OPAL FUELS INC CLASS A (OPAL)
Energy · Renewable natural gas and biogas-to-energy · NASDAQ
OPAL Fuels develops and operates renewable natural gas and biogas projects, converting biogas from waste sites into transportation fuel and renewable energy credits.
What OPAL FUELS INC CLASS A does
OPAL Fuels develops, constructs, and operates Biogas Conversion Projects that convert biogas from landfills, dairies, and other waste sources into renewable natural gas (RNG) and renewable power. The company operates fueling stations where it dispenses CNG (compressed natural gas) derived from RNG into vehicle fuel tanks, while monetizing associated environmental attributes including RINs (Renewable Identification Numbers) and LCFS credits through federal and state incentive programs. OPAL also develops RNG infrastructure and partnerships with commercial fleets and other counterparties to promote the adoption of renewable natural gas as a transportation fuel.
Themes: ["Renewable natural gas / alternative fuels","Biogas and waste-to-energy","Environmental attributes / incentive monetization","Transportation fuel decarbonization","Clean energy infrastructure"]
Fundamentals
- Price$2.01 as of 2026-07-09 close
- Market cap$351M as of 2026-07-10
- 1-year return-22.4% as of 2026-07-09 close
- P/E18.24 as of 2026-07-10
- Net margin+5.7% as of 2026-07-10
- Gross margin+29.4% as of 2026-07-10
- ROE+139.6% as of 2026-07-10
- Debt / equity54.41 as of 2026-07-10
- Revenue growth (YoY)+5.2% as of 2026-07-10
- Revenue CAGR (3y)+14.0% SEC XBRL
- Beta0.79 as of 2026-07-10
Key risks (from latest filing)
["Revenue highly dependent on environmental attribute prices (RINs, LCFS credits) which are volatile and subject to regulatory changes; failure to monetize these could materially impact financial performance.","Operational dependency on third-party infrastructure (interconnection, transmission, pipeline facilities) and site owners/operators for biogas rights; equipment failures or inadequate capacity could restrict ability to deliver products and damage relationships.","Market adoption risk: success depends on commercial fleets and counterparties choosing RNG over alternative renewable fuels, and willingness to continue using RNG at expected levels."]
Competitors & peers
- Clean Energy Fuels (CLNE)
- Gevo Inc
- LanzaJet
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.