Clean Energy Fuels Q3 Earnings Call Highlights
Detailed summary
Clean Energy Fuels (NASDAQ:CLNE) raised its 2026 adjusted EBITDA outlook after a stronger-than-expected clean fuel tax credit value helped lift third-quarter results. The…
Clean Energy Fuels (NASDAQ:CLNE) raised its 2026 adjusted EBITDA outlook after a stronger-than-expected clean fuel tax credit value helped lift third-quarter results.
The renewable natural gas supplier reported revenue of $112 million and adjusted EBITDA of $27.2 million for the quarter ended September 30. It increased its full-year adjusted EBITDA guidance by $5 million to a range of $75 million to $80 million.
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President and CEO Clay Corbus said both the company's RNG production and fueling businesses performed well, while developments involving the Section 45Z Clean Fuel Production Credit improved the outlook for the remainder of the year.
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