secwatch.observer — SEC 8-K summary
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Issuer:     OPAL Fuels Inc. (OPAL)
CIK:        0001842279
Form:       8-K
Filed at:   2024-03-13T23:59:59+00:00
Accession:  0001842279-24-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OPAL Fuels FY2023: rev $256.1M, net income $127.0M, EPS $0.70; RNG capacity targets 8.8M MMBtu
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- Revenue for FY2023 $256.1M (+9% YoY); Q4 $87.0M (+30% YoY).
- Net income FY2023 $127.0M vs $32.6M prior year; basic EPS $0.70.
- Adjusted EBITDA Q4 $32.0M, FY $52.0M; Q4 up 57% YoY.
- RNG produced 2.7M MMBtu (+23% YoY); sold 43.8M GGEs (+49%).
- Expect 8.8M MMBtu RNG capacity online by end 2024; closed $500M credit facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1842279/000184227924000008/0001842279-24-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1842279/000184227924000008/opal-20240313.htm
  HTML page:      https://secwatch.observer/filing/0001842279-24-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer