Montauk Renewables Inc (MNTK) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amid ... [Yahoo! Finance]
Montauk Renewables, Inc. (MNTK)
Company Research
Source: Yahoo! Finance
Montauk Renewables Inc ( NASDAQ:MNTK ) reported a significant increase in total revenues for Q3 2024, reaching $65.9 million, an 18.4% increase compared to Q3 2023. The company achieved a 9.5% increase in realized RIN pricing during Q3 2024 compared to the same period in 2023. Operating income for Q3 2024 increased by 35.3% to $22.7 million compared to Q3 2023. Adjusted EBITDA for Q3 2024 was $29.4 million, marking a 31.3% increase from Q3 2023. Montauk Renewables Inc ( NASDAQ:MNTK ) successfully self-marketed 15.8 million RINs in Q3 2024, a 14.5% increase from Q3 2023. Severe weather events in Houston, Texas, led to multi-day utility power outages, impacting over half of Montauk Renewables Inc ( NASDAQ:MNTK )'s RNG production. The Blue Granite RNG project faced delays due to Hurricane Helene, pushing the commissioning expectation to 2027. General and administrative expenses increased by 27.9% in Q3 2024 compared to Q3 2023, primarily due to employee-related costs. Th
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News
- Montauk Renewables, Inc. (MNTK) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Montauk Renewables Announces Third Quarter 2024 ResultsGlobeNewswire
- 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