OPAL FUELS INC CLASS A (OPAL)
Energy · Renewable energy production and distribution · NASDAQ
A vertically integrated renewable energy company capturing biogas to produce RNG and renewable power for the heavy-duty transportation and industrial sectors.
What OPAL FUELS INC CLASS A does
OPAL Fuels is a vertically integrated producer and distributor of renewable natural gas (RNG) and renewable power, primarily derived from landfill gas and dairy manure. The company also designs, constructs, and operates fueling stations for heavy-duty trucking fleets, helping them transition from diesel to lower-carbon fuels. It leverages environmental attribute markets, including RINs and LCFS credits, to support its renewable energy operations.
Recent developments
The company maintained its 2026 annual guidance and reported a 40% year-over-year increase in adjusted EBITDA for the second quarter of 2026, driven by production tax credits (45Z) and fueling station service growth. Additionally, in April 2026, the company established a $100 million master agreement to monetize section 45Z production tax credits.
From OPAL FUELS INC CLASS A's filing of 2026-08-10.
Themes: renewable natural gas (RNG), decarbonization, heavy-duty trucking fuel, environmental attributes / carbon credits, biogas-to-energy
Fundamentals
- Price$1.68 as of 2026-10-08 close
- Market cap$294M as of 2026-08-06 (share count; price 2026-10-08)
- 1-year return-31.1% 2025-10-08 close $2.44 → 2026-10-08 close $1.68
- P/E2.54 as of 2026-10-08
- Net margin+10.4% FY2025, SEC XBRL
- Debt / equity54.41 as of 2026-09-02
- Revenue growth (YoY)+5.2% as of 2026-09-02
- Revenue CAGR (3y)+14.0% SEC XBRL
- Beta1.13 as of 2026-09-02
- Last reported earnings2026-08-10 SEC EDGAR Form 8-K (Item 2.02)
How OPAL compares in its sector
- price-to-earnings ratiobottom 10% 108 covered Energy peers, as of 2026-10-08
- net profit marginmiddle range 135 covered Energy peers, as of 2026-09-02
- operating marginmiddle range 122 covered Energy peers, as of 2026-09-02
- 3-year revenue CAGRtop 25% 137 covered Energy peers
- free cash flow (absolute dollars, latest fiscal year)bottom 25% 94 covered Energy peers, as of FY2025
Position among covered Energy companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How OPAL FUELS INC CLASS A looks technically
OPAL FUELS INC CLASS A (OPAL) is trading 23.7% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 170 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 19, below the 25 that marks a real trend), though sellers have been pushing harder than buyers lately — pressure, not a trend. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 32, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 1 trading day ago (its momentum flipped negative). It just made a new 20-day low, breaking below its recent trading range. It is 1.8% above its 52-week low (its lowest price of the past year).
Trend
7
| Distance from the 200-day | it is trading 23.7% below its 200-day average, the long-term trend line — a long-term downtrend | -23.7% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $2.03 | $2.03 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $2.20 | $2.20 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 28 calendar days ago — the swings before that are what the structure reading is measured on | 28 sessions |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 170 trading days ago — a "death cross", a bearish long-term signal | 170 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 19, below the 25 that marks a real trend), though sellers have been pushing harder than buyers lately — pressure, not a trend | 18.5 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 32, neither overbought (above 70) nor oversold (below 30) | 32.5 |
|---|---|---|
| Position in its 14-day range | it is trading right at the bottom of its 14-day range ($1.67 to $1.99) — its "stochastic" reading is 3 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 3.1 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 1 trading day ago (its momentum flipped negative) | 1 session |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $2.87 | $2.87 |
|---|---|---|
| From the 52-week high | it is 41.5% below its 52-week high (its highest price of the past year) | -41.5% |
| Above the 52-week low | it is 1.8% above its 52-week low (its lowest price of the past year) | +1.8% |
| Below the 52-week high | it is 41.5% below its highest point of the past year | 41.5% |
| Since a 20-day breakout | it just made a new 20-day low, breaking below its recent trading range | 1 session |
| Since a 55-day breakout | it just made a new 55-day low, breaking below its recent trading range | 1 session |
| All-time high | its highest closing price on record is $12.35 (set on 2022-08-09) | $12.35 |
| Given back of the 52-week move | over the past year its closes ranged ($1.68 to $2.78), and it has recovered essentially none of its fall from last year’s high — 0% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $2.36 to $2.40. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 0.0% |
| From the all-time high | it is 86.4% below its all-time high | -86.4% |
