Topic: How To Invest

Good morning. Could I please have your opinion on Clean Energy Fuels?

Article Excerpt

Clean Energy Fuels Corp., $11.69, symbol CLNE on Nasdaq (Shares outstanding: 89.9 million; Market cap: $1.1 billion; www.cleanenergyfuels.com), is a North American seller of compressed natural gas (CNG) and liquefied natural gas (LNG). Its customers operate natural-gas-powered vehicles in the refuse, transit, ports, shuttle, taxi, regional trucking, airport and municipal fleet markets. California-based Clean Energy first sold shares to the public for $12 each and began trading on Nasdaq in May 2007. Billionaire financier and hedge fund operator T. Boone Pickens owns 20% of Clean Energy’s shares. The company provides natural gas to over 650 fleet customers with over 30,600 vehicles through 224 natural gas fuelling stations across Canada and the U.S. In the three months ended March 31, 2014, Clean Energy’s revenue rose 2.4%, to $95.3 million from $93.0 million a year earlier. The company lost $0.30 a share in the latest quarter, compared to a $0.04-a-share loss. Clean Energy’s $549.8 million of long-term debt is a high 50% of its $1.1-billion market…