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.)
- $378.6M
- Price
- $2.66
- % Change (Daily % change from the live per-ticker quote feed.)
- -8.59%
- Volume
- 1.4M
About
Montauk Renewables, Inc. is a renewable energy enterprise specializing in the extraction and refinement of biogas sourced from landfills and other non-fossil fuel origins. Its operations are divided into two primary segments: Renewable Natural Gas and Renewable Electricity Generation. The company develops, owns, and operates renewable natural gas (RNG) projects. These initiatives are designed to capture harmful methane emissions, preventing their release into the atmosphere, and convert them into either RNG or electrical power for distribution to the grid. Customers for its renewable natural gas (RNG) and renewable identification numbers (RINs) are diverse, encompassing long-term owner-operators of landfills and livestock farms, local utilities, and refiners within the natural gas and refining sectors. Established in 1980, the company maintains its corporate headquarters in Pittsburgh, Pennsylvania.
Quick stats
Shares outstanding142.3M
Computed float42.7M
Float / shares30.0%
Key info
SectorIndustrials
IndustryIndustrial - Specialties
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-generated1/23
minorbullishoperations update
Montauk Renewables Celebrates Opening of Turkey, NC facility in Sampson County
Montauk Renewables and subsidiary Montauk Renewables Ag, LLC celebrated the official opening of the company's Turkey, NC facility in Sampson County, a project representing a $200 million capital investment in rural North Carolina.
As of the end of August, Montauk had entered long-term agreements with over 80 separate farming locations, securing access to more than 415,000 hog spaces targeted for the first phase of development.
The facility, created from the former Bay Valley Foods Distribution Center, applies Montauk technology that transforms swine waste into electricity, with the biochar produced there expected to improve nutrient and water retention in soils.
Montauk is a Pittsburgh-based renewable energy company with operations at 14 projects across eight states, selling RNG and renewable electricity and capturing environmental attribute premiums under federal and state incentive policies.