OPAL Fuels Inc. engages in the production and distribution of renewable natural gas for use as a vehicle fuel for heavy and medium-duty trucking fleets. It 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 offers design, development, and construction services for hydrogen fueling stations. Further, the company generates and sells renewable power to utilities. As of May 1, 2022, it owned and operated 24 biogas projects. The company was founded in 1998 and is based in White Plains, New York.
IPO Year: 2021
Exchange: NASDAQ
Website: https://opalfuels.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/3/2024 | $8.00 → $5.00 | Sector Outperform → Sector Perform | Scotiabank |
9/29/2023 | $10.55 | Sector Outperform | Scotiabank |
9/15/2023 | $5.80 | Sell | Goldman |
5/26/2023 | $13.00 | Buy | Janney |
2/28/2023 | $12.00 | Overweight | Piper Sandler |
12/15/2022 | $14.00 | Buy | B. Riley Securities |
12/14/2022 | $13.00 | Buy | Johnson Rice |
12/5/2022 | $13.00 | Buy | UBS |
11/18/2022 | Hold → Buy | Tudor, Pickering, Holt & Co. |
OPAL Fuels Inc. (NASDAQ:OPAL) announced that it will release its earnings results for the fourth quarter and full year ended December 31, 2024, after market close on Thursday, March 13, 2025. A conference call will take place on Friday, March 14, 2025 at 11:00 a.m. Eastern Time. A listen-only connection to the investor presentation will be accessible at https://edge.media-server.com/mmc/p/49xbizz5. Investors can also listen to a webcast of the presentation on the company's Investor Relations website at https://investors.opalfuels.com/news-events/events-presentations. About OPAL Fuels Inc. OPAL Fuels Inc. (NASDAQ:OPAL) is a leader in the capture and conversion of biogas into low carbon
The four new projects would represent 1.5 million MMBtu of aggregate annual design capacity for OPAL Fuels OPAL Fuels Inc. (NASDAQ:OPAL) announced today it has entered into joint venture partnerships to develop four new landfill RNG production projects. OPAL's 50% share of the four projects represents 1.5 million MMBtu of aggregate annual design capacity. The company is in the process of conducting development and engineering work on the sites and anticipates beginning construction over the course of 2025. When fully operational, the total output from these facilities would be approximately 20 million GGE annually. "We are very excited about adding these four new projects to our RNG por
OPAL Fuels Inc. (NASDAQ:OPAL) announced today the acquisition of the Western Milling fueling station in Visalia, California. OPAL will upgrade the station and sell to Western Milling's transportation business, OHK Transport, and other local shippers. OPAL anticipates supplying RNG to this high-volume station from its production facilities as well as third party RNG suppliers. "Acquisition of this station expands OPAL's RNG dispensing network to meet the growing demand for renewable transportation fuels in California," said Adam Comora, co-CEO of OPAL Fuels. "As more fleets look to profitably move from diesel to alternative fuels, RNG represents the best choice as an ultra low-carbon solut
Proven energy industry executive brings over 25 years of extensive financial, operational, and strategic leadership experience in energy sector to drive disciplined growth and value creation OPAL Fuels Inc. (NASDAQ:OPAL), today announced the appointment of Kazi Hasan as Chief Financial Officer, effective February 3, 2025. Mr. Hasan succeeds Scott Contino, who has served as interim CFO since October 2023. Mr. Contino will continue in his role as Chief Financial Officer of the Company's sponsor, Fortistar. With over 25 years of operational, financial, and strategic leadership experience in the power, utility, and renewable energy sectors, Mr. Hasan has a proven track record of creating sh
OPAL will supply RNG to a market-leading freight logistics operator under a long term agreement for the new fueling stations. OPAL Fuels Inc. (NASDAQ:OPAL) today announced it has executed a long-term agreement with a market-leading provider of integrated logistics solutions to supply renewable natural gas ("RNG") at five new fueling stations that are currently being built and will be serviced by OPAL Fuels under existing long-term agreements. The new station supply agreement builds upon a decade-long collaboration between the companies which has established a broad network of fueling stations across the United States. The six-year RNG supply agreement anticipates a combined annual volum
Birck to scale biogas operations, bringing over two decades of energy industry engineering, construction, and business optimization experience OPAL Fuels Inc. (NASDAQ:OPAL) announced today the appointment of Darrell P. Birck as Executive Vice President of Biogas. The appointment is effective immediately and Darrell will report to Co-CEOs, Adam Comora and Jonathan Maurer. In this role, Darrell will be responsible for leading OPAL Fuels' biogas construction and operations businesses, while driving the company's mission of providing "Cleaner, Cheaper, Now" fuel solutions. "I am pleased to welcome Darrell to OPAL Fuels as he brings a wealth of experience in biofuels, chemical manufacturi
