Montauk Renewables, Inc., a renewable energy company, engages in recovery and processing of biogas from landfills and other non-fossil fuel sources. 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 include long-term owner-operators of landfills and livestock farms, investor-owned and municipal electricity utilities, and refiners in the natural gas and refining sectors. Montauk Renewables, Inc. was incorporated in 2020 and is headquartered in Pittsburgh, Pennsylvania.
IPO Year: 2021
Exchange: NASDAQ
Website: montaukrenewables.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/3/2024 | $8.00 → $6.00 | Sector Outperform → Sector Perform | Scotiabank |
| 11/13/2023 | $9.00 | Sector Perform → Sector Outperform | Scotiabank |
| 9/29/2023 | $9.00 | Sector Perform | Scotiabank |
| 6/27/2023 | $6.50 | Neutral | B. Riley Securities |
| 5/12/2023 | $5.00 → $7.50 | Sell → Hold | Tudor, Pickering, Holt & Co. |
| 4/13/2023 | $9.00 → $7.00 | Sell → Neutral | UBS |
| 12/14/2022 | $9.00 | Sell | UBS |
10-Q - Montauk Renewables, Inc. (0001826600) (Filer)
8-K - Montauk Renewables, Inc. (0001826600) (Filer)
8-K - Montauk Renewables, Inc. (0001826600) (Filer)
DEFA14A - Montauk Renewables, Inc. (0001826600) (Filer)
DEF 14A - Montauk Renewables, Inc. (0001826600) (Filer)
8-K - Montauk Renewables, Inc. (0001826600) (Filer)
10-K - Montauk Renewables, Inc. (0001826600) (Filer)
8-K - Montauk Renewables, Inc. (0001826600) (Filer)
8-K - Montauk Renewables, Inc. (0001826600) (Filer)
8-K - Montauk Renewables, Inc. (0001826600) (Filer)
PITTSBURGH, May 08, 2025 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. ("Montauk" or "the Company") (NASDAQ:MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas ("RNG"), today announced financial results for the first quarter ended March 31, 2025. First Quarter Highlights: • Revenues of $42.6 million, increased 9.8% compared to the first quarter of 2024 • Net loss of $0.5 million, compared to net income of $1.9 million for the first quarter of 2024 • Non-GAAP Adjusted EBITDA of $8.8 million, decreased 7.2% year-over-year • RNG production of 1.4 million MMBtu, flat compared to firs
PITTSBURGH, April 29, 2025 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. ("Montauk" or "the Company") (NASDAQ:MNTK), a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas ("RNG"), will host a conference call and webcast on Friday, May 9, 2025, at 8:30 a.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2025. The Company will issue a press release reporting the financial results after the close of regular stock market trading hours on the day prior to the conference call and webcast. First Quarter 2025 Conference Call and Webcast Details Date:Friday, May 9, 2025Time:8:30 a.m. ETParticipant
PITTSBURGH, April 15, 2025 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (NASDAQ:MNTK) ("Montauk" or the "Company"), announced today that the Company's Board of Directors has authorized a share repurchase program to repurchase up to $5,000,000 of the Company's issued and outstanding common stock, effective immediately with no date for termination. Repurchases under the program may be made through open market transactions, privately negotiated transactions or otherwise in accordance with applicable federal securities laws. The timing, number and purchase price of shares repurchased under the program, if any, will be determined by a Repurchase Committee, comprised of Board members and manage
PITTSBURGH, April 10, 2025 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. ("Montauk" or "the Company") (NASDAQ:MNTK) announces that its subsidiary, Tulsa LFG, LLC broke ground on a Renewable Natural Gas ("RNG") landfill gas project at the American Environmental Landfill, Inc. ("AEL") in Tulsa, Oklahoma in a ceremony on Wednesday, April 9, 2025 (the "Project"). The Project is accompanied by an extension of its existing gas rights and lease agreement with the landfill host, American Environmental Landfill, Inc. ("AEL"). With a variable inlet capacity design, the new RNG facility is anticipated to have a production nameplate capacity averaging approximately 1,500 MMBtu per day, capable of bene
PITTSBURGH, March 13, 2025 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. ("Montauk" or "the Company") (NASDAQ:MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas ("RNG"), today announced financial results for the year ended December 31, 2024. Full Year Highlights: Revenues of $175.7 million, flat year over yearNet Income of $9.7 million, decreased 34.9% year over yearNon-GAAP Adjusted EBITDA of $42.6 million, decreased 8.3% year over yearRNG production of 5.6 million MMBtu, increased 1.6% year over yearRINs sold of 36.6 million, decreased 8.3 million or 18.5% year over yearUnsold RINs of 6.8 millio
PITTSBURGH, March 03, 2025 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. ("Montauk" or "the Company") (NASDAQ:MNTK), a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas ("RNG"), will host a conference call and webcast on Thursday, March 13, 2025, at 8:30 a.m. Eastern time to discuss its financial results for the full year ended December 31, 2024. The Company will issue a press release reporting the financial results after the close of regular stock market trading hours on the day prior to the conference call and webcast. Full Year 2024 Conference Call and Webcast Details Date:Thursday, March 13, 2025Time:8:30 a.m. ETPartic
