Montauk Renewables, Inc. (MNTK)

NASDAQ: MNTK · Real-Time Price · USD
3.750
+0.020 (0.54%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.54%
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]

Sector Utilities
IPO Date Jan 22, 2021
Employees 151
Stock Exchange NASDAQ
Ticker Symbol MNTK
Full Company Profile

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 Statements

Analyst 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.

Price Target
$6.0
(60.00% upside)
Analyst Consensus: Hold
Stock Forecasts

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...

5 weeks ago - Seeking Alpha

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...

5 weeks ago - Seeking Alpha

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 ...

5 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

2 months ago - Business Wire

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...

4 months ago - Seeking Alpha

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...

5 months ago - GlobeNewsWire

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 ...

5 months ago - Seeking Alpha

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...

8 months ago - Seeking Alpha

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...

8 months ago - GlobeNewsWire

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 ...

8 months ago - GlobeNewsWire

Montauk Renewables, Inc. (MNTK) Q4 2023 Earnings Call Transcript

Montauk Renewables, Inc. (MNTK) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

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...

10 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha

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 ...

1 year ago - GlobeNewsWire

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”) ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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.

1 year ago - Reuters

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...

1 year ago - GlobeNewsWire