OPAL - OPAL Fuels Inc. Stock Price, Fair Value and News

4.83USD+0.24 (+5.23%)Market Closed

Market Summary

USD4.83+0.24

Market Closed

5.23%

OPAL Stock Price

View Fullscreen

OPAL RSI Chart

OPAL Valuation

Market Cap

131.1M

Price/Earnings (Trailing)

1.03

Price/Sales (Trailing)

0.51

EV/EBITDA

0.62

Price/Free Cashflow

-1.74

OPAL Price/Sales (Trailing)

OPAL Profitability

EBT Margin

49.60%

Return on Equity

-26.58%

Return on Assets

16.83%

Free Cashflow Yield

-57.62%

OPAL Fundamentals

OPAL Revenue

Revenue (TTM)

256.1M

Rev. Growth (Yr)

30.41%

Rev. Growth (Qtr)

22.37%

OPAL Earnings

Earnings (TTM)

127.0M

Earnings Growth (Yr)

-37.25%

Earnings Growth (Qtr)

8.8K%

Breaking Down OPAL Revenue

Last 7 days

4.6%

Last 30 days

-0.8%

Last 90 days

4.1%

How does OPAL drawdown profile look like?

OPAL Financial Health

Current Ratio

1.68

OPAL Investor Care

Shares Dilution (1Y)

5.33%

Diluted EPS (TTM)

0.7

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	229.4M	231.3M	235.8M	256.1M
2022	183.5M	200.8M	218.2M	235.5M
2021	0	0	0	166.1M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of OPAL Fuels Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 31, 2024	comora mark s	acquired	-	-	19,369	-
Mar 31, 2024	comora adam	sold (taxes)	-65,546	5.02	-13,057	co-chief executive officer
Mar 31, 2024	battle betsy l.	acquired	-	-	19,369	-
Mar 31, 2024	coghlin john	acquired	-	-	32,880	general counsel
Mar 31, 2024	nisar nadeem	acquired	-	-	19,369	-
Mar 31, 2024	dols scott v.	acquired	-	-	19,369	-
Mar 31, 2024	comora adam	acquired	-	-	35,869	co-chief executive officer
Mar 31, 2024	unger david c	sold (taxes)	-149,481	5.02	-29,777	executive vice president
Mar 31, 2024	edelbach scott	sold (taxes)	-6,224	5.02	-1,240	executive vice president
Mar 31, 2024	maurer jonathan gilbert	acquired	-	-	35,869	co-chief executive officer

Which funds bought or sold OPAL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 01, 2024	IRIDIAN ASSET MANAGEMENT LLC/CT	sold off	-100	-413,299	-	-%
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-32.6	-69,970	110,826	-%
Apr 25, 2024	SIMPLEX TRADING, LLC	reduced	-6.21	-3,000	18,000	-%
Apr 17, 2024	PEOPLES FINANCIAL SERVICES CORP.	unchanged	-	-250	2,505	-%
Apr 15, 2024	GoalVest Advisory LLC	unchanged	-	-1,523	15,296	-%
Apr 05, 2024	CWM, LLC	reduced	-28.63	-315,000	582,000	-%
Mar 21, 2024	HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	sold off	-100	-122,877	-	-%
Mar 11, 2024	VANGUARD GROUP INC	added	2.65	-3,919,640	8,766,270	-%
Mar 01, 2024	Electron Capital Partners, LLC	unchanged	-	-4,824,000	9,936,000	0.42%

Are Funds Buying or Selling OPAL?

Are funds buying OPAL calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own OPAL

No. of Funds

Unveiling OPAL Fuels Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 15, 2024	comora mark s	84.2%	145,289,762	SC 13D/A
Feb 14, 2024	encompass capital advisors llc	9.80%	2,741,370	SC 13G/A
Feb 14, 2024	electron capital partners, llc	6.4%	1,800,000	SC 13G/A
Feb 14, 2024	barclays plc	7.79%	2,179,689	SC 13G
Feb 13, 2024	vanguard group inc	5.68%	1,588,093	SC 13G
Feb 13, 2024	zimmer partners, lp	8.2%	2,293,818	SC 13G/A
Jan 05, 2024	nextera energy inc	7.7%	-	SC 13D/A
Dec 19, 2023	arclight ctc holdings ii, l.p.	0.8%	1,395,135	SC 13D/A

Recent SEC filings of OPAL Fuels Inc.

