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. reports developments in renewable natural gas, renewable electricity and fleet fueling infrastructure. The company captures and converts biogas into low-carbon-intensity RNG, markets and distributes RNG to heavy-duty trucking and other hard-to-decarbonize industrial sectors, and develops, operates and services natural gas fueling stations.
Recurring news covers financial and operating results, RNG facility production, environmental credit pricing, IRA investment tax credit and Section 45Z credit monetization, preferred financing activity, and project updates across its upstream RNG platform and downstream fleet-fueling business.
South Jersey Industries (SJI) and OPAL Fuels (Nasdaq: OPAL) have commenced construction on a Renewable Natural Gas (RNG) facility at the Burlington County Resource Recovery Complex in Florence Township, NJ. The facility will produce nearly 0.92 million MMBtus of RNG annually, equivalent to approximately 6.5 million gas gallons, using methane from landfill decomposition. OPAL Fuels will distribute the RNG to heavy-duty trucks, reducing emissions and fuel costs. The project aims to displace over 530,000 metric tons of CO2 annually, addressing methane and transportation emissions. This is the second collaboration between SJI and OPAL Fuels to advance renewable energy solutions in New Jersey.
OPAL Fuels Inc. (Nasdaq: OPAL), a leader in biogas capture and conversion to renewable natural gas (RNG) and renewable electricity, has announced its second quarter 2024 earnings release schedule. The company will disclose its financial results for the quarter ending June 30, 2024, after the market closes on Wednesday, August 7, 2024. A conference call is scheduled for Thursday, August 8, 2024, at 11:00 a.m. Eastern Time. Investors can access a listen-only connection to the presentation via a provided link or through the company's Investor Relations website.
OPAL Fuels Inc. (NASDAQ: OPAL) reports robust financial and operational results for Q1 2024. Revenue up by 51% to $65.0 million, net income at $0.7 million vs. a net loss of $7.3 million year-on-year. Adjusted EBITDA at $15.2 million, a significant increase compared to the prior year. Operational highlights include 0.8 million MMBtu of RNG produced, 16.4 million GGEs of RNG sold as transportation fuel, and 35.0 million GGEs of transportation fuel dispensed. Construction projects progressing well with new RNG facilities coming online. Liquidity is strong at $334.0 million. Earnings call scheduled for May 10, 2023, at 11:00 AM EDT.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.