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OPAL

OPAL Fuels Inc.

https://www.opalfuels.com

Industry

Regulated Gas

OPAL Fuels Inc. engages in the production and distribution of renewable natural gas for use as a vehicle fuel for heavy and medium-duty trucking fleets. It also designs, develops, constructs, operates, and services fueling stations for trucking fleets that use natural gas to displace diesel as transportation fuel. In addition, it offers design, development, and construction services for hydrogen fueling stations. Further, the company generates and sells renewable power to utilities. As of May 1, 2022, it owned and operated 24 biogas projects. The company was founded in 1998 and is based in White Plains, New York.

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OPAL Fuels (NASDAQ:OPAL) reported Q4 earnings with an EPS of $0.11, missing the estimate of $0.17 by -35.0%. Revenue increased by $20.29 million from the same period last year. Despite missing EPS estimates last quarter, the share price increased by 2.0% the following day.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 9:10 pm

OPAL Fuels reported Q4 2023 earnings of $0.11 per share, missing the consensus estimate of $0.28 by 60.71%. Quarterly sales were $87.008M, below the $89.240M estimate, but marked a 30.41% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 9:09 pm

OPAL Fuels (NASDAQ:OPAL) reported Q4 sales of $87.008M, missing the consensus estimate of $89.240M by 2.50%, but marking a 30.41% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 9:04 pm

Numerous companies are scheduled to report their earnings on March 13, 2024, covering a wide range of industries from biotech to retail. Notable mentions include Dollar Tree with expected earnings of $2.65 per share on $8.67 billion revenue, and Lennar with an estimate of $2.20 per share on $7.39 billion revenue. Several companies are anticipated to report losses, such as ZIM Integrated Shipping with a projected loss of $1.29 per share.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 10:15 am

OPAL Fuels Inc. (NASDAQ:OPAL) announced a significant change in its share structure, with Fortistar LLC exchanging 71.5 million shares of Class D common stock for an equal number of Class B common stock, reducing its voting control. This move is anticipated to make OPAL's Class A common stock eligible for inclusion in stock market indices, potentially affecting its attractiveness to investors, although inclusion and its impact on stock price are uncertain.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:50 pm

OPAL Fuels (NASDAQ:OPAL) is scheduled to release its quarterly earnings report on March 13, 2024, with an estimated EPS of $0.17. Despite past earnings misses, the stock price increased following the last report. Over the past year, OPAL shares have declined by 31.62%. Investors are looking for a beat on the EPS estimate and positive guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 5:00 pm

B. Riley Securities analyst Ryan Pfingst has maintained a Buy rating on OPAL Fuels (NASDAQ:OPAL) but lowered the price target from $14 to $10.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 1:29 pm

The article highlights notable value stocks in the utilities sector, focusing on companies with low P/E multiples, indicating potential undervaluation. It lists TransAlta, Genie Energy, Cia Energetica DE Minas, OPAL Fuels, and Enel Chile as examples, providing recent financial performance including earnings per share and dividend yields. The piece underscores the inherent risk in value investing, emphasizing that the expected rebound in stock value may not always materialize.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 2:38 pm

The article highlights notable value stocks in the utilities sector, focusing on companies with low P/E multiples indicating undervaluation. OPAL Fuels, Cia Energetica DE Minas, Enel Chile, Genie Energy, and TransAlta are featured for their financial performance and dividend yields. Earnings per share and dividend yield changes are detailed for each company, providing insight into their recent financial health.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 2:38 pm

Benzinga Insights has identified OPAL Fuels, Cia Energetica DE Minas, Enel Chile, Genie Energy, and TransAlta as notable value stocks in the utilities sector based on their low P/E multiples. Recent earnings and dividend yield changes for each company are highlighted, suggesting potential undervaluation and growth prospects.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 2:38 pm

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