OPAL · OPAL Fuels Inc.
$1.63
+0.09 (+5.84%)
At close · Oct 29
Return incl. dividend (before tax)
Market Cap
$269.13M
Shares
174.76M
Volume · Oct 29
162.01K
Avg daily vol (3M)
237.38K
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$1.63
Open$1.55
Day$1.55–1.65
52W close$1.51–2.73
Avg vol 30d275K
Short int2.5M · 1.5% float · 13.4d
Short vol61%
Last earningsNov 9, 2026
DataMay 2021–Oct 2026
Filing10-Q · Aug 10
Up next
Next earnings release
Nov 9, 2026
Announced
· in 2 wks
Next earnings call
Nov 9, 2026
Scheduled
· in 2 wks
call held Aug 10, 2026
Latest filings
8-K
Director or officer change, or executive pay
·
filed Oct 21, 2026
OPAL Fuels Inc. announced Jonathan Maurer plans to retire as Co-Chief Executive Officer effective March 31, 2027, after which Adam Comora will become the sole Chief Executive Officer.
Read the 8-K
10-Q
filed Aug 10, 2026
Read the 10-Q
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$339.89M
Trailing 12 months
Net income (TTM)
$17.83M
Trailing 12 months
Revenue growth YoY
+3.7%
Year over year
Operating margin
0.7%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
-19.2%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$348.74M
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+1.4%
Year over year · more shares
Price change (1Y)
-38.6%
Trailing year
Short interest
1.5%
Latest settlement · 13.4 days to cover
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q2 FY26 earnings call · Aug 10, 2026
Q2 FY26
TL;DR. OPAL Fuels reported Q2 2026 adjusted EBITDA of $23.1 million, up 40% year-over-year, driven by 45Z tax credits, fuel station services growth, and G&A savings, and maintained its full-year 2026 guidance while flagging modestly below-expected RNG production and an impairment tied to a renewable power conversion.
Bullish
- + RNG production grew ~8% YoY to 1.3M MMBtu with high operating leverage on existing assets.
- + RNG Fuel segment EBITDA increased to $18.6M from $13.3M and Fuel Station Services EBITDA grew to $12.5M from $10.9M.
- + RNG project pipeline adds ~3M MMBtu of annual design capacity over next 24 months.
- + Strong liquidity of $162.2M and $52.7M invested in growth projects YTD.
Bearish
- − Q2 RNG production was modestly below expectations.
- − Renewable Power segment EBITDA fell to $0.3M from $2.2M on lower production/pricing.
- − $4.1M non-cash impairment from renewable power decommissioning tied to CMS RNG conversion.
- − GAAP net loss of $(4.1M) vs. $7.6M prior year quarter.
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Neutral
Momentum
Very Weak
Sentiment
Neutral
Fundamentals
Fair
Quant / Vol
Very High
Market backdrop
VIX 16.9 · calm
Equity put/call 0.54
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−24%
below
Price vs 50-day avg
−10%
below
RSI (14)
46
neutral
MACD trend
Positive
52-week position
10%
near low
Volume (OBV)
Bullish div.
accumulating
Momentum
relative strength
1-month return
−7%
trailing
6-month return
−28%
trailing
YTD return
−31%
this year
Relative strength
−32%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $2 › 200d $2 — 200d above 50d
Institutional flow
Distributing
12 of 78 funds reported for Sep 30 · net -325.1K sh shares · +2 new
Insider flow
Accumulating
Net +$177.0K over 90 days · 0% sells
Short interest
Rising
1.46% of float · ▲ +1.2% MoM · 13.4 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
78 holders — near 3-yr high, broad support
Squeeze score
49
elevated · 0–100
Fundamentals
Revenue growth
+16%
Y/Y
EPS growth
+650%
Y/Y
Free cash flow
$-34.2M
Balance sheet
$336.9M
net debt
Quant / Vol
risk profile
Volatility
75%
annualized · 1-yr
Max drawdown
−45%
past year
ATR
5.6%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Technicals
trend & momentum for long-term holders Neutral
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−24%
Bearish
Price vs 50-day avg
−10%
Bearish
RSI (14)
46
Neutral
MACD trend
Positive
Bullish
52-week position
10%
Bearish
Volume (OBV)
Bullish div.
