NASDAQ$CLNE
Clean Energy Fuels Corp · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Clean Energy's Q4 2021 earnings were announced, revealing a revenue increase driven by higher demand for RNG and overall volume growth, despite non-cash charges related to Amazon warrants.
Clean Energy Fuels Corp. reported a revenue of $91.9 million for Q4 2021, representing a 22.6% increase compared to Q4 2020. The increase was driven by higher demand for RNG, with total delivered gallons reaching 104.6 million. However, the company reported a net loss of $2.4 million, impacted by Amazon warrant charges.
- Delivered 104.6 million gallons, a 9% increase from Q4 2020.
- RNG delivery increased by 9% to 44.9 million gallons.
- Revenue reached $91.9 million, a 22.6% increase year-over-year.
- Net loss attributable to Clean Energy was $2.4 million, or $(0.01) per share.
Headline financials
Revenue & EPS history
Clean Energy · Revenue · Quarterly
$91.9M
Revenue by segment
Clean Energy · $8.9M total across 2 segments · Q4 2021
- AFTC$5.7M+14.0%64.0%
- Station Construction Sales$3.2M-54.9%36.0%
Forward guidance
Clean Energy provided its outlook for 2022, expecting a GAAP net loss of approximately ($57) million and Adjusted EBITDA of $65 million.
Tailwinds
- Adjusted EBITDA for 2022 is estimated to be $65 million.
- Expects to maintain volume growth and customer expansion.
- Focus on RNG development and supply.
- Continued leadership in clean transportation.
- Strong demand for RNG from key customers.
Headwinds
- GAAP net loss for 2022 is expected to be approximately ($57) million.
- Loss estimate includes Amazon warrant charges estimated to be $44 million.
- Changes in diesel and natural gas market conditions could affect GAAP net loss.
- Significant variations in the vesting by Amazon of the Amazon warrants could affect the Company’s estimated GAAP net loss for 2022.
- Expectations exclude the impact of any acquisitions, divestitures, new joint ventures, transactions or other extraordinary events including a deterioration in, slower or lack of any recovery from the COVID-19 pandemic.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2021
-1.7%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+2.4%
Avg return
30 days after
40%
26 / 65 earnings
Positive
+31.5%
Q4 2018
Best reaction
-26.3%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.7% | -8.5% | -13.8% | |
| Q4 2025 | -6.7% | -9.8% | +2.0% | |
| Q3 2025 | -15.9% | -15.5% | -17.6% | |
| Q1 2025 | -6.0% | +13.5% | +6.4% | |
| Q4 2024 | -25.5% | -24.7% | -35.8% | |
| Q3 2024 | +5.2% | +0.0% | -10.6% | |
| Q2 2024 | +19.8% | +13.7% | +7.3% | |
| Q1 2024 | +5.1% | +16.5% | +24.1% | |
| Q4 2023 | -1.4% | +2.0% | -9.5% | |
| Q3 2023 | -6.1% | -1.7% | -2.2% | |
| Q2 2023 | -7.5% | -8.2% | -2.9% | |
| Q1 2023 | +3.8% | +1.4% | +3.0% | |
| Q4 2022 | -15.3% | -12.9% | -23.9% | |
| Q3 2022 | +2.2% | +13.3% | -16.6% | |
| Q2 2022 | +17.9% | +19.3% | -3.0% | |
| Q1 2022 | -18.3% | -32.8% | -10.0% | |
| Q4 2021 | +15.6% | +23.6% | +31.8% | |
| Q3 2021 | -8.7% | -0.3% | -32.6% | |
| Q2 2021 | +8.9% | +18.5% | +14.6% | |
| Q1 2021 | -16.2% | -18.9% | -11.6% | |
| Q4 2020 | +26.9% | +38.8% | +22.3% | |
| Q3 2020 | -1.2% | +11.4% | +75.1% | |
| Q2 2020 | +4.6% | -1.8% | -9.2% | |
| Q1 2020 | +4.7% | +3.0% | +18.4% | |
| Q4 2019 | -26.3% | -11.7% | +4.5% | |
| Q3 2019 | -6.7% | -6.7% | -11.2% | |
| Q2 2019 | -9.8% | -16.4% | -20.7% | |
| Q1 2019 | -4.8% | -8.1% | -18.1% | |
| Q4 2018 | +31.5% | +22.1% | +47.3% | |
| Q3 2018 | +11.9% | +0.4% | -10.6% | |
| Q2 2018 | -10.5% | -1.8% | -2.2% | |
| Q1 2018 | +2.6% | +7.3% | +56.0% | |
| Q4 2017 | -1.4% | +8.2% | +14.4% | |
| Q3 2017 | -14.7% | -14.1% | -7.9% | |
| Q2 2017 | -9.1% | -10.9% | -7.9% | |
| Q1 2017 | +2.9% | +4.1% | +1.7% | |
| Q4 2016 | -4.1% | -3.7% | -5.9% | |
| Q3 2016 | -16.6% | -12.0% | -14.6% | |
| Q2 2016 | +17.5% | +20.6% | +61.9% | |
| Q1 2016 | +13.3% | — | — | |
| Q4 2015 | +7.3% | — | — | |
| Q3 2015 | -9.4% | — | — | |
| Q2 2015 | -11.8% | — | — | |
| Q1 2015 | -1.8% | — | — | |
| Q4 2014 | +14.5% | — | — | |
| Q3 2014 | +3.0% | — | — | |
| Q2 2014 | -1.0% | — | — | |
| Q1 2014 | +9.2% | — | — | |
| Q4 2013 | -13.1% | — | — | |
| Q3 2013 | +3.7% | — | — | |
| Q2 2013 | +2.5% | — | — | |
| Q1 2013 | -4.8% | — | — | |
| Q4 2012 | +3.0% | — | — | |
| Q3 2012 | +8.6% | — | — | |
| Q2 2012 | -2.4% | — | — | |
| Q1 2012 | -2.9% | — | — | |
| Q4 2009 | -7.0% | — | — | |
| Q4 2011 | -7.0% | — | — | |
| Q3 2011 | -3.5% | — | — | |
| Q3 2010 | -3.5% | — | — | |
| Q4 2010 | -13.5% | — | — | |
| Q2 2010 | -13.5% | — | — | |
| Q2 2011 | -13.5% | — | — | |
| Q1 2011 | -1.8% | — | — | |
| Q1 2010 | -17.9% | — | — |
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