NEW YORK (TheStreet) -- Shares of Clean Energy Fuels (CLNE) - Get Report were dropping 16.75% to $3.45 on heavy trading volume mid-afternoon Friday after the company reported weaker-than-expected revenue for the 2016 third quarter.

After yesterday's closing bell, the Newport Beach, CA-based provider of natural gas for vehicle fleets posted revenue of $97 million, below analysts' estimates of $101 million.

Clean Energy had an adjusted loss of 8 cents per share, which was in line with the FactSet consensus estimate.

The company delivered 84.5 million gallons during the period, a 5% increase year-over-year.

More than 4.69 million of the company's shares changed hands so far today, well above its average 30-day volume of 1.44 million shares.

Separately, TheStreet Ratings Team has a "Sell" rating with a score of D on the stock.

The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself and generally high debt management risk.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: CLNE

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