Montauk Renewables

Montauk Renewables, Inc. engages in the recovery and processing of biogas from landfills and other non-fossil fuel sources for beneficial use as a replacement to fossil fuels. The firm develops, owns, and operates renewable gas projects. It operates through the Renewable Natural Gas and Renewable Electricity Generation segments. The Renewable Natural Gas segment deals with the production of renewable natural gas. The Renewable Electricity Generation segment includes generation of electricity at biogas-to-electricity plants. The company was founded in 1980 and is headquartered in Pittsburgh, PA.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Montauk Renewables reports robust 2022 performance and outlines growth plans

Montauk Renewables delivered strong financial results in 2022, driven by revenue growth and improved profitability. The company's strategic focus on expanding RNG production and renewable electricity output sets the stage for future growth. However, challenges related to RIN commitments and pricing uncertainties need to be navigated effectively.

Montauk Renewables manages revenue challenges, eyes growth opportunities ahead

Montauk Renewables navigated revenue challenges in Q1 2023 amid RIN pricing fluctuations.
The company's focus on cost management and strategic acquisitions bodes well for future growth.
Despite EBITDA losses, Montauk Renewables maintains a strong financial position with ample liquidity.
Opportunities in new projects and operational improvements position the company for long-term success.

Montauk Renewables reports strong Q2 earnings, eyes growth opportunities

Montauk Renewables' Q2 performance reflects solid revenue generation, with a positive outlook for increased production volumes and revenues in RNG and renewable electricity segments; challenges in managing pricing fluctuations and competitive market dynamics are being addressed through strategic partnerships and project expansions.

Montauk Renewables reports resilient Q3 performance amidst market challenges

Montauk Renewables delivered strong financial results in Q3 2023, despite challenges from weather anomalies impacting production and pricing pressures. The approval of funding for renewable energy development in North Carolina signals a promising future for revenue growth and expansion. With a focus on renewable energy solutions, the company remains well-positioned to navigate market dynamics and drive sustainable performance.

Montauk Renewables reports mixed Q4 results, eyes growth opportunities

Montauk Renewables reported a mixed financial performance in Q4 2023 but showcased strength in development projects and operating metrics for RNG and renewable electricity segments.
Challenges include revenue decrease, expense increase, and uncertainties around D3 RIN pricing, production challenges, and EBITDA margins for 2024.
Opportunities lie in project expansions, revenue growth in sustainable energy sectors, and market leadership through addressing challenges and capitalizing on growth prospects.

Montauk Renewables reports Q2 revenue decline, reaffirms 2024 outlook

Montauk Renewables faced challenges in revenue generation and cost management in Q2 2024, leading to significant declines in financial performance.
Despite the setbacks, ongoing development projects and a reaffirmed outlook for 2024 indicate a commitment to growth and operational resilience.
Strategic adjustments and a focus on optimizing operations present opportunities for Montauk Renewables to improve financial performance and profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

PITTSBURGH, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. ("Montauk” or “the Company") (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas (“RNG”), will host a conference call and webcast on Tuesday, November 12, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2024. The Company will issue a press release reporting the financial results after the close of regular stock market trading hours on the same day as the conference call and webcast.

Montauk Renewables Schedules Third Quarter 2024 Conference Call for Tuesday, November 12, 2024, at 5:00 p.m. ET

WOBURN, Mass.--(BUSINESS WIRE)--Emvolon, an MIT spin-off that converts greenhouse gas emissions into carbon-negative fuels and chemicals, today announced an agreement with Montauk Renewables, Inc. (NASDAQ:MNTK), a renewable energy company specializing in the management, recovery and conversion of biogas from waste into renewable natural gas. Leveraging Emvolon's patented technology, the initial pilot is a commercial-scale demonstration of recovering and converting biogas into green methanol, wh.

Emvolon and Montauk Renewables, Inc. Announce Collaboration to Transform Methane Emissions into High-Value, Carbon-Negative Fuel

Montauk Renewables, Inc. (NASDAQ:MNTK ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants John Ciroli – Chief Legal Officer and Secretary Sean McClain – President and Chief Executive Officer Kevin Van Asdalan – Chief Financial Officer Conference Call Participants Matthew Blair – TPH Saumya Jain – UBS Paul Cheng – Scotiabank Operator Good afternoon, everyone, and thank you for participating in today's conference call. I would like to turn the call over to Mr.

