Investor Relations

Investor FAQs


The company went public on May 25, 2007.

Clean Energy trades on the Nasdaq National Market System under the symbol "CLNE".

No, the Company has not issued preferred stock.

No, the Company does not currently pay a dividend.

Clean Energy does not offer a direct stock purchase plan at this time.

As of September 30, 2016, there were 112,819,041 shares outstanding.

December 31.

The 2017 Annual Meeting of Stockholders of Clean Energy Fuels Corp. will be held on Wednesday, May 24, 2017, at 9:00 a.m. Pacific Time at 4685 MacArthur Court, Suite 350, Newport Beach, California 92660 or accessed virtually at


Tony Kritzer
Director of Investor Relations

Jason Johnston
Public Relations Manager

Computershare Trust Company, N.A.
800-962-4284 or 303-262-0600

KPMG, LLP is the accounting firm.

Because approximately half of our sales contracts are structured on an index-plus methodology, whereby we add a fixed margin to the market price of natural gas we pay to purchase the natural gas we ultimately sell to our customers, we like to point out that although tracking revenue growth is important, it is not perfectly indicative of how our business is performing. In our business, the market price of natural gas can have a big impact on the revenue we earn related to these contracts, while at the same time not having any impact on the margin we earn on these contracts. I am now going to walk you through an example that demonstrates this point. For simplicity, all the amounts below are for illustrative purposes only and are not indicative of past or anticipated future results.

Market and Contract Assumptions

  Base Case Scenario 1 Scenario 2
Market price of natural gas per gallon ("Index") $1.00 $.50 $1.50
Other direct costs per gallon related to gas sale $.50 $.50 $.50
Margin (or "Plus") component of sales contract per gallon $.90 $.90 $.90

Financial Results

  Base Case Scenario 1 Scenario 2
("Index + "Margin")
$1.90 $1.40 $2.40
Cost of Sales
("Index" + other direct costs)
$1.50 $1.00 $2.00
Net Margin Results $.40 $.40 $.40

As you can see, in Scenario 1 revenue goes down 26% from the Base Case, and in Scenario 2, revenue goes up 26% from the Base Case, but our net margin results are the same in all three examples. Consequently, based on the impact these contracts have on our overall financial results, we believe our margin results are more indicative of our financial performance than revenues, which is why we focus so heavily on this metric.

If you would like to be added to Clean Energy's email distribution, you can click on the following link, and fill out the form for the desired email alerts, which will be sent to you automatically following completion of the form.

Click on and either launch the PDF file, or click on the briefcase icon and then click on the envelope icon and type in your email address. A color copy of the annual report will be immediately delivered to your in box.

Please submit your question using the form below.

* Indicates required field
back to top