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  • Clean Energy Fuels Likely To Rally Strongly Through Year End [View article]
    In CLNE's most recent quarter, they delivered 68.6 gge which was up 22% from deliveries one year ago. Annualized, 68.6 gge is 274.4 (68.6 x 4 = 274.4). At a 22% growth rate, it will take less than two years to exceed 400 gge (274.4 x 1.22 x 1.22 = 408.4). At September 30, 2014, CLNE had cash on hand and short-term investments of $265.1 million. Through the first nine months of 2014, CLNE operations consumed $56.4 million. Thus, at their current burn rate, CLNE has sufficient cash to last 3.5 years (265.1/[56.4/.75]) -- but, of course, as they deliver more gallons, their burn rate will fall... so actually they have five or more years of cash available.

    You are absolutely positively wrong, paterno. 400 million gge is not "a very long way off"; it is probably about two years off. And it is not "much longer than their cash burn permits" -- they have plenty of cash.
    Oct 30 05:27 PM | 3 Likes Like |Link to Comment
  • Clean Energy Fuels Likely To Rally Strongly Through Year End [View article]
    I find it ironic that you began your criticism of CLNE some time ago by questioning the ethics and honesty of T Boone Pickens, but now you've fallen into the same type of behavior you used to accuse him of. If you dispute facts, dispute them -- but simple name-calling with no evidence or facts to support your arguments makes you look uninformed.
    Oct 30 11:12 AM | 1 Like Like |Link to Comment
  • Is Disney Still A Buy At Almost $90? [View article]
    Good article. The key to valuation is future earnings growth. Using the Graham method, if you accept analyst consensus that earnings growth over the next 5 years will be 16.3%, you would conclude (as you did) that Disney's value is a little more than twice its current price. However, if the growth rate is only 8% over the next 5 years, then Disney has already reached its fair value.

    To really ascertain whether Disney is a good buy, I think you therefore need to really look deeply at sources of revenues and earnings to examine risks associated with sustaining this growth rate.
    Oct 29 09:17 AM | Likes Like |Link to Comment
  • Clean Energy Fuels Likely To Rally Strongly Through Year End [View article]
    You take the prize for the most bizarre imagination on anything having to do with CLNE, paterno. You think a two sentence comment among 90+ comments is an effort to "pump" the stock?? You imagine that all my purchases of CLNE are underwater?? You imagine that anyone who is long on CLNE must be desperate, instead of enjoying this opportunity to accumulate a stock that will appreciate long-term?? You imagine that Wheeler selling his holdings so that he has cash to exercise his next option and increase his ownership of CLNE is actually a sell signal?? You imagine that T Boone Pickens is evil and trying to get you?? Please keep posting, paterno, you're always good for a laugh.
    Oct 26 09:35 AM | 6 Likes Like |Link to Comment
  • Clean Energy Fuels Likely To Rally Strongly Through Year End [View article]
    CLNE reported a fantastic quarter. Growth continues at a substantial rate and management reports they have adequate cash on hand with little worry about debt -- I am very bullish on CLNE going forward.
    Oct 23 11:56 PM | 4 Likes Like |Link to Comment
  • Clean Energy Fuels Likely To Rally Strongly Through Year End [View article]
    I think we're two years from profitability; would be very surprised if this word comes up in the conference call. OTOH, positive EBITDA might come up.
    Oct 23 09:23 AM | 1 Like Like |Link to Comment
  • Clean Energy Fuels Likely To Rally Strongly Through Year End [View article]
    The brief answer is "yes". The longer answer is:

    * I think natural gas will become more widely used as a fuel for transportation and industry,

    * CLNE is positioned as the leading retailer of natural gas fuel,

    * CLNE is likely to continue growing at 20%+ annually,

    * Once CLNE becomes cash flow positive in approximately two years, there will be virtually no short sellers and its market capitalization will enjoy high multiples,

