OPAL Fuels Q2 adjusted EBITDA up on fuel station services growth
OPAL•Outlook
- Company maintains 2026 guidance
- OPAL Fuels expects to expand production capacity as new RNG facilities come online
- Company expects landfill inlet design capacity utilization of 75% to 85% over the next several years
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Miss | $83.40 million | $92.08 million (4 analysts) |
| Q2 Loss Per Share | $0.05 | ||
| Q2 Net Loss | $4.15 million | ||
| Q2 Adjusted EBITDA | Slight Beat* | $23.14 million | $22.98 million (5 analysts) |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell".
The average consensus recommendation for the oil and gas exploration and production peer group is "hold."
Wall Street's median 12-month price target for Opal Fuels Inc. is $4.00, about 71.7% above its August 7 closing price of $2.33.
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 6 three months ago.
Result drivers
- - Company said contribution from 45Z production tax credits supported Q2 financial results
