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财年第三季度业绩会交易简报：
Financial Performance:
财务表现:
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报告，2024财年第三季度调整后的EBITDA为2130万美元，而2023财年第三季度为1420万美元。
营业收入从2023财年第三季度的9600万美元增加到2024财年第三季度的10500万美元。
销售6000万加仑的RNG，产生更高的RIN信用额和替代燃料税收入。
季末现金和投资额为24300万美元。
Business Progress:
业务进展:
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.
在新泽西州博登敦开设了一个新的加油站，作为他们与亚马逊的合同的一部分，为他们的网络扩张贡献了15%。
推出X15N演示卡车项目，受到积极反馈和对额外部署的兴趣。
在新的RNG项目上开工，并通过与Tourmaline合作进军加拿大市场，进一步发展西加拿大重型卡车的天然气加油走廊。
在公交市场继续保持强劲表现，包括与休斯敦哈里斯县MTA的新合同以及将长岛NICE巴士系统从CNG过渡到RNG。
Opportunities:
机会：
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和重型天然气卡车正在受到关注，提供可观的燃料成本节省和环境效益，在市场对严格排放标准的地区至关重要。
X15N发动机的更广泛采用可能在2025年下半年推动他们的加油站显着增长，特别是在像J.b. Hunt和Werner这样的主要车队的测试中获得良好反应。
Risks:
风险：
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年底到期的另类燃料税收优惠构成财务风险，除非重新恢复，否则将影响2025年的盈利潜力。
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：如需更全面的详情，请参阅投资人关系网站。本文仅供投资者参考，不作任何指引或建议。
译文内容由第三方软件翻译。
