Incorporating in 2001, Clean Energy Fuels (Nasdaq: CLNE ) has taken great strides toward profitability but has yet to reach positive EPS in its first 11 years. Revenue has been on a nice upward trajectory over the past few years, and we see some interesting tailwinds that could help this trend continue and possibly lead to a profitable venture.
With the rest of the world as a blueprint for success, currently counting around 14.6M natural gas powered cars internationally, CLNE should have a few case studies from which to learn and build its strategy around. Wisely, it has initially decided to target the trucking and fleet services industries with its natural gas terminals and has had some great success with its partnerships. With these partnerships in place, and companies like Chrysler and Honda Motors rolling out the first NG-powered vehicles marketed toward consumers in the U.S., CLNE could start to see its customer base begin to materialize.
With momentum potentially starting to build behind CLNE, now is the perfect time to get to know its business and consider it for addition to your diversified portfolio. Peter Lynch wisely said, "Invest in what you know." Which is why you should utilize our brand-new report on CLNE to get a more in-depth look at what makes this company a possible lucrative investment. Just click here to get started.