OPAL Fuels (OPAL) Stock News

OPAL Fuels (Nasdaq: OPAL), South Jersey Industries (SJI) and Atlantic County Utilities Authority announced the RNG facility in Egg Harbor Township, NJ, has reached commercial operation as of October 6, 2025.

The facility, at ACUA’s landfill, has a nameplate capacity of 2,500 SCFM of landfill gas and is anticipated to produce more than 650,000 MMBtu or over 4.6 million gasoline gallon equivalent (GGE) per year of RNG. It is the first project to deliver RNG into the South Jersey Gas pipeline and is the first collaboration under the companies’ previously announced 50/50 joint venture. A ribbon-cutting is expected in October 2025.

OPAL Fuels (Nasdaq: OPAL), a leader in renewable and compressed natural gas for transportation, has appointed Lance Moll to its Board of Directors, effective October 1, 2025. Moll brings over 33 years of experience at FedEx, where he most recently served as President and CEO of FedEx Freight, leading 40,000+ employees and achieving significant growth with a 30% revenue increase and nearly tripled operating income.

As a board member, Moll will leverage his extensive experience in operations, sales, transportation, fleet maintenance, facility services, and safety to support OPAL Fuels' mission of expanding RNG and CNG adoption in heavy-duty transportation. Currently, RNG and CNG represent approximately 2% of the Class 8 trucking fuel market, indicating substantial growth potential.

OPAL Fuels (Nasdaq: OPAL) has successfully completed its fourth sale of Inflation Reduction Act (IRA) investment tax credits, amounting to $17.3 million. The tax credits were generated by the company's Polk RNG facility in Polk County, Florida.

The transaction was executed under the IRA tax framework and the One Big Beautiful Bill Act (OBBBA), which maintains the transferability of investment tax credits. This achievement represents a significant milestone for OPAL Fuels and demonstrates the growing market potential for renewable natural gas (RNG) in reducing carbon emissions and enhancing domestic energy security.

OPAL Fuels (Nasdaq: OPAL) reported strong Q2 2025 financial results, with revenue increasing 13% to $80.5 million and net income reaching $7.6 million, up from $1.9 million year-over-year. The company's RNG production grew 33% compared to Q2 2024.

Key operational metrics include 1.2 million MMBtu of RNG produced and 40.8 million GGEs of transportation fuel sold in Q2. The company maintains its full-year 2025 guidance and reports strong liquidity of $203.2 million. Several RNG projects are under development, including the Atlantic RNG project scheduled for Q3 2025 completion.

The quarter was marked by strengthened bipartisan support for biofuels through the One Big Beautiful Bill Act, extending the 45Z production tax credit through 2029. The company completed a sale of $16.7 million in IRA Investment Tax Credits.

OPAL Fuels (Nasdaq: OPAL) has scheduled its second quarter 2025 earnings release and conference call. The company will announce Q2 2025 financial results after market close on Thursday, August 7, 2025.

A conference call will follow on Friday, August 8, 2025, at 11:00 a.m. Eastern Time. Investors can access the presentation through a live webcast available on the company's Investor Relations website or via a dedicated media server link.

OPAL Fuels (Nasdaq: OPAL) announced its addition to the broad-market Russell 3000® Index, effective June 30, 2025, as part of the 2025 Russell indexes reconstitution. The company will also be included in the small-cap Russell 2000® Index along with appropriate growth and value style indexes.

The Russell indexes membership is determined annually based on market capitalization rankings and style attributes, capturing the 3,000 largest U.S. stocks as of April 30, 2025. Co-CEO Jonathan Maurer highlighted this inclusion as a significant milestone that showcases OPAL Fuels' position as an emerging leader in the small-cap segment with its vertically integrated renewable energy model.

OPAL Fuels (Nasdaq: OPAL) has successfully completed the sale of $16.7 million in Inflation Reduction Act (IRA) investment tax credits from its Prince William RNG facility in Virginia. This marks the company's third tax credit sale, demonstrating market confidence in renewable natural gas as a low-carbon fuel solution. The transaction highlights the IRA's role in accelerating renewable natural gas adoption and its contribution to domestic energy security and emissions reduction in the transportation sector.

OPAL Fuels (OPAL) has formed a joint venture with a Republic Services (RSG) affiliate to develop a new biogas-to-renewable natural gas (RNG) facility at Republic's Charlotte Motor Speedway Landfill in Concord, North Carolina. The facility will convert an existing OPAL-owned renewable electricity site and have an initial annual design capacity of 1.4 million MMBtu. The project will capture biomethane from organic material decomposition and convert it into RNG, a low-carbon transportation fuel. The joint venture includes a new long-term gas rights agreement, with OPAL having already invested in construction. The facility's timeline aligns with recent RNG project completions.

OPAL Fuels (NASDAQ: OPAL) reported solid Q1 2025 financial results with revenue of $85.4 million, up 31% year-over-year. Net income reached $1.3 million, compared to $0.7 million in Q1 2024. The company's RNG production increased 38% to 1.1 million MMBtu, while Adjusted EBITDA grew to $20.2 million from $15.2 million. The Fuel Station Services segment showed strong performance, selling 40.6 million GGEs of transportation fuel (+16% YoY), including 19.5 million GGEs of RNG (+19% YoY). Two RNG facilities brought online in Q4 2024 are performing as expected, and the company completed an $8.9 million IRA Investment Tax Credits sale. Construction projects remain on track, though two dairy projects in California face delays due to contractor disputes. The company maintains its full-year 2025 guidance.