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.

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Montauk Renewables, Inc. (NASDAQ:MNTK ) Q2 2022 Earnings Conference Call August 9, 2022 5:00 PM ET Company Participants John Ciroli - Vice President & General Counsel Sean McClain - Chief Executive Officer & President Kevin Van Asdalan - Chief Financial Officer 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) CEO Sean McClain on Q2 2022 Results - Earnings Call Transcript

Montauk Renewables (MNTK) delivered earnings and revenue surprises of 18.18% and 33.89%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Montauk Renewables (MNTK) Q2 Earnings and Revenues Surpass Estimates

PITTSBURGH, Aug. 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 second quarter ended June 30, 2022.

Montauk Renewables Announces Second Quarter 2022 Results

PITTSBURGH, July 28, 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 the Company has filed a provisional patent application with the U.S. Patent and Trademark Office (USPTO) pertaining to a combustion based oxygen removal condensate neutralization technology.

Montauk Renewables Announces Filing of Provisional Patent Application for New Acid Neutralization Technology

Montauk Renewables went public in January 2021, raising about $26 million in an IPO. The firm operates biogas (renewable natural gas) and related renewable energy facilities in the U.S.

Nimble Montauk Renewables Looks Positioned For Gains Ahead

PITTSBURGH, June 15, 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 that it will join the broad-market Russell 3000 ® Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US market opens on June 27, according to a preliminary list of additions posted June 3.   In addition, Montauk Renewables was recently added to the MSCI Global Small Cap Indexes within the MSCI USA Small Cap Index, which became effective after the market close on May, 31, 2022.

Montauk Renewables Set to Join Russell 3000® Index, Added to MSCI USA Small Cap Index

Montauk Renewables Inc. (NASDAQ:MNTK ) Q1 2022 Earnings Conference Call May 10, 2022 2:30 PM ET Company Participants John Ciroli - Vice President, General Counsel and Secretary Sean McClain - President and Chief Executive Officer Kevin Van Asdalan - Chief Financial Officer Conference Call Participants Matthew Blair - TPH Craig Shere - Tuohy Brothers Operator Good afternoon, everyone, and thank you for participating in today's conference call. I'd like to turn the call over to Mr.

Montauk Renewables Inc. (MNTK) CEO Sean McClain on Q1 2022 Results - Earnings Call Transcript

Montauk Renewables (MNTK) delivered earnings and revenue surprises of -116.67% and 18.97%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

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

PITTSBURGH, May 10, 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 first quarter ended March 31, 2022.

Montauk Renewables Announces First Quarter 2022 Results

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

Here's Why Momentum in Montauk Renewables (MNTK) Should Keep going

PITTSBURGH, April 29, 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 on Tuesday, May 10, 2022, at 2:30 p.m. Eastern Time to discuss its financial results for the first quarter ended March 31, 2022. The Company will issue a press release reporting the financial results before the opening of regular stock market trading hours on the same day as the conference call.

Montauk Renewables Schedules First Quarter 2022 Conference Call for Tuesday, May 10, 2022, at 2:30 p.m. ET

Montauk Renewables, Inc. (MNTK) CEO Sean McClain on Q4 2021 Results - Earnings Call Transcript

PITTSBURGH, March 16, 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 year ended December 31, 2021.

Montauk Renewables Announces Full Year 2021 Results

PITTSBURGH, Feb. 28, 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 on Wednesday, March 16, 2022, at 5:00 p.m. Eastern Time to discuss its financial results for the full year ended December 31, 2021.   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.

Montauk Renewables Schedules Full Year 2021 Conference Call for Wednesday, March 16, 2022, at 5:00 p.m. ET

PITTSBURGH, Dec. 20, 2021 (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”), announced on Friday, December 17, 2021, that Bruce Raynor has resigned as an independent director on the Company's Board of Directors (“Board”), effective on February 28, 2022.

Montauk Renewables, Inc. Announces Bruce Raynor is Retiring From Its Board Of Directors

Montauk Renewables, Inc. (MNTK) CEO Sean McClain on Q3 2021 Results - Earnings Call Transcript

PITTSBURGH, Pa., Nov. 15, 2021 (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 of 2021.

Montauk Renewables Announces Third Quarter 2021 Results

PITTSBURGH, Nov. 01, 2021 (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 on Monday, November 15, 2021, at 5:00 p.m. Eastern Time to discuss its financial results for the third quarter ended September 30, 2021.   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.

Montauk Renewables Schedules Third Quarter 2021 Conference Call for Monday, November 15, 2021, at 5:00 p.m. ET

PITTSBURGH, PA / ACCESSWIRE / September 3, 2021 / 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 it has been invited to present at the 10th Annual Gateway Conference, which is being held virtually on September 8-9, 2021. Montauk's management is scheduled to present on Wednesday, September 8th at 10:30 a.m.

Montauk Renewables to Present at the 10th Annual Gateway Conference on September 8, 2021

PITTSBURGH, Aug. 26, 2021 (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 the Company has been awarded patent number US11,097,245, issued by the U.S. Patent & Trademark Office (USPTO), covering 24 unique elements of its Electric-Powered, Closed-Loop, Continuous-Feed, Endothermic Energy-Conversion Systems and Methods (“the System”).

Montauk Renewables Awarded Patent for Near-Zero-Emissions Renewable Energy Technology

Montauk Renewables, Inc. (MNTK) CEO Sean McClain on Q2 2020 Results - Earnings Call Transcript

PITTSBURGH, Aug. 16, 2021 (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 fiscal second quarter 2021.

Montauk Renewables Announces Second Quarter 2021 Results

PITTSBURGH, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. ("Montauk” or “the Company") (NASDAQ: MNTK), a renewable energy company specializing in the recovery and processing of biogas from non-fossil fuel sources, will host a conference call on Monday, August 16, 2021, at 5:00 p.m. Eastern Time to discuss its financial results for the second quarter ended June 30, 2021. 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.

Montauk Renewables Schedules Second Quarter 2021 Conference Call for Monday, August 16, 2021, at 5:00 p.m. ET

PITTSBURGH, June 15, 2021 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (NASDAQ: MNTK) (the “Company”) announces the planned expansion of its dairy digester renewable natural gas (“RNG”) cluster project in Jerome, Idaho.

Montauk Renewables, Inc. Expands Dairy Digester RNG Project

PITTSBURGH, May 11, 2021 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (Montauk) (NASDAQ: MNTK) announces the acquisition of privately-held NR3, LLC, (NR3) a pioneering environmental technology and renewable energy company, based in Greensboro, NC, that specializes in the recovery, refining, and recycling of natural resources from the waste streams of modern agriculture.  Montauk, historically focused on the environmental compliance and recovery of methane from landfills, commissioned its first agriculture waste-to-energy cluster project in August 2020. The Company believes the NR3 acquisition could be transformative in expanding its focus on decarbonization projects and the remediation of environmental and social issues surrounding industrial agriculture in underserved communities.

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