View All Filings

Date Filed	Form Type	Document
May 01, 2024	8-K	Current Report
Apr 22, 2024	ARS	ARS
Apr 22, 2024	DEF 14A	DEF 14A
Apr 22, 2024	DEFA14A	DEFA14A
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading

Peers (Alternatives to OPAL Fuels Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AEP	46.5B	19.3B	3.57%	-2.88%	16.51	2.41	-2.13%	41.75%
AWK	24.5B	4.3B	5.35%	-14.01%	25.59	5.7	10.78%	15.26%
AEE	20.0B	7.5B	1.99%	-15.09%	17.32	2.67	-5.74%	7.23%
ATO	18.0B	3.9B	1.12%	5.47%	19.41	4.55	-15.47%	16.09%
NRG	15.6B	28.8B	9.53%	124.70%	-77.38	0.54	-8.62%	-116.54%
AGR	14.2B	8.3B	1.47%	-9.43%	15.87	1.71	0.05%	30.98%
AES	13.5B	12.5B	6.29%	-14.98%	-2.1K	1.08	-3.77%	98.49%
CPK	2.4B	670.6M	3.75%	-12.18%	27.79	3.61	-1.48%	-2.88%
MID-CAP
PNW	8.5B	4.7B	1.38%	-4.28%	15.82	1.81	4.84%	12.15%
ALE	3.5B	1.9B	1.30%	-2.73%	14.18	1.86	19.68%	30.53%
AVA	2.9B	1.9B	5.02%	-15.69%	15.32	1.53	9.47%	35.66%
SMALL-CAP
CWCO	411.2M	180.2M	-0.72%	51.28%	13.83	2.28	91.50%	388.02%
CDZI	160.3M	2.0M	-11.48%	-41.13%	-5.1	79.74	33.96%	-26.84%
VIA	35.3M	415.8M	1.49%	5.31%	1.49	0.08	-11.16%	525.10%
CREG	8.1M	-	-28.67%	-35.44%	-10.88	12.3	-88.45%	83.25%

OPAL Fuels Inc. News

Latest updates

OPAL Fuels Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)										(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Revenue	22.4%	87,008	71,101	55,042	42,957	66,717	66,550	53,217	49,047	48,116	47,184
Costs and Expenses	-7.3%	64,196	69,228	61,412	54,232	58,540	68,485	50,907	50,036	-	44,030
S&GA Expenses	-29.9%	9,533	13,594	13,663	14,472	16,825	15,751	7,955	10,855	15,604	7,922
EBITDA Margin	-12.8%	0.58*	0.67*	0.71*	0.22*	0.22*	0.26*	0.28*	0.30*	0.34*	-
Interest Expenses	21.8%	2,977	2,445	185	1,322	-	4,153	1,324	1,536	-	-
Income Taxes	-	-	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	8751.5%	20,093	227	114,050	-7,346	32,019	5,369	-342	-4,467	-	773
EBT Margin	-15.8%	0.50*	0.59*	0.62*	0.13*	0.14*	0.19*	0.20*	0.22*	0.25*	-
Net Income	8751.5%	20,093	227	114,050	-7,346	32,019	5,369	-342	-4,467	56,913	-989
Net Income Margin	-15.8%	0.50*	0.59*	0.62*	0.13*	0.14*	0.26*	0.25*	0.22*	0.26*	-
Free Cashflow	151.1%	11,866	-23,200	-29,614	-34,609	-25,527	-42,519	-32,242	-31,494	-39,012	1,518

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet													(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2021Q1
Assets	9.3%	755	690	672	607	645	656	312	312	381	313	314	314	-
Current Assets	21.1%	128	106	101	135	212	286	1.00	1.00	87.00	2.00	2.00	4.00	0.00
Cash Equivalents	155.7%	38.00	15.00	22.00	33.00	40.00	71.00	100	53.00	42.00	27.00	1.00	3.00	-
Goodwill	0%	55.00	55.00	55.00	55.00	55.00	55.00	-	-	55.00	-	-	-	-
Liabilities	17.2%	297	254	221	243	267	337	23.00	37.00	286	29.00	37.00	27.00	-
Current Liabilities	34.2%	76.00	57.00	115	131	153	188	0.00	0.00	142	0.00	0.00	2.00	0.00
Shareholder's Equity	-Infinity%	-477	-	-	-	-774	-	18.00	7.00	1.00	45.00	18.00	13.00	0.00
Retained Earnings	44.5%	-467	-841	-749	-807	-800	-1,066	-21.65	-35.20	-	-26.61	-34.82	-23.21	-0.01
Additional Paid-In Capital	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00
Shares Outstanding	0.6%	27.00	27.00	27.00	27.00	26.00	26.00	-	-	-	8.00	-	-	6.00
Minority Interest	8.0%	1.00	1.00	1.00	28.00	26.00	27.00	-	-	1.00	-	-	-	-
Float	-	-	-	160	-	-	-	159	-	311	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)												(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1
Cashflow From Operations	1230.2%	33,442	-2,959	3,615	4,171	20,649	-12,729	-290	-8,985	-10,041	30,489	-1,581	-10.26
Share Based Compensation	-39.1%	1,157	1,899	1,877	971	990	159	160	160	-	-	-	-
Cashflow From Investing	-74.6%	-29,229	-16,738	-19,286	-8,894	35,187	-164,754	-31,952	-22,509	-47,441	241,400	-	-311,163
Cashflow From Financing	51.4%	21,441	14,159	2,975	-32,676	-49,975	148,564	79,555	42,406	72,285	-261,190	-52.00	313,971

