Clean Energy Fuels Corp. (CLNE) Q3 2024 Earnings Call Transcript Summary
Clean Energy Fuels Corp. (CLNE) Q3 2024 Earnings Call Transcript Summary
Sold 60 million gallons of RNG, generating higher RIN credits and alternative fuel tax credit revenues.The following is a summary of the Clean Energy Fuels Corp. (CLNE) Q3 2024 Earnings Call Transcript:
以下是clean energy fuels公司（CLNE）2024財年第三季度業績會交易簡報：
Financial Performance:
財務表現:
Clean Energy Fuels reported an adjusted EBITDA of $21.3 million in Q3 2024 compared to $14.2 million in Q3 2023.
Revenue increased from $96 million in Q3 2023 to $105 million in Q3 2024.
Sold 60 million gallons of RNG, generating higher RIN credits and alternative fuel tax credit revenues.
Ended the quarter with $243 million in cash and investments.
clean energy fuels報告，2024財年第三季度調整後的EBITDA爲2130萬美元，而2023財年第三季度爲1420萬美元。
營業收入從2023財年第三季度的9600萬美元增加到2024財年第三季度的10500萬美元。
銷售6000萬加侖的RNG，產生更高的RIN信用額和替代燃料稅收入。
季末現金和投資額爲24300萬美元。
Business Progress:
業務進展：
Opened a new fueling station in Bordentown, NJ, as part of their contract with Amazon, contributing to a 15% expansion of their network.
Launched the X15N demo truck program, receiving positive feedback and interest in additional deployments.
Broke ground on new RNG projects and expanded into the Canadian market through a partnership with Tourmaline, further developing a natural gas fueling corridor for heavy-duty trucks in western Canada.
Continued strong performance in the transit market, including a new contract with Harris County MTA in Houston and transitioning the NICE bus system in Long Island from CNG to RNG.
在新澤西州博登敦開設了一個新的加油站，作爲他們與亞馬遜的合同的一部分，爲他們的網絡擴張貢獻了15%。
推出X15N演示卡車項目，受到積極反饋和對額外部署的興趣。
在新的RNG項目上開工，並通過與Tourmaline合作進軍加拿大市場，進一步發展西加拿大重型卡車的天然氣加油走廊。
在公交市場繼續保持強勁表現，包括與休斯敦賀錦麗縣MTA的新合同以及將長島NICE巴士系統從CNG過渡到RNG。
Opportunities:
機會：
RNG and heavy-duty natural gas trucks are gaining traction, providing substantial fuel cost savings and environmental benefits, which are critical in markets with stringent emission standards.
The broader adoption of the X15N engine could drive significant fuel volume growth at their stations in the second half of 2025, especially with favorable responses from testing major fleets like J.B. Hunt, and Werner.
RNG和重型天然氣卡車正在受到關注，提供可觀的燃料成本節省和環境效益，在市場對嚴格排放標準的地區至關重要。
X15N發動機的更廣泛採用可能在2025年下半年推動他們的加油站顯着增長，特別是在像J.b. Hunt和Werner這樣的主要車隊的測試中獲得良好反應。
Risks:
風險：
The expiring alternative fuel tax credit by end of 2024 poses a financial risk unless it is reinstated, impacting earnings potential for 2025.
到2024年底到期的另類燃料稅收優惠構成財務風險，除非重新恢復，否則將影響2025年的盈利潛力。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
