Top 5 Rising Companies To Buy For 2015: Clean Energy Fuels Corp.(CLNE)
Clean Energy Fuels Corp., together with its subsidiaries, provides natural gas as an alternative fuel for vehicle fleets in the United States and Canada. The company designs, builds, operates, and maintains fueling stations, as well as supplies compressed natural gas (CNG) and liquefied natural gas (LNG) fuel for medium and heavy-duty vehicles. Its CNG is used in automobiles, light to medium-duty vehicles, refuse trucks, and transit buses as an alternative to gasoline and diesel. The company also sells non-lubricated natural gas compressors and related equipment used in CNG and LNG stations; and produces renewable natural gas, which is used as vehicle fuel or sold for power generation. In addition, it offers vehicle finance services for the purchase of natural gas vehicles, as well as for the conversion of gasoline or diesel powered vehicles to operate on natural gas. Further, the company provides natural gas conversions, alternative fuel systems, application engineering, service and warranty support, and research and development services for natural gas vehicles. As of December 31, 2011, it served approximately 530 fleet customers with approximately 25,000 natural gas vehicles; and owned, operated, or supplied 273 natural gas fueling stations in 23 states within the United States, and British Columbia and Ontario within Canada, as well as in Peru. Clean Energy Fuels Corp. was incorporated in 2001 and is headquartered in Seal Beach, California.
Advisors' Opinion:- [By Rick Munarriz]
I went out on a limb last week, and now it's time to see how that decision played out.
I predicted that Clean Energy Fuels (NASDAQ: CLNE ) would close higher on the week. The provider of natural gas fueling solutions for transportation has been posting narrowing losses, and Wall Street was eyeing a 35% surge in revenue. The company was a solid report. Revenue came in a little light, but bot! tom-line results improved nicely. Shares of Clean Energy Fuels moved slightly higher on the week. I was right. I predicted that the tech-heavy Nasdaq would outperform the Dow Jones Industrial Average. (DJINDICES: ^DJI ) . This has been a tricky call lately, so how did it play out this time? Well, the market had a strong run this week, fueled be encouraging economic news. Secondary stocks led the way, with the Nasdaq soaring 1.7% on the week. The Dow managed to close just 1% higher. I was right. My final call was for Compass Diversified Holdings (NYSE: CODI ) to beat Wall Street's quarterly profit target. The investor in several middle-market companies has been posting blowout quarterly results over the past year, and I was banking on seeing the trend continue. Analysts were looking for a profit of $0.36 a share during the quarter, but Compass Diversified failed to beat the prognosticators. I was wrong.Two out of three? I'll take it. That makes me eight of nine over the past three weeks.
- [By Tyler Crowe]
Let's take, for example, natural gas vehicles. Clean Energy Fuels (NASDAQ: CLNE ) , the nation's largest fueling station network, has about 360 stations. The problem, though, is that just isn't enough to make it convenient enough for every day drivers to make the switch. According to the Petroleum Marketers Association of America, the point at which natural gas vehicles can be adopted on a large scale is about 53,000 fueling stations, so we are about 2.2% to the point where you or I could seriously consider a natural gas vehicle without the inconvenience of driving around for half the day to find a fueling station.
- [By Matt DiLallo]
It's already sold a slice of its Mississippian acreage to a Chinese company and is planning to sell its stake in the champion of natural gas as atransportationfuel, Clean Energy Fuels (NASDAQ: CLNE ) . The problem with these asset sales is that everyone knows that Chesapeak! e needs t! he money, so it's not going to get full value for the assets. The bottom line is that you simply cannot run a company on asset sales alone, especially when a heavy debt load is behind those forced sales. Until Chesapeake Energy can live within its cash flows, the company's stock will likely be weighed down.
source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-5-rising-companies-to-buy-for-2015-2.html
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