# Clean Energy Fuels share price today (Clean Energy Fuels Corp., CLNE)

> Clean Energy Fuels Corp.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. CLNE · Energy · Oil & Gas Refining & Marketing · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/clne

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Price: $1.56 (−45.5% in a year)
- Revenue (Jun 2026): $106 M (+3.7% on a year ago)
- Profit (Jun 2026): −$14.9 M
- Operating margin: −4.8% (+4.2 points on a year ago)
- ROE: −39%, FY25
- ROIC: −3.8%, against a 13.2% cost of capital: −17.0 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Clean Energy Fuels share price today? Clean Energy Fuels Corp.'s share price was $1.56 at the close on 3 November 2026. That is 22.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between $1 and $3, and at that close it sat 9% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 1 week in a row. Over the last 1 year the share price moved −29% while the S&P 500 moved +21%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Clean Energy Fuels pay? Clean Energy Fuels Corp. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Clean Energy Fuels on? Clean Energy Fuels is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Clean Energy Fuels profitable? Clean Energy Fuels Corp. posted a net loss of $14.9 M in the Jun 2026 quarter. The full FY25 year was a loss of $222 M. That loss is 14.0% of the quarter's revenue. The same quarter a year earlier lost $20.2 M. 12 of the last 12 reported quarters were loss-making. ## How much revenue does Clean Energy Fuels make, and is it growing? Clean Energy Fuels Corp. reported $106 M of revenue in the Jun 2026 quarter, +3.7% on the same quarter a year earlier. That is the 9th quarter in a row with growth on the year before. Over 4 years it has grown 13.5% a year on average. The last full year, FY25, came in at $425 M. The last four reported quarters add to $442 M. FY25 revenue was $425 M, +2.2% on the year before. Recent pace: the last four quarters grew +5.2% on average, against 13.5% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +5.2%, against +4.6% a year over the last 8 quarters (stabilising). ## How much of every $100 of sales does Clean Energy Fuels keep? Clean Energy Fuels Corp.'s operating margin was −4.8% in the Jun 2026 quarter, 4.2 percentage points higher than the same quarter a year ago. Across 5 years it has been between −37.2% and −6.8%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +4.2 percentage points on the year while gross margin changed +0.8 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Clean Energy Fuels' profit turning into cash? Clean Energy Fuels Corp.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $85.5 M of operating cash against −$222 M of profit. After $59.9 M of spending on assets, $25.6 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Clean Energy Fuels' cash go? Clean Energy Fuels Corp. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $261 M on assets over the last 3 years. Averaged over those years that is 20.5% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $261 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Clean Energy Fuels' P/E ratio, and how does it compare with its own history? Clean Energy Fuels Corp. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Clean Energy Fuels Corp. at 0.8× its FY25 revenue of $425 M. The P/E comes back here once profit turns positive. ## Is the Clean Energy Fuels business getting better or worse? Clean Energy Fuels Corp.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Clean Energy Fuels earn on its capital? Clean Energy Fuels Corp. earned a ROE of −39% in FY25. Its return on capital used (ROIC) is 17.0 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −52.3% net margin and 0.40× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −52.3% net margin × 0.40× asset turnover × 1.87× leverage (assets divided by equity) ≈ −39.1% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: −3.8% − 13.2% = −17.0 percentage points. The 13.2% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The −3.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at −5.1%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Clean Energy Fuels have too much debt? Clean Energy Fuels Corp. has total debt of $323 M against shareholder equity of $559 M as of Jun 2026, so its debt is 0.58× its equity. Year by year, that ratio went from 0.11 in FY21 to 0.58 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Clean Energy Fuels shareholding pattern? 3.3% of Clean Energy Fuels Corp.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 3.