Stocks›Utilities›OPAL

OPAL

Opal Fuels Inc

NasdaqResearch view

Opal Fuels Inc operates in the Gas & Other Services Combined industry.

$1.72−3.91%

Oct 7 close · 1D EOD · Databento

UtilitiesGas & Other Services CombinedMicro-capSEC EDGAR FY 2025-12-31

On the WireNo stories on OPAL yet. Follow the company and the next one lands in Following.

What happened

Daily closes · dots are Wire stories

What’s next

Expected around early November, going by its own filing history. The company has not announced a date yet. Its matching report came Nov 7, 2025 and Nov 7, 2024, before the open.

Last report

Aug 10, 2026+11.59%

before the open

Last 4, next close

median 7.55% either way

up 3 of 4

Every report since 2023 →Earnings calendar →

DateEventSourceNext close

Aug 10Earnings release, before the open · 8-KSEC EDGARSEC EDGAR ↗+11.59%

Next close = the first close after the event against the close before it. Prior-session closes only; not a call, not advice.

What happened · big days

34 big days in a year, and what we hold on each

A big day is a close more than 7.21% from the one before, three times OPAL’s median day (2.40%). On 0 of the 34, its peer group moved the same way at least half as far. We show what we hold. We never name a cause.

every other trading daya big day, numbered in the list below±7.21%Hover a bar for its day. Click a big day to open it.

Shaded: since our stories began, Jun 10. Tap a bar for its day.

