Clean Energy Fuels Stock Soars 13% Today—Here’s the Turbocharged Reason

Wall Street’s latest adrenaline rush? Clean Energy Fuels stock just rocketed nearly 13% in a single session. While traditional energy plays wheeze under regulatory pressure, this alt-fuel contender’s burning rubber.

The catalyst: No fluke—this surge smells like a structural shift. Short-sellers got steamrolled as institutional money piled into ESG mandates (better late than never, suits).

Behind the numbers: That 13% pop isn’t just retail FOMO—it’s the market finally pricing in what crypto natives knew years ago: disruption compounds faster than dinosaur energy execs can say ‘stranded assets.’

Cynical footnote: Watch the ‘sustainable’ hedge funds now fall over themselves to justify missing this rally—after triple-leveraging into oil sands last quarter.

Confidence renewed after results published

Clean Energy Fuels' second quarter saw the company post revenue of $102.6 million, which was nearly 5% higher on a year-over-year basis. Non-GAAP (adjusted) net income fell to $337,000, shaking out to less than $0.01 per share.

Image source: Getty Images.

Despite the bottom-line decline, analysts were expecting notably worse results. On average, they were modeling slightly over $94 million for revenue and a net loss of $0.06 per share. In its earnings release, Clean Energy Fuels CEO Andrew Littlefair said, "RNG remains the most immediate and cost-effective clean transportation fuel, as we see continued strong demand reflected in our solid second quarter results."

Littlefair also pointed out that the government's recently passed "big, beautiful bill" supports the RNG market. Its extension of the clean fuel production tax credit should be a boon for RNG producers and suppliers.

Powering big fleets

Clean Energy Fuels is doing quite well in its rather limited niche, and during the quarter, it executed new supply arrangements with a number of municipal transit fleets, including LA Metro in Los Angeles. Such customers tend to be long-term and reliable, so it'll be worthwhile for investors to keep an eye on how the segment continues to develop for the company.