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

OPAL Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Revenues:

Total revenues

$ 256,108

$ 235,531

Operating expenses:

Research and Development Expense

4,866

6,438

Selling, general, and administrative

51,262

51,386

Depreciation, amortization, and accretion

14,565

13,136

Income from equity method investments

(5,525)

(5,784)

Total expenses

249,068

227,968

Operating income

7,040

7,563

Interest and financing expense, net

(9,306)

(6,640)

Change in fair value of derivative instruments, net

7,346

33,081

Other income

124,472

1,943

Loss on debt extinguishment

(2,190)

Loss on warrant exchange

(338)

(3,368)

Income before provision for income taxes

127,024

32,579

Provision for income taxes

Net income

127,024

32,579

Net income attributable to redeemable non-controlling interests

97,426

22,409

Net loss attributable to non-redeemable non-controlling interests

(349)

(1,153)

Dividends on Redeemable preferred non-controlling interests

^[1]

11,011

7,932

Net income attributable to Class A common stockholders

$ 18,936

$ 3,391

Weighted average shares outstanding of Class A common stock :

Basic (in shares)

27,148,538

25,774,312

Diluted (in shares)

27,494,016

26,062,398

Per share amounts:

Basic (in dollars per share)

$ 0.70

$ 0.13

Diluted (in dollars per share)

$ 0.69

$ 0.12

RNG Fuel

Revenues:

Total revenues

$ 66,292

$ 73,158

Operating expenses:

Cost of sales

32,028

32,367

RNG Fuel | Related Party

Revenues:

Total revenues

56,069

58,185

Fuel Station Services

Revenues:

Total revenues

135,012

117,415

Operating expenses:

Cost of sales

115,322

98,845

Fuel Station Services | Related Party

Revenues:

Total revenues

28,468

18,735

Renewable Power

Revenues:

Total revenues

54,804

44,958

Operating expenses:

Cost of sales

36,550

31,580

Renewable Power | Related Party

Revenues:

Total revenues

$ 6,614

$ 5,495

[1]

Paid-in-kind preferred dividend is allocated between redeemable non-controlling interests and Class A common stockholders basis their weighted average percentage of ownership. Please see Note 13. Redeemable non-controlling interests, Redeemable preferred non-controlling interests and Stockholders' Equity for additional information.

