Why These Energy Stocks Are Gaining This Week

8. Clean Energy Fuels Corp. (NASDAQ:CLNE)

Share Price Gains Between May 1 – May 8: 15.54%

Clean Energy Fuels Corp. (NASDAQ:CLNE) pioneered renewable natural gas as a vehicle fuel in the US and continues to be North America’s largest provider of RNG for the transportation industry.

Clean Energy Fuels Corp. (NASDAQ:CLNE) beat forecasts in its Q1 2025 results revealed this week, reporting an adjusted EPS of $0.01 against estimates of an adjusted loss per share of $0.16. The company’s revenue of $103.8 million also managed to top expectations by $5.82 million.

Clean Energy Fuels Corp. (NASDAQ:CLNE) executed several new RNG supply agreements with customers, including transit agencies in Michigan, Texas, and Alabama. Moreover, the company resumed repurchases of its common stock during the quarter, with $26.1 million of capacity still remaining under its repurchase program as of the end of Q1.