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Clean Energy Fuels from balance-sheet trouble? For Clean Energy Fuels Corp., the Z-score is −0.50. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of −0.50 is inside the danger zone, so the balance sheet is a real risk. ## How does Clean Energy Fuels rank in its industry? 32.3 out of 100, rank 15 of 17 in Oil & Gas Refining & Marketing, with 61% of the evidence available. Clean Energy Fuels Corp. scores 32.3 out of 100 against the 17 companies it is compared with in Oil & Gas Refining & Marketing, ranking 15. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 13.4 + 3.3 + 10 + 5.6 = 32.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Clean Energy Fuels compared with? Clean Energy Fuels ranks 15 of 17 Oil & Gas Refining & Marketing companies on the 4-Factor Sector Score, with 32.3 out of 100. 1. [Valero Energy Corporation](https://www.sectoralpha.in/us/stocks/vlo) VLO · leader · Sector-leading setup · 85% evidence 81.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.1/35 · Revenue 27.1% · Profit 100% · Operating margin change 14.2 points · 95% evidence Capital efficiency 20.4/25 · ROCE 22.8% · Operating margin 19.7% · 76% evidence Valuation 13.9/20 · P/E 8.6× · PEG 0.19 · 65% evidence Relative strength 16.9/20 · Lead over its industry 26.7% · Lead over S&P 500 39.7% · 1 year 120.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 30.1 + 20.4 + 13.9 + 16.9 = 81.3 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Marathon Petroleum Corporation](https://www.sectoralpha.in/us/stocks/mpc) MPC · leader · Most evidence points up · 81% evidence 76.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.1/35 · Revenue 15.2% · Profit 100% · Operating margin change 7.8 points · 83% evidence Capital efficiency 17.7/25 · ROCE 18.1% · Operating margin 13.6% · 76% evidence Valuation 12.9/20 · P/E 8.7× · PEG 0.35 · 65% evidence Relative strength 19.7/20 · Lead over its industry 36.9% · Lead over S&P 500 50.8% · 1 year 120.6% · 100% evidence · 12 of 12 weeks ahead Exact sum: 26.1 + 17.7 + 12.9 + 19.7 = 76.4 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Par Pacific Holdings, Inc.](https://www.sectoralpha.in/us/stocks/parr) PARR · turning · Most evidence points up · 74% evidence 69.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.5/35 · Revenue 13.2% · Profit n/a · Operating margin change 16.4 points · 62% evidence Capital efficiency 20.2/25 · ROCE 35.6% · Operating margin 21.1% · 76% evidence Valuation 15.7/20 · P/E 3.3× · PEG 0.18 · 65% evidence Relative strength 9.2/20 · Lead over its industry 3.5% · Lead over S&P 500 14.5% · 1 year 73.2% · 100% evidence · 10 of 12 weeks ahead Exact sum: 24.5 + 20.2 + 15.7 + 9.2 = 69.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [HF Sinclair Corporation](https://www.sectoralpha.in/us/stocks/dino) DINO · leader · Most evidence points up · 74% evidence 66.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.5/35 · Revenue 16.3% · Profit n/a · Operating margin change 7.6 points · 62% evidence Capital efficiency 14.6/25 · ROCE 17.2% · Operating margin 11.7% · 76% evidence Valuation 11.1/20 · P/E 6.6× · PEG 0.96 · 65% evidence Relative strength 18.3/20 · Lead over its industry 33.9% · Lead over S&P 500 47.6% · 1 year 107.1% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.5 + 14.6 + 11.1 + 18.3 = 66.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Phillips 66](https://www.sectoralpha.in/us/stocks/psx) PSX · leader · Evidence leans up · 71% evidence 63.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.8/35 · Revenue 14.4% · Profit 100% · Operating margin change 4.1 points · 83% evidence Capital efficiency 12.4/25 · ROCE 11.1% · Operating margin 8.5% · 76% evidence Valuation 9.7/20 · P/E 9.6× · PEG n/a · 15% evidence Relative strength 16.8/20 · Lead over its industry 24.5% · Lead over S&P 500 38.2% · 1 year 97.1% · 100% evidence · 12 of 12 weeks ahead Exact sum: 24.8 + 12.4 + 9.7 + 16.8 = 63.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [CVR Energy, Inc.](https://www.sectoralpha.in/us/stocks/cvi) CVI · breaking out · Evidence leans up · 74% evidence 62.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.3/35 · Revenue 17.9% · Profit n/a · Operating margin change 8.6 points · 62% evidence Capital efficiency 9.8/25 · ROCE 12.4% · Operating margin 2.8% · 76% evidence Valuation 12.1/20 · P/E 22.1× · PEG 0.34 · 65% evidence Relative strength 16.4/20 · Lead over its industry 20.4% · Lead over S&P 500 33.6% · 1 year 33.3% · 100% evidence · 12 of 12 weeks ahead Exact sum: 24.3 + 9.8 + 12.1 + 16.4 = 62.