Overview
Clean Energy Q2 2025 revenue rises to $102.6 mln, beating analyst expectations
Adjusted EBITDA for Q2 2025 exceeds analyst estimates, reaching $17.5 mln
RNG gallons sold increased by 7.5% compared to Q2 2024
Outlook
Clean Energy expects 2025 GAAP net loss of $217 mln to $212 mln
Company projects 2025 adjusted EBITDA between $60 mln and $65 mln
Company notes potential market condition impacts on 2025 results
Result Drivers
RNG SUPPLY AGREEMENTS - New RNG supply agreements with transit fleets and municipalities expected to provide over 20 mln gallons annually
AMAZON WARRANT CHARGES - Higher Amazon warrant charges impacted net loss, reflecting increased fuel volumes sold to Amazon
RNG SALES INCREASE - RNG gallons sold rose by 7.5% compared to Q2 2024
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$102.60 mln
$100.30 mln (7 Analysts)
Q2 Adjusted EPS
-$0.07 (6 Analysts)
Q2 EPS
-$0.09
Q2 Adjusted Net Income
Beat
$337,000
-$16.70 mln (6 Analysts)
Q2 Net Income
-$20.24 mln
Q2 Adjusted EBITDA
Beat
$17.51 mln
$11 mln (7 Analysts)
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the oil & gas refining and marketing peer group is "hold."
Wall Street's median 12-month price target for Clean Energy Fuels Corp is $4.00, about 49.3% above its August 6 closing price of $2.03
Press Release: ID:nBwbN3RkPa
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)