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.

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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.

Montauk Renewables reports robust Q3 earnings amidst operational challenges

Montauk Renewables showcased strong financial performance and operational resilience in Q3 2024.
While facing challenges such as project delays and fuel supply trends, the company is pursuing growth opportunities in CO2 development and waste-to-energy projects.
Diversification of revenue sources and focus on operational efficiency position Montauk Renewables for continued success in the renewable energy sector.

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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

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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.

Montauk Renewables, Inc. (MNTK) Q4 2022 Earnings Call Transcript

Montauk Renewables (MNTK) delivered earnings and revenue surprises of -54.55% and 19.67%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Montauk Renewables (MNTK) Q4 Earnings and Revenues Lag Estimates

PITTSBURGH, March 16, 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 year ended December 31, 2022.

Montauk Renewables Announces Full Year 2022 Results

PITTSBURGH, March 02, 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, March 16, 2023, at 5:00 p.m. Eastern Time to discuss its financial results for the full year ended December 31, 2022. 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 2022 Conference Call for Thursday, March 16, 2023, at 5:00 p.m. ET

PITTSBURGH, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (NASDAQ: MNTK) (the “Company”), announced today the Company has earned the number one ranking in the Sunday Times Top 100 Companies of 2022 at an event held in Johannesburg, South Africa on November 10, 2022.

Montauk Renewables, Inc. Ranked #1 in Sunday Times Top 100 Companies of 2022

Montauk Renewables, Inc. (NASDAQ:MNTK ) Q3 2022 Earnings Conference Call November 9, 2022 5:00 PM ET Company Participants John Ciroli - VP, General Counsel & Corporate Secretary Sean McClain - CEO Kevin Van Asdalan - CFO Conference Call Participants 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) Q3 2022 Earnings Call Transcript

Montauk Renewables (MNTK) delivered earnings and revenue surprises of -28.57% and 6.59%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Montauk Renewables (MNTK) Q3 Earnings and Revenues Lag Estimates

PITTSBURGH, Nov. 09, 2022 (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, 2022.

Montauk Renewables Announces Third Quarter 2022 Results

PITTSBURGH, Oct. 26, 2022 (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, November 9, 2022, at 5:00 p.m. Eastern Time to discuss its financial results for the third quarter ended September 30, 2022. 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 2022 Conference Call and Webcast for Wednesday, November 9, 2022, at 5:00 p.m. ET

Montauk Renewables is one of the largest players in the RNG arena, operating 12 RNG and 3 RE projects across 6 states. Montauk is well-managed, sports a healthy balance sheet, exhibits solid financial performance, and has promising growth and profitability prospects.

Montauk Renewables: A Great Stock But Too Expensive

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Montauk Renewables (MNTK) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

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