OPAL Fuels (OPAL)
NASDAQ:OPAL
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Earnings Data
Report Date
Aug 12, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.02Last Year’s EPS
0.03Same Quarter Last Year
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call balanced near-term operational and commodity-related headwinds (Q1 revenue and Adjusted EBITDA declines, weather impacts, and RIN-related EBITDA drag) with a number of constructive developments: production growth (+9% YoY), secured financing and ~$233M liquidity, tax-credit monetization, an active project pipeline (projects coming online late 2026–H1 2027 and >2M MMBtu of design capacity expected), and encouraging commercial momentum for future fleet conversions. Management reiterated full-year 2026 guidance and emphasized investments and execution that support growth in 2027 and beyond. Overall, the positives around financing, project execution, production improvement, and market fundamentals appear to outweigh the short-term challenges.Company Guidance
RNG Production Growth
RNG production reached 1.2 million MMBtu in Q1 (up 9% year-over-year), reflecting improved execution across operating facilities and growth in the biogas resource.
Strong Liquidity and Financing Activity
Completed financing transactions totaling $288 million (including a $180 million preferred stock facility and drawing remainder of term loan of $109 million) and ended the quarter with approximately $233 million of liquidity (about $133 million cash and short-term investments, $60 million undrawn preferred commitments, ~ $39 million revolver availability).
Tax-Credit Monetization and ITC Sale
Signed a $100 million multiyear agreement to monetize Section 45Z production tax credits and sold $11.5 million of ITC credits, strengthening near-term cash generation and de‑risking future tax-credit receipts.
Project and Capacity Build-Out
Advancing in-construction projects (Cottonwood, Burlington, CMS) expected online late 2026 into H1 2027; expecting to bring on more than 2 million MMBtu of annual design capacity over the next year; 16 OPAL-owned fueling stations are in construction.
Improving RIN Environment and Market Momentum
RIN environment showing signs of strength: D4/D5/D6 prices moved above $2, and D3 RINs began participating with broader biofuel market pricing (management noted D3 market pricing moving above $2.50 after quarter), improving the macro tailwinds for RNG economics.
Commercial Momentum on Fleet Conversions
Management reported increased business development engagement for CNG/RNG fleet deployments driven by high/volatile diesel prices, regulatory clarity on combustion engines and successful testing of the Cummins X15N engine—expect initial fleet contributions beginning in 2027 and multi-year growth potential.
Operational Improvements and Platform Investments
Company highlighted investments in personnel, technology, and AI to boost operating performance; noted improved wellfield collection, availability and uptime, and cross-fleet best-practice deployment to lift inlet utilization and ramp production.
OPAL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
OPAL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 11, 2026 | $2.27 | $2.19 | -3.52% |
Mar 16, 2026 | $2.14 | $2.73 | +27.57% |
Nov 06, 2025 | $2.16 | $2.02 | -6.48% |
Aug 07, 2025 | $2.26 | $2.21 | -2.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does OPAL Fuels (OPAL) report earnings?
OPAL Fuels (OPAL) is schdueled to report earning on Aug 12, 2026, Before Open (Confirmed).
What is OPAL Fuels (OPAL) earnings time?
OPAL Fuels (OPAL) earnings time is at Aug 12, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OPAL EPS forecast?
OPAL EPS forecast for the fiscal quarter 2026 (Q2) is -0.02.