OPAL Fuels Inc. OPAL R2K
OPAL Fuels Inc. together with its subsidiaries, engages in the production and distribution of renewable natural gas (RNG) for use as a vehicle fuel for heavy and medium-duty trucking fleets throughout the United States. It operates through three segments, RNG Fuel, Fuel Station Services and Renewable Power. The company also designs, develops, constructs, operates, and services fueling stations for trucking fleets that use natural gas to displace diesel as transportation fuel. In addition, it is involved in the design, development, and construction of hydrogen fueling stations. Further, the company engages in the generation and sale of renewable power to utilities; and environmental attributes associated with RNG and renewable power, as well as sale of RNG as pipeline quality natural gas. OPAL Fuels Inc. was founded in 1998 and is headquartered in White Plains, New York.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Compounding revenue at 14.0% over 5 years.
CONS
- Trading 36.3% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Utilities).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | OPAL OPAL Fuels Inc. R2K | 2.26 | 32.29 | $394.95M | - | 1.31% | 6.05% | 14.00% | 9.22% |
| 2 | NEE NextEra Energy, Inc. SPX | 87.01 | 22.08 | $181.47B | 2.86% | 4.79% | 10.32% | 9.36% | 18.12% |
| 3 | SO The Southern Company SPX | 92.05 | 23.54 | $103.77B | 3.30% | 5.93% | 10.99% | 0.31% | 7.09% |
| 4 | DUK Duke Energy Corporation SPX | 122.73 | 18.88 | $95.68B | 3.47% | 5.35% | 9.66% | 3.87% | 24.90% |
| 5 | AEP American Electric Power Company, Inc. NDXSPX | 126.67 | 18.74 | $68.92B | 3.00% | 5.68% | 12.58% | 3.66% | 15.77% |
| 6 | D Dominion Energy, Inc. SPX | 66.94 | 19.75 | $58.87B | 3.99% | 5.34% | 9.79% | 5.80% | 36.03% |
| 7 | SRE Sempra SPX | 89.13 | 30.32 | $58.26B | 2.95% | 3.04% | 5.69% | -1.73% | -4.95% |
| 8 | VST Vistra Corp. SPXAI | 160.23 | 26.79 | $54.03B | 0.57% | 7.08% | 42.90% | 8.92% | 58.98% |
| 9 | ETR Entergy Corporation SPX | 109.05 | 27.89 | $49.93B | 2.35% | 5.63% | 10.75% | -2.02% | 17.36% |
Quarterly Results
Figures in USD.
| Metric | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | 45.73M | 47.91M | 52.67M | 65.31M | 42.06M | 54.15M | 69.96M | 63.96M | 69.81M | - | - | 85.41M | 80.46M | 83.36M | 99.75M | 73.38M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 58.64M | 57.04M | 57.92M | 69.19M | 53.85M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | 26.77M | 23.41M | 25.44M | 30.56M | 19.53M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | 27.99M | 26.20M | 22.48M | 24.72M | 22.61M |
| Operating Income | -128.48K | -394.41K | 3.15M | -989.00K | 2.31M | -1.94M | -10.57M | -7.37M | 3.60M | 3.57M | 5.69M | - | - | -1.22M | -2.79M | 2.95M | 5.84M | -3.09M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.64M | 4.95M | 9.19M | 15.80M | 955.00K |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.45M | 5.82M | 6.01M | 10.18M | 6.64M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | -6.75M | -6.13M | -3.18M | -274.00K | -11.30M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | -8.04M | -13.69M | -14.57M | -16.46M | -5.71M |
| Net Income | -319.78K | -11.62M | 989.00K | 3.89M | 3.29M | - | - | - | - | - | - | - | - | 2.38M | 3.42M | 4.07M | 4.89M | 6.89M |
| Diluted EPS | - | - | 0.00 | 0.00 | 0.00 | -0.06 | -0.06 | 0.66 | -0.01 | -0.01 | -0.01 | - | - | -0.01 | 0.03 | 0.05 | 0.02 | -0.09 |
