Montauk Renewables Announces Third Quarter 2024 Results
Montauk Renewables, Inc. (MNTK)
Company Research
Source: GlobeNewswire
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 31.3% compared to the third quarter of 2023 RNG production of 1.4 million MMBtu, flat compared to the third quarter of 2023 Our production was significantly impacted by Hurricane Beryl which caused widespread and multi-day power outages in the Houston, Texas region. We estimate that ou
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News
- Montauk Renewables Inc (MNTK) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amid ... [Yahoo! Finance]Yahoo! Finance
- Montauk Renewables, Inc. (MNTK) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Emvolon Reaches Commercial and Technical Milestones to Help Hard-to-Abate Industries Power the Global Economy While Eliminating EmissionsBusiness Wire
- Montauk Renewables Schedules Third Quarter 2024 Conference Call for Tuesday, November 12, 2024, at 5:00 p.m. ETGlobeNewswire
- Are Robust Financials Driving The Recent Rally In Montauk Renewables, Inc.'s (NASDAQ:MNTK) Stock? [Yahoo! Finance]Yahoo! Finance
MNTK
Earnings
- 11/12/24 - Beat
MNTK
Sec Filings
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- MNTK's page on the SEC website