Clean Energy Appoints Clay Corbus as CEO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 23 2026
0mins
Should l Buy CLNE?
Clean Energy Fuel announced that its Board of Directors has appointed Clay Corbus as President and Chief Executive Officer, effective immediately. Corbus also joins Clean Energy's board as he succeeds Andrew Littlefair, Clean Energy's co-founder and CEO who has been at the helm of the company for 30 years. Littlefair will transition from his executive role to serve the company as a non-employee government relations consultant. He will continue to serve on Clean Energy's Board of Directors.
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Analyst Views on CLNE
Wall Street analysts forecast CLNE stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 2.210
Low
4.00
Averages
4.00
High
4.00
Current: 2.210
Low
4.00
Averages
4.00
High
4.00
About CLNE
Clean Energy Fuels Corp. is a renewable energy company. The Company is engaged in the business of selling renewable and conventional natural gas as alternative fuels for vehicle fleets and related fueling solutions to its customers, primarily in the United States (U.S.) and Canada. Its principal business is supplying renewable natural gas (RNG) and conventional natural gas, in the form of compressed natural gas (CNG) and liquefied natural gas (LNG), for medium and heavy-duty vehicles and providing operation and maintenance (O&M) services to public and private vehicle fleets to customer stations. The Company is also focused on developing, owning, and operating dairy and other livestock waste RNG projects and supplying RNG (procured from third party sources and from its anaerobic digester gas RNG joint venture project with TotalEnergies S.E.) to its customers in the heavy and medium-duty commercial transportation sector.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Clean Energy Expands Renewable Natural Gas Station Network
- Network Expansion: Clean Energy Fuels Corp. has opened six new renewable natural gas (RNG) stations along major freight routes in the U.S., enhancing its extensive network of over 600 fueling locations across North America to meet the growing demand from heavy-duty truck fleets for clean fuel.
- Strategic Locations: The new stations are strategically located in California, New Jersey, Oklahoma, Michigan, and Washington, providing easy access for heavy-duty trucks to refuel quickly, thereby supporting fleets in achieving fuel cost savings and significant emissions reductions amid high diesel prices.
- Technological Support: The opening of these stations aligns with the rollout of Cummins' X15N 15-liter natural gas engine, which offers an efficient and reliable RNG power solution for long-haul and heavy-duty fleets, helping customers meet their Scope 3 emissions targets.
- Market Opportunity: With volatile diesel prices, Clean Energy's RNG stations provide fleets with a price-stable, low-cost alternative fuel, further driving the transition to sustainable transportation and aligning with the company's mission to reduce climate-harming greenhouse gases.
See More
Clean Energy Fuels Appoints New CEO
- Executive Change: Clean Energy Fuels Corp. (CLNE) has appointed Clay Corbus as the new President and CEO, effective immediately, indicating a significant leadership shift aimed at driving future growth for the company.
- Founder Transition: Andrew Littlefair, who has served as CEO for 30 years, will transition to a non-employee government relations consultant role while remaining on the board, ensuring continued influence in policy matters for the company.
- Financial Outlook: Clean Energy projects revenue between $420 million and $440 million for 2026, with adjusted EBITDA expected to be between $70 million and $75 million, highlighting the company's potential for expansion in renewable natural gas production.
- Market Reaction: Following the announcement of the new appointment, CLNE shares rose 0.8% in pre-market trading to $2.50, reflecting investor confidence in the new leadership.
See More
Clean Energy Fuels Corp. Schedules Q1 2026 Earnings Release
- Earnings Release Schedule: Clean Energy Fuels Corp. is set to announce its Q1 2026 financial results on May 7, 2026, after market close, highlighting the company's ongoing growth in the renewable natural gas sector.
- Investor Conference Call: CEO Andrew J. Littlefair and CFO Robert M. Vreeland will host a call at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss financial results and future outlook, aiming to enhance investor engagement.
- Participation Details: Investors can join the call by dialing 1.800.343.4849 from the U.S. or 1.203.518.9848 internationally, ensuring direct communication with management to bolster investor confidence.
- Replay and Webcast: A telephone replay will be available approximately three hours after the call until June 7, 2026, and a live webcast will be accessible on the company's website for 30 days, allowing investors who missed the live event to catch up on key information.
