Clean Energy Fuels Corp. (NASDAQ:CLNE) is one of the 10 Best Penny Stocks to Buy Before They Explode.
On May 7, 2026, Clean Energy Fuels Corp. (NASDAQ:CLNE) reported Q1 adjusted EPS of (1c), versus the consensus estimate of (3c). Revenue totaled $117.56M, versus the consensus estimate of $97.85M. The company said renewable natural gas volumes continued to recover from last year despite weather-related disruptions affecting dairy RNG production, particularly in the upper Midwest. Management added that operating refinements across the industry are helping improve production consistency, while newer projects such as the East Valley facility in Idaho and the South Fork project in Texas are continuing to ramp up output. Clean Energy Fuels Corp. (NASDAQ:CLNE) also said higher oil and diesel prices following the conflict in Iran have increased interest in its natural gas transportation fuel offerings, which management described as less volatile than diesel. The company added that results during the quarter reflected some benefits from elevated diesel pricing against a relatively stable natural gas commodity backdrop.
On May 4, 2026, Clean Energy Fuels Corp. (NASDAQ:CLNE) announced the expansion of its renewable natural gas fueling network with six new stations across California, New Jersey, Oklahoma, Michigan, and Washington. The stations are positioned along major freight transportation corridors and are intended to support growing adoption of Cummins’ X15N natural gas engine for heavy-duty trucking applications. The company said the new locations expand its network of more than 600 fueling stations across North America, serving transit, refuse, municipal, airport, and trucking fleets.
Last month, Clean Energy Fuels Corp. (NASDAQ:CLNE) announced the appointment of Clay Corbus as President and Chief Executive Officer, effective immediately. Corbus also joined the company’s board of directors, succeeding co-founder Andrew Littlefair, who led the company for 30 years. Littlefair transitioned from the CEO role to serve as a non-employee government relations consultant while remaining on the board.
Clean Energy Fuels Corp. (NASDAQ:CLNE) provides natural gas transportation fuels and fueling solutions for vehicle fleets across the United States and Canada.
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