Bullish
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $2 › 200d $2 — 200d above 50d
Institutional flow
Distributing
12 of 78 funds reported for Sep 30 · net -325.1K sh shares · +2 new
Insider flow
Accumulating
Net +$177.0K over 90 days · 0% sells
Short interest
Rising
1.46% of float · ▲ +1.2% MoM · 13.4 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
78 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $2
Now $2 · 10%
Range high $3
vs 200-day avg -24%
vs 50-day avg -10%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $39.8M | Six months ended June 30, 2026 | — |
| Average realized sales price during quarter - LCFS | $75.55 | Three Months Ended June 30, 2026 | — |
| Average realized sales price during quarter - RIN | $2.5 | Three Months Ended June 30, 2026 | — |
| Capital Expenditures | $52.7M | Six months ended June 30, 2026 | — |
| Company's portion of capital expenditures in unconsolidated entities | $10.8M | Six Months Ended June 30, 2026 | — |
| Design Capacity | 4.4M | Six months ended June 30, 2026 | — |
| Design Capacity Utilization (%) | 39% | Three Months Ended June 30, 2026 filing | — |
| Ending LCFS credit balance (Available for sale) as of June 30, 2026 | 6K | Three Months Ended June 30, 2026 | — |
| Ending RIN credit balance (Available for sale) as of June 30, 2026 | 278K | Three Months Ended June 30, 2026 | — |
| Fuel Station Services volume delivered | 78M | Six months ended June 30, 2026 | — |
| Inlet Design Capacity Utilization | 73.5% | Six months ended June 30, 2026 | — |
| LCFS credits Generated in current period | 43K | Three Months Ended June 30, 2026 | — |
| Liquidity | $162.3M | As of June 30, 2026 | — |
| Nameplate Capacity (MW per hour) | 100.2 | Three Months Ended June 30, 2026 filing | — |
| Nameplate Capacity for the period (Millions MWh) | 0.22M | Three Months Ended June 30, 2026 filing | — |
| Renewable Power produced (Millions MWh) | 0.09M | Three Months Ended June 30, 2026 filing | — |
| RINs Generated in current period | 17.69M | Three Months Ended June 30, 2026 | — |
| RNG dispensed as transportation fuel | 38.8M | Six months ended June 30, 2026 | — |
| RNG Fuel volume produced | 2.4M | Six months ended June 30, 2026 | — |
| RNG Fuel volume produced (Million MMBtus) | 1.2M | Three Months Ended June 30, 2026 filing | — |
| RNG Fuel volume sold | 20.9M | Three Months Ended June 30, 2026 filing | — |
| RNG Pending Monetization | $16.3M | As of June 30, 2026 | — |
| Total Value of RNG Pending Monetization and Credits at quarter end | $16.32M | Three Months Ended June 30, 2026 | — |
| Total volume delivered | 39M | Three Months Ended June 30, 2026 filing | — |
| Utilization of Inlet Gas | 76% | Six months ended June 30, 2026 | — |
| Value of LCFSs using quarter end price | $551K | Three Months Ended June 30, 2026 | — |
| Value of RECs using quarter end price | $17K | Three Months Ended June 30, 2026 | — |
| Value of RINs using quarter end price | $745K | Three Months Ended June 30, 2026 | — |
| Value of RNG awaiting credit generation using quarter end price | $15.01M | Three Months Ended June 30, 2026 | — |
| Volume of Inlet Gas | 3.1M | Six months ended June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Engineering & Construction — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
OPAL
this stock
OPAL Fuels Inc.
|
$269.13M | -30.8% | +16.3% | — | 1.5% |
|
PWR
Quanta Services, Inc.
|
$96.54B | +50.5% | +13.4% | 58.2 | 2.3% |
|
FIX
Comfort Systems USA Inc
|
$47.08B | +42.1% | -73.9% | 29.1 | 2.2% |
|
FER
Ferrovial N.V.
|
$39.20B | -11.9% | — | — | 0.7% |
|
EME
EMCOR Group, Inc.
|
$29.93B | +12.7% | +16.6% | 19.8 | 1.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
SEC Filings
Latest
8-K
- Filed
- Oct 21, 2026
- This year
- 19
OPAL Fuels Inc. announced Jonathan Maurer plans to retire as Co-Chief Executive Officer effective March 31, 2027, after which Adam Comora will become the sole Chief Executive Officer.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| OPAL | +6.5% | -6.9% | -28.2% | -6.9% | -30.8% |
| SPY | +0.7% | +0.7% | +4.3% | +0.9% | +12.8% |
| vs SPY | +5.8% | -7.6% | -32.5% | -7.7% | -43.6% |