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [PBF Energy Inc.](https://www.sectoralpha.in/us/stocks/pbf) PBF · leader · Evidence leans up · 74% evidence 61.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.8/35 · Revenue 13.5% · Profit n/a · Operating margin change 10.1 points · 62% evidence Capital efficiency 7.0/25 · ROCE 6.8% · Operating margin 8.8% · 76% evidence Valuation 15.1/20 · P/E 4× · PEG 0.18 · 65% evidence Relative strength 16.6/20 · Lead over its industry 36.7% · Lead over S&P 500 49.9% · 1 year 110.8% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.8 + 7 + 15.1 + 16.6 = 61.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Delek US Holdings, Inc.](https://www.sectoralpha.in/us/stocks/dk) DK · leader · Evidence leans up · 64% evidence 56.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.8/35 · Revenue 11.4% · Profit n/a · Operating margin change 8 points · 62% evidence Capital efficiency 11.6/25 · ROCE 15.5% · Operating margin 7.6% · 76% evidence Valuation 9.5/20 · P/E 13.9× · PEG n/a · 15% evidence Relative strength 13.7/20 · Lead over its industry 24.4% · Lead over S&P 500 37% · 1 year 71% · 100% evidence · 12 of 12 weeks ahead Exact sum: 21.8 + 11.6 + 9.5 + 13.7 = 56.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Ultrapar Participações S.A.](https://www.sectoralpha.in/us/stocks/ugp) UGP · losing its lead · Evidence leans up · 81% evidence 53.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.1/35 · Revenue 10.9% · Profit 17% · Operating margin change 3.5 points · 83% evidence Capital efficiency 18.0/25 · ROCE 20.2% · Operating margin 7.6% · 76% evidence Valuation 12.9/20 · P/E 7.7× · PEG 0.38 · 65% evidence Relative strength 3.4/20 · Lead over its industry -11.7% · Lead over S&P 500 -1.5% · 1 year 36.7% · 100% evidence · 10 of 12 weeks ahead Exact sum: 19.1 + 18 + 12.9 + 3.4 = 53.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Star Group, L.P.](https://www.sectoralpha.in/us/stocks/sgu) SGU · turning · Evidence leans down · 74% evidence 47.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.9/35 · Revenue 7.6% · Profit 27.6% · Operating margin change -3.1 points · 62% evidence Capital efficiency 12.8/25 · ROCE 19.5% · Operating margin -10% · 76% evidence Valuation 15.7/20 · P/E 4.8× · PEG 0.11 · 65% evidence Relative strength 5.9/20 · Lead over its industry -13.4% · Lead over S&P 500 -1.5% · 1 year 11.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 12.9 + 12.8 + 15.7 + 5.9 = 47.3 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 11. [Sunoco LP](https://www.sectoralpha.in/us/stocks/sun) SUN · losing its lead · Evidence leans down · 81% evidence 47.0 out of 100 Growth Capital Valuation Relative
12. [World Kinect Corporation](https://www.sectoralpha.in/us/stocks/wkc) WKC · turning · Evidence leans down · 64% evidence 45.8 out of 100 Growth Capital Valuation Relative
13. [CrossAmerica Partners LP](https://www.sectoralpha.in/us/stocks/capl) CAPL · turning · Evidence leans down · 81% evidence 42.6 out of 100 Growth Capital Valuation Relative
14. [ARKO Petroleum Corp.](https://www.sectoralpha.in/us/stocks/apc) APC · quiet · Too little evidence to rank firmly · 51% evidence 38.7 out of 100 Growth Capital Valuation Relative
15. Clean Energy Fuels Corp. this page CLNE · turning · Most evidence points down · 61% evidence 32.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.4/35 · Revenue 5% · Profit n/a · Operating margin change 4.2 points · 62% evidence Capital efficiency 3.3/25 · ROCE -3.2% · Operating margin -4.8% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 5.6/20 · Lead over its industry -37.4% · Lead over S&P 500 -28% · 1 year -34.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 13.4 + 3.3 + 10 + 5.6 = 32.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 16. [Delek Logistics Partners, LP](https://www.sectoralpha.in/us/stocks/dkl) DKL · quiet · Most evidence points down · 81% evidence 32.1 out of 100 Growth Capital Valuation Relative
17. [Icahn Enterprises L.P.](https://www.sectoralpha.in/us/stocks/iep) IEP · quiet · Most evidence points down · 64% evidence 28.2 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Oil & Gas Refining & Marketing](https://www.sectoralpha.in/us/sectors/oil-gas-refining-marketing), all 17 compared on one page. ## Which companies are close to Clean Energy Fuels in size? Clean Energy Fuels is the 18th largest of 18 Oil & Gas Refining & Marketing companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Delek Logistics Partners, LP, Cosan S.A., World Kinect Corporation, CrossAmerica Partners LP, ARKO Petroleum Corp. and Star Group, L.P. It is the smallest. ### Oil & Gas Refining & Marketing companies close in size

