Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets in the United States and Canada. The company supplies compressed natural gas (CNG), liquefied natural gas (LNG), and renewable natural gas (RNG) for light, medium, and heavy-duty vehicles. It also designs, builds, operates, services, repairs, and maintains fueling stations. In addition, the company manufactures, sells, and services non-lubricated natural gas fueling compressors and other equipment used in CNG stations and LNG stations; provides assessment, design, and modification solutions to operators with code-compliant service and maintenance facilities for natural gas vehicle fleets; transports and sells CNG to industrial and institutional energy users; and processes and sells RNG, which is used as vehicle fuel. Further, it sells tradable credits comprising natural gas and RNG as a vehicle fuel, such as Low Carbon Fuel Standards and Renewable Identification Numbers Credits; and helps its customers in acquiring and financing natural gas vehicles, as well as obtaining federal, state, and local tax credits grants and incentives. The company serves heavy-duty trucking, airport, refuse, and public transit markets; and industrial and institutional energy users, as well as government fleets. As of December 31, 2015, it served approximately 986 fleet customers operating approximately 44,152 natural gas vehicles; and owned, operated, or supplied approximately 570 natural gas fueling stations in 42 states in the United States, as well as British Columbia and Ontario in Canada. The company was incorporated in 2001 and is headquartered in Newport Beach, California.
Thursday, September 01 2016 6:00 AM, EST Clean Energy Wins CNG Contract with Washington Metropolitan Area Transit Authority; Applauds Passage of Landmark California Clean Air Laws Business Wire "Press Releases - English" NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Clean Energy Fuels Corp. (NASDAQ: CLNE) announced that it has been awarded a multi-year contract for Washington Metropolitan AreaTransit Authority (WMATA), which provides transit services to more than 4 million people across the National Capital Region. The contract covers two transit stations that supply over 580 compressed natural gas (CNG) transit vehicles and represents approximately 6 million Gasoline Gallon Equivalents (GGEs) per year.
One could have made a huge profit ! Total got 25% of the shares; but I am wondering what else is causing this and where it will end! But it seems no one is really following this stock. I find it weird since it is a huge company and the biggest in terms of natural gas in the USA (if I am not mistaken).
