Symbols / OPAL Stock $1.94 -3.48% OPAL Fuels Inc.

Utilities • Utilities - Regulated Gas • United States • NCM
OPAL (Stock) Chart
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Stock Fundamentals
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Index EQUITY
Sector Utilities
Industry Utilities - Regulated Gas
CEO Mr. Adam J. Comora
Exch · Country NCM · United States
Market Cap 339.03M
Enterprise Value 873.96M
Income 1.88M
Sales 336.94M
FCF (ttm) -85.21M
Book/sh -0.45
Cash/sh 4.47
Employees 330
Insider 10d
IPO May 24, 2021
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 27.71
Forward P/E 9.95
PEG
P/S 1.01
P/B -4.35
P/C
EV/EBITDA 41.94
EV/Sales 2.59
Quick Ratio 1.91
Current Ratio 2.20
Debt/Eq 87.36
LT Debt/Eq
EPS (ttm) 0.07
EPS next Y 0.20
EPS Growth
Revenue Growth -14.10%
EPS Gr Q/Q 189.30%
Rev Gr Q/Q
Earnings (next) 2026-08-06
Earnings (prior) 2026-05-11
ROA 0.19%
ROE 6.05%
ROIC
Gross Margin 26.20%
Oper. Margin -4.21%
Profit Margin 5.72%
Shs Outstand 30.36M
Shs Float 17.09M
Insider Own 25.72%
Instit Own 57.23%
Short Float 5.69%
Short Ratio 6.98
Short Interest 1.19M
52W High 4.08
vs 52W High -52.45%
52W Low 1.65
vs 52W Low 17.58%
Beta 0.76
Impl. Vol. 1.77%
Rel Volume 1.82
Avg Volume 213.72K
Volume 387.99K
Target (mean) $3.23
Tgt Median $3.25
Tgt Low $2.10
Tgt High $4.00
# Analysts 6
Recom Hold
Prev Close $2.01
Price $1.94
Change -3.48%
About

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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.94
Low
$2.10
High
$4.00
Mean
$3.23

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-17 main Goldman Sachs Sell → Sell $2
2025-07-23 down UBS Buy → Neutral $3
2025-07-22 down Johnson Rice Buy → Hold $3
2025-05-12 main Goldman Sachs Sell → Sell $2
2025-04-11 main Scotiabank Sector Perform → Sector Perform $4
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-31 MARTELL JAMES J Director 66,073
2026-03-31 VEMURI ASHOK Director 66,073
2026-03-31 MAURER JONATHAN GILBERT Chief Executive Officer 289,458
2026-03-31 NISAR NADEEM Director 66,073
2026-03-31 BATTLE BETSY L Director 66,073
2026-03-31 UNGER DAVID C Officer 167,136
2026-03-31 COGHLIN JOHN H. General Counsel 116,365
2026-03-31 COMORA MARK S Director and Beneficial Owner of more than 10% of a Class of Security 66,073
2026-03-31 DOLS SCOTT V Director 66,073
2026-03-31 COMORA ADAM Chief Executive Officer 289,458
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
348.98
+16.34%
299.97
+17.13%
256.11
+8.74%
235.53
Operating Revenue
348.98
+16.34%
299.97
+17.13%
256.11
+8.74%
235.53
Cost Of Revenue
242.79
+21.49%
199.85
+8.67%
183.90
+12.97%
162.79
Reconciled Cost Of Revenue
242.02
+21.51%
199.17
+8.38%
183.78
+13.34%
