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OPAL Fuels Inc. - OPAL STOCK NEWS

Welcome to our dedicated page for OPAL Fuels news (Ticker: OPAL), a resource for investors and traders seeking the latest updates and insights on OPAL Fuels stock.

OPAL Fuels Inc (OPAL) drives innovation in renewable natural gas solutions for heavy-duty transportation and industrial decarbonization. This news center provides stakeholders with authoritative updates on the company's infrastructure projects, operational milestones, and environmental impact initiatives.

Discover official announcements covering RNG production growth, fueling station network expansions, and strategic partnerships within the clean energy sector. Our curated selection enables efficient tracking of OPAL's progress in replacing diesel with sustainable alternatives across commercial fleets and manufacturing operations.

Regular updates include financial performance reports, regulatory compliance developments, and technological advancements in biogas upgrading systems. This resource simplifies monitoring OPAL's integrated approach to renewable energy solutions while maintaining neutral, factual reporting standards.

Bookmark this page for direct access to OPAL Fuels' latest corporate announcements and industry analysis. Stay informed about critical developments in renewable fuel infrastructure through comprehensive coverage of operational achievements and market positioning.

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South Jersey Industries and OPAL Fuels enter joint venture to develop RNG facilities, starting with Atlantic RNG facility in New Jersey landfill
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OPAL Fuels closes $500M credit facility for renewable energy projects, providing liquidity and financial flexibility for strategic growth initiatives.
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OPAL Fuels' New River RNG facility receives recognition as Project of the Year for its innovative renewable energy solution
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OPAL Fuels Inc. (OPAL) announced financial and operating results for the three and six months ended June 30, 2023. Revenue was $55.0 million and $98.0 million, up 3% and down 4% compared to the same periods last year. Net income was $114.1 million and $106.7 million, compared to net loss of $0.3 million and $4.8 million in the prior-year periods. Adjusted EBITDA was $21.4 million and $30.1 million, up 92% and 97% compared to the same periods last year. The company's liquidity was $44.1 million as of June 30, 2023.
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OPAL Fuels announced its financial results for 2022, reporting a revenue of $235.5 million, a 42% increase from 2021, and a net income of $32.6 million. The company achieved a 38% growth in renewable natural gas (RNG) production, with expectations for over 50% growth in 2023. The Advanced Development Pipeline now includes 8.3 million MMBtu across 19 projects. OPAL Fuels anticipates a full-year Adjusted EBITDA between $85 and $95 million in 2023, driven by a projected RNG production of 3.2 million to 3.6 million MMBtu. The company expects benefits from the Inflation Reduction Act and outlined upcoming projects in their pipeline.

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OPAL Fuels Inc.

Nasdaq:OPAL

OPAL Rankings

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39.52M
21.86M
24.42%
61.46%
4.27%
Utilities - Regulated Gas
Gas & Other Services Combined
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United States
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