| Market Capitalization (Millions $) |
59 |
| Shares
Outstanding (Millions) |
30 |
| Employees |
331 |
| Revenues (TTM) (Millions $) |
340 |
| Net Income (TTM) (Millions $) |
18 |
| Cash Flow (TTM) (Millions $) |
105 |
| Capital Exp. (TTM) (Millions $) |
90 |
Business Description
Opal Fuels Inc is a leading alternative fuels company headquartered in Oklahoma City, Oklahoma. The company was founded in 2008 by Steve Gentry, a veteran of the propane and natural gas industries, and since then, it has been at the forefront of the movement to transition America's transportation sector from traditional petroleum-based fuels to cleaner, more sustainable alternatives.
Opal Fuels offers a range of alternative fuel products and services, including compressed natural gas (CNG), renewable natural gas (RNG), and propane. The company operates a diverse portfolio of fueling stations across the United States, with a particular focus on the Southwestern and Southeastern regions of the country. Opal Fuels also offers a comprehensive suite of turnkey fueling solutions, including design, construction, equipment sourcing, maintenance, and compliance support.
One of the key differentiators of Opal Fuels is its strong commitment to sustainability and environmental responsibility. The company's RNG product is particularly notable in this regard, as it is made from biogas captured at landfills, wastewater treatment plants, and other biogenic sources. By leveraging these otherwise wasted resources, Opal Fuels is able to offer a carbon-negative fuel that not only provides a more sustainable energy source but helps to reduce harmful greenhouse gas emissions.
In recent years, Opal Fuels has emerged as a key player in the push to transition heavy-duty vehicles, particularly in the trucking and transit sectors, to alternative fuels. The company has leveraged its expertise in fueling infrastructure and vehicle technology to create a comprehensive solution that meets the unique needs of this market. This has included partnering with leading vehicle manufacturers and fleet operators to help develop and implement new, clean-energy technologies.
Overall, Opal Fuels is a pioneering company that is driving the shift toward a cleaner, more sustainable transportation sector. Through a combination of innovative products and services, a strong commitment to sustainability, and a deep understanding of the complex needs of the market, the company has established itself as a leading force in the alternative fuels industry.
Company Address: One North Lexington Avenue White Plains 10601 NY
Company Phone Number: 705-4000 Stock Exchange / Ticker: NASDAQ OPAL
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22.23 %