OPAL Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents (includes $166 and $12,506 at December 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	$ 38,348	$ 40,394
Accounts receivable, net (includes $33 and $966 at December 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	27,623	31,083
Restricted cash - current (includes $4,395 and $6,971 at December 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	4,395	32,402
Short term investments	9,875	64,976
Fuel tax credits receivable	5,345	4,144
Contract assets	6,790	9,771
Parts inventory (includes $29 and $— at December 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	10,191	7,311
Environmental credits held for sale	172	1,674
Prepaid expense and other current assets (includes $107 and $415 at December 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	6,005	7,625
Derivative financial assets, current portion	633	182
Total current assets	128,073	211,983
Capital spares	3,468	3,443
Property, plant, and equipment, net (includes $26,626 and $73,140 at December 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	339,493	297,323
Operating leases, Right-of-use assets	12,301	11,744
Investment in other entities	207,099	51,765
Note receivable - variable fee component	2,302	1,942
Derivative financial assets, non-current portion	0	954
Deferred financing costs	0	3,013
Other long-term assets	1,162	1,489
Intangible assets, net	1,604	2,167
Restricted cash - non-current (includes $1,850 and $2,923 at December 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	4,499	4,425
Goodwill	54,608	54,608
Total assets	754,609	644,856
Current liabilities:
Fuel tax credits payable	4,558	3,320
Accrued payroll	9,023	8,979
Accrued capital expenses (includes $— and $7,821 at December 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	15,128	11,922
Accrued expenses and other current liabilities (includes $647 and $646 at December 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	14,245	9,573
Contract liabilities	6,314	8,013
OPAL Term Loan, current portion	0	27,732
Sunoma loan, current portion (includes $1,608 and $380 at December 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	1,608	380
Convertible Note Payable	0	28,528
Municipality Loan	0	76
Derivative financial liability, current portion	0	4,596
Operating lease liabilities - current portion	638	630
Other current liabilities (includes $92 and $— at December 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	92	1,085
Asset retirement obligation, current portion	3,860	1,296
Total current liabilities	76,391	152,905
Asset retirement obligation, non-current portion	2,868	4,960
OPAL Term Loan, net of debt issuance costs	176,532	66,600
Sunoma loan, net of debt issuance costs (includes $20,010 and $21,712 at December 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	20,010	21,712
Lease liabilities - non-current portion, operating lease	11,824	11,245
Earn out liabilities	1,900	8,790
Other long-term liabilities (includes $211 and $— at December 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	7,599	825
Total liabilities	297,124	267,037
Commitments and contingencies
Stockholders' (deficit) equity
Additional paid-in capital	0	0
Accumulated deficit	(467,195)	(800,813)
Accumulated other comprehensive (loss) income	(15)	195
Class A common stock in treasury, at cost; 1,635,783 and — shares at December 31, 2023 and December 31, 2022, respectively	(11,614)	0
Total Stockholders' (deficit) equity attributable to the Company	(478,807)	(800,601)
Non-redeemable non-controlling interests	955	26,445
Total Stockholders' (deficit) equity	(477,852)	(774,156)
Total liabilities, Redeemable preferred, Redeemable non-controlling interests and Stockholders' (deficit) equity	754,609	644,856
Nonrelated Party
Current liabilities:
Accounts payable	13,901	17,649
Related Party
Current assets:
Accounts receivable, related party	18,696	12,421
Current liabilities:
Accounts payable	7,024	6,376
Senior Secured Credit Facility, term loan
Current liabilities:
Senior Secured Credit Facility - term loan, current portion, net of debt issuance costs	0	15,250
Senior Secured Credit Facility - working capital facility, current portion	0	15,250
Senior Secured Credit Facility, working capital facility
Current liabilities:
Senior Secured Credit Facility - term loan, current portion, net of debt issuance costs	0	7,500
Senior Secured Credit Facility - working capital facility, current portion	0	7,500
Redeemable preferred non-controlling interests
Current liabilities:
Redeemable non-controlling interests	132,617	138,142
Redeemable non-controlling interests
Current liabilities:
Redeemable non-controlling interests	802,720	1,013,833
Class A common stock
Stockholders' (deficit) equity
Common stock	3	3
Common Class B
Stockholders' (deficit) equity
Common stock	0	0
Common Class C
Stockholders' (deficit) equity
Common stock	0	0
Class D common stock
Stockholders' (deficit) equity
Common stock	$ 14	$ 14

About OPAL Fuels Inc.

OPAL Fuels Inc., together with its subsidiaries, 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. OPAL Fuels Inc. was founded in 1998 and is based in White Plains, New York.

WEBSITE	opalfuels.com
INDUSTRY	Utilities Regulated Electric
EMPLOYEES	298

OPAL Fuels Inc. Frequently Asked Questions

What is the ticker symbol for OPAL Fuels Inc.? What does OPAL stand for in stocks?

OPAL is the stock ticker symbol of OPAL Fuels Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of OPAL Fuels Inc. (OPAL)?

As of Thu May 02 2024, market cap of OPAL Fuels Inc. is 131.13 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OPAL stock?

You can check OPAL's fair value in chart for subscribers.

What is the fair value of OPAL stock?

You can check OPAL's fair value in chart for subscribers. The fair value of OPAL Fuels Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of OPAL Fuels Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OPAL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is OPAL Fuels Inc. a good stock to buy?

The fair value guage provides a quick view whether OPAL is over valued or under valued. Whether OPAL Fuels Inc. is cheap or expensive depends on the assumptions which impact OPAL Fuels Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OPAL.

What is OPAL Fuels Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 02 2024, OPAL's PE ratio (Price to Earnings) is 1.03 and Price to Sales (PS) ratio is 0.51. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OPAL PE ratio will change depending on the future growth rate expectations of investors.