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:
以下是清洁能源燃料公司（CLNE）2024年第三季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
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.
清洁能源燃料公司报告称，2024年第三季度调整后的息税折旧摊销前利润为2,130万美元，而2023年第三季度为1,420万美元。
收入从 2023 年第三季度的9,600万美元增加到2024年第三季度的1.05亿美元。
售出了6000万加仑的RNG，产生了更高的RIN抵免额和替代燃料税收抵免收入。
本季度末现金和投资为2.43亿美元。
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.
作为与亚马逊签订的合同的一部分，在新泽西州博登敦开设了一个新的加油站，为其网络扩张了15％。
启动了 X15N 演示卡车计划，收到了积极的反馈和对更多部署的兴趣。
新的 RNG 项目破土动工，并通过与 Tourmaline 的合作扩展到加拿大市场，进一步开发了加拿大西部重型卡车的天然气加气走廊。
公交市场的持续强劲表现，包括与休斯敦哈里斯县MTA签订的新合同，以及将长岛的NICE公交系统从压缩天然气过渡到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 和重型天然气卡车越来越受欢迎，从而节省了大量的燃料成本并带来了环境效益，这对于排放标准严格的市场至关重要。
X15N发动机的更广泛采用可能会推动其加油站在2025年下半年的显著燃料量增长，尤其是在测试J.b. Hunt和Werner等主要车队的积极反应下。
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.
除非恢复，否则将于2024年底到期的替代燃料税收抵免将构成财务风险，从而影响2025年的盈利潜力。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
小贴士：本文由 AI 生成。无法完全保证内容的准确性。如需更全面的详情，请访问投资者关系网站。本文仅供投资者参考，不提供任何指导或建议建议。
