Highest-materiality recent filing
Montauk Renewables shareholders re-elect directors and ratify auditor
Jennifer Cunningham re-elected with 95,930,621 votes for, 1,276,666 withheld; term to 2029.
Montauk Renewables Q1 revenue up 9% to $46.4M; net income near break-even, Adj EBITDA +23%
Revenues $46.4M (+9% YoY); net income $5K vs loss $0.5M in Q1 2025; Non-GAAP Adj EBITDA $10.8M (+22.8%).
Montauk Renewables FY2025 earnings drop sharply; EBITDA down 21%, EPS down 86%
Revenue flat at $176.4M; EBITDA fell 21.2% to $32.3M from $41.0M.
Montauk Renewables FY2025 net income drops 82%; revenue flat at $176.4M
Revenue of $176.4M flat YoY; net income of $1.7M down 82%; non-GAAP Adjusted EBITDA of $35.6M down 16.5%.
Sixth Amendment replaces Total Leverage Ratio with Total Net Leverage Ratio (net of cash up to $5M).
Montauk Q3 revenue $45.3M (-31.3% YoY); net income $5.2M (-69.5%); guidance unchanged
Adjusted EBITDA $12.8M, down 56.4% YoY; average realized RIN price $2.29 (-31.4%).
Montauk Renewables H1 2025 loss per share $0.04; revenue up 7% but EBITDA down 27%
Revenue $87.73M, +7% YoY; EBITDA $11.36M, -27% YoY from $15.60M.
Montauk Q2 revenue up 4.1% to $45.1M; net loss widens to $5.5M; reaffirms FY guidance
Revenue $45.1M (+4.1% YoY); operating loss $2.4M vs operating income $0.8M in Q2 2024.
Montauk Renewables stockholders elect Govender and Shaik, ratify Grant Thornton as auditor
At May 22, 2025 annual meeting, Theventheran G. Govender was elected with 95.4M votes for, 8.8M withheld.
Montauk Q1 net loss swings to $0.5M; announces Rumpke relocation and Blue Granite impairment
Revenues $42.6M (+9.8% YoY); net loss of $0.5M vs net income $1.9M in Q1 2024; Adj. EBITDA $8.8M (-7.2%).
Montauk Renewables authorizes up to $5M share repurchase program
Board authorized repurchase of up to $5M of common stock on April 10, 2025.
Montauk Renewables FY2024 revenue flat at $175.7M; EPS falls 36% to $0.07; no dividend
Revenue $175.7M, +0.5% YoY; EBITDA $41.0M, -10% YoY.
Montauk Renewables FY 2024 net income down 35% to $9.7M; revenue flat at $175.7M
Revenue flat at $175.7M; net income fell 34.9% to $9.7M; adjusted EBITDA down 8.3% to $42.6M.
Montauk Renewables ups loan from subsidiary to $10.69M in fifth amendment
Loan principal increased from $10.04M to $10.69M; interest rate remains 0.4% per annum.
Director Michael Jacobson resigns from Montauk Renewables board; Yunis Shaik joins audit committee
Michael Jacobson resigned from Board effective February 14, 2025.
Montauk Q3 revenue $65.9M (+18% YoY), net income $17.0M (+32% YoY); guides RNG rev $175-185M
Q3 revenue $65.9M (+18.4% YoY), net income $17.0M (+31.8% YoY), Adjusted EBITDA $29.4M (+31.3% YoY).
Montauk Renewables H1 2024 revenue up 13%, turns to headline earnings of $1.6M
Revenue $82.1M for six months ended June 30, 2024, up 13% YoY from $72.4M.
Montauk Renewables Q2 2024 net loss $0.7M; revenue down 18.6% on strategic RIN deferral
Revenue $43.3M (-18.6% YoY); net loss $0.7M vs net income $1.0M YoY.
Montauk Renewables elects two directors and ratifies auditor at 2024 annual meeting
Mohamed H. Ahmed elected with 94,190,003 votes for, 4,712,008 withheld; John A. Copelyn elected with 80,054,213 for, 18,847,798 withheld.
Montauk Renewables Q1 revenue $38.8M (+102.5%), net income $1.9M vs loss
Revenue $38.8M (+102.5% YoY); net income $1.9M vs net loss of $3.8M in Q1 2023.
Montauk Renewables reappoints Michael A. Jacobson to Board and Audit Committee
Jacobson appointed as Class II director effective April 2, 2024; term ends at 2025 annual meeting.
Montauk Renewables FY2023 revenue down 15%, headline EPS falls 59% to $0.11; no dividend declared
Revenue $174.9M, down 15% from $205.6M in FY2022.
Montauk Renewables FY2023 revenue down 14.9% to $174.9M, net income falls 57.5%
Net income of $14.9M ($0.09 diluted EPS), down from $35.2M; Adjusted EBITDA $46.5M, down 34.1%.
Montauk Renewables extends loan maturity from 2023 to 2033 in amended agreement with affiliate
Extended maturity of $10.04M loan from Dec 31, 2023 to Dec 31, 2033.
Montauk Renewables Q3 net income up 15.6% to $12.9M; updates FY outlook, OKs NC project phase
Revenue $55.7M (-0.4% YoY); net income $12.9M (+15.6%); Adj. EBITDA $22.4M (+7.4%).
Board approved amended bylaws on Oct 18, 2023, reducing disclosure required from proposing stockholders regarding derivative instruments and short positions in competitors.
Montauk Renewables adopts amended bylaws with Universal Proxy Rule and advance notice updates
Board approved Amended and Restated Bylaws effective September 13, 2023.
Montauk Renewables H1 2023 revenue down 28%; EBITDA falls 70%; reports headline loss
Revenue $72.4M vs $100.1M YoY, down 28%.