#DayOPALWhat we hold that dayGroup (median of 4) · each

1 Oct 6, 2025+9.65%
Before our storiesgroup −1.1%, did not move with it
1Oct 6, 2025+9.65%
Before our stories
−1.1% did not move with itSRE +1.1 · UGI −0.7 · CLNE −1.5 · MNTK −8.1
2 Oct 15, 2025+8.59%
Before our storiesgroup +1.8%, did not move with it
2Oct 15, 2025+8.59%
Before our stories
+1.8% did not move with itUGI +2.2 · MNTK +1.9 · CLNE +1.7 · SRE +1.1
3 Oct 16, 2025−7.91%
Before our storiesgroup −2.0%, did not move with it
3Oct 16, 2025−7.91%
Before our stories
−2.0% did not move with itMNTK −2.7 · CLNE −2.7 · UGI −1.3 · SRE −1.3
4 Nov 10, 2025+9.09%
Before our storiesgroup −0.0%, did not move with it
4Nov 10, 2025+9.09%
Before our stories
−0.0% did not move with itMNTK +4.5 · UGI +0.8 · SRE −0.8 · CLNE −1.7
5 Nov 17, 2025−11.13%
Before our storiesgroup −1.5%, did not move with it
5Nov 17, 2025−11.13%
Before our stories
−1.5% did not move with itMNTK −7.8 · CLNE −2.7 · UGI −0.4 · SRE +0.2
6 Nov 18, 2025+13.00%
Before our storiesgroup −0.0%, did not move with it
6Nov 18, 2025+13.00%
Before our stories
−0.0% did not move with itCLNE +1.9 · UGI +0.6 · SRE −0.7 · MNTK −1.7
7 Nov 19, 2025−9.83%
Before our storiesgroup −0.7%, did not move with it
7Nov 19, 2025−9.83%
Before our stories
−0.7% did not move with itCLNE −2.3 · MNTK −0.9 · SRE −0.6 · UGI −0.2
8 Nov 21, 2025+11.17%
Before our storiesgroup +4.3%, did not move with it
8Nov 21, 2025+11.17%
Before our stories
+4.3% did not move with itUGI +7.1 · MNTK +6.5 · SRE +2.0 · CLNE +1.9
9 Dec 4, 2025+8.37%
Before our storiesgroup +0.8%, did not move with it
9Dec 4, 2025+8.37%
Before our stories
+0.8% did not move with itMNTK +2.3 · CLNE +2.2 · UGI −0.6 · SRE −0.7
10 Dec 16, 2025−10.24%
Before our storiesgroup −0.1%, did not move with it
10Dec 16, 2025−10.24%
Before our stories
−0.1% did not move with itSRE −0.8 · UGI −0.2 · MNTK 0.0 · CLNE +0.4
11 Dec 17, 2025−7.89%
Before our storiesgroup −0.2%, did not move with it
11Dec 17, 2025−7.89%
Before our stories
−0.2% did not move with itSRE −1.3 · CLNE −0.9 · UGI +0.5 · MNTK +1.1
12 Dec 22, 2025+8.74%
Before our storiesgroup +0.9%, did not move with it
12Dec 22, 2025+8.74%
Before our stories
+0.9% did not move with itUGI +1.4 · SRE +1.3 · CLNE +0.5 · MNTK −0.5
13 Dec 23, 2025+12.05%
Before our storiesgroup −2.0%, did not move with it
13Dec 23, 2025+12.05%
Before our stories
−2.0% did not move with itSRE +0.7 · UGI −0.8 · CLNE −3.1 · MNTK −3.8
14 Dec 31, 2025−10.80%
Before our storiesgroup −0.4%, did not move with it
14Dec 31, 2025−10.80%
Before our stories
−0.4% did not move with itSRE −0.9 · UGI −0.8 · CLNE 0.0 · MNTK +0.6
15 Jan 8, 2026+11.63%
Before our storiesgroup +1.7%, did not move with it
15Jan 8, 2026+11.63%
Before our stories
+1.7% did not move with itMNTK +3.3 · SRE +1.9 · CLNE +1.4 · UGI +1.1
16 Jan 26, 2026−9.60%
Before our storiesgroup −0.4%, did not move with it
16Jan 26, 2026−9.60%
Before our stories
−0.4% did not move with itCLNE −5.2 · MNTK −1.7 · SRE +0.9 · UGI +2.4
17 Jan 28, 2026+7.76%
Before our storiesgroup +0.6%, did not move with it
17Jan 28, 2026+7.76%
Before our stories
+0.6% did not move with itMNTK +15.4 · UGI +1.6 · SRE −0.4 · CLNE −2.6
18 Jan 30, 2026−8.70%
Before our storiesgroup −0.7%, did not move with it
18Jan 30, 2026−8.70%
Before our stories
−0.7% did not move with itCLNE −2.2 · UGI −1.2 · SRE −0.1 · MNTK +12.3