162.14
Gross Profit
106.18
+6.05%
100.12
+38.66%
72.21
-0.73%
72.74
Operating Expense
101.39
+12.51%
90.12
+27.48%
70.69
-0.38%
70.96
Research And Development
4.87
-24.42%
6.44
Selling General And Administration
63.98
+20.44%
53.12
+3.63%
51.26
-0.24%
51.39
Other Operating Expenses
14.94
-21.81%
19.11
+292.70%
4.87
-24.42%
6.44
Total Expenses
344.19
+18.70%
289.97
+13.90%
254.59
+8.92%
233.75
Operating Income
4.79
-52.14%
10.00
+560.26%
1.51
-14.84%
1.78
Total Operating Income As Reported
7.41
-65.06%
21.22
+201.45%
7.04
-6.92%
7.56
EBITDA
34.43
-24.36%
45.51
-69.81%
150.74
+182.75%
53.31
Normalized EBITDA
34.43
-27.57%
47.53
+106.21%
23.05
+6.43%
21.66
Reconciled Depreciation
23.24
+25.19%
18.56
+26.40%
14.69
+6.54%
13.79
EBIT
11.19
-58.49%
26.95
-80.19%
136.05
+244.20%
39.53
Total Unusual Items
0.00
+100.00%
-2.02
-101.58%
127.69
+303.37%
31.66
Total Unusual Items Excluding Goodwill
0.00
+100.00%
-2.02
-101.58%
127.69
+303.37%
31.66
Special Income Charges
0.00
+100.00%
-2.02
-101.67%
120.68
0.00
Other Special Charges
19.11
+772.56%
2.19
-65.98%
6.44
Impairment Of Capital Assets
Restructuring And Mergern Acquisition
0.00
Write Off
0.00
-100.00%
2.02
0.00
Net Income
14.75
+33.73%
11.03
-63.16%
29.95
+164.48%
11.32
Pretax Income
-16.34
-401.44%
5.42
-95.73%
127.02
+289.90%
32.58
Net Non Operating Interest Income Expense
-26.27
-33.98%
-19.61
-110.72%
-9.31
-40.15%
-6.64
Interest Expense Non Operating
27.52
+27.82%
21.53
+138.46%
9.03
+29.95%
6.95
Net Interest Income
-26.27
-33.98%
-19.61
-110.72%
-9.31
-40.15%
-6.64
Interest Expense
27.52
+27.82%
21.53
+138.46%
9.03
+29.95%
6.95
Interest Income Non Operating
1.25
-35.09%
1.92
-34.53%
2.93
-10.49%
3.28
Interest Income
1.25
-35.09%
1.92
-34.53%
2.93
-10.49%
3.28
Other Income Expense
5.15
-65.71%
15.03
-88.85%
134.81
+260.08%
37.44
Other Non Operating Income Expenses
2.52
-33.67%
3.81
+138.09%
1.60
-17.70%
1.94
Gain On Sale Of Security
1.60
-77.23%
7.01
-77.86%
31.66
Gain On Sale Of Business
0.00
-100.00%
122.87
0.00
Tax Provision
-52.75
-492.25%
-8.91
0.00
0.00
Tax Rate For Calcs
0.00
+0.00%
0.00
0.00
0.00
Tax Effect Of Unusual Items
0.00
+100.00%
-0.42
0.00
0.00
Net Income Including Noncontrolling Interests
36.41
+154.18%
14.32
-88.72%
127.02
+289.90%
32.58
Net Income From Continuing Operation Net Minority Interest
14.75
+33.73%
11.03
-63.16%
29.95
+164.48%
11.32
Net Income From Continuing And Discontinued Operation
14.75
+33.73%
11.03
-63.16%
29.95
+164.48%
11.32
Net Income Continuous Operations
36.41
+154.18%
14.32
-88.72%
127.02
+289.90%
32.58
Minority Interests
-21.66
-557.53%
-3.29
+96.61%
-97.08
-356.70%
-21.26
Normalized Income
14.75
+16.86%
12.62
+112.92%
-97.74
-380.72%
-20.33