Montauk Renewables Q2 revenue falls 21.5%, net income down 94.8% to $1M
Revenue $53.3M, down 21.5% YoY; net income $1.0M, down 94.8% YoY.
Capital investment of $85-95M for RNG facility at Bowerman Landfill; nameplate capacity ~3,600 MMBtu/day.
Principal increased from $8.94M to $10.04M; maturity extended from June 30, 2023 to Dec 31, 2023.
Montauk Renewables announces 2023 annual meeting voting results
Jennifer Cunningham and Sean F. McClain elected as directors for three-year terms until 2026.
Montauk Q1 revenue drops 40.5% to $19.2M; net loss widens 240% to $3.8M
Revenues $19.2M, down 40.5% YoY; net loss $3.8M vs loss $1.1M in Q1 2022.
Montauk Renewables VP of Business Development Scott Hill resigns effective April 6
Scott Hill, Vice President of Business Development, resigned on April 6, 2023.
Director Michael Jacobson resigns from Montauk Renewables board; Cunningham joins audit committee
Michael A. Jacobson resigned from the Board effective March 30, 2023, with no disagreement reported.
Montauk Renewables FY2022 revenue $205.6M (+39% YoY); HEPS $0.27 vs -$0.02
Revenue $205.6M, up 39% from $148.1M; EBITDA $65.7M, up 158% from $25.4M.
Montauk Renewables FY2022 revenue $205.6M (+38.8%), net income $35.2M (+877%)
Adjusted EBITDA $70.5M, +152.4% YoY; RNG production 5.5M MMBtu (-2.9%).
Montauk Renewables extends $8.94M intercompany loan maturity to June 30, 2023
First Amendment extends maturity of $8.94M loan from Montauk Renewables to Montauk Holdings Ltd. to June 30, 2023.
Montauk Renewables Q3 revenue up 40.5% to $55.9M; net income up 25.7% to $11.2M
Revenue $55.9M (+40.5% YoY); Net income $11.2M (+25.7% YoY); Adjusted EBITDA $20.9M (+62.7% YoY).
Montauk Renewables reports H1 2022 revenue up 59% YoY; EPS $0.13 vs ($0.13) loss
Revenue $100.1M for six months ended June 30, 2022, up 59% from $63.1M in H1 2021.
Montauk Renewables Q2 revenue surges 114% to $67.9M, net income $19.2M
Revenue $67.9M, up 114% YoY; net income $19.2M vs net loss of $4.7M in Q2 2021.
Montauk Renewables stockholders elect three directors, ratify auditor at 2022 annual meeting
All three director nominees elected: Govender (112.8M for), Jacobson (114.8M for), Shaik (107.0M for); broker non-votes 2.2M.
Montauk amends employment and IP repurchase agreements with two executives
Terminated Carroll's and Redeker's rights to repurchase certain IP transferred to Montauk Ag.
Montauk Renewables Reports First Quarter 2022 Results with Revenue Up 2.3% and Net Loss Down 92.2%
Revenues of $32.2 million for Q1 2022, up 2.3% from $31.4 million in Q1 2021.
Montauk Renewables FY2021 revenue up 48% to $148.1M; swings to headline loss of $2.9M
Revenue $148.1M (+48% YoY); EBITDA $25.4M (+1% YoY).
Montauk Renewables FY21 revenue up 47.5% to $148.1M, net loss $4.5M; issues FY22 guidance
Revenue $148.1M, +47.5% YoY; net loss $4.5M vs net income $4.6M in 2020.
Montauk Renewables amends credit facility: revolver to $120M, term loan to $80M, maturity Dec 2026
Revolving credit commitments increased from $80M to $120M; term loan commitments increased to $80M (from ~$22.5M outstanding).
Director Bruce Raynor to resign from Montauk Renewables board effective Feb 28, 2022
Bruce Raynor notified Montauk Renewables of his resignation from the Board, effective February 28, 2022.
Montauk Renewables elects Jennifer Cunningham to Board effective Jan 1, 2022
Ms. Cunningham appointed as Class III director; term expires at 2023 annual meeting.
Montauk Renewables Q3 revenue up 41% to $39.7M, net income $8.9M vs loss year ago
Revenue $39.7M (+40.7% YoY); net income $8.9M vs net loss of $2.1M in Q3 2020.
On February 14, 2025, Mr. Michael Jacobson provided notice to Montauk Renewables, Inc. (the “Company”) that he is resigning from the Company’s Board of Directors (the “Board”) effective immediately.
On April 2, 2024, the Board of Directors (the “ Board ”) of Montauk Renewables, Inc., a Delaware corporation (the “ Company ”), appointed Mr. Michael A. Jacobson to the Board and Audit Committee thereof.
On April 6, 2023, Mr. Scott Hill, Vice President of Business Development, provided notice to Montauk Renewables, Inc. (the “Company”) that he is resigning from the Company, effective immediately.
On March 28, 2023, Mr. Michael A. Jacobson provided notice to Montauk Renewables, Inc. (the “Company”) that he is resigning from the Company’s Board of Directors (the “Board”) effective March 30, 2023.
On December 13, 2021, Mr. Bruce Raynor provided notice to Montauk Renewables, Inc. (the “Company”) that he will resign from the Company’s Board of Directors (the “Board”) effective February 28, 2022.
On December 9, 2021, the Board of Directors (the “ Board ”) of Montauk Renewables, Inc., a Delaware corporation (the “ Company ”), elected Ms. Jennifer Cunningham to the Board and appointed her to the Environmental, Safety and Corporate Responsibility Committee of the Board to be effective with her Board term commencing on January 1, 2022
Max materiality 0.85 · Median 0.68 · Most common event earnings