OPAL Fuels Inc. Class A (OPAL)

OPAL Fuels' stock performance has been influenced by its quarterly earnings reports and broader market conditions. In Q2 2025, the company reported strong RNG production growth but a decrease in Adjusted EBITDA. In Q3 2025, OPAL Fuels reported increased RNG production but lower revenue and adjusted EBITDA. As of February 6, 2026, the stock price was $2.41.

While specific seasonality is not explicitly provided, natural gas use typically experiences peaks in winter and summer. For the transportation sector, demand for natural gas vehicles is growing due to environmental awareness and regulatory support. The fuel station services segment generates largely contract-based earnings, suggesting a more stable demand profile.

OPAL Fuels, Inc. is a vertically integrated renewable fuels platform specializing in the production and distribution of low-carbon intensity renewable natural gas (RNG) for the heavy-duty truck market. The company captures harmful methane emissions, purifies them, and converts them into RNG to replace diesel and other high-carbon intensity fossil fuels. Its major products and services include RNG production, RNG and hydrogen fueling stations, renewable power generation, and environmental attributes.

Headquartered in White Plains, New York, OPAL Fuels operates nationwide across the United States. As of November 2025, OPAL Fuels had 12 operating facilities with an annual design capacity of 9.1 million MMBtu, and 63 OPAL-owned fueling stations, with an additional 41 under construction.

OPAL Fuels' brand reputation is largely tied to its operational growth, financial performance, and commitment to decarbonization. The company consistently highlights its role as a leader in capturing methane emissions and providing low-carbon intensity RNG solutions. There is no readily available public information indicating significant negative events or controversies.

OPAL Fuels Inc. has 128 institutional owners and shareholders including Ares Management Llc, Invesco Ltd., and Vanguard Group Inc. Individual insider buying activity has also been noted.