Montauk Renewables, Inc. (MNTK)

NASDAQ: MNTK · IEX Real-Time Price · USD
17.44
-0.93 (-5.06%)
Sep 30, 2022 4:00 PM EDT - Market closed
-5.06%
Market Cap 2.50B
Revenue (ttm) 185.06M
Net Income (ttm) 32.43M
Shares Out 143.60M
EPS (ttm) 0.22
PE Ratio 79.27
Forward PE 27.47
Dividend n/a
Ex-Dividend Date n/a
Volume 348,680
Open 17.48
Previous Close 18.37
Day's Range 17.15 - 17.82
52-Week Range 8.78 - 20.78
Beta n/a
Analysts Sell
Price Target 13.01 (-25.4%)
Earnings Date Nov 14, 2022

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 capture 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 long-t... [Read more...]

Industry Utilities-Diversified
IPO Date Jan 22, 2021
Employees 132
Stock Exchange NASDAQ
Ticker Symbol MNTK
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for MNTK stock is "Sell." The 12-month stock price forecast is 13.01, which is a decrease of -25.40% from the latest price.

Price Target
$13.01
(-25.40% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Best-Performing Stocks of the Top ETF of Q3

ALPS Clean Energy ETF (ACES) topped the list of the best-performing U.S. equity ETFs in Q3, gaining about 11%. The rally was driven by the Inflation Reduction Act, which focuses on making the climate gr...

Other symbols: ACESAMPSFSLRIEASTEM
3 days ago - Zacks Investment Research

Montauk Renewables (MNTK) Is a Great Choice for "Trend" Investors, Here's Why

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 thr...

2 weeks ago - Zacks Investment Research

IPO Stock Of The Week: Renewable Energy Leader Montauk Tests Latest Buy Point

Among the top IPO stocks to watch, renewable energy leader Montauk is testing its latest buy point amid the recent market volatility. The post IPO Stock Of The Week: Renewable Energy Leader Montauk Test...

1 month ago - Investors Business Daily

Montauk Renewables, Inc. Announces Second Apex RNG Facility

PITTSBURGH, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (NASDAQ: MNTK) (the “Company”) announces the planned construction of a second renewable natural gas (“RNG”) processing facility at ...

1 month ago - GlobeNewsWire

Has Montauk Renewables (MNTK) Outpaced Other Oils-Energy Stocks This Year?

Here is how Montauk Renewables (MNTK) and Gulfport Energy (GPOR) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

Renewable Energy IPO Nears Breakout On 114% Growth

Boosted by 114% sales growth and a sweeping renewable energy bill, 2021 IPO Montauk Renewables powers new buy point.   The post Renewable Energy IPO Nears Breakout On 114% Growth appeared first on Inves...

Other symbols: ACAAMRCKENNEP
1 month ago - Investors Business Daily

Montauk Renewables (MNTK) Q2 Earnings and Revenues Surpass Estimates

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?

1 month ago - Zacks Investment Research

Montauk Renewables Announces Second Quarter 2022 Results

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 ...

1 month ago - GlobeNewsWire

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

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 ...

2 months ago - GlobeNewsWire

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

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 ...

3 months ago - GlobeNewsWire

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

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?

4 months ago - Zacks Investment Research

Montauk Renewables Announces First Quarter 2022 Results

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 b...

4 months ago - GlobeNewsWire

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

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.

4 months ago - Zacks Investment Research

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

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...

5 months ago - GlobeNewsWire

Montauk Renewables Announces Full Year 2021 Results

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...

6 months ago - GlobeNewsWire

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

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 ...

7 months ago - GlobeNewsWire

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

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 ...

9 months ago - GlobeNewsWire

Montauk Renewables Announces Third Quarter 2021 Results

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 conversio...

10 months ago - GlobeNewsWire

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

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 ...

11 months ago - GlobeNewsWire

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

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 ...

1 year ago - Accesswire

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

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 ...

1 year ago - GlobeNewsWire

Montauk Renewables Announces Second Quarter 2021 Results

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 ...

1 year ago - GlobeNewsWire

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

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 ...

1 year ago - GlobeNewsWire

Montauk Renewables, Inc. Expands Dairy Digester RNG Project

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 ...

1 year ago - GlobeNewsWire

Montauk Renewables, Inc. Expands Agricultural Waste Segment Through Technology Acquisition

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 renew...

1 year ago - GlobeNewsWire