Settle Down, Investors: Clean Energy Fuels' Q4 Wasn't That Bad

By Erin Kennedy and Sara Hov – Feb 28, 2014 at 3:00PM

NASDAQ: CLNE

Clean Energy Fuels

Market Cap

$493M

Today's Change

(4.53%) $0.10

Current Price

$2.31

Price as of April 23, 2024, 4:00 p.m. ET

Shares are taking it on the chin today as investors react to Clean Energy Fuels' earnings report.

Clean Energy Fuels (CLNE 4.53%) reported fourth-quarter and full-year earnings after the bell yesterday, and shares are being punished in Friday trading.

Motley Fool analyst Sara Hov explains that it's likely an overreaction. The year-ago quarter benefited from a one-time bump in top-line growth, so the most recent quarter was up against a tough comparison. Overall, revenue and volumes were positive, so Sara considers it a good quarter. Additionally, Clean Energy Fuels is pursuing major contracts both domestically and abroad.

Clean Energy Fuels has dramatically underperformed the broader market in the past year, but Sara believes the long-term bull thesis for the company remains intact.

Erin Kennedy and Sara Hov have no position in any stocks mentioned. The Motley Fool recommends Clean Energy Fuels. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.