Montauk Renewables, Inc. (MNTK)

NASDAQ: MNTK · IEX Real-Time Price · USD
3.480
+0.050 (1.46%)
Apr 19, 2024, 4:00 PM EDT - Market closed
1.46%
Market Cap 500.07M
Revenue (ttm) 174.90M
Net Income (ttm) 14.95M
Shares Out 143.70M
EPS (ttm) 0.11
PE Ratio 31.64
Forward PE 13.29
Dividend n/a
Ex-Dividend Date n/a
Volume 280,478
Open 3.410
Previous Close 3.430
Day's Range 3.410 - 3.560
52-Week Range 3.380 - 10.950
Beta -0.49
Analysts Hold
Price Target 7.38 (+112.07%)
Earnings Date May 8, 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, MNTK'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 4 analysts, the average rating for MNTK stock is "Hold." The 12-month stock price forecast is $7.38, which is an increase of 112.07% from the latest price.

Price Target
$7.38
(112.07% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

5 weeks 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...

7 weeks ago - GlobeNewsWire

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 ...

5 months 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...

6 months ago - GlobeNewsWire

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 ...

9 months 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”) ...

9 months 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...

9 months 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...

9 months 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.

10 months 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...

10 months ago - GlobeNewsWire

Montauk Renewables Announces First Quarter 2023 Results

PITTSBURGH, May 10, 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 Schedules First Quarter 2023 Conference Call for Wednesday, May 10, 2023, at 5:00 p.m. ET

PITTSBURGH, April 26, 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 Approval of Provisional California Air Resource Board Carbon Intensity Score for Pico Energy Site in Idaho

PITTSBURGH, March 28, 2023 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (NASDAQ: MNTK) (the “Company”) today announced that on March 27, 2023 the Company's Tier 2 application with the California Air R...

1 year ago - GlobeNewsWire

Montauk Renewables, Inc. Announces Planned Entrance Into South Carolina With A New RNG Project in South Carolina

PITTSBURGH, March 23, 2023 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (NASDAQ: MNTK) (the “Company”) announces its planned entrance into South Carolina with the development of a new landfill gas-to-...

1 year ago - GlobeNewsWire

Montauk Renewables Announces Full Year 2022 Results

PITTSBURGH, March 16, 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 Full Year 2022 Conference Call for Thursday, March 16, 2023, at 5:00 p.m. ET

PITTSBURGH, March 02, 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. Ranked #1 in Sunday Times Top 100 Companies of 2022

PITTSBURGH, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (NASDAQ: MNTK) (the “Company”), announced today the Company has earned the number one ranking in the Sunday Times Top 100 Compani...

1 year ago - GlobeNewsWire

Montauk Renewables Announces Third Quarter 2022 Results

PITTSBURGH, Nov. 09, 2022 (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 Schedules Third Quarter 2022 Conference Call and Webcast for Wednesday, November 9, 2022, at 5:00 p.m. ET

PITTSBURGH, Oct. 26, 2022 (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. 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 a...

1 year ago - GlobeNewsWire

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 o...

1 year 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 o...

1 year 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 o...

2 years ago - GlobeNewsWire

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...

2 years ago - GlobeNewsWire

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 ...

2 years ago - GlobeNewsWire