Montauk Renewables, Inc. (MNTK) Q2 2024 Earnings Call Transcript

Montauk Renewables (MNTK) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.06. This compares to earnings of $0.01 per share a year ago.

Montauk Renewables (MNTK) Reports Q2 Loss, Misses Revenue Estimates

Montauk Renewables (MNTK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Montauk Renewables (MNTK) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

PITTSBURGH, July 25, 2024 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. ("Montauk” or “the Company") (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas (“RNG”), will host a conference call and webcast on Thursday, August 8, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2024. The Company will issue a press release reporting the financial results after the close of regular stock market trading hours on the same day as the conference call and webcast.

Montauk Renewables Schedules Second Quarter 2024 Conference Call for Thursday, August 8, 2024, at 5:00 p.m. ET

Regulatory changes and industry trends are expected to drive growth in the anaerobic digestion market, with Montauk poised to capture a significant share. The company is well-positioned to capitalize on the growing anaerobic digestion industry, particularly in the dairy and swine RNG sectors. Against recent take-private valuations, I view the current Montauk EV of c$800m and EV/EBITDA multiple of c8x as significantly undervaluing the business and share price.

Montauk Ag To Provide A Multi-Year Earnings Compounding Opportunity

Montauk Renewables, Inc. (NASDAQ:MNTK ) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants John Ciroli - Chief Legal Officer & Secretary Sean McClain - Chief Executive Officer & President Kevin Van Asdalan - Chief Financial Officer Conference Call Participants Paul Cheng - Scotiabank Saumya - from UBS Matthew Blair - Tudor, Pickering, Holt & Company Operator Good afternoon, everyone, and thank you for participating in today's conference call. I would like to turn the call over to Mr.

Montauk Renewables, Inc. (MNTK) Q1 2024 Earnings Call Transcript

PITTSBURGH, May 09, 2024 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (“Montauk” or “the Company”) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas (“RNG”), today announced financial results for the first quarter ended March 31, 2024.

Montauk Renewables Announces First Quarter 2024 Results

PITTSBURGH, April 25, 2024 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. ("Montauk” or “the Company") (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas (“RNG”), will host a conference call and webcast on Thursday, May 9, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2024. The Company will issue a press release reporting the financial results after the close of regular stock market trading hours on the same day as the conference call and webcast.

Montauk Renewables Schedules First Quarter 2024 Conference Call for Thursday, May 9, 2024, at 5:00 p.m. ET

Montauk Renewables, Inc. (MNTK) Q4 2023 Earnings Call Transcript

PITTSBURGH, March 14, 2024 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (“Montauk” or “the Company”) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas (“RNG”), today announced financial results for the year ended December 31, 2023.

Montauk Renewables Announces Full Year 2023 Results

Montauk Renewables (MNTK) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Here's Why Montauk Renewables (MNTK) is Poised for a Turnaround After Losing -28.66% in 4 Weeks

PITTSBURGH, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. ("Montauk” or “the Company") (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas (“RNG”), will host a conference call and webcast on Thursday, March 14, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the full year ended December 31, 2023. The Company will issue a press release reporting the financial results after the close of regular stock market trading hours on the same day as the conference call and webcast.

Montauk Renewables Schedules Full Year 2023 Conference Call for Thursday, March 14, 2024, at 5:00 p.m. ET

Montauk Renewables is a renewable energy company specializing in the recovery and processing of biogas from landfills and other non-fossil sources. The company has a strong operating portfolio with 12 RNG projects and three Renewable Electricity projects across six states. Recent earnings were in line with expectations, and the company's balance sheet appears stable, with sufficient resources for future opportunities.

Montauk Renewables: New Reactors Announced, Production Increases, And Cheap

Montauk Renewables, Inc. (NASDAQ:MNTK ) Q3 2023 Earnings Call Transcript November 9, 2023 5:00 PM ET Company Participants John Ciroli - Chief Legal Officer & Secretary Sean McClain - Chief Executive Officer & President Kevin Van Asdalan - Chief Financial Officer Conference Call Participants Ryan Pfingst - B. Riley Craig Shere - Tuohy Brothers Matthew Blair - Tudor, Pickering, Holt Operator Good afternoon, everyone, and thank you for participating in today's conference call.

