I wish I could say that Clean Energy Fuels Corp. (NASDAQ:CLNE), down some 75% since its spring 2015 high, was an outlier in the energy sector. Alas, we all know that isn't the case. While the company has no direct ties to oil prices, it does deal with what could be considered a substitute: natural gas -- more specifically, compressed natural gas (CNG), liquefied natural gas (LNG), and other alternative fuels that are used across the nation to power buses, garbage and cargo trucks, and a myriad of other transportation options.
Both CNG and LNG offered major cost savings as well as environmental advantages to Clean Energy's customers -- at least until the price of a barrel of crude plunged from around $100 to around $30. This shift in the attractiveness of using natural gas as a fuel, coupled with the inherent gamble associated with switching a fleet of commercial vehicles from diesel to natural gas, has pushed Clean Energy's shares into the bargain bin.
Despite its current travails, Clean Energy Fuels has a few things going for it. The slideshow below highlights five key facts that current and prospective shareholders need to know.
Sean O'Reilly has no position in any stocks mentioned. The Motley Fool recommends Clean Energy Fuels. Try any of our Foolish newsletter services free for 30 days. 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.