    * The adoption of LNG by Class 8 trucks is still a wild card, but Class 8 trucks buy about $30 billion of diesel annually in the U.S. and if LNG gets any significant traction, CLNE stock could be worth hundreds of dollars in a few years,

    * Judging by the accelerated earnings announcement date, and today's press release reporting 43 new fleet customers in the third quarter alone, we are going to be pleasantly surprised by the third quarter growth rate, and

    * Based on all of the above, the chances of a short squeeze in the next few weeks are pretty darn good -- which should lead to a very nice bounce in the stock price.
    Oct 22 10:49 PM | 3 Likes Like |Link to Comment
  • Clean Energy Fuels Likely To Rally Strongly Through Year End [View article]
    CLNE announces 43 new fleet customers were added in the 3rd quarter: http://bit.ly/1tcoRBw
    Oct 22 02:34 PM | 1 Like Like |Link to Comment
  • Clean Energy Fuels Likely To Rally Strongly Through Year End [View article]
    Correct me if I'm wrong, but if you assume each OTR truck consumes 20,000 gallons per year, 1,000 trucks will add only 5 million per quarter or 20 million per year.
    Oct 20 10:35 AM | 1 Like Like |Link to Comment
  • Clean Energy Fuels Likely To Rally Strongly Through Year End [View article]
    I expect CLNE to report deliveries of about 70 million gallons in the third quarter. This is an annualized rate of 280 million. With deliveries growing by ~20% annually (~+60 million/annually), 400 million is not very far in the future -- in fact, about 2 years in the future.
    Oct 20 08:48 AM | 1 Like Like |Link to Comment
  • Clean Energy Fuels Likely To Rally Strongly Through Year End [View article]
    NEWPORT BEACH, Calif. — October 15, 2014 — Clean Energy Fuels Corp. (NASDAQ: CLNE) today reported it delivered for the first time over 50 million compressed natural gas (CNG) gallons in one quarter. The company plans to grow its CNG sales further with a strategic move to expand its CNG market to large industrial and institutional energy users beyond the nation’s natural gas pipeline by acquiring a controlling interest in NG Advantage LLC, a pioneer in the natural gas “virtual pipeline” delivery system. The NG Advantage investment will primarily be used to fund capital expenditures for expansion and growth in the business. Clean Energy will also purchase NG Advantage’s Milton, Vt., compression station which is on track to supply nearly 16 million gasoline-gallon-equiva... (GGEs) of CNG annually. This station will immediately become Clean Energy’s highest-volume station in its nationwide network of almost 500 stations.

    “The NG Advantage purchase is a perfect example of Clean Energy’s focus on aggressively pursuing new market opportunities to help rapidly grow our CNG gas sales,” said Andrew J. Littlefair, President and CEO of Clean Energy. “Our record growth in overall delivered gallons combined with the new market reach of NG Advantage positions Clean Energy to keep growing as our trucking business develops.”

    Littlefair added, “We immediately recognized the potential in NG Advantage as a powerful partnership combining Clean Energy’s leadership in natural gas fueling and compressor technology with NG Advantage’s market presence and pioneering delivery system. NG Advantage’s groundbreaking ‘virtual pipeline’ currently brings natural gas to new markets in the Northeast with the potential of expanding to other areas in North America that do not have direct access to natural gas pipelines.”

    NG Advantage’s founder and president, Tom Evslin, will remain with the company as CEO and its second largest investor, and will continue to oversee operations from its Milton offices. Founded less than four years ago, the company and the acceptance of the “virtual pipeline” have grown rapidly. As a result of this partnership, Clean Energy expects a significant increase in delivered CNG volume day one and forecasts rapid growth as NG Advantage expands with Clean Energy’s existing station network and new stations built with compressors from its IMW subsidiary.

