OPAL Fuels Inc. OPAL

1.85 0.01 0.54% as of 25 Sep
Market cap
$321.4M
P/E
0.0×
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.46
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — 4 2 — 1 2
Sell — — — — — — — — — — — —
Insider Ownership 39.81%

Capital & Financial Ratios

Market Cap 321.43
Revenue 339.89
Net Income 17.83
Free Cash Flow (47.94)
Net Debt 339.41
Current Ratio 1.82
Debt/Equity 11.39
P/E ratio 0.00
P/S ratio 0.16
P/B ratio 1.45
Past 5Y EPS Growth —
This Y EPS Growth 289.99%
Next Y EPS Growth 48.18%
Next 5Y EPS Growth 31.36%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 53 25 26 92
Receivables 52 47 62 38
Inventory 10 10 11 13
Other 8 11 8 7
128 117 123 163
2023 2024 2025 Q'26
Payables 21 17 19 13
ST’ Debt 2 13 15 19
Other 8 9 6 3
74 104 104 90
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — 14.00%
Cash Flow — — 0.00%
Earnings — — 8.10%
Book Value — — 0.00%

Revenue

Mar Jun Sep Dec Year
’26 73 83 — — —
’25 85 80 83 100 349
’24 65 71 84 80 300
’23 43 55 71 87 256
’22 49 53 67 67 236
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 13 11 — — —
’25 30 (8) 18 (4) 36
’24 14 1 18 (1) 31
’23 4 4 (3) 33 38
’22 (9) 0 (13) 21 (1)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (11) (17) — — —
’25 18 (30) (9) (10) (31)
’24 (13) (22) (5) (54) (95)
’23 (35) (30) (23) 12 (76)
’22 (31) (32) (44) (26) (133)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.09) (0.05) — — —
’25 (0.01) 0.03 0.05 0.08 0.15
’24 (0.01) (0.01) 0.09 (0.05) 0.02
’23 (0.06) 0.66 (0.01) 0.11 0.69
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.2
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — 9.61 5.82 5.16 2.96 1.26

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — 10.32 12.35 8.63 5.54 4.08
High Price
— — — — — — — — — —
Employees
— — — — — 0 0 0 0 0
Revenue/Emp
— — — — — 166 236 256 300 349
Revenue
— — — — — 30.74% 30.88% 28.19% 33.38% 30.43%
Gross Margin
— — — — — 41 33 127 5 (16)
EBT
— — — — — 24.54% 13.83% 49.60% 1.81% (4.68%)
EBT Margin
— 0 — — — 41 33 127 14 36
Net Income
— — — — — 11 16 16 20 25
Depreciation
— — — — — 1.15 9.14 9.43 10.86 12.40
Revenue/Sh
— — — — — (0.65) 0.13 0.70 0.02 0.15
Earnings/Sh
— — — — — 0.13 (0.05) 1.41 1.14 1.30
Cash Flow/Sh
— — — — — (0.62) (5.10) (4.19) (4.58) (2.41)
Capex/Sh
— — — — — (0.49) (5.15) (2.78) (3.44) (1.11)
Free CF/Sh
— — — — — 0.01 (30.04) (17.60) (5.35) (0.36)
Book Value/Sh
— — — — — 144 26 27 28 28
Shares
— — — — — 0.00 21.53 7.64 169.50 15.73
PE Ratio
— — — — — 0.00 0.75 0.57 0.31 0.19
PS Ratio
— — — — — 63.20 0.00 0.00 0.00 0.00
PB Ratio
— — — — — 0.00 0.88 1.14 1.22 1.13
EV/Sales
— — — — — 14.09 (1.56) (3.85) (3.85) (12.58)
EV/FCF
— — — — — 19 (1) 38 31 36
Op' Cash Flow
— — — — — (90) (131) (114) (126) (68)
Capex
— — — — — (71) (133) (76) (95) (31)
FCF
— — — — — (55) 59 54 13 18
Working Cap'
— — — — — 229 168 198 298 352
Total Debt
— — — — — 190 30 146 272 327
Net Debt
— — — — — 1 (774) (478) (148) (10)
Sh' Equity
— — — — — 0.00% 0.66% 2.71% 0.07% 0.47%
ROA
— — — — — 3.61% 0.00% 0.00% 10.65% 1.46%
ROIC
— — — — — 0.00% (0.88%) (3.02%) (0.18%) (5.42%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

OPAL Fuels Inc. (OPAL) key facts

  • OPAL Fuels Inc. (OPAL) is an Utilities Regulated Gas company in the Utilities sector, listed on Nasdaq.
  • OPAL Fuels Inc.’s revenue for fiscal 2025 (year ended December 2025) was $349.0 million, up 16.3% from fiscal 2024.
  • As of September 25, 2026, OPAL traded at $1.85, a market capitalization of $321.4 million.
  • Return on equity was −5.42% and debt-to-equity 11.39.