OPAL Fuels Inc. ("OPAL Fuels" or the "Company") (NASDAQ:OPAL), a vertically integrated leader in the capture and conversion of biogas into low carbon intensity renewable natural gas (RNG) and renewable power, today announced results for the three and nine months ended September 30, 2024. "Our third quarter results were strong and provide momentum for this year and next," said Adam Comora, Co-CEO. "We're executing on our strategic objectives - bringing RNG projects online, putting additional projects into construction, and growing and leveraging our vertically integrated downstream business. Over the course of this year, we have successfully brought online three landfill RNG facilities, beg
OPAL Fuels Inc. (NASDAQ:OPAL) today announced the start of commercial operations at its renewable natural gas (RNG) facility at the Polk County municipal landfill in Jones Corner, Florida, marking the company's eleventh operational RNG project and second facility in the state. Owned and operated by Polk County's municipal government, the landfill is now providing biogas to OPAL's RNG project which is producing and injecting pipeline-quality RNG. With a nameplate design capacity of approximately 1.1 million MMBtu (8.5 million gasoline gallon equivalents) of RNG per year, the product RNG will be primarily used to replace diesel transportation fuel to lower fleet operating costs and reduce gr
OPAL Fuels Inc. (NASDAQ:OPAL), a vertically integrated leader in the capture and conversion of biogas into low carbon intensity renewable natural gas (RNG) and renewable electricity, announced that it will release its earnings results for the third quarter ended September 30, 2024, after market close on Thursday, November 7, 2024. A conference call will take place on Friday, November 8, 2024 at 11:00 a.m. Eastern Time. A listen-only connection to the investor presentation will be accessible at https://edge.media-server.com/mmc/p/3tp9s5us. Investors can also listen to a webcast of the presentation on the company's Investor Relations website at https://investors.opalfuels.com/news-events/eve
WHITE PLAINS, N.Y., Oct. 7, 2024 /PRNewswire/ - GFL Environmental Inc. (NYSE:GFL) (TSX:GFL) ("GFL") and OPAL Fuels Inc. (NASDAQ:OPAL) today announced their joint venture, Paragon RNG has commenced commercial operations of their new renewable natural gas ("RNG") facility at the Sampson County Landfill. The landfill, owned and operated by a subsidiary of GFL, is located in Roseboro, North Carolina. The plant is producing and injecting pipeline quality RNG. EPA registrations have been filed for the project and we expect a normal ramp-up period for the facility. The project is part of the previously announced joint venture between the two companies to develop RNG facilities at landfills owned
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Proven energy industry executive brings over 25 years of extensive financial, operational, and strategic leadership experience in energy sector to drive disciplined growth and value creation OPAL Fuels Inc. (NASDAQ:OPAL), today announced the appointment of Kazi Hasan as Chief Financial Officer, effective February 3, 2025. Mr. Hasan succeeds Scott Contino, who has served as interim CFO since October 2023. Mr. Contino will continue in his role as Chief Financial Officer of the Company's sponsor, Fortistar. With over 25 years of operational, financial, and strategic leadership experience in the power, utility, and renewable energy sectors, Mr. Hasan has a proven track record of creating sh
Birck to scale biogas operations, bringing over two decades of energy industry engineering, construction, and business optimization experience OPAL Fuels Inc. (NASDAQ:OPAL) announced today the appointment of Darrell P. Birck as Executive Vice President of Biogas. The appointment is effective immediately and Darrell will report to Co-CEOs, Adam Comora and Jonathan Maurer. In this role, Darrell will be responsible for leading OPAL Fuels' biogas construction and operations businesses, while driving the company's mission of providing "Cleaner, Cheaper, Now" fuel solutions. "I am pleased to welcome Darrell to OPAL Fuels as he brings a wealth of experience in biofuels, chemical manufacturi
~ Kevin M. Fogarty to serve as Non-Executive Chair of the Board of Directors for the proposed newly combined company ~ James M. Till to serve as Executive Vice President, Chief Financial Officer & Treasurer ~ Tarun Manroa to serve as Executive Vice President, Chief Operating Officer CHARLOTTE, N.C., April 11, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE:GLT), a leading global supplier of engineered materials, in anticipation of the previously announced proposed merger of the majority of Berry Global's Health, Hygiene, and Specialties segment to include its Global Nonwovens and Films ("HHNF") business with Glatfelter, is pleased to announce today key leadership appointments, in
