Why Clean Energy Fuels Corp. (CLNE) Is Losing This Week

We recently published an article titled Why These Energy Stocks are Losing This Week. In this article, we are going to take a look at where Clean Energy Fuels Corp. (NASDAQ:CLNE) stands against the other energy stocks.

President Donald Trump’s 10% tariff on Canadian energy went back into effect today, and while the United States is a major energy producer itself, it is highly reliant on imports from its northern neighbor.

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Canada supplies 60% of America’s oil imports, about 4 million barrels a day, making it the largest crude oil supplier to the US. Canada is also responsible for nearly all of the US natural gas imports and the two countries even share an integrated electricity grid, significantly bolstering grid resilience and economic efficiency. Hence, President Trump’s tariffs are expected to have serious consequences on the energy prices in the US in the coming days, raising concerns about energy stability and inflation in the country.

The said tariffs are expected to significantly impact the American oil refining sector, especially in the Midwest, which is highly dependent on imports of heavy Canadian crude. The CEO of a major US oil refiner recently stated that the major brunt of the tariffs will be borne by the producers and then to a lesser extent by the consumers, further reducing margins for an industry that already struggled last year.

The broader energy sector has surged by 0.73% over the last year, significantly lagging behind gains of over 14% by the wider market, as of the close of March 3, despite the recent selloff on Monday.

Methodology: 

To collect data for this article, we have referred to several stock screeners to find energy stocks that have fallen the most between February 24 to March 3, 2025. The stocks are ranked according to their YTD share prices. Following are the Energy Stocks that Lost the Most This Week.

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Why Clean Energy Fuels Corp. (CLNE) is Losing this Week?

A row of fuel pumps at a fueling station, displaying the magnitude of the energy revolution.

Clean Energy Fuels Corp. (NASDAQ:CLNE)

Share Price Decline Between Feb. 14 – Feb. 24: 29.52%

Clean Energy Fuels Corp. (NASDAQ:CLNE) offers natural gas as alternative fuel for vehicle fleets and related fueling solutions in the United States and Canada. The company posted a revenue of $109.3 million in its Q4 2024, up 2.31% YoY and beating analysts’ estimates. However, the CLNE’s Clean Energy segment posted a net loss of $30.2 million, 61.5% more compared to the loss reported in the same period in 2023.

Moreover, Clean Energy Fuels Corp. (NASDAQ:CLNE)’s outlook for 2025 includes an adjusted EBITDA of $50 million to $55 million compared to its 2024 adjusted EBITDA of $77 million. The downgrade is due to the uncertainty under the Trump administration surrounding the alternative-fuel tax credit, which contributed nearly $24 million to the company’s results last year.

Overall CLNE ranks 2nd our list of the energy stocks that are losing this week. While we acknowledge the potential of CLNE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CLNE but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.