Clean Energy Fuels Corp. (CLNE) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: May 07, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 0.59% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
220M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

CLNE currently has 224M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 0.59% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 07, 2026

10-Q filing | 223.7M shares outstanding

220M 0
Nov 04, 2025

10-Q filing | 223.4M shares outstanding

220M 0
Aug 07, 2025

10-Q filing | 223.3M shares outstanding

220M 0
May 08, 2025

10-Q filing | 223.2M shares outstanding

220M 0
Feb 24, 2025

10-K filing | 222.4M shares outstanding

220M 0
Nov 06, 2024

10-Q filing | 223.0M shares outstanding

220M 0
Aug 07, 2024

10-Q filing | 222.9M shares outstanding

220M 0
May 09, 2024

10-Q filing | 222.7M shares outstanding

220M 0
Feb 29, 2024

10-K filing | 213.1M shares outstanding

210M 0
Dec 13, 2023

8-K filing: Clean Energy Fuels Corp. issued warrants to Stonepeak CLNE-W Holdings LP to purchase 10,000,000 shares of common stock with an exercise price of $5.50 and 10,000,000 shares of common stock with an exercise price of $6.50.

220M 0
Nov 09, 2023

10-Q filing | 222.2M shares outstanding

220M 0
Aug 09, 2023

10-Q filing | 222.4M shares outstanding

220M 0
May 09, 2023

10-Q filing | 222.6M shares outstanding

220M 0
Feb 28, 2023

10-K filing | 200.7M shares outstanding

200M 0
Nov 08, 2022

10-Q filing | 223.0M shares outstanding

220M 0
Aug 04, 2022

10-Q filing | 207.0M shares outstanding

210M 0
May 05, 2022

10-Q filing | 222.7M shares outstanding

220M 0
Feb 24, 2022

10-K filing | 204.6M shares outstanding

200M 0
Dec 07, 2021

8-K filing: Clean Energy Fuels Corp. resumed repurchases of shares and increased the aggregate purchase amount under the share repurchase program from $30.0 million to $50.0 million. ($14.5M proceeds)

200M 0
Nov 04, 2021

10-Q filing | 198.8M shares outstanding

200M 0
Aug 05, 2021

10-Q filing | 200.7M shares outstanding

200M 0
Jun 22, 2021

8-K filing: Clean Energy Fuels Corp. contributed $50 million to the bpJV and forced the conversion of bp's Class B Units into Class A Units on June 21, 2022. ($50.0M proceeds)

200M 0
Jun 09, 2021

8-K filing: Clean Energy Fuels Corp. completed sales of common stock under two at-the-market equity offering programs, the New ATM Program and the Prior ATM Program, issuing a total of 22,836,183 shares and receiving gross proceeds of $199,999,720. ($200.0M proceeds)

200M 0
Jun 07, 2021

8-K filing: Clean Energy Fuels Corp. completed its prior ATM program, selling 12,362,237 shares of common stock for gross proceeds of $99,999,976, and entered into a new ATM agreement to offer and sell up to $100,000,000 of common stock. ($100.0M proceeds)

200M 0
May 06, 2021

10-Q filing | 205.0M shares outstanding

200M 0
Mar 09, 2021

10-K filing | 204.7M shares outstanding

200M 0
Nov 05, 2020

10-Q filing | 204.7M shares outstanding

200M 0
Aug 06, 2020

10-Q filing | 204.7M shares outstanding

200M 0
May 07, 2020

10-Q filing | 204.2M shares outstanding

200M 0
Mar 10, 2020

10-K filing | 205.6M shares outstanding

210M 0
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