OPAL Fuels Inc. (NASDAQ:OPAL), a vertically integrated producer and distributor of renewable natural gas and renewable electricity (the "Company"), today announced that Ann Anthony has notified the Company of her intention to resign as the Company's Chief Financial Officer ("CFO") to pursue another professional opportunity, and that Scott Contino, CFO of the Company's sponsor, Fortistar, has been appointed as interim CFO. Mr. Contino has been part of the OPAL Fuels business since inception, and previously served as the CFO of its predecessor parent company. Ms. Anthony's departure date has not yet been determined but remains under discussion between the Company and Ms. Anthony. Mr. Contin
New director brings decades of global freight and transportation experience to enhance Board expertise OPAL Fuels Inc. (NASDAQ:OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable energy, announced that Jim Martell has been appointed to serve on its Board of Directors and Audit Committee, effective June 28, 2023. "Jim is an accomplished transportation industry leader whose broad skillset and talents will help us drive greater impact as we continue to expand RNG production and supply heavy duty transportation fleets with a fuel source that's cleaner than fossil fuels at no additional cost," said Mark Comora, Chairman of OPAL Fuels'
OPAL Fuels Inc. (NASDAQ:OPAL), a vertically integrated producer and distributor of renewable natural gas (RNG), today announced the appointment of Gordon (Gord) McLennan as Vice President of Business Development, reporting to Dave Unger, Executive Vice President. Gord will expand OPAL Fuels' business development reach on the upstream side of the business. He has over 35 years of experience in domestic and international sales, revenue generation, project development, operations management, change management and leadership, both in small- to medium-sized enterprises as well as large publicly listed companies. "We're very pleased to have Gord join our team to help support and expand our sign
Scotiabank downgraded OPAL Fuels from Sector Outperform to Sector Perform and set a new price target of $5.00 from $8.00 previously
Scotiabank initiated coverage of OPAL Fuels with a rating of Sector Outperform and set a new price target of $10.55
Goldman initiated coverage of OPAL Fuels with a rating of Sell and set a new price target of $5.80
Janney initiated coverage of OPAL Fuels with a rating of Buy and set a new price target of $13.00
Piper Sandler initiated coverage of OPAL Fuels with a rating of Overweight and set a new price target of $12.00
B. Riley Securities initiated coverage of OPAL Fuels with a rating of Buy and set a new price target of $14.00
Johnson Rice initiated coverage of OPAL Fuels with a rating of Buy and set a new price target of $13.00
UBS initiated coverage of OPAL Fuels with a rating of Buy and set a new price target of $13.00
Tudor, Pickering, Holt & Co. upgraded OPAL Fuels from Hold to Buy
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OPAL Fuels Inc. (NASDAQ:OPAL) announced that it will release its earnings results for the fourth quarter and full year ended December 31, 2024, after market close on Thursday, March 13, 2025. A conference call will take place on Friday, March 14, 2025 at 11:00 a.m. Eastern Time. A listen-only connection to the investor presentation will be accessible at https://edge.media-server.com/mmc/p/49xbizz5. Investors can also listen to a webcast of the presentation on the company's Investor Relations website at https://investors.opalfuels.com/news-events/events-presentations. About OPAL Fuels Inc. OPAL Fuels Inc. (NASDAQ:OPAL) is a leader in the capture and conversion of biogas into low carbon
OPAL Fuels Inc. (NASDAQ:OPAL) announced today the acquisition of the Western Milling fueling station in Visalia, California. OPAL will upgrade the station and sell to Western Milling's transportation business, OHK Transport, and other local shippers. OPAL anticipates supplying RNG to this high-volume station from its production facilities as well as third party RNG suppliers. "Acquisition of this station expands OPAL's RNG dispensing network to meet the growing demand for renewable transportation fuels in California," said Adam Comora, co-CEO of OPAL Fuels. "As more fleets look to profitably move from diesel to alternative fuels, RNG represents the best choice as an ultra low-carbon solut
OPAL Fuels Inc. ("OPAL Fuels" or the "Company") (NASDAQ:OPAL), a vertically integrated leader in the capture and conversion of biogas into low carbon intensity renewable natural gas (RNG) and renewable power, today announced results for the three and nine months ended September 30, 2024. "Our third quarter results were strong and provide momentum for this year and next," said Adam Comora, Co-CEO. "We're executing on our strategic objectives - bringing RNG projects online, putting additional projects into construction, and growing and leveraging our vertically integrated downstream business. Over the course of this year, we have successfully brought online three landfill RNG facilities, beg