Net Income Common Stockholders
4.28
+663.46%
0.56
-97.04%
18.94
+458.42%
3.39
Diluted EPS
0.02
-97.10%
0.69
+475.00%
0.12
Basic EPS
0.02
-97.14%
0.70
+438.46%
0.13
Basic Average Shares
27.62
+1.73%
27.15
+5.33%
25.77
Diluted Average Shares
27.69
+0.73%
27.49
+5.49%
26.06
Diluted NI Availto Com Stockholders
4.28
+663.46%
0.56
-97.04%
18.94
+458.42%
3.39
Depreciation Amortization Depletion Income Statement
22.47
+25.64%
17.89
+22.79%
14.56
+10.88%
13.14
Depreciation And Amortization In Income Statement
22.47
+25.64%
17.89
+22.79%
14.56
+10.88%
13.14
Earnings From Equity Interest
2.63
-80.15%
13.23
+139.55%
5.53
-4.48%
5.78
Gain On Sale Of PPE
Preferred Stock Dividends
10.47
-0.01%
10.47
-4.91%
11.01
+38.82%
7.93
Total Other Finance Cost
4.12
+28.46%
3.21
+8.11%
2.97
Line Item Trend 2025-12-31 2024-12-31 2023-12-31
Total Assets
959.47
+8.90%
881.08
+16.76%
754.61
Current Assets
122.68
+5.06%
116.77
-8.83%
128.07
Cash Cash Equivalents And Short Term Investments
24.41
+0.40%
24.31
-49.59%
48.22
Cash And Cash Equivalents
24.41
+0.40%
24.31
-36.61%
38.35
Other Short Term Investments
0.00
-100.00%
9.88
Receivables
73.35
+15.96%
63.25
+8.20%
58.45
Accounts Receivable
48.49
+51.46%
32.01
+15.89%
27.62
Gross Accounts Receivable
48.96
+52.93%
32.01
Allowance For Doubtful Accounts Receivable
-0.47
0.00
Other Receivables
Taxes Receivable
3.26
-42.12%
5.64
+5.50%
5.34
Inventory
10.96
+6.51%
10.29
+1.01%
10.19
Raw Materials
Prepaid Assets
3.77
-5.85%
4.00
Restricted Cash
1.21
+24.49%
0.97
-77.88%
4.39
Assets Held For Sale Current
3.76
-41.88%
6.47
+3659.30%
0.17
Hedging Assets Current
0.24
-62.40%
0.63
Other Current Assets
5.23
-30.07%
7.48
+24.51%
6.00
Total Non Current Assets
836.79
+9.48%
764.31
+21.99%
626.54
Net PPE
495.63
+8.16%
458.26
+32.10%
346.91
Gross PPE
628.68
+9.21%
575.63
+26.31%
455.73
Accumulated Depreciation
-133.04
-13.35%
-117.38
-7.87%
-108.81
Properties
Land And Improvements
Buildings And Improvements
Machinery Furniture Equipment
Construction In Progress
203.31
+19.90%
169.57
-3.14%
175.06
Other Properties
334.91
-0.67%
337.16
+55.54%
216.77
Leases
13.03
+7.27%
12.14
Goodwill And Other Intangible Assets
54.61
+0.00%
54.61
-10.62%
61.09
Goodwill
54.61
+0.00%
54.61
+0.00%
54.61
Other Intangible Assets
5.76
-11.16%
6.49
Investments And Advances
231.22
+3.41%
223.59
+7.96%
207.10
Long Term Equity Investment
231.22
+3.41%
223.59
+7.96%
207.10
Non Current Accounts Receivable
8.22
Non Current Deferred Assets
0.00
Other Non Current Assets
47.10
+69.13%
27.85
+205.05%
9.13
Total Liabilities Net Minority Interest
461.71
+10.98%
416.05
+40.02%
297.12
Current Liabilities
104.22
+0.60%
103.60
+39.35%
74.34
Payables And Accrued Expenses