Montauk Renewables, Inc. (MNTK) Q3 2023 Earnings Call Transcript

PITTSBURGH, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (“Montauk” or “the Company”) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas (“RNG”), today announced financial results for the third quarter ended September 30, 2023.

Montauk Renewables Announces Third Quarter 2023 Results

PITTSBURGH, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. ("Montauk” or “the Company") (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas (“RNG”), will host a conference call and webcast on Thursday, November 9, 2023, at 5:00 p.m. Eastern Time to discuss its financial results for the third quarter ended September 30, 2023. The Company will issue a press release reporting the financial results after the close of regular stock market trading hours on the same day as the conference call and webcast.

Montauk Renewables Schedules Third Quarter 2023 Conference Call for Thursday, November 9, 2023, at 5:00 p.m. ET

Montauk Renewables, Inc. (NASDAQ:MNTK ) Q2 2023 Earnings Call Transcript August 9, 2023 5:00 PM ET Company Participants John Ciroli - Chief Legal Officer & Secretary Sean McClain - Chief Executive Officer & President Kevin Van Asdalan - Chief Financial Officer Conference Call Participants Manav Gupta - UBS Craig Shere - Tuohy Brothers Matthew Blair - TPH Ryan Pfingst - B. Riley Operator Good afternoon, everyone, and thank you for participating in today's conference call.

Montauk Renewables, Inc. (MNTK) Q2 2023 Earnings Call Transcript

PITTSBURGH, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (“Montauk” or “the Company”) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas (“RNG”), today announced financial results for the second quarter ended June 30, 2023.

Montauk Renewables Announces Second Quarter 2023 Results

CHARLOTTE, N.C., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (NASDAQ: MNTK) (“Montauk”) has signed a Renewable Energy Certificates (REC) Agreement with Duke Energy (NYSE: DUK) (“Duke”) for Montauk's proposed waste-to-renewable energy facility in Sampson County, North Carolina, which will expand Duke's renewable energy efforts in the state.

Montauk Renewables, Inc. Announces Agreements Expanding Waste-to-Renewable Energy in North Carolina

PITTSBURGH, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (NASDAQ: MNTK) (“Montauk” or the “Company”) and its subsidiary, Montauk Energy Holdings, LLC, announced the Company signed a Letter of Intent (“LOI”) with EE North America, LLC (“EE North America”), a North American subsidiary of Denmark–based European Energy, to deliver all biogenic Carbon Dioxide (“CO2”) volumes from all its Texas facilities sufficient for large scale production of e-fuels such as e-methanol. The initial delivery period is expected to begin in 2026 and is expected to last for 15 years upon final agreement. The LOI immediately commits Montauk's CO2 from its Texas facilities to EE North America's Texas project.

Montauk Renewables, Inc. Signs Letter of Intent with European Energy to Provide CO2 for e-Methanol Production

PITTSBURGH, July 26, 2023 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. ("Montauk” or “the Company") (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas (“RNG”), will host a conference call and webcast on Wednesday, August 9, 2023, at 5:00 p.m. Eastern Time to discuss its financial results for the second quarter ended June 30, 2023. The Company will issue a press release reporting the financial results after the close of regular stock market trading hours on the same day as the conference call and webcast.

Montauk Renewables Schedules Second Quarter 2023 Conference Call for Wednesday, August 9, 2023, at 5:00 p.m. ET

Montauk Renewables Inc said on Tuesday it will develop a renewable natural gas (RNG) project at a municipal waste landfill site in Irvine, California.

Montauk Renewables to build biogas facility in Orange County, California

PITTSBURGH, June 27, 2023 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (NASDAQ: MNTK), through its subsidiary, Bowerman Power LFG, LLC (the “Company”), today announced its planned development of a renewable natural gas (“RNG”) landfill gas project in Irvine, CA at the Frank R. Bowerman Landfill (the “Project”).

News for Montauk Renewables Stock (MNTK)