Source: company filings (standardised) and stockrow calculations.

OPAL Fuels Inc. (OPAL) Latest News

News by impact score

Fine-tune

10 Aug

4 transcript

OPAL Fuels Inc posted 40% Adjusted EBITDA growth in Q2 2026 on strong operational results. 40% Adjusted EBITDA surge signals major positive shift in financial performance and market trajectory.

3 transcript

OPAL Fuels Inc. released its Q2 2026 earnings call transcript covering financial results, operational updates, and management outlook on renewable natural gas projects and growth strategy. Earnings call provides performance metrics and forward guidance that can influence near-term stock sentiment and operational expectations.

3 transcript

OPAL Fuels Inc. released Q2 earnings call highlights covering financial results, operational updates and strategic outlook for the renewable fuels business. Q2 earnings details can moderately shift investor views on near-term financial performance and growth plans.

3

OPAL Fuels Inc. reported its second quarter 2026 financial results. Quarterly results updates provide financial performance details that can moderately influence company valuation and investor sentiment.

30 Jul

3

OPAL Fuels secured a contract to supply renewable natural gas to municipal refuse fleets across California's Central Valley. New supply agreement expands OPAL renewable natural gas deliveries to municipal fleets in a key state market.

12 Jun

4

OPAL Fuels and GFL Environmental advance two new RNG facilities. Advancing two new RNG facilities expands OPAL production capacity and revenue potential.

4 Jun

3

OPAL Fuels starts new landfill RNG projects that could alter GFL Environmental's investment narrative. New projects expand OPAL's RNG operations with moderate effects on its trajectory.

3 Jun

4

OPAL Fuels and GFL Environmental launch new renewable natural gas projects in Alabama and Georgia to advance growth strategy. New RNG projects expand OPAL's capacity and geographic footprint with major strategic growth moves.

4

OPAL Fuels partners with GFL Environmental to develop new renewable natural gas projects in Alabama and Georgia advancing the company's growth strategy. New RNG projects across two states mark major strategic expansion likely to boost OPAL Fuels long-term output and positioning.

15 May

4

Analysts slashed OPAL Fuels Inc. (NASDAQ:OPAL) revenue estimates for this year by 11%. 11% revenue estimate cut by analysts signals major downward pressure on OPAL's financial outlook and stock valuation.

12 May

3

OPAL Fuels Inc. highlighted Q1 2026 earnings call, navigating operational challenges via strategic initiatives amid market pressures. Earnings highlights outline strategic navigation of challenges, moderately impacting financial performance and investor sentiment.

11 May

4

OPAL Fuels Inc. released Q1 2026 earnings call summary detailing financial results, operational performance, strategic updates, and forward guidance. Q1 2026 earnings summary directly influences OPAL Fuels' financial performance, investor sentiment, and strategic trajectory.

4 transcript

OPAL Fuels Inc. (OPAL) released Q1 2026 earnings call transcript detailing quarterly financial results, operational updates, and forward-looking guidance. Q1 2026 earnings transcript reveals financial performance, strategic initiatives, and outlook that significantly shape investor sentiment and company trajectory.

3

OPAL Fuels Inc. (OPAL) released Q1 earnings call highlights detailing financial performance, operational updates, and future outlook. Q1 earnings highlights impact financial performance and investor sentiment moderately.

3

OPAL Fuels Inc. (OPAL) reported first quarter 2026 results. Quarterly earnings announcements moderately influence financial performance and market sentiment.

21 Apr

4

OPAL Fuels Inc. (OPAL) signed a $100 million master agreement to monetize Section 45Z production tax credits, enabling upfront cash from future clean fuel production incentives. $100 million agreement unlocks significant upfront capital from tax credits, strengthening OPAL's financial position and growth prospects in renewable natural gas.

1 Apr

4

OPAL Fuels Inc. completes its fifth sale of Investment Tax Credits under the Inflation Reduction Act, monetizing renewable energy incentives for additional capital. Repeated sales of IRA tax credits deliver substantial non-dilutive funding, strengthening financials and growth prospects.

