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Yesterday it was reported that the COO and Secretary of Clean Energy Fuels (CLNE – Research Report), Mitchell Pratt, exercised options to buy 60,000 CLNE shares at $1.37 a share, for a total transaction value of $82.2K.
Following this transaction Mitchell Pratt’s holding in the company was increased by 9.25% to a total of $8.39 million. In addition to Mitchell Pratt, 2 other CLNE executives reported Buy trades in the last month.
The company has a one-year high of $19.79 and a one-year low of $1.69. CLNE’s market cap is $2.36 billion and the company has a P/E ratio of -278.50. Currently, Clean Energy Fuels has an average volume of 21.36M.
Clean Energy Fuels shares climbed 27% during Monday s session after reaching a renewable natural gas supply deal with Amazon.
The company will supply Amazon s delivery trucks with natural gas at up to 46 Clean Energy fueling stations.
Clean Energy granted to Amazon a warrant to purchase more than 53 million of its shares.
Shares of Clean Energy Fuels jumped Monday following an agreement to supply renewable natural gas at its fueling stations to Amazon s delivery fleet.
Clean Energy said it will provide Amazon Logistics low and negative carbon renewable natural gas at 27 of its Clean Energy fueling stations. The company will provide natural gas at another 19 non-exclusive new or upgraded stations that Clean Energy expects will be built by the end of 2021.