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, May 06, 2021 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (NASDAQ: MNTK) announced that it has signed an agreement to sell a portion of its Renewable Natural Gas (“RNG”) production as a feedstock to make fuel for the European market.

Montauk Renewables, Inc. Signs Agreement to Sell RNG for European Market Use

PITTSBURGH, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (NASDAQ: MNTK), a renewable energy company specializing in the recovery and processing of biogas from non-fossil fuel sources for beneficial use as a replacement to fossil fuels, announced today that it received ISCC GHG Savings Certification for three facilities it owns in the United States.

Montauk Renewables, Inc. announces ISCC GHG Savings Certification for three biomethane sites

Crocs

Macy's

Emergent BioSolutions

CNA Financial

Molina Healthcare

Newmark Group

NeoPhotonics

With the trading day more than halfway over, the broad markets were sliding into the weekend.

Crocs, Emergent Bio, Macy's and More Friday Afternoon Analyst Calls

Dream Finders Homes

Huadi International Group

MYT Netherlands Parent B.V

Patria Investments

RLX Technology

Cannabis finance REIT AFC Gamma plans to raise $119 million at a $240 million market cap. Street research is expected for six companies.

U.S. IPO Week Ahead: The IPO Market Takes A Breather In A 1 IPO Week

PITTSBURGH, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (the “Company”) announced today the closing of its initial public offering of 3,399,515 shares at a price of $8.50 per share. The offering consisted of 2,350,000 shares offered by the Company, 697,015 shares offered by Montauk Holdings Limited, the selling stockholder, and an additional 352,500 shares issued pursuant to the exercise in full of the underwriter's option to purchase additional shares of common stock from the Company. The Company's common stock is listed on The Nasdaq Capital Market and trades under the ticker symbol “MNTK.” The shares have a secondary listing on the Johannesburg Stock Exchange and trade under the ticker symbol “MKR.”

Montauk Renewables Announces Closing of Initial Public Offering and Exercise in Full of the Underwriter's Option to Purchase Additional Shares

The 2021 IPO market continued gaining momentum this past week as six IPOs and 14 SPACs raised $6.2 billion. The IPO pipeline remained active as well, with 36 new filings from IPOs and SPACs combined.

U.S. IPO Weekly Recap: The IPO Market Has No Time To RLX In A 6-IPO Week

The latest offerings to hit the market are a Brazilian private-equity firm and a Chinese maker of e-cigarettes.

RLX, Patria, and Montauk IPOs Soar in Market Debuts

PITTSBURGH, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (the “Company”) announced today the pricing of its initial public offering of 3,047,015 shares at a price of $8.50 per share. 2,350,000 of the shares are being offered by the Company and 697,015 of the shares are being offered by Montauk Holdings Limited, the selling stockholder. The shares will be listed on The Nasdaq Capital Market (“Nasdaq”) and trade under the ticker symbol “MNTK” beginning on January 22, 2021. The shares will have a secondary listing on the Johannesburg Stock Exchange and trade under the ticker symbol “MKR” beginning January 25, 2021. The offering is subject to customary closing conditions and is expected to close on January 26, 2021. The Company expects to use the proceeds to fund the identification of, and diligence activities with respect to, potential new projects, which include evaluating new project sites, project conversions and strategic acquisitions.

Montauk Renewables Announces Pricing of $25.9 Million Initial Public Offering

News for Montauk Renewables Stock (MNTK)