Montauk Renewables Earnings Reports

Montauk Renewables announced strong third-quarter results, with an 18.4% increase in revenues to $65.9 million and a 31.8% increase in net income to $17.0 million compared to the third quarter of 2023. The company's RNG production remained flat at 1.4 million MMBtu, while RINs sold increased by 14.5%.

Montauk Renewables reported an increase in revenue to $82.125 million and a significant increase in headline earnings to $1.601 million for the six months ended June 30, 2024. The company did not declare a final dividend to focus on the continued development of its operations portfolio.