19 Feb 6, 2026+11.57%
Before our storiesgroup −0.6%, did not move with it
19Feb 6, 2026+11.57%
Before our stories
−0.6% did not move with itCLNE +9.1 · SRE +0.8 · UGI −2.0 · MNTK −4.2
20 Feb 26, 2026+10.40%
Before our storiesgroup +0.3%, did not move with it
20Feb 26, 2026+10.40%
Before our stories
+0.3% did not move with itSRE +0.7 · UGI +0.6 · MNTK 0.0 · CLNE −1.7
21 Mar 16, 2026+27.57%
Resultsgroup −0.7%, did not move with it
21Mar 16, 2026+27.57%
ResultsFirst close after the Mar 16 results filing
−0.7% did not move with itMNTK +3.7 · SRE +0.9 · UGI −2.2 · CLNE −2.3
22 Mar 17, 2026−10.62%
Before our storiesgroup +0.0%, did not move with it
22Mar 17, 2026−10.62%
Before our stories
+0.0% did not move with itMNTK −4.3 · SRE 0.0 · UGI +0.0 · CLNE +1.9
23 Mar 20, 2026−11.21%
Before our storiesgroup −3.9%, did not move with it
23Mar 20, 2026−11.21%
Before our stories
−3.9% did not move with itMNTK −8.1 · UGI −4.2 · SRE −3.7 · CLNE 0.0
24 Mar 31, 2026+9.57%
Before our storiesgroup −2.0%, did not move with it
24Mar 31, 2026+9.57%
Before our stories
−2.0% did not move with itSRE +0.6 · UGI −0.7 · MNTK −3.4 · CLNE −3.9
25 May 22, 2026+7.46%
Before our storiesgroup +1.1%, did not move with it
25May 22, 2026+7.46%
Before our stories
+1.1% did not move with itSRE +1.4 · MNTK +1.3 · CLNE +1.0 · UGI −0.5
26 Jun 5, 2026−9.31%
Before our storiesgroup −0.6%, did not move with it
26Jun 5, 2026−9.31%
Before our stories
−0.6% did not move with itCLNE −4.0 · MNTK −2.4 · SRE +1.2 · UGI +1.4
27 Jun 24, 2026+7.49%
Nothing on OPALgroup +0.2%, did not move with it
27Jun 24, 2026+7.49%
Nothing on OPALNo OPAL story, brief or results filing in our record that day
+0.2% did not move with itSRE +0.5 · UGI +0.4 · MNTK 0.0 · CLNE 0.0
28 Jun 29, 2026+8.96%
Nothing on OPALgroup +0.6%, did not move with it
28Jun 29, 2026+8.96%
Nothing on OPALNo OPAL story, brief or results filing in our record that day
+0.6% did not move with itMNTK +3.3 · CLNE +1.6 · SRE −0.4 · UGI −1.5
29 Jul 14, 2026+10.29%
Nothing on OPALgroup −0.0%, did not move with it
29Jul 14, 2026+10.29%
Nothing on OPALNo OPAL story, brief or results filing in our record that day
−0.0% did not move with itCLNE +0.4 · MNTK 0.0 · UGI −0.0 · SRE −1.1
30 Jul 23, 2026−7.22%
Nothing on OPALgroup +0.4%, did not move with it
30Jul 23, 2026−7.22%
Nothing on OPALNo OPAL story, brief or results filing in our record that day
+0.4% did not move with itCLNE −1.4 · UGI +0.3 · SRE +0.4 · MNTK +2.9
31 Jul 29, 2026−7.62%
Nothing on OPALgroup −1.5%, did not move with it
31Jul 29, 2026−7.62%
Nothing on OPALNo OPAL story, brief or results filing in our record that day
−1.5% did not move with itSRE −1.9 · MNTK −1.9 · CLNE −1.1 · UGI −0.6
32 Jul 30, 2026+7.77%
Nothing on OPALgroup +1.5%, did not move with it
32Jul 30, 2026+7.77%
Nothing on OPALNo OPAL story, brief or results filing in our record that day
+1.5% did not move with itMNTK +2.5 · CLNE +2.1 · SRE +0.9 · UGI −1.5
33 Aug 10, 2026+11.59%
Resultsgroup −0.0%, did not move with it
33Aug 10, 2026+11.59%
ResultsFirst close after the Aug 10 results filing
−0.0% did not move with itCLNE +2.2 · SRE +0.5 · UGI −0.6 · MNTK −4.5
34 Aug 12, 2026−9.98%
Nothing on OPALgroup +1.1%, did not move with it
34Aug 12, 2026−9.98%
Nothing on OPALNo OPAL story, brief or results filing in our record that day
+1.1% did not move with itUGI −0.2 · SRE +0.5 · CLNE +1.8 · MNTK +2.8

A story on the same day is not a cause, and a group move is not proof either. Group: the median of SRE, UGI, MNTK and CLNE that day, the largest companies in OPAL’s SEC industry; “moved with OPAL” means the same direction and at least half the size.

What’s next · results

Before the next report: what the first day after the last four did

Six trading days after each results filing (SEC 8-K, Item 2.02). OPAL reports before the open, so day 1 is that day’s close. 2 of 4 times, day 6 ended on the same side as day 1.

Reported Nov 7, 2025

day 1+3.47%day 6+17.82%

Reported Mar 16, 2026

day 1+27.57%day 6−2.80%

Reported May 11, 2026

day 1−3.52%day 6−12.78%

Reported Aug 10, 2026

day 1+11.59%day 6−5.58%

Next report: expected early NovemberEstimated from the dates of its last four results filings. Not announced. Since the Aug 10 report: −23.18%. Four reports is a small sample.

Every report since 2023 →

Each line is OPAL’s close against its close before the filing, on licensed end-of-day closes. What happened after each report, not a forecast; a move on the day is not a cause.

The numbers · FY2025, filed

SEC EDGAR

Market cap$52M

Revenue$349.0M+16.30%

Net income$36.4M

EPS, diluted$0.15+650.00%

Operating margin2.1%

Return on equity-359.0%

Debt / equity-35.62

All filed figures

Snapshot

SEC EDGAR · FY 2025-12-31

SectorUtilities

Market Cap$52.4M

Enterprise Value$385.3M

Income$36.4M

Sales$349.0M

Book/sh$-0.40

Cash/sh$1.13

Dividend TTM—

Payout—

Employees—

IPO—

Quick Ratio—

Current Ratio1.18

Debt/Eq-35.62

EPS (ttm)$0.15

EPS this Y650.0%

EPS past 3/5Y7.7%

Sales past 3/5Y14.0%

EPS Y/Y TTM650.0%

Sales Y/Y TTM16.3%

Shs Outstand25.17M

ROA3.8%

ROE-359.0%

ROIC-5.1%

Gross Margin—

Oper. Margin2.1%

Profit Margin10.4%

Every figure here is filed with the SEC. Valuation and estimate metrics (P/E, PEG, EV/EBITDA, price targets, forward EPS) are omitted until our market-data feed is licensed for display — we’d rather show fewer numbers than blank ones. Deeper lines (cash flow, balance sheet) below.

Revenue by fiscal year

$166.1M

FY21

$235.5M

FY22

$256.1M

FY23

$300.0M

FY24

$349.0M

FY25

Operating leverage — margins

GrossOperatingNet

Financials, annual · income and cash flowSEC EDGAR · open ▸

Financials — annual

SEC EDGAR · last 5 FY · tap a row to explain it

USD	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$166.1M	$235.5M	$256.1M	$300.0M	$349.0M
Gross Profit	—	—	—	—	—
Operating Income	$-4.9M	$7.6M	$7.0M	$21.2M	$7.4M
Net Income	$-16.2M	$32.6M	$127.0M	$14.3M	$36.4M
Diluted EPS	$0.00	$0.12	$0.69	$0.02	$0.15
Operating Cash Flow	$-1.9M	$-1.4M	$38.3M	$31.4M	$36.5M
Free Cash Flow	$-91.6M	$-132.8M	$-75.6M	$-95.9M	$-34.2M

Same industry

OPAL against four same-industry peers, a year at 100

OPAL is down 28.4% in a year. Montauk Renewables is up 31.7%, UGI 16.9% and Sempra is down 11.3%. Of these four, only Clean Energy Fuels (−38.6%) did less. Weekly closes, Oct 10, 2025 = 100, on a log scale, so the same percentage move is the same height on every line.

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OPAL −28.4%. Montauk Renewables +31.7%, UGI +16.9%, Sempra −11.3%, Clean Energy Fuels −38.6%. Weekly closes, Oct 10, 2025 = 100, log scale.

Share this chart

End-of-day closes (Databento EOD), the last close of each week. The four peers are the largest US-listed companies by market value in OPAL’s SEC industry (Gas & Other Services Combined) with a year of closes. It shows what the closes did; a move here is not a cause, a forecast or a call.

Same industry

In the screener →

SRE$52.3B UGI$8.0B MNTK$379M CLNE$344M

Build basket with OPAL Screener

Fundamentals sourced from SEC EDGAR filings (public domain). For informational purposes only. Not investment advice.