Clear Street's Newest Offering, with In-Depth Market Analysis and Investment Insights, Addresses the Firm's Rapidly Expanding Institutional Client Base Initial Sector Coverage Includes Disruptive Technology, Energy Transition and Healthcare Clear Street ("Clear Street", "the Company"), a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, today announced the launch of its Equity Research Group, a strategic initiative aimed at providing in-depth market analysis and investment insights to its growing institutional client base. Led by Director of Research Mara Goldstein, Clear Street Equity Research will focus initially on the Disruptive Technology, En
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 of biogas into renewable natural gas ("RNG"), today announced financial results for the third quarter ended September 30, 2024. Third Quarter Financial Highlights: RINs Sold of 15.8 million, increased 14.5% compared to the third quarter of 2023 Revenues of $65.9 million, increased 18.4% compared to the third quarter of 2023 Net Income of $17.0 million, increased 31.8% compared to the third quarter of 2023 Non-GAAP Adjusted EBITDA of $29.4 million, increased 31
The company has secured partnerships with major biogas suppliers, green methanol product offtakers, equipment and technology corporations, and a licensing agreement with MIT. Emvolon, an MIT spun-off technology company that converts greenhouse gas emissions into carbon-negative fuels and chemicals, today announced several commercial and technical milestones. Following its recent field pilot announcement with Montauk Renewables to demonstrate the benefits of converting biogas into green methanol, Emvolon has secured multiple new partnerships with biogas suppliers, green methanol product offtakers, and multinational equipment and technology companies. Additionally, Emvolon announced that MIT
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 of biogas into renewable natural gas ("RNG"), will host a conference call and webcast on Tuesday, November 12, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2024. The Company will issue a press release reporting the financial results after the close of regular stock market trading hours on the same day as the conference call and webcast. Third Quarter 2024 Conference Call and Webcast Details Date: Tuesday, November 12, 2024Time: 5:0
SC 13G - Montauk Renewables, Inc. (0001826600) (Subject)
SC 13G - Montauk Renewables, Inc. (0001826600) (Subject)
SC 13G/A - Montauk Renewables, Inc. (0001826600) (Subject)
SC 13G - Montauk Renewables, Inc. (0001826600) (Subject)
PITTSBURGH, May 08, 2025 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. ("Montauk" or "the Company") (NASDAQ:MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas ("RNG"), today announced financial results for the first quarter ended March 31, 2025. First Quarter Highlights: • Revenues of $42.6 million, increased 9.8% compared to the first quarter of 2024 • Net loss of $0.5 million, compared to net income of $1.9 million for the first quarter of 2024 • Non-GAAP Adjusted EBITDA of $8.8 million, decreased 7.2% year-over-year • RNG production of 1.4 million MMBtu, flat compared to firs
PITTSBURGH, April 29, 2025 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. ("Montauk" or "the Company") (NASDAQ:MNTK), a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas ("RNG"), will host a conference call and webcast on Friday, May 9, 2025, at 8:30 a.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2025. The Company will issue a press release reporting the financial results after the close of regular stock market trading hours on the day prior to the conference call and webcast. First Quarter 2025 Conference Call and Webcast Details Date:Friday, May 9, 2025Time:8:30 a.m. ETParticipant
PITTSBURGH, March 13, 2025 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. ("Montauk" or "the Company") (NASDAQ:MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas ("RNG"), today announced financial results for the year ended December 31, 2024. Full Year Highlights: Revenues of $175.7 million, flat year over yearNet Income of $9.7 million, decreased 34.9% year over yearNon-GAAP Adjusted EBITDA of $42.6 million, decreased 8.3% year over yearRNG production of 5.6 million MMBtu, increased 1.6% year over yearRINs sold of 36.6 million, decreased 8.3 million or 18.5% year over yearUnsold RINs of 6.8 millio
PITTSBURGH, March 03, 2025 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. ("Montauk" or "the Company") (NASDAQ:MNTK), a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas ("RNG"), will host a conference call and webcast on Thursday, March 13, 2025, at 8:30 a.m. Eastern time to discuss its financial results for the full year ended December 31, 2024. The Company will issue a press release reporting the financial results after the close of regular stock market trading hours on the day prior to the conference call and webcast. Full Year 2024 Conference Call and Webcast Details Date:Thursday, March 13, 2025Time:8:30 a.m. ETPartic