    “Rising and unpredictable fuel costs have made it exceptionally difficult for manufacturers and facilities without access to the nation’s natural gas pipeline network to compete in an increasingly competitive marketplace,” said Evslin. “NG Advantage is forging a new industry which meets this need, and the partnership with Clean Energy ensures our customers will be working with the most experienced natural gas fuel provider at every step in the process. Clean Energy had the foresight to establish the country’s largest network of compression stations. Although they were originally built for vehicle fueling, they compress gas to exactly the pressure we need to fill our trailers and we expect many will be suitable for co-location. We look forward to using this network to rapidly bring the benefits of natural gas to enterprises beyond the pipeline nationwide.”

    Founded in 2011, NG Advantage has created a new industry transporting CNG in high-capacity trailers to large industrial and institutional energy users such as hospitals, food processors, manufacturers and paper mills. The CNG is transported in its fleet of tanker trucks, offloaded and used to replace fuel-oil and propane which can save customers up to 40 percent on fuel costs while reducing greenhouse gas emissions by up to 26 percent. Companies burning coal can reduce their CO2 emissions by 50% when converting to natural gas.

    NG Advantage has exclusive long-term contracts with more than 20 energy-intensive organizations served by its Milton, Vt., compression facility and the newly-opened Pembroke, N.H., facility. The Pembroke facility utilizes six IMW compressors which can fill approximately 3,500 CNG gallons per hour. The facility is owned and operated by Clean Energy.
    Oct 15 12:37 PM | 2 Likes Like |Link to Comment
  • Clean Energy Fuels Likely To Rally Strongly Through Year End [View article]
    Good points, whassup. I should have noted in the article that 2013 revenues included some substantial revenue sources that no longer exist. There are also a couple of other things that are in CLNE's favor which I didn't address in the article.

    First, it is worth noting that, as a retailer, CLNE's gallon equivalents delivered is perhaps more important than total revenues. CLNE may earn a margin of $0.28 to $0.30 per gallon delivered even if the value of the gallon decreases from, say, $3.00 to $2.50; thus, revenues could decline while margins improve (because volume increases more than price per unit falls).

    Second, it is also noteworthy that CLNE's stock price has been punished as though they are a producer of natural gas when actually they are a retailer. A producer of natural gas is going to be impacted more by falling natural gas prices than a retailer of natural gas.

    Finally, falling diesel and natural gas prices are not necessarily bad for CLNE so long as the spread remains the same. Freightliner has a cool website for calculating how much money truckers can save by switching to CNG or LNG: http://bit.ly/1gpWozu.
    Oct 13 12:15 PM | 3 Likes Like |Link to Comment
  • Clean Energy Fuels Likely To Rally Strongly Through Year End [View article]
    I disagree. The CFO has been selling shares before exercising new options for many years; this was not a new or significant event. However, I will admit that it is possible that some investors did not recognize that this was happening and misinterpreted the event as an insider sell.
    Oct 12 08:16 PM | 1 Like Like |Link to Comment
  • Clean Energy Fuels Likely To Rally Strongly Through Year End [View article]
    Paterno: 400 million gallons delivered is a ridiculous assertion. In a previous article (now embargoed to the Pro section), I provided detailed analysis concluding that CLNE would achieve positive cash flow (including interest on debt) at 130 million. The company has hinted in its last quarterly profit that they are nearing positive "adjusted EBITDA".
    Oct 12 07:07 PM | 6 Likes Like |Link to Comment
  • Clean Energy Fuels Is A Terrific Buy On The Pullback [View article]
    You seem to have a problem with reading comprehension, paterno. AMAVF is up over 600% since I wrote my first article. HTCH increased over 300%. And, apparently it's not just my articles that you don't seem to be able wrap your mind around: this very thread began when you reported that CLNE's CFO Wheeler was bailing out of CLNE -- when actually he was just doing what he's been doing for many years, selling his matured options and then increasing his position. You have no clue what you're talking about.
    Oct 8 12:30 AM | 1 Like Like |Link to Comment
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