82.86
+1.42%
81.70
+27.90%
63.88
Payables
19.00
+11.06%
17.11
-32.85%
25.48
Accounts Payable
10.05
+9.52%
9.18
-33.97%
13.90
Current Accrued Expenses
63.86
-1.13%
64.59
+68.22%
38.40
Total Tax Payable
4.42
-2.98%
4.56
Current Debt And Capital Lease Obligation
15.06
+19.34%
12.62
+461.93%
2.25
Current Debt
15.06
+19.34%
12.62
+684.89%
1.61
Other Current Borrowings
12.62
+684.89%
1.61
Current Capital Lease Obligation
0.78
+22.26%
0.64
Current Deferred Liabilities
6.30
-32.13%
9.28
+46.91%
6.31
Current Deferred Revenue
6.30
-32.13%
9.28
+46.91%
6.31
Other Current Liabilities
1.60
+1643.48%
0.09
Total Non Current Liabilities Net Minority Interest
357.49
+14.42%
312.45
+40.25%
222.78
Long Term Debt And Capital Lease Obligation
337.06
+18.27%
285.00
+36.78%
208.37
Long Term Debt
337.06
+18.27%
285.00
+45.01%
196.54
Long Term Capital Lease Obligation
12.15
+2.80%
11.82
Long Term Provisions
5.08
+3.38%
4.92
Other Non Current Liabilities
20.43
-25.56%
27.45
+188.94%
9.50
Preferred Securities Outside Stock Equity
935.34
Stockholders Equity
-12.93
+91.29%
-148.45
+69.00%
-478.81
Common Stock Equity
-12.93
+91.29%
-148.45
+69.00%
-478.81
Capital Stock
0.02
+0.00%
0.02
+0.00%
0.02
Common Stock
0.02
+0.00%
0.02
+0.00%
0.02
Preferred Stock
132.62
Share Issued
30.63
+1.89%
30.07
+1.23%
29.70
Ordinary Shares Number
29.00
+2.00%
28.43
+1.30%
28.07
Treasury Shares Number
1.64
+0.00%
1.64
+0.00%
1.64
Additional Paid In Capital
0.00
0.00
Retained Earnings
-1.31
+99.05%
-137.00
+70.68%
-467.19
Gains Losses Not Affecting Retained Earnings
-0.03
-117.11%
0.15
+1113.33%
-0.01
Treasury Stock
11.61
+0.00%
11.61
+0.00%
11.61
Minority Interest
510.69
-16.76%
613.48
-34.48%
936.29
Other Equity Adjustments
-0.03
-117.11%
0.15
+1113.33%
-0.01
Total Equity Gross Minority Interest
497.76
+7.04%
465.03
+1.65%
457.49
Total Capitalization
324.13
+137.37%
136.55
+148.38%
-282.26
Working Capital
18.46
+40.16%
13.17
-75.48%
53.73
Invested Capital
339.19
+127.38%
149.18
+153.15%
-280.66
Total Debt
352.12
+18.31%
297.62
+41.31%
210.61
Net Debt
327.72
+19.90%
273.31
+71.03%
159.80
Capital Lease Obligations
12.94
+3.80%
12.46
Net Tangible Assets
-67.54
+66.74%
-203.06
+62.39%
-539.90
Tangible Book Value
-67.54
+66.74%
-203.06
+62.39%
-539.90
Current Provisions
2.80
+54.75%
1.81
Derivative Product Liabilities
0.06
0.00
Duefrom Related Parties Current
13.32
-8.29%
14.52
-22.33%
18.70
Dueto Related Parties Current
8.95
+12.85%
7.93
+12.93%
7.02
Financial Assets
0.45
0.00
Investments In Other Ventures Under Equity Method
Investmentsin Associatesat Cost
231.22
+3.41%
223.59
+7.96%
207.10
Limited Partnership Capital
Line Of Credit
0.00
Non Current Note Receivables
2.51
+8.99%
