FedEx Freight veteran Lance Moll joins OPAL Fuels board of directors

Published 29/09/2025, 21:26
FedEx Freight veteran Lance Moll joins OPAL Fuels board of directors

WHITE PLAINS, N.Y. - OPAL Fuels Inc. (NASDAQ:OPAL), a producer and distributor of renewable natural gas (RNG) for transportation, announced Monday that Lance Moll will join its board of directors effective October 1, 2025. The company, currently valued at approximately $411 million, has shown promising revenue growth of 12% over the last twelve months. According to InvestingPro analysis, OPAL Fuels is currently trading below its Fair Value, suggesting potential upside opportunity.

Moll brings over three decades of logistics and transportation experience from his 33-year career at FedEx, where he most recently served as President and CEO of FedEx Freight. During his leadership tenure, FedEx Freight reported a 30% increase in revenue and nearly tripled its operating income.

"RNG and CNG are the most practical solution to displace diesel in heavy-duty transportation," Moll said in a press release statement. "It delivers cost savings for fleets, has lower volatility in pricing, leverages proven truck technology, and is available at scale today."

OPAL Fuels Chairman Mark Comora said Moll’s "proven experience in driving strategic growth, advancing operational excellence, and navigating complex markets will be instrumental" to the company’s efforts to decarbonize heavy-duty transportation fleets.

The company noted that RNG and compressed natural gas (CNG) currently represent approximately 2% of the Class 8 trucking fuel market, indicating potential growth opportunities in the sector. With a gross profit margin of 26% and analysts forecasting continued growth, OPAL Fuels appears positioned to capitalize on this market opportunity. InvestingPro subscribers can access 10+ additional key insights and detailed financial metrics about OPAL Fuels, including comprehensive analysis of its growth potential and market position.

Moll has also served on several industry boards, including the Arkansas Trucking Association, American Trucking Associations Trucking Cares Foundation, and the U.S. Chamber of Commerce Foundation.

OPAL Fuels specializes in capturing biogas and converting it into low carbon intensity renewable natural gas for use in the heavy-duty trucking sector and other industrial applications. The company maintains a healthy current ratio of 1.26, though investors should note its significant total debt of $335 million. For deeper insights into OPAL Fuels’ financial health and growth prospects, access the full Pro Research Report available exclusively on InvestingPro.

In other recent news, Opal Fuels Inc. reported its financial results for the second quarter of 2025, missing both earnings per share (EPS) and revenue forecasts. The company’s EPS was reported at $0.03, which is significantly below the anticipated $0.10, resulting in a 70% negative surprise. Revenue also fell short of expectations, with the company reporting $80.5 million compared to the forecasted $86.27 million. These results highlight challenges the company faced during the quarter. Additionally, the earnings release was followed by a decline in Opal Fuels’ stock. Analysts and investors are likely to scrutinize these results closely. The financial performance may prompt further analysis and potential revisions in future forecasts by analyst firms. These developments are crucial for investors keeping an eye on Opal Fuels.

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