Montauk Renewables, Inc.
2.0700-0.02 (-0.96%)
Oct 29, 4:00:01 PM EDT · NasdaqCM · MNTK · USD
Key Stats
Market Cap
298.76MP/E (TTM)
103.50Basic EPS (TTM)
0.02Dividend Yield
0%Recent Filings
8-K
Mixed H1 results with revenue gain
Montauk Renewables reported $87.7 million in revenue for the six months ended June 30, 2025, up 7% from $82.1 million last year, yet EBITDA fell 27% to $11.4 million amid impairments and disposal losses. Headline earnings swung to a $4.0 million loss from a $1.6 million profit, with per-share metrics dropping to ($0.03). Directors skipped the dividend to fuel operations growth. Results highlight cost pressures hitting profitability.
10-Q
Q2 FY2025 results
Montauk Renewables posted Q2 FY2025 revenue of $45.1M, up 4.1% y/y from $43.3M, driven by higher natural gas commodity prices that boosted RNG sales despite softer RIN realizations at $2.42 per unit, down 22.4% y/y (derived). Gross margins narrowed as operating expenses climbed 17.2% y/y to $21.9M on maintenance timing, yielding an operating loss of $2.4M versus $0.9M income last year; net loss widened to $5.5M or $(0.04) diluted EPS, confirmed against 143M shares with no anti-dilution. RNG volumes edged up 2.2% y/y to 1,413 MMBtu, while REG dipped 6.7% to 42 MWh. Cash fell to $29.1M from $45.6M year-end amid $45.3M capex, offset by $17.3M operating cash flow; free cash flow not disclosed in the 10-Q. Debt rose to $69.7M with $97.4M revolver availability, no covenant issues. Second Apex RNG facility commissioned in June adds 2,100 MMBtu/day capacity. Regulatory shifts in RIN volumes pose ongoing compliance risks.
8-K
Q2 revenues up, EBITDA down
Montauk Renewables reported Q2 2025 revenues of $45.1 million, up 4.1% year-over-year, yet Adjusted EBITDA fell 27.7% to $5.0 million amid lower RIN prices at $2.42, down 22.4%, and higher maintenance costs. RNG production held flat at 1.4 million MMBtu, while RINs sold rose 10.5% to 11.1 million. Key wins included commissioning the second Apex RNG facility and inking a 10-year PPA for Montauk Ag Renewables at $48/MWh average. The JV GreenWave targets RNG transport access. RIN market volatility hits profits hard.
8-K
Annual meeting elects directors
Montauk Renewables elected Theventheran G. Govender and Yunis Shaik to its board on May 22, 2025, for terms ending in 2028, with strong support—95.4 million for Govender and 94.5 million for Shaik—despite some withheld votes. Stockholders also ratified Grant Thornton LLP as auditors for the year ending December 31, 2025, by a wide margin of 100 million for versus 7 million against. Board continuity solidified. No major dissent emerged.
8-K
Q1 revenues rise, but net loss hits
Montauk Renewables reported Q1 2025 revenues of $42.6 million, up 9.8% from last year, driven by RIN sales from 2024 production, yet swung to a $0.5 million net loss from prior income amid lower RIN prices and higher maintenance costs. RNG production held flat at 1.4 million MMBtu, while RINs sold rose 25.3% to 9.9 million. Rumpke facility relocation starts Q2 2025, targeting 2028 commissioning with $80-110 million capex. Blue Granite project impaired due to utility rejection. Full-year RNG revenues eyed at $150-170 million.
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