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

MNTK reports Q1 2023 performance, maintains outlook amid strategic decisions

MNTK's Q1 2023 performance reflected a decrease in total revenues and expenses, while maintaining a positive outlook for full year 2023. The strategic decision regarding RINs and updates on new projects highlight the company's proactive stance in navigating industry dynamics and pursuing growth opportunities.

MNTK reports Q2 revenue decline but highlights renewable energy opportunities

MNTK's Q2 2023 earnings call highlighted a decrease in revenues, but also emphasized development projects and opportunities in RNG and renewable energy. The company faces challenges in addressing analyst inquiries but has opportunities in RIN monetization and growth outlook.

Montauk reports resilient Q3 performance amidst industry challenges and growth opportunities

Montauk's Q3 2023 performance showed resilience in the face of industry challenges, with a focus on cost management and growth initiatives. The company faces challenges related to weather anomalies affecting production but has significant opportunities for growth through renewable energy initiatives.

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, 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”).

Montauk Renewables, Inc. to Develop Renewable Natural Gas Facility in Orange County, California

Montauk Renewables, Inc. (NASDAQ:MNTK ) Q1 2023 Earnings Conference Call May 10, 2023 5:00 PM ET Company Participants John Ciroli - Chief Legal Officer & Secretary Sean McClain - President & Chief Executive Officer Kevin Van Asdalan - Chief Financial Officer Conference Call Participants Craig Shere - Tuohy Brothers Matthew Blair - Tudor Pickering Holt & Company Manav Gupta - UBS 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 2023 Earnings Call Transcript

Montauk Renewables (MNTK) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of $0.01. This compares to loss of $0.01 per share a year ago.

Montauk Renewables (MNTK) Reports Q1 Loss, Misses Revenue Estimates

PITTSBURGH, May 10, 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 first quarter ended March 31, 2023.

Montauk Renewables Announces First Quarter 2023 Results

PITTSBURGH, April 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, May 10, 2023, at 5:00 p.m. Eastern Time to discuss its financial results for the first quarter ended March 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 First Quarter 2023 Conference Call for Wednesday, May 10, 2023, at 5:00 p.m. ET

PITTSBURGH, March 28, 2023 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (NASDAQ: MNTK) (the “Company”) today announced that on March 27, 2023 the Company's Tier 2 application with the California Air Resource Board (CARB) was certified (the “Project”).

Montauk Renewables, Inc. Announces Approval of Provisional California Air Resource Board Carbon Intensity Score for Pico Energy Site in Idaho

CoStar Group

Definitive Healthcare Corp

Westrock Coffee Holdings LLC

Similar to identifying stocks with growth potential, pinpointing toxic stocks and discarding them at the right time is the key to avoid losses. CSGP, DH, MNTK and WEST are few toxic stocks you should dump now.

4 Toxic Stocks That You Should Eliminate From Your Portfolio

PITTSBURGH, March 23, 2023 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (NASDAQ: MNTK) (the “Company”) announces its planned entrance into South Carolina with the development of a new landfill gas-to-RNG facility located in South Carolina (the “Project”).

Montauk Renewables, Inc. Announces Planned Entrance Into South Carolina With A New RNG Project in South Carolina

Montauk's revenue was growing quickly to end 2022. Market forces could keep revenue from rising in 2023, and the company might actually go in the opposite direction.

Why Montauk Renewables Stock Plunged 14.3% on Friday

Montauk Renewables, Inc. (NASDAQ:MNTK ) Q4 2022 Earnings Conference Call March 16, 2023 5:00 PM ET Company Participants John Ciroli - Chief Legal Officer & Secretary Sean McClain - President & Chief Executive Officer Kevin Van Asdalan - Chief Financial Officer Conference Call Participants Manav Gupta - UBS Craig Shere - Tuohy Brothers Operator Good afternoon, everyone, and thank you for participating in today's conference call. I would like to turn the call over to Mr.

News for Montauk Renewables Stock (MNTK)