2.30
Notes Receivable
0.76
0.00
Other Inventories
10.19
Preferred Stock Equity
132.62
Total Partnership Capital
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
36.50
+16.29%
31.39
-17.99%
38.27
+2924.28%
-1.35
Cash Flow From Continuing Operating Activities
36.50
+16.29%
31.39
-17.99%
38.27
+2924.28%
-1.35
Net Income From Continuing Operations
36.41
+154.18%
14.32
-88.72%
127.02
+289.90%
32.58
Depreciation Amortization Depletion
23.24
+25.19%
18.56
+26.40%
14.69
+6.54%
13.79
Depreciation
23.24
+25.19%
18.56
+26.40%
14.69
+6.54%
13.79
Depreciation And Amortization
23.24
+25.19%
18.56
+26.40%
14.69
+6.54%
13.79
Other Non Cash Items
1.74
+96.51%
0.89
+125.86%
-3.43
+90.70%
-36.86
Stock Based Compensation
6.50
+0.73%
6.45
+9.28%
5.90
+301.91%
1.47
Provisionand Write Offof Assets
2.48
+2812.94%
0.09
-83.59%
0.52
+3.81%
0.50
Asset Impairment Charge
0.00
-100.00%
2.02
0.00
Deferred Tax
-16.46
0.00
Deferred Income Tax
-16.46
0.00
Operating Gains Losses
-8.64
+40.21%
-14.45
+88.55%
-126.14
-8793.31%
1.45
Gain Loss On Investment Securities
-2.37
-165.25%
-0.89
-1411.76%
0.07
-99.06%
7.24
Unrealized Gain Loss On Investment Securities
0.41
Gain Loss On Sale Of PPE
-3.65
-1035.83%
-0.32
0.00
Change In Working Capital
-14.43
-33.18%
-10.83
-245.12%
7.46
+152.29%
-14.28
Change In Receivables
-19.82
-6483.06%
-0.30
+80.62%
-1.55
+92.73%
-21.36
Changes In Account Receivables
-19.82
-6483.06%
-0.30
+90.97%
-3.33
+82.09%
-18.61
Change In Inventory
-0.67
-550.49%
-0.10
+96.45%
-2.90
-12.34%
-2.59
Change In Prepaid Assets
11.26
+160.56%
-18.59
-945.18%
2.20
+170.79%
-3.11
Change In Payables And Accrued Expense
-5.20
-163.70%
8.17
-34.62%
12.49
-22.07%
16.03
Change In Accrued Expense
-7.09
-249.72%
4.74
+41.93%
3.34
-0.74%
3.36
Change In Payable
1.89
-44.76%
3.43
-62.55%
9.15
-27.74%
12.66
Change In Account Payable
1.89
-44.76%
3.43
-56.70%
7.91
-30.11%
11.32
Change In Other Working Capital
2.96
+274.28%
-1.70
+4.12%
-1.77
Change In Other Current Assets
-6.14
-508.92%
1.50
+216.61%
-1.29
Change In Other Current Liabilities
1.28
+149.81%
-2.57
-1268.09%
-0.19
Investing Cash Flow
-77.32
+42.53%
-134.55
-81.47%
-74.15
+59.71%
-184.03
Cash Flow From Continuing Investing Activities
-77.32
+42.53%
-134.55
-81.47%
-74.15
+59.71%
-184.03
Net PPE Purchase And Sale
-67.74
+46.41%
-126.41
-11.06%
-113.83
+13.38%
-131.41
Purchase Of PPE
-70.74
+44.40%
-127.24
-11.78%
-113.83
+13.38%
-131.41
Sale Of PPE
3.00
+262.32%
0.83
0.00
Capital Expenditure
-70.74
+44.40%
-127.24
-11.78%
-113.83
+13.38%
-131.41
Net Investment Purchase And Sale
0.00
-100.00%
9.88
-82.08%
55.10
+184.80%
-64.98
Purchase Of Investment
-64.98
Sale Of Investment
0.00
-100.00%
9.88
-82.08%
55.10
