Montauk Renewables, Inc. (MNTK)
Market Cap | 534.90M |
Revenue (ttm) | 194.85M |
Net Income (ttm) | 22.99M |
Shares Out | 142.64M |
EPS (ttm) | 0.16 |
PE Ratio | 23.18 |
Forward PE | 8.87 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 538,002 |
Open | 3.690 |
Previous Close | 3.730 |
Day's Range | 3.690 - 3.980 |
52-Week Range | 3.380 - 9.380 |
Beta | -0.30 |
Analysts | Hold |
Price Target | 6.00 (+60.0%) |
Earnings Date | Nov 12, 2024 |
About MNTK
Montauk Renewables, Inc., a renewable energy company, engages in recovery and processing of biogas from landfills and other non-fossil fuel sources. It operates in two segments, Renewable Natural Gas and Renewable Electricity Generation. The company develops, owns, and operates renewable natural gas (RNG) projects that captures methane and prevents it from being released into the atmosphere by converting it into either RNG or electrical power for the electrical grid. Its customers for RNG and renewable identification numbers (RIN) include large... [Read more]
Financial Performance
In 2023, Montauk Renewables's revenue was $174.90 million, a decrease of -14.91% compared to the previous year's $205.56 million. Earnings were $14.95 million, a decrease of -57.53%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for MNTK stock is "Hold." The 12-month stock price forecast is $6.0, which is an increase of 60.00% from the latest price.
News
Montauk Renewables: Some Bright Spots, But Too Many Shadows
Montauk Renewables is a leading US RNG producer with strong financials but faces operational risks and market uncertainties, warranting a "Hold" rating. The company's revenue heavily relies on environ...
Montauk Renewables, Inc. (MNTK) Q3 2024 Earnings Call Transcript
Montauk Renewables, Inc. (NASDAQ:MNTK) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants John Ciroli - Chief Legal Officer & Secretary Sean McClain - President & Chie...
Montauk Renewables Announces Third Quarter 2024 Results
PITTSBURGH, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (“Montauk” or “the Company”) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery, and conversion ...
Montauk Renewables Schedules Third Quarter 2024 Conference Call for Tuesday, November 12, 2024, at 5:00 p.m. ET
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 o...
Emvolon and Montauk Renewables, Inc. Announce Collaboration to Transform Methane Emissions into High-Value, Carbon-Negative Fuel
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. (NA...
Montauk Renewables, Inc. (MNTK) Q2 2024 Earnings Call Transcript
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 Chi...
Montauk Renewables Schedules Second Quarter 2024 Conference Call for Thursday, August 8, 2024, at 5:00 p.m. ET
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 o...
Montauk Ag To Provide A Multi-Year Earnings Compounding Opportunity
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 ...
Montauk Renewables, Inc. (MNTK) Q1 2024 Earnings Call Transcript
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 Office...
Montauk Renewables Announces First Quarter 2024 Results
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 o...
Montauk Renewables Schedules First Quarter 2024 Conference Call for Thursday, May 9, 2024, at 5:00 p.m. ET
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 ...
Montauk Renewables, Inc. (MNTK) Q4 2023 Earnings Call Transcript
Montauk Renewables, Inc. (MNTK) Q4 2023 Earnings Call Transcript
Montauk Renewables Announces Full Year 2023 Results
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...
Montauk Renewables Schedules Full Year 2023 Conference Call for Thursday, March 14, 2024, at 5:00 p.m. ET
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 o...
Montauk Renewables: New Reactors Announced, Production Increases, And Cheap
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...
Montauk Renewables, Inc. (MNTK) Q3 2023 Earnings Call Transcript
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 O...
Montauk Renewables Announces Third Quarter 2023 Results
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 ...
Montauk Renewables Schedules Third Quarter 2023 Conference Call for Thursday, November 9, 2023, at 5:00 p.m. ET
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 o...
Montauk Renewables, Inc. (MNTK) Q2 2023 Earnings Call Transcript
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 Off...
Montauk Renewables Announces Second Quarter 2023 Results
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 ...
Montauk Renewables, Inc. Announces Agreements Expanding Waste-to-Renewable Energy in North Carolina
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”) ...
Montauk Renewables, Inc. Signs Letter of Intent with European Energy to Provide CO2 for e-Methanol Production
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 Lett...
Montauk Renewables Schedules Second Quarter 2023 Conference Call for Wednesday, August 9, 2023, at 5:00 p.m. ET
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 o...
Montauk Renewables to build biogas facility in Orange County, California
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, Inc. to Develop Renewable Natural Gas 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 ren...