OPAL Fuels Inc.OPAL
What OPAL Fuels Inc. does.
OPAL Fuels Inc. (including its subsidiaries, the “Company,” “OPAL,” “we,” “us” or “our”) is a vertically integrated leader in the capture and conversion of biogas into low carbon intensity renewable natural gas ("RNG") and Renewable Power. OPAL Fuels is also a leader in the marketing and distribution of RNG to heavy duty trucking and other hard to de-carbonize industrial sectors. RNG is chemically identical to the natural gas used for cooking, heating homes and fueling natural gas engines, with one significant difference: RNG is produced by recycling methane emissions created by decaying organic waste as opposed to natural gas which is a fossil fuel pumped from the ground. We have participated in the biogas-to-energy industry for over 20 years.
Biogas is generated by microbes as they break down organic matter in the absence of oxygen. Biogas is comprised of non-fossil waste gas, with high concentrations of methane, which is the primary component of RNG and the source for combustion utilized by Renewable Power plants to generate electricity. Biogas can be collected and processed to remove impurities for use as RNG (a form of high-Btu fuel) and injected into existing natural gas pipelines as it is fully interchangeable with fossil fuel-based natural gas. Partially treated biogas can be used directly in heating applications (as a form of medium-Btu fuel) or in the production of Renewable Power. Our principal sources of biogas are (i) LFG, which is produced by the decomposition of organic waste at landfills, and (ii) dairy manure, which is processed through anaerobic digesters to produce the biogas.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | — | $166.1M | $235.5M | $256.1M | $300.0M | $349.0M |
| Net income | — | -$16.2M | $32.6M | $127.0M | $14.3M | $36.4M |
| Free cash flow | — | -$70.8M | -$132.8M | -$75.6M | -$95.9M | -$34.2M |
More on OPAL.
- OPAL Fuels Inc. summary
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- OPAL Fuels Inc. health scores and style box
- OPAL Fuels Inc. earnings
- OPAL Fuels Inc. dividends
- OPAL Fuels Inc. valuation
- OPAL Fuels Inc. ownership and insiders
- OPAL Fuels Inc. peers
Figures from OPAL Fuels Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.