Net Business Purchase And Sale
-22.35
-3.63%
-21.57
-6.46%
-20.26
-3293.80%
-0.60
Purchase Of Business
-22.35
-3.63%
-21.57
-6.46%
-20.26
-3293.80%
-0.60
Gain Loss On Sale Of Business
0.00
+100.00%
-122.87
0.00
Net Intangibles Purchase And Sale
Purchase Of Intangibles
Net Other Investing Changes
1.38
+283.60%
-0.75
10.86
Financing Cash Flow
41.56
-50.23%
83.50
+1315.56%
5.90
-97.33%
220.55
Cash Flow From Continuing Financing Activities
41.56
-50.23%
83.50
+1315.56%
5.90
-97.33%
220.55
Net Issuance Payments Of Debt
51.83
-47.32%
98.38
+170.58%
36.36
+209.77%
-33.12
Issuance Of Debt
70.00
-30.00%
100.00
-49.22%
196.92
+341.59%
44.59
Repayment Of Debt
-18.17
-1020.97%
-1.62
+98.99%
-160.56
-106.60%
-77.72
Long Term Debt Issuance
70.00
-30.00%
100.00
-49.22%
196.92
+341.59%
44.59
Long Term Debt Payments
-18.17
-1020.97%
-1.62
+98.82%
-137.81
-621.08%
-19.11
Net Long Term Debt Issuance
51.83
-47.32%
98.38
+66.44%
59.11
+131.97%
25.48
Short Term Debt Issuance
Short Term Debt Payments
0.00
+100.00%
-22.75
+61.18%
-58.60
Net Short Term Debt Issuance
0.00
+100.00%
-22.75
+61.18%
-58.60
Net Common Stock Issuance
0.00
-100.00%
0.17
+101.06%
-16.02
0.00
Common Stock Payments
0.00
+100.00%
-16.39
0.00
Common Stock Dividend Paid
0.00
Cash Dividends Paid
-10.47
+20.00%
-13.09
+20.86%
-16.54
0.00
Repurchase Of Capital Stock
0.00
+100.00%
-16.39
0.00
Proceeds From Stock Option Exercised
-16.39
0.00
Net Other Financing Charges
0.20
+110.21%
-1.96
-193.20%
2.10
-98.63%
153.67
Changes In Cash
0.74
+103.75%
-19.66
+34.41%
-29.98
-185.25%
35.17
Beginning Cash Position
27.58
-41.62%
47.24
-38.82%
77.22
+83.62%
42.05
End Cash Position
28.32
+2.68%
27.58
-41.62%
47.24
-38.82%
77.22
Free Cash Flow
-34.24
+64.28%
-95.85
-26.86%
-75.56
+43.09%
-132.76
Interest Paid Supplemental Data
27.80
+21.36%
22.91
+230.60%
6.93
-1.20%
7.01
Income Tax Paid Supplemental Data
0.02
0.00
Change In Income Tax Payable
-0.14
-110.99%
1.24
-7.75%
1.34
Change In Tax Payable
-0.14
-110.99%
1.24
-7.75%
1.34
Common Stock Issuance
0.00
-100.00%
0.17
-53.55%
0.37
0.00
Dividend Received CFO
5.65
-60.60%
14.34
+17.11%
12.24
0.00
Dividends Received CFI
11.40
+164.72%
4.30
-11.04%
4.84
+130.43%
2.10
Earnings Losses From Equity Investments
-2.63
+80.15%
-13.23
-139.55%
-5.53
+4.48%
-5.78
Interest Paid CFF
Interest Received CFI
-0.60
Issuance Of Capital Stock
0.00
-100.00%
0.17
-53.55%
0.37
-99.63%
100.00
Net Preferred Stock Issuance
0.00
-100.00%
100.00
Preferred Stock Dividend Paid
-10.47
+20.00%
-13.09
+20.86%
-16.54
0.00
Preferred Stock Issuance
0.00
-100.00%
100.00
Sale Of Business
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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