OPAL Fuels Inc. (NASDAQ:OPAL), a vertically integrated leader in the capture and conversion of biogas into low carbon intensity renewable natural gas (RNG) and renewable electricity, announced that it will release its earnings results for the third quarter ended September 30, 2024, after market close on Thursday, November 7, 2024. A conference call will take place on Friday, November 8, 2024 at 11:00 a.m. Eastern Time. A listen-only connection to the investor presentation will be accessible at https://edge.media-server.com/mmc/p/3tp9s5us. Investors can also listen to a webcast of the presentation on the company's Investor Relations website at https://investors.opalfuels.com/news-events/eve
OPAL Fuels Inc. ("OPAL Fuels" or the "Company") (NASDAQ:OPAL), a vertically integrated leader in the capture and conversion of biogas into low carbon intensity RNG and Renewable Power, today announced results for the three and six months ended June 30, 2024. "Second quarter results were solid and we remain on target to achieve our 2024 financial objectives," said Adam Comora, Co-Chief Executive Officer. "We achieved Adjusted EBITDA of $18.9 million, driven by growing RNG production, supportive RIN prices and improved margins in our Fuel Stations Services segment. A substantial majority of our expected RIN sales for this year are now contracted at favorable pricing and we remain on schedul
OPAL Fuels Inc. (NASDAQ:OPAL), a vertically integrated leader in the capture and conversion of biogas into low carbon intensity renewable natural gas (RNG) and renewable electricity, announced that it will release its earnings results for the second quarter ended June 30, 2024, after market close on Wednesday, August 7, 2024. A conference call will take place on Thursday, August 8, 2024 at 11:00 a.m. Eastern Time. A listen-only connection to the investor presentation will be accessible at https://edge.media-server.com/mmc/p/haz262ph. Investors can also listen to a webcast of the presentation on the company's Investor Relations website at https://investors.opalfuels.com/news-events/events-
OPAL Fuels Inc. ("OPAL Fuels" or the "Company") (NASDAQ:OPAL), a vertically integrated leader in the capture and conversion of biogas into low carbon intensity renewable natural gas (RNG) and renewable electricity, today announced financial and operating results for the three months ended March 31, 2024. "First quarter financial and operational results reflect the strength of our integrated business model and provide the foundation for what we view as an important year of progressive growth in production and earnings at OPAL Fuels," said co-CEO Adam Comora. "Benefiting from continuing industry tailwinds that support the capture of naturally occurring methane emissions and converting them
OPAL Fuels Inc. (NASDAQ:OPAL), a vertically integrated leader in the capture and conversion of biomethane into low carbon intensity renewable natural gas (RNG) and renewable electricity, announced that it will release its earnings results for the first quarter ended March 31, 2024, after market close on Thursday, May 9, 2024. A conference call will take place on Friday, May 10, 2024 at 11:00 a.m. Eastern Daylight Time. A listen-only connection to the investor presentation will be accessible at https://edge.media-server.com/mmc/p/pychvfvq. Investors can also listen to a webcast of the presentation on the company's Investor Relations website at https://investors.opalfuels.com/news-events/ev
OPAL Fuels Inc. ("OPAL Fuels" or the "Company") (NASDAQ:OPAL), a vertically integrated leader in the capture and conversion of biogas into low carbon intensity renewable natural gas (RNG) and renewable electricity, today announced financial and operating results for the three and twelve months ended December 31, 2023. "OPAL Fuels continues to progress on its strategic and operational goals," said Co-CEO Jonathan Maurer. "Over the last two years, we have more than doubled RNG production and significantly expanded our fueling station network while continuing to organically grow our project pipeline with industry leading partners. We are pleased with our results as we leverage the benefits o
OPAL Fuels Inc. (NASDAQ:OPAL), a vertically integrated leader in the capture and conversion of biomethane into low carbon intensity renewable electricity and renewable natural gas (RNG), announced that it will release its earnings results for the fourth quarter and full year ended December 31, 2023, after market close on Wednesday, March 13, 2024. A conference call will take place on Thursday, March 14, 2024 at 11:00 a.m. Eastern Time. A listen-only connection to the investor presentation will be accessible at https://edge.media-server.com/mmc/p/igoxez25. Investors can also listen to a webcast of the presentation on the company's Investor Relations website at https://investors.opalfuels.c
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