| R&D Expense | - | - | - | - | - | - | 1.88M | 1.11M | 974.00K | 785.00K | 2.94M | 6.80M | - | 6.08M | 3.48M | 2.54M | - | 1.81M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 235.53M | 256.11M | 299.97M | 348.98M |
| Cost of Revenue | - | 162.79M | 183.90M | 199.85M | 242.79M |
| Gross Profit | - | 72.74M | 72.21M | 100.12M | 106.18M |
| Operating Expenses | - | 70.96M | 70.69M | 90.12M | 101.39M |
| Operating Income | - | 1.78M | 1.51M | 10.00M | 4.79M |
| EBITDA | - | 53.31M | 150.74M | 45.51M | 34.43M |
| Interest Expense | - | 6.95M | 9.03M | 21.53M | 27.52M |
| Pretax Income | - | 32.58M | 127.02M | 5.42M | -16.34M |
| Tax Provision | - | 0 | 0 | -8.91M | -52.75M |
| Net Income | - | 11.32M | 29.95M | 11.03M | 14.75M |
| Diluted EPS | - | 0.12 | 0.69 | 0.02 | 0.15 |
| R&D Expense | - | 6.44M | 4.87M | 19.11M | 14.94M |
Compounded Sales Growth
| 5 Years: | 14.00% |
| 1 Year: | -14.10% |
Compounded Profit Growth
| 5 Years: | 9.22% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -36.34% |
| 6 Months: | -4.24% |
| 3 Months: | +8.13% |
| 1 Month: | +8.65% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2020 | Jan 2021 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Total Assets | - | - | - | 644.86M | 754.61M | 881.08M | 959.47M |
| Current Assets | - | - | - | 211.98M | 128.07M | 116.77M | 122.68M |
| Cash & Equivalents | - | 0 | - | 40.39M | 38.35M | 24.31M | 24.41M |
| Inventory | - | - | - | 7.31M | 10.19M | 10.29M | 10.96M |
| Receivables | - | - | - | 31.08M | 27.62M | 32.01M | 48.49M |
| Total Liabilities | - | - | - | 267.04M | 297.12M | 416.05M | 461.71M |
| Current Liabilities | - | - | - | 152.91M | 74.34M | 103.60M | 104.22M |
| Long Term Debt | - | - | - | 88.31M | 196.54M | 285.00M | 337.06M |
| Total Debt | - | - | - | 179.65M | 210.61M | 297.62M | 352.12M |
| Total Equity | 6.70M | 0 | - | -800.60M | -478.81M | -148.45M | -12.93M |
| Shares Outstanding | - | - | - | 29.48M | 29.70M | 30.07M | 30.63M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | -1.35M | 38.27M | 31.39M | 36.50M |
| Investing Cash Flow | - | -184.03M | -74.15M | -134.55M | -77.32M |
| Financing Cash Flow | - | 220.55M | 5.90M | 83.50M | 41.56M |
| Capital Expenditure | - | -131.41M | -113.83M | -127.24M | -70.74M |
| Free Cash Flow | - | -132.76M | -75.56M | -95.85M | -34.24M |
| Net Change in Cash | - | 35.17M | -29.98M | -19.66M | 738.00K |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 30.9% | 28.2% | 33.4% | 30.4% |
| Operating Margin % | - | 0.8% | 0.6% | 3.3% | 1.4% |
| Net Margin % | - | 4.8% | 11.7% | 3.7% | 4.2% |
| ROE % | - | -1.4% | -6.3% | -7.4% | -114.1% |
| ROCE % | - | 0.4% | 0.2% | 1.3% | 0.6% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Invesco Ltd. | 10.58% | 3.21M | $7.26M |
| 2 | Ares Management LLC | 10.08% | 3.06M | $6.91M |
| 3 | Electron Capital Partners, LLC | 5.93% | 1.80M | $4.07M |
| 4 | Blackrock Inc. | 4.12% | 1.25M | $2.83M |
| 5 | Vanguard Capital Management LLC | 3.31% | 1.01M | $2.27M |
| 6 | Yaupon Capital Management, LP | 2.57% | 780.69K | $1.76M |
| 7 | Geode Capital Management, LLC | 1.72% | 522.20K | $1.18M |
| 8 | UBS Group AG | 1.59% | 481.95K | $1.09M |
| 9 | Rockefeller Capital Management L.P. | 1.49% | 453.63K | $1.03M |
| 10 | SIR Capital Management, L.P. | 1.23% | 373.85K | $844.90K |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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