| Nearest price level | it is trading 4.8% below a resistance level at $1.76 — a price it turned at twice since 2026-06-23, most recently on 2026-09-10. Since 2024-10-08 it has 0 such levels below the current price and 14 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +4.8% |
| All-time low | its lowest closing price on record is $1.26 (set on 2025-04-09) | $1.26 |
| Above the all-time low | it is 33.3% above its all-time low | +33.3% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 88% of it) | 12th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.1006 between its high and its low — about 6.0% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.1006 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $1.67 and $1.98 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $1.67 – $1.83 – $1.98 |
| Typical daily range (% of price) | its price moves about 6.0% in a typical session — more volatile than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 6.0% |
| Stretch from the 200-day average | it is trading 5.2 daily ranges below its 200-day average price (23.7% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 5.2 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.70× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 1.9% since the prior reading | -1.9% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a doji | 2 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 2 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-10-08 at essentially the same price it closed at the session before — no meaningful overnight gap | 0.0% |
|---|---|---|
| Open gap | it gapped 2.6% below the previous close 11 sessions ago and has not traded back through the level it left behind at 1.96 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -2.5% |
| Gap filled | a 2.2% gap up opened on 2026-09-11 has been "filled" 17 sessions ago — price traded back through the level the gap left behind, and it took 2 sessions to close | 17 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 2 sessions in a row, a -6.15% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 2 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 13.5 percentage points (the stock lost 12.5% while the market gained 1.0%) | -13.5% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 24.2 percentage points (the stock lost 20.4% while the market gained 3.8%) | -24.2% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 49.2 percentage points (the stock lost 31.7% while the market gained 17.5%) | -49.2% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 46.1 percentage points (the stock lost 31.1% while the market gained 15.0%) | -46.1% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: near the bottom of its 14-day range (oversold) — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 6 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, a fresh 20-day low, MACD momentum is negative, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 6 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 23% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 4.8% of the share price. | -23.3% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 23% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $2.17 — a volume-weighted average of daily closes over 190 sessions, not a true tick-by-tick VWAP. | -22.5% |
|---|---|---|
| Vs the average paid since it last reported | the price is 13% below the average price paid since it last reported on 2026-08-10 (its 10-Q), so the typical buyer over that stretch is under water. That average is $1.93 — a volume-weighted average of daily closes over 43 sessions, not a true tick-by-tick VWAP. | -12.8% |
Price levels it has turned at before
OPAL last closed at $1.68 on 2026-10-08. Since 2024-10-08 it has turned at 0 prices below its last close and 14 above; the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $1.76 | Resistance | 4.8% above the last close | turned there twice · 2026-06-23 to 2026-09-10 |
| $1.87 | Resistance | 11.3% above the last close | turned there twice · 2025-03-21 to 2026-05-13 |
| $1.99 | Resistance | 18.1% above the last close | turned there four times · 2025-11-21 to 2026-07-09 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Near the 52-week low · Pulled back from the 12-month high · Broke down to a new 20-day low · MACD just crossed bearish (12/26/9) · trendless / choppy (low ADX) | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingHold (2.60 mean, 1=Strong Buy…5=Strong Sell) — 5 analysts
- Mean price target$3.13 range $1.90 – $4.00; median $3.00
Analyst estimates, as of 2026-10-04. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for OPAL
- Consensus EPS estimate$0.54 next reporting period, as of 2026-10-04
- Estimate change, 30 days+$0.35 (+184.2%) from $0.19, on 2026-08-30, 35-day window
- Readings revised upward43% of 7 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Dependence on government incentives, environmental regulations, and renewable energy mandates (RINs, LCFS credits).","Contractual dependence on landfill and biogas project site operators for access and biogas rights.","Exposure to commodity price volatility of natural gas and diesel."]
