Friday, March 7, 2014

Clean Energy: Heading Towards Flop Of The Year


In what has become a quarterly tradition, Clean Energy (CLNE) reported Q413 results that generally disappointed the market. With the promise of the new Cummins (CMI) - Westport (WPRT) 12-liter engine opening up the long haul, heavy-duty truck markets, investors had long expected an earnings call by early 2014 to contain some outlandish growth figures and expectations. Instead, the company delivered more promises of a developing market while providing little actual results.

Along with Westport Innovations, Clean Energy offers investors potential huge returns from developing natural gas as a transportation fuel in the refuse, airport, and trucking industries, yet the end results are continued losses. At the same time, Tesla Motors (TSLA) has greatly revolutionized the electric car market, pushing the stock to the stratosphere. Ironically, more issues exist with a electrical vehicle that still uses a coal based power generation system and limited charging options, yet a visionary leader as managed to convince the market and automobile buyers.

Read the full article at Seeking Alpha.


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