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Actionable news in CLNE: Clean Energy Fuels Corp.,

Clean Energy Fuels Surprises Again; More Surprises To Come?


Margins jump despite low fuel prices.

Near-term catalysts may catapult both Clean Energy Fuels and Westport (WPRT).

Without catalysts, Clean Energy on cusp of sustained profitability.

The upshot for Clean Energy Fuels (NASDAQ:CLNE):

Third profitable quarter in a row.

Revenues increased by 24% year-over-year, and their gross margins increased by over 20%. That is a surprisingly large increase in margin from a year ago, when fuel prices were much higher. SG&A and Capital expenditures are down.

Strong station construction indicates that natural gas fueling is still spreading in popularity. Station construction will accelerate in the second half of the year substantially.

This quarter the company realized a 10.1 million dollar gain from its debt repayment. This is real money, but will likely not happen again next quarter, even though such gains have been realized the last two quarters.

So, without these gains, CLNE would have lost about 6 cents this quarter and about 13 cents in the previous quarter.

One can see that the...