1. [Delek Logistics Partners, LP](https://www.sectoralpha.in/us/stocks/dkl) $3.1 billion
2. [Cosan S.A.](https://www.sectoralpha.in/us/stocks/csan) $2.8 billion
3. [World Kinect Corporation](https://www.sectoralpha.in/us/stocks/wkc) $1.9 billion
4. [CrossAmerica Partners LP](https://www.sectoralpha.in/us/stocks/capl) $809 million
5. [ARKO Petroleum Corp.](https://www.sectoralpha.in/us/stocks/apc) $665 million
6. [Star Group, L.P.](https://www.sectoralpha.in/us/stocks/sgu) $428 million
7. Clean Energy Fuels Corp. $344 million

[All 18 Oil & Gas Refining & Marketing companies, largest first](https://www.sectoralpha.in/us/sectors/oil-gas-refining-marketing#all-companies)

### Companies close in size in other industries

1. [The Hackett Group, Inc.](https://www.sectoralpha.in/us/stocks/hckt) $319 million · Information Technology Services
2. [BrasilAgro - Companhia Brasileira de Propriedades Agrícolas](https://www.sectoralpha.in/us/stocks/lnd) $318 million · Farm Products
3. Clean Energy Fuels Corp. $317 million
4. [Montauk Renewables, Inc.](https://www.sectoralpha.in/us/stocks/mntk) $317 million · Specialty Chemicals
5. [Orion S.A.](https://www.sectoralpha.in/us/stocks/oec) $317 million · Specialty Chemicals

## What else do people ask about Clean Energy Fuels? ### What were Clean Energy Fuels's latest quarterly results? Clean Energy Fuels Corp. reported revenue of $106 M and a net loss of $14.9 M for the Jun 2026 quarter. Earnings per share were −$0.07. The operating margin was −4.8%, 4.2 percentage points higher than a year earlier (as of 3 November 2026). ### What is Clean Energy Fuels's market cap? Clean Energy Fuels Corp.'s market capitalisation is $344 M at a stock price of $1.56. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Clean Energy Fuels performing? Clean Energy Fuels Corp.'s latest readings are below. Over the past 13 weeks it has done better than the S&P 500, for 1 week running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Clean Energy Fuels's stock price go up? This page does not forecast Clean Energy Fuels Corp.'s stock price. What it shows instead: the stock price is $1.56. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Clean Energy Fuels in its business cycle? Clean Energy Fuels Corp.'s FY25 operating margin was −9.7%, against a 5-year range of −37.2% to −6.8%: the middle of its own range, neither a peak nor a low. The latest quarter was −4.8%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Clean Energy Fuels story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Clean Energy Fuels a stock worth studying right now? What the numbers show: Clean Energy Fuels Corp.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.