Filing Flows › Opal Fuels (OPAL) › Guidance & outlook
Opal Fuels (OPAL) guidance and outlook
Opal Fuels' 10-Q filed Nov 9, 2026 makes 24 forward-looking statements.
Guidance and outlook
Forward-looking statements, 10-Q filed Nov 9, 2026
- Applying this policy requires judgment, including whether it is probable that we will comply with the credits’ qualification requirements, such as prevailing wage
- We also generate revenues from sales of Renewable Power generated by our biogas-to-Renewable Power projects, and associated RECs.
- We periodically evaluate opportunities to convert existing Renewable Power projects to RNG production.
- Federal and state environmental and tax incentive programs, including the Clean Fuel Production Credit under Section 45Z and ITCs, are important components of the economics of certain of our projects.
- Changes in applicable laws, regulations or administrative guidance, eligibility requirements, credit rates, emissions factors, transferability provisions or market pricing for transferable credits could affect the amount, timing and ultimate realization of these benefits and could materially affect the economics of our projects and our results of operations.
- Revenues generated from our renewable electricity projects in the northeast U.S., all of which sell electricity at market prices, are affected by warmer and colder weather, and therefore a portion of our quarterly operating results and cash flows are affected by pricing changes due to regional temperatures.
- ◦ Our interests in both operating and construction projects.
- Project development and startup costs includes certain development costs such as legal fees, consulting fees for joint venture structuring, royalties to the landfill owner, fines, settlements, site lease expenses and certification costs on our RNG projects under construction.
- Additionally, we also incur certain expenses on new RNG projects during the first two years that such projects are operational, such as virtual pipeline costs (incurred until a physical interconnect pipeline is built) and ramp up costs incurred during the certification period.
- We are in the process of expanding our RNG and Renewable Power production capacity and expect depreciation costs to increase as new projects are placed into service.
- We expect Inlet Design Capacity Utilization to be in the range of 75-85% on an aggregate basis over the next several years.
- We generally expect Utilization of Inlet Gas to be in the range of 80% to 90%.
Opal Fuels' latest quarter
Opal Fuels, Q3 2026: revenue $79.5M (-5% year over year), operating margin 11.1%, net earnings $1.7M, operating cash flow $16.3M. The chart follows the revenue to costs, profit and cash.
Questions
What does Opal Fuels expect?
Applying this policy requires judgment, including whether it is probable that we will comply with the credits’ qualification requirements, such as prevailing wage We also generate revenues from sales of Renewable Power generated by our biogas-to-Renewable Power projects, and associated RECs. We periodically evaluate opportunities to convert existing Renewable Power projects to RNG production.
Updated Nov 10, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.