16 Mar

4

OPAL Fuels Inc. (OPAL) Q4 2025 earnings call highlights strong revenue growth and strategic initiatives. Strong revenue growth and strategic initiatives position OPAL for significant future performance improvements.

4

OPAL Fuels Inc. released Q4 earnings call highlights detailing financial results, renewable natural gas production growth, strategic partnerships, and optimistic 2024 outlook amid expanding operations. Q4 earnings highlights disclose vital financial metrics and forward guidance that significantly shape investor sentiment and company valuation.

4

OPAL Fuels Inc. released Q4 2025 earnings call summary detailing financial results, operational updates, and forward guidance. Q4 earnings summary discloses key financial metrics and outlook directly shaping investor expectations and stock trajectory.

4 transcript

OPAL Fuels Inc. (OPAL) Q4 2025 earnings call transcript released, detailing quarterly financial results, operational updates, and future outlook. Q4 earnings call transcript covers financial performance, strategic initiatives, and guidance, poised to significantly sway investor sentiment and stock trajectory.

4

OPAL Fuels Inc. reported fourth quarter and full year 2025 results. Quarterly and annual earnings results directly shape financial performance views and stock trajectory.

14 Mar

4

OPAL Fuels Inc. (OPAL) secures new preferred stock facility to finance its next growth phase, providing capital for renewable natural gas projects and expansion. New preferred stock facility delivers key financing for OPAL Fuels' expansion into renewable natural gas, significantly boosting growth prospects and investor confidence.

9 Mar

4

OPAL Fuels Inc. announces the closing of a $180 million preferred stock facility, providing significant capital for renewable natural gas projects and growth initiatives. $180 million financing bolsters OPAL's balance sheet and funds key expansions in RNG production, markedly enhancing growth trajectory and investor confidence.

28 Jan

3

Insider buying at OPAL Fuels Inc. has reached a total of US$695,000, indicating strong confidence from company executives in the firm's future prospects. This significant investment by insiders may reflect their belief in the company's growth potential and could influence market sentiment positively. Insider buying can signal confidence in the company's future, potentially affecting market sentiment and performance.

12 Dec

4

The biomethane market is projected to reach USD 29.18 billion by 2034, driven by increasing demand for renewable energy sources and government initiatives promoting sustainable practices. The report highlights the growing adoption of biomethane in various sectors, including transportation and industrial applications, as well as advancements in technology that enhance production efficiency. Key players in the market are expected to benefit from these trends, positioning themselves for significant growth in the coming years. The projected growth of the biomethane market could significantly enhance OPAL's strategic positioning and investor sentiment.

10 Nov

4

OPAL Fuels Inc. (OPAL) is showing signs of potential recovery, with analysts suggesting that the stock may soon reach a bottom. Factors contributing to this outlook include favorable market conditions and strategic initiatives that could enhance the company's growth prospects. Investors are encouraged to consider buying the stock now to capitalize on its anticipated rebound. Favorable market conditions and strategic initiatives could significantly alter the company's trajectory and investor sentiment.

8 Nov

4

OPAL Fuels Inc. reported its Q3 2025 earnings, highlighting strategic initiatives to navigate current challenges in the market. The company emphasized its focus on sustainability and innovation while addressing operational hurdles. Management provided insights into future growth prospects and ongoing projects aimed at enhancing efficiency and market positioning. Strategic initiatives and operational adjustments are likely to significantly impact future performance and investor sentiment.

6 Nov

4

OPAL Fuels Inc. reported its third quarter 2025 results, highlighting significant revenue growth driven by increased demand for renewable natural gas. The company achieved a notable rise in production capacity and expanded its operational footprint. Key financial metrics showed improvements, with a focus on sustainability initiatives and strategic partnerships. The management expressed optimism about future growth prospects and ongoing projects aimed at enhancing market position. Significant revenue growth and expansion of production capacity indicate a major strategic move that could alter the company's trajectory.

5 Nov

3

OPAL Fuels Inc. has appointed Brian Stupp as the Chief Revenue Officer for its Fuel Station Services Business. Stupp brings extensive experience in the energy sector, having previously held leadership roles at various companies. His appointment is expected to enhance OPAL's growth strategy and drive revenue in the fuel station services segment. The appointment of a new Chief Revenue Officer may influence revenue generation and operational focus, but its overall impact on the company's trajectory is expected to be limited.

stockrow.com/OPAL · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com