Westport and Clean Energy Fuels Look to Benefit as 22 States Looking to Add Natural Gas Vehicles to Government Fleets
The Paragon Report Provides Stock Research on Westport Innovations and Clean Energy Fuels
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 08/17/12 -- The nation's abundance of natural gas has made it a cheaper and cleaner alternative to diesel and gasoline. Oklahoma Governor Mary Fallin last week met with representatives from U.S. auto manufacturers and purchasing officials to solicit bids, as there are currently 22 states looking to purchase natural gas-powered vehicles for their government fleets. The Paragon Report examines investing opportunities in the Alternative Fuels Industry and provides equity research on Westport Innovations Inc. (NASDAQ: WPRT) (TSX: WPT) and Clean Energy Fuels Corp. (NASDAQ: CLNE).
Access to the full company reports can be found at:
"We're serious. We're ready to buy natural gas vehicles now," Gov. Fallin said. "We all know that natural gas is a cleaner form of energy. It's an abundant form of energy. It's a less expensive and cheaper form of energy, one that will not only create American-made jobs, it will be good for our national security and economic security."
There are currently 123,000 compressed natural gas (CNG) vehicles, and 1,000 fueling stations in the U.S. One of the major obstacles preventing more widespread adoption of CNG vehicles has been the access to the necessary infrastructure.
Paragon Report releases regular market updates on the Alternative Fuels Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
Westport Innovations Inc. is a leading global supplier of proprietary solutions that allow engines to operate on clean-burning fuels such as compressed natural gas (CNG), liquefied natural gas (LNG), hydrogen, and renewable natural gas (RNG) fuels such as landfill gas and help reduce greenhouse gas emissions (GHG). For the calendar year ended December 31, 2012, the company expects revenue growth of roughly 50 percent year-over-year and consolidated revenues to be in the range of $400 and $425 million.
Clean Energy is the largest provider of natural gas fuel for transportation in North America and a global leader in the expanding natural gas vehicle fueling market. The company has operations in compressed natural gas (CNG) and liquefied natural gas (LNG) vehicle fueling and construction and operation of natural gas fueling stations. Gallons delivered for the second quarter of 2012 totaled 48.6 million gallons, up 24% from 39.2 million gallons delivered in the same period a year ago.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 17.08.2012 - 12:20 Uhr
Sprache: Deutsch
News-ID 175503
Anzahl Zeichen: 0
contact information:
Town:
NEW YORK, NY
Kategorie:
Investment Services & Trading
Diese Pressemitteilung wurde bisher 150 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Westport and Clean Energy Fuels Look to Benefit as 22 States Looking to Add Natural Gas Vehicles to Government Fleets"
steht unter der journalistisch-redaktionellen Verantwortung von
Paragon Financial Limited (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