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 of biogas into renewable natural gas ("RNG"), today announced financial results for the third quarter ended September 30, 2024. Third Quarter Financial Highlights: RINs Sold of 15.8 million, increased 14.5% compared to the third quarter of 2023 Revenues of $65.9 million, increased 18.4% compared to the third quarter of 2023 Net Income of $17.0 million, increased 31.8% compared to the third quarter of 2023 Non-GAAP Adjusted EBITDA of $29.4 million, increased 31
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 of biogas into renewable natural gas ("RNG"), will host a conference call and webcast on Tuesday, November 12, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2024. The Company will issue a press release reporting the financial results after the close of regular stock market trading hours on the same day as the conference call and webcast. Third Quarter 2024 Conference Call and Webcast Details Date: Tuesday, November 12, 2024Time: 5:0
PITTSBURGH, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. ("Montauk" or "the Company") (NASDAQ:MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas ("RNG"), today announced financial results for the second quarter ended June 30, 2024. Second Quarter Financial Highlights: Unsold RINs of 4.7 million as of June 30, 2024, increased 58.7% compared to the second quarter of 2023 In July 2024, committed for transfer all 4.7 million unsold RINs as of June 30, 2024 at average price of $3.32 compared to second quarter of 2024 average index price of $3.20 Revenues of $43.3 million, decreased 18.6% compa
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 of biogas into renewable natural gas ("RNG"), will host a conference call and webcast on Thursday, August 8, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2024. The Company will issue a press release reporting the financial results after the close of regular stock market trading hours on the same day as the conference call and webcast. Second Quarter 2024 Conference Call and Webcast Details Date:Thursday, August 8, 2024Time:5:00 p.m. ETP
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 of biogas into renewable natural gas ("RNG"), today announced financial results for the first quarter ended March 31, 2024. First Quarter Financial Highlights: Revenues of $38.8 million, increased 102.5% compared to the first quarter of 2023 Net Income of $1.9 million, increased 148.8% compared to the first quarter of 2023 Non-GAAP Adjusted EBITDA of $9.5 million, increased 212.7% compared to the first quarter of 2023 RNG production of 1.4 million MMBtu, increased 4.4% compared to
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 of biogas into renewable natural gas ("RNG"), will host a conference call and webcast on Thursday, May 9, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2024. The Company will issue a press release reporting the financial results after the close of regular stock market trading hours on the same day as the conference call and webcast. First Quarter 2024 Conference Call and Webcast Details Date:Thursday, May 9, 2024Time:5:00 p.m. ETParticip
Scotiabank downgraded Montauk Renewables from Sector Outperform to Sector Perform and set a new price target of $6.00 from $8.00 previously
Scotiabank upgraded Montauk Renewables from Sector Perform to Sector Outperform and set a new price target of $9.00
Scotiabank initiated coverage of Montauk Renewables with a rating of Sector Perform and set a new price target of $9.00
B. Riley Securities initiated coverage of Montauk Renewables with a rating of Neutral and set a new price target of $6.50
Tudor, Pickering, Holt & Co. upgraded Montauk Renewables from Sell to Hold and set a new price target of $7.50 from $5.00 previously
UBS upgraded Montauk Renewables from Sell to Neutral and set a new price target of $7.00 from $9.00 previously
UBS initiated coverage of Montauk Renewables with a rating of Sell and set a new price target of $9.00
Roth Capital initiated coverage of Montauk Renewables with a rating of Buy and set a new price target of $17.50
Roth Capital initiated coverage of Montauk Renewables with a rating of Buy
ROTH Capital initiated coverage of Mentortech, Inc. with a rating of Buy and set a new price target of $17.50
4 - Montauk Renewables, Inc. (0001826600) (Issuer)
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4 - Montauk Renewables, Inc. (0001826600) (Issuer)
4 - Montauk Renewables, Inc. (0001826600) (Issuer)
3 - Montauk Renewables, Inc. (0001826600) (Issuer)
4 - Montauk Renewables, Inc. (0001826600) (Issuer)
4 - Montauk Renewables, Inc. (0001826600) (Issuer)
4 - Montauk Renewables, Inc. (0001826600) (Issuer)
4 - Montauk Renewables, Inc. (0001826600) (Issuer)
4 - Montauk Renewables, Inc. (0001826600) (Issuer)