Coming Soon: More Losses At Clean Energy Fuels
The promise of a national natural gas highway continues to be a money-losing ordeal for Clean Energy Fuels Corp. (CLNE). The company reports Q4 2012 earnings on February 28th and analysts have become increasingly bearish over the last few weeks. A big concern with the stock remains that the company has been unable to establish a large market while the natural gas fuel is extremely cheap.
Per the company, it is the largest provider of natural gas fuel for transportation in North America and a global leader in the expanding natural gas vehicle fueling market.
A key component to the Q4 earnings report will be an update on the natural gas highway and the natural gas engines being built to support the use of the highway by long-haul trucking industry.
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