See More
U.S.-Iran Conflict De-escalation Leads to Oil Price Drop
- Oil Price Drop Impact: Following President Trump's suggestion that the U.S. could wind down military actions against Iran, oil prices fell approximately 2%, trading below $101 per barrel, which weakened support for the energy sector and led to declines in related stocks.
- Market Overreaction: Stocks such as Magnolia Oil & Gas, EQT, and Helmerich & Payne saw declines of 3.1%, 3.1%, and 3.2% respectively, indicating that the market may be overreacting to the news, potentially creating buying opportunities for high-quality stocks.
- Helmerich & Payne Volatility Analysis: Helmerich & Payne has experienced 23 moves greater than 5% in the past year, and while today's drop suggests market sensitivity to the news, it is not expected to fundamentally alter perceptions of the business, with shares up 15.8% year-to-date and nearing a 52-week high.
- Investment Return Overview: An investment of $1,000 in Helmerich & Payne five years ago would now be worth $1,219, demonstrating the company's long-term investment potential despite short-term market fluctuations.
See More
Surge in Oil Prices Amid Rising Geopolitical Tensions in the Middle East
- Oil Price Surge: Brent crude prices have surged to historic highs due to rising geopolitical tensions in the Middle East, leading to a 9.3% increase in stocks like Calumet (CLMT), reflecting strong market confidence in energy stocks.
- Strong Market Reaction: The threats against Iranian oil wells have boosted investor confidence in the potential revenue and profitability of the energy sector, despite ongoing geopolitical risks, indicating a robust response to oil price fluctuations.
- Calumet's Strong Performance: Calumet's stock has risen 80% since the beginning of the year, reaching a new 52-week high at $35.18, suggesting optimistic market expectations for its future growth and profitability.
- Emerging Investment Opportunities: The volatility in oil prices has created buying opportunities for high-quality stocks, particularly for companies like HighPeak Energy (HPK) and Riley Exploration Permian (REPX), which saw increases of 7.2% and 3%, respectively.
See More
Middle East Tensions Drive Energy Stocks Higher
- Energy Stock Rally: Energy stocks surged in the afternoon session due to escalating geopolitical tensions in the Middle East, with Borr Drilling's shares rising 3.6%, indicating increased investor interest in energy companies amid supply concerns.
- Oil Prices Climb: Oil prices continued to rise even as President Trump extended the deadline for Iran to reopen the Strait of Hormuz by ten days, reflecting market anxiety over global oil supply risks and enhancing the outlook for oil and gas producers.
- Clean Energy Fuels Volatility: Clean Energy Fuels saw an 8.1% increase in its stock price, despite experiencing 40 moves greater than 5% in the past year, suggesting that while the market reacted strongly to the news, it did not fundamentally alter perceptions of the company's business.
- Long-Term Investment Challenges: Although Clean Energy Fuels has gained 18.3% year-to-date, its current price of $2.56 per share remains 16.5% below its 52-week high of $3.06, indicating significant challenges for long-term investors who would see their $1,000 investment from five years ago reduced to just $199.92.
See More
Clean Energy Expands Renewable Natural Gas Station Network
- Network Expansion: Clean Energy Fuels Corp. has opened six new renewable natural gas (RNG) stations along major freight routes in the U.S., enhancing its extensive network of over 600 fueling locations across North America to meet the growing demand from heavy-duty truck fleets for clean fuel.
- Strategic Locations: The new stations are strategically located in California, New Jersey, Oklahoma, Michigan, and Washington, providing easy access for heavy-duty trucks to refuel quickly, thereby supporting fleets in achieving fuel cost savings and significant emissions reductions amid high diesel prices.
- Technological Support: The opening of these stations aligns with the rollout of Cummins' X15N 15-liter natural gas engine, which offers an efficient and reliable RNG power solution for long-haul and heavy-duty fleets, helping customers meet their Scope 3 emissions targets.
- Market Opportunity: With volatile diesel prices, Clean Energy's RNG stations provide fleets with a price-stable, low-cost alternative fuel, further driving the transition to sustainable transportation and aligning with the company's mission to reduce climate-harming greenhouse gases.
See More
Clean Energy Fuels Appoints New CEO
- Executive Change: Clean Energy Fuels Corp. (CLNE) has appointed Clay Corbus as the new President and CEO, effective immediately, indicating a significant leadership shift aimed at driving future growth for the company.
- Founder Transition: Andrew Littlefair, who has served as CEO for 30 years, will transition to a non-employee government relations consultant role while remaining on the board, ensuring continued influence in policy matters for the company.
- Financial Outlook: Clean Energy projects revenue between $420 million and $440 million for 2026, with adjusted EBITDA expected to be between $70 million and $75 million, highlighting the company's potential for expansion in renewable natural gas production.
- Market Reaction: Following the announcement of the new appointment, CLNE shares rose 0.8% in pre-market trading to $2.50, reflecting investor confidence in the new leadership.
See More
Clean Energy Fuels Corp. Schedules Q1 2026 Earnings Release
- Earnings Release Schedule: Clean Energy Fuels Corp. is set to announce its Q1 2026 financial results on May 7, 2026, after market close, highlighting the company's ongoing growth in the renewable natural gas sector.
- Investor Conference Call: CEO Andrew J. Littlefair and CFO Robert M. Vreeland will host a call at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss financial results and future outlook, aiming to enhance investor engagement.
- Participation Details: Investors can join the call by dialing 1.800.343.4849 from the U.S. or 1.203.518.9848 internationally, ensuring direct communication with management to bolster investor confidence.
- Replay and Webcast: A telephone replay will be available approximately three hours after the call until June 7, 2026, and a live webcast will be accessible on the company's website for 30 days, allowing investors who missed the live event to catch up on key information.
See More
U.S.-Iran Conflict De-escalation Leads to Oil Price Drop
- Oil Price Drop Impact: Following President Trump's suggestion that the U.S. could wind down military actions against Iran, oil prices fell approximately 2%, trading below $101 per barrel, which weakened support for the energy sector and led to declines in related stocks.
- Market Overreaction: Stocks such as Magnolia Oil & Gas, EQT, and Helmerich & Payne saw declines of 3.1%, 3.1%, and 3.2% respectively, indicating that the market may be overreacting to the news, potentially creating buying opportunities for high-quality stocks.
- Helmerich & Payne Volatility Analysis: Helmerich & Payne has experienced 23 moves greater than 5% in the past year, and while today's drop suggests market sensitivity to the news, it is not expected to fundamentally alter perceptions of the business, with shares up 15.8% year-to-date and nearing a 52-week high.
- Investment Return Overview: An investment of $1,000 in Helmerich & Payne five years ago would now be worth $1,219, demonstrating the company's long-term investment potential despite short-term market fluctuations.
See More
Surge in Oil Prices Amid Rising Geopolitical Tensions in the Middle East
- Oil Price Surge: Brent crude prices have surged to historic highs due to rising geopolitical tensions in the Middle East, leading to a 9.3% increase in stocks like Calumet (CLMT), reflecting strong market confidence in energy stocks.
- Strong Market Reaction: The threats against Iranian oil wells have boosted investor confidence in the potential revenue and profitability of the energy sector, despite ongoing geopolitical risks, indicating a robust response to oil price fluctuations.
- Calumet's Strong Performance: Calumet's stock has risen 80% since the beginning of the year, reaching a new 52-week high at $35.18, suggesting optimistic market expectations for its future growth and profitability.
- Emerging Investment Opportunities: The volatility in oil prices has created buying opportunities for high-quality stocks, particularly for companies like HighPeak Energy (HPK) and Riley Exploration Permian (REPX), which saw increases of 7.2% and 3%, respectively.
See More
Middle East Tensions Drive Energy Stocks Higher
- Energy Stock Rally: Energy stocks surged in the afternoon session due to escalating geopolitical tensions in the Middle East, with Borr Drilling's shares rising 3.6%, indicating increased investor interest in energy companies amid supply concerns.
- Oil Prices Climb: Oil prices continued to rise even as President Trump extended the deadline for Iran to reopen the Strait of Hormuz by ten days, reflecting market anxiety over global oil supply risks and enhancing the outlook for oil and gas producers.
- Clean Energy Fuels Volatility: Clean Energy Fuels saw an 8.1% increase in its stock price, despite experiencing 40 moves greater than 5% in the past year, suggesting that while the market reacted strongly to the news, it did not fundamentally alter perceptions of the company's business.
- Long-Term Investment Challenges: Although Clean Energy Fuels has gained 18.3% year-to-date, its current price of $2.56 per share remains 16.5% below its 52-week high of $3.06, indicating significant challenges for long-term investors who would see their $1,000 investment from five years ago reduced to just $199.92.
See More
