Montauk Renewables, Inc. (MNTK)
Montauk Renewables, Inc. operates in the Diversified Utilities industry of the Utilities sector, headquartered in Pittsburgh, PA, US. The stock last traded at $1.84, up 1.66% on the session, giving a market capitalisation of $261.9M. On trailing twelve-month figures it carries a trailing P/E of 33.21, a net margin of 4.2%. Its beta of 0.54 implies it has historically moved less than the broad market.
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.
Montauk Renewables, Inc. is most often compared with the following Utilities names: