OPAL Fuels Inc.
OPALUtilitiesNASDAQUtilities - Regulated Gas
Scan Results
Daily timeframeHeadquartered within the utilities sector, OPAL Fuels Inc. focuses on Utilities - Regulated Gas services and products. OPAL Fuels Inc. together with its subsidiaries, engages in the production and distribution of renewable natural gas (RNG) for use as a vehicle fuel for heavy and medium-duty trucking fleets throughout the United. At a $442.1M market cap, OPAL Fuels Inc. ranks as a small-cap company within utilities. It operates through three segments, RNG Fuel, Fuel Station Services and Renewable Power.
Market Cap
$442.1M
Beta
0.77
P/E (TTM)
36.14
P/E (Fwd)
13.32
EPS (TTM)
$0.07
EPS (Fwd)
$0.19
ROE
6.0%
ROA
0.2%
Cash
$135.8M
Total Debt
$447.2M
Free CF
-$85.2M
52W Change
0.4%
Annual Financials
Cash vs Debt
On the balance sheet, OPAL has $135.8M in cash with $447.2M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow is running at -$85.2M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at 6.0%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 0.2% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $235.5M (2022) to $349.0M (2025), reflecting a 48% increase over the period.
The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. No single metric tells the full story. Reviewing OPAL's risk profile alongside its fundamentals and technical indicators provides a more complete picture.