Why These Energy Stocks are Losing This Week

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

Share Price Decline Between Feb. 18 – Feb. 25: 9.85%

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) fell after reporting its Q4 2025 results on February 24. While the company managed to beat Wall Street estimates, it reported a net loss attributable to the company of $43 million for the quarter, versus a net loss of $30.1 million in the same period in 2024. Meanwhile, net loss attributable to the company for the full-year 2025 increased by 167% YoY to $222 million, driven partially by the non-cash interest charges in Q4 associated with debt paydown and the expiration of the company’s delayed draw loan.

Clean Energy Fuels Corp. (NASDAQ:CLNE)’s adjusted EBITDA for the year also dropped by almost 12% YoY to $67.6 million, but still exceeded the top end of its guidance of $65 million. Moreover, the company’s RNG sales for FY 2025 reached 237.4 million gallons, up slightly when compared to 2024.

Clean Energy Fuels Corp. (NASDAQ:CLNE) is forecasting its FY 2026 revenue to range between $420 million and $440 million. The company has also guided to a GAAP net loss of $66 million to $71 million for the year, while it expects adjusted EBITDA in the range of $70 million to $75 million. CLNE is targeting RNG deliveries of 250 million gallons in 2026, with total fuel volumes around 324 million gallons.