Trading update: 10/11 July 2021

$CLNE - Clean Energy Fuels stock has been experiencing a bit of a dip in price this week. In this video we do a brief analysis of this dip and look at some of the catalysts behind this price drop.

The main catalyst is a new market threat from a company named Hyzon who announced they planned to begin producing a hydrogen truck with a large range - bringing it into competition with CLNE Recycled Natural Gas Network. While Hyzon does pose a threat to CLNE, there seems to be a sense that their ambition and what they are likely to deliver in the next few years seem highly unlikely.

The video also looks at the other potential uses of RNG and Clean Energy's potential to move into these markets - giving it the runway to become a serious large scale player in the energy sector. I believe that CLNE's ability and likelihood to expand as a business will underpin much of Amazon's (AMZN) decision to become a major shareholder in the company. If Amazon do take up the stake I believe that they have much bigger intentions for CLNE as a company and would therefore make the current $9.16 share price, as well as the $13.72 price mark that Amazon will be paying for the stock, an absolute bargain given the growth that can come from CLNE.

What I discuss here is not intended to be financial advice, but merely reflect my own opinions.

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Articles looked at in video:
Motley Fool: [ Ссылка ]
Forbes: [ Ссылка ]

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