Montauk Renewables, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $259.1M
- Price
- $1.82
- % Change (Daily % change from the live per-ticker quote feed.)
- -2.67%
- Volume
- 34.9K
About
Montauk Renewables, Inc., a renewable energy company, engages in recovery and processing of biogas from landfills and other non-fossil fuel sources. It operates in two segments, Renewable Natural Gas and Renewable Electricity Generation. 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 (RIN) include long-term owner-operators of landfills and livestock farms, local utilities, and refiners in the natural gas and refining sectors. The company was founded in 1980 and is headquartered in Pittsburgh, Pennsylvania.
Quick stats
Shares outstanding142.3M
Computed float42.7M
Float / shares30.0%
Key info
SectorUtilities
IndustryDiversified Utilities
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001826600
AI Summary
AI-generated1/13
standardbullishearnings
Montauk Renewables Announces Second Quarter 2026 Results
Montauk Renewables reported Q2 revenue of $54.0 million, up 19.7% year-over-year, while swinging to a net profit of $0.2 million compared to a net loss of $5.5 million in the prior year.
Adjusted EBITDA surged 144.5% to $12.3 million, driven by a 29.1% increase in RINs sold, though core RNG commodity revenue fell 63.7% due to the expiration of fixed-price contracts.
The company reiterated its full-year outlook, expecting RNG revenues between $175 million and $190 million, and began power generation at its Turkey, North Carolina facility in July.
Red flags
- RNG commodity revenue decreased approximately 63.7% year-over-year
- Cash and cash equivalents decreased to $15.8 million from $23.8 million at year-end due to heavy capital expenditures