Post by MikeTesteron Jan 24, 2025 1:24am
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Post# 36418393
OPAL Fuels Inc. (NASDAQ:OPAL): A Vertically Integrated Leade
OPAL Fuels Inc. (NASDAQ:OPAL): A Vertically Integrated LeadeLooks like a solid play in the RNG space. OPAL's vertical integration is key here - they're not just producing RNG but controlling the entire value chain from capture to fueling stations. Q3 numbers look promising with 18% YoY revenue growth and $17.11M net income. Their 25 projects (10 RNG, 15 power gen) give them serious scale. 7.8M MMBtus annual RNG capacity is nothing to sneeze at.Digging the fuel station services segment growth too - up 38% YoY to $121.79M. Management seems confident with maintaining 2024 guidance. RNG market expected 15-20% CAGR over next 5 years so OPAL is well positioned. Might start a small position here.BTW, big shoutout to BeyondSPX - their free in-depth analysis on stocks like this is top notch. High quality coverage even on smaller players. https://beyondspx.com/article/opal-fuels-inc-nasdaqopal-a-vertically-integrated-leader-in-the-renewable-natural-gas-revolution