Why Clean Energy Fuels Stock Growth Is No Sure Thing
There's no denying that natural gas transportation fuels leader Clean Energy Fuels (NASDAQ: CLNE) is in its best position in years to deliver on its promise. A series of difficult decisions -- epic dilution to pay down debt, selling off a major chunk of its business to BP, and slashing operating costs, among others -- are now behind it. Profitable growth may very well lie ahead.
That said, Clean Energy Fuels stock growth is no sure thing. While the market opportunity for natural gas transportation fuels remains largely untapped, the recent moves by one key customer highlight a looming obstacle management faces.
Image source: Getty Images.
Source: Fool.com
BP plc ADR Stock
€32.00
-1.230%
With 11 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 40 € shows a positive potential of 25.0% compared to the current price of 32.0 € for BP plc ADR.
