Montauk Renewables Announces Full Year 2024 Results

Montauk Renewables, Inc. (MNTK)
Company Research
Source: GlobeNewswire
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 million as of December 31, 2024, increased 6.7 milli
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News
- Analysts Just Shaved Their Montauk Renewables, Inc. (NASDAQ:MNTK) Forecasts Dramatically [Yahoo! Finance]Yahoo! Finance
- Montauk Renewables, Inc. (NASDAQ: MNTK) had its price target lowered by analysts at UBS Group AG from $6.25 to $3.00. They now have a "neutral" rating on the stock.MarketBeat
- Montauk Renewables, Inc. (NASDAQ: MNTK) had its price target lowered by analysts at B. Riley from $4.00 to $3.00. They now have a "neutral" rating on the stock.MarketBeat
- Montauk Renewables Schedules Full Year 2024 Conference Call for Thursday, March 13, 2025, at 8:30 a.m. ETGlobeNewswire
MNTK
Earnings
- 11/12/24 - Beat
MNTK
Analyst Actions
- 3/14/25 - UBS
MNTK
Sec Filings
- 3/17/25 - Form 8-K
- 3/14/25 - Form 10-K
- 3/13/25 - Form 8-K
- MNTK's page on the SEC website