (NASDAQ:CLNE), one of the best oil and gas penny stocks, announced on September 25, 2025, that it will construct a second hydrogen fueling station for Foothill transportation. The $11.3 million facility, which will be partially financed by federal grants, will be built at Foothill’s Arcadia bus yard to support 19 new hydrogen fuel cell buses.

Moreover, following the first hydrogen station at Pomona, which has been in service since June 2023 and serves 33 buses, these two organizations have been collaborators for more than 20 years. In Collaboration with Mass Energy Works, Clean Energy Fuels Corp. (NASDAQ:CLNE) also began construction on three RNG production plants on September 16. The $80 million projects, which span dairy farms in South Dakota, Georgia, Florida, and New Mexico, are anticipated to produce three million gallons of RNG a year beginning in 2026, feeding its more than 600 fueling stations around the country.

With fueling stations located throughout the United States and Canada, Clean Energy Fuels Corp. (NASDAQ:CLNE) is the biggest supplier of renewable natural gas for transportation in North America.