What changed in the latest 10-Q
AI-assisted comparison of OPAL's 10-Q filed 2026-05-11 against the prior one filed 2025-11-07.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing references Form 10-K filed March 16, 2026 for fiscal year ended December 31, 2025 (vs. older filing referencing Form 10-K filed March 17, 2025 for fiscal year ended December 31, 2024)
- Newer filing covers three months ended March 31, 2026 and 2025 (vs. older filing covering three and nine months ended September 30, 2025 and 2024)
- Newer filing states 'This three year RVO is expected to reduce volatility in RIN pricing for the associated period' regarding the June 2023 EPA rule
- Newer filing removes mention of EPA proposed 'Set 2 Rule' for 2026 and 2027 and associated uncertainty language present in older filing
- Removed:
- Older filing included 'Recent Developments' section describing Atlantic RNG facility commercial operations (October 6, 2025) and CMS Concord RNG facility construction (October 2025)
- Older filing included operational metrics as of September 30, 2025: '26 projects, 11 of which are RNG projects and 15 of which are Renewable Power Projects' with design capacity figures
- Older filing stated 'In June 2025, the EPA announced a proposed "Set 2 Rule" to establish RVOs for 2026 and 2027, with rule finalization expected in late 2025 or early 2026. Until the rules and RVOs are finalized, there may be uncertainty as to RIN pricing for the associated period.'
- Older filing stated 'This 3 year RVO is expiring at the end of this year' regarding the 2023-2025 RVO period
- Reworded:
- Older filing: 'Opal Fuels is also a leader' vs. Newer filing: 'We are also a leader' in Overview section
- Older filing: 'and is comprised of non-fossil waste gas' vs. Newer filing: 'and comprised of non-fossil waste gas' (removal of 'is')
- Older filing: 'landfill gas' vs. Newer filing: 'LFG' when referring to gas source from landfills
- Older filing: 'hydrogen fueling stations' vs. Newer filing: 'hydrogen Fueling Stations' (capitalization change)
- Older filing references 'elsewhere in this report' for Risk Factors vs. Newer filing references 'within our Annual Report on Form 10-K for the year ended December 31, 2025'
- Notes:
- Older filing is truncated at end of 'Market Demand for RNG' section, limiting full comparison of subsequent sections
- The filings cover different interim periods (Q1 2026 vs. Q3 2025), which explains some substantive changes like removal of Recent Developments specific to 2025
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
4 open-market purchases and 0 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 90 days · read to 2026-10-044 buys ($177000) · 0 sells — 2 buying insiders
- Last 180 days · read to 2026-10-0414 buys ($460718) · 0 sells — 4 buying insiders
Cluster buying: 3 different insiders reported open-market purchases (SEC code P) of OPAL within a 30-day window between 2026-05-14 and 2026-06-11. Disclosed Form 4 activity, not a prediction of performance or a buy signal.
Activity heuristic: net buying (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-09-03. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about OPAL's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
3 institutional 13F filers reported holding OPAL as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 3
- Reported shares held 1,661,099
- Reported value $3,654,417
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 3 increased, 0 decreased, 2 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about OPAL's institutional holders → See what each manager we track holds →
Short interest (FINRA)
OPAL had 2,703,390 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for OPAL because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 2,703,390
- Prior settlement (shares) 2,564,455
- Reported change 5.42%
- Days to cover (reported) 10.17
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Clean Energy Fuels (CLNE)
- Waste Management (WM)
- Republic Services (RSG)
- Ameresco (AMRC)
- BP (BP)
- Shell
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare OPAL vs…
OPAL FUELS INC CLASS A is found in…
OPAL ranks in…
Frequently asked questions
What does OPAL FUELS INC CLASS A (OPAL) do?
OPAL Fuels is a vertically integrated producer and distributor of renewable natural gas (RNG) and renewable power, primarily derived from landfill gas and dairy manure. The company also designs, constructs, and operates fueling stations for heavy-duty trucking fleets, helping them transition from diesel to lower-carbon fuels. It leverages environmental attribute markets, including RINs and LCFS credits, to support its renewable energy operations.
What sector is OPAL FUELS INC CLASS A (OPAL) in?
OPAL FUELS INC CLASS A (OPAL) is classified in the Energy sector. Its industry is Renewable energy production and distribution. It trades on NASDAQ.
Who are OPAL FUELS INC CLASS A's (OPAL) competitors?
Notable peers of OPAL FUELS INC CLASS A (OPAL) include Clean Energy Fuels, Waste Management, Republic Services, Ameresco and BP. This peer set is informational only — not financial advice.
Is OPAL FUELS INC CLASS A (OPAL) overbought or oversold right now?
OPAL FUELS INC CLASS A (OPAL) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 32, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on OPAL come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest; prices are market data, as of 2026-09-02; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.