secwatch.observer — SEC 8-K summary
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Issuer:     OPAL Fuels Inc. (OPAL)
CIK:        0001842279
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001842279-24-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OPAL Fuels Q1 revenue $65M (+51% YoY), net income $0.7M vs loss; RNG produced up 33%
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- Revenue $65M, up 51% YoY; net income $0.7M vs net loss $7.3M in Q1 2023.
- Adjusted EBITDA $15.2M, up $16.8M YoY; diluted EPS loss $0.01.
- RNG produced 0.8M MMBtu (+33% YoY); RNG sold as transportation fuel 16.4M GGEs (+98%).
- Prince William RNG facility (1.7M MMBtu annual capacity) commenced operations; Sapphire and Polk on track for Q3/Q4 2024.
- Started construction on fifteenth RNG project, Cottonwood (0.7M MMBtu capacity); aggregate portfolio design capacity 10.3M annual MMBtu.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1842279/000184227924000029/0001842279-24-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1842279/000184227924000029/opal-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001842279-24-000029

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