Brief: Montauk Renewables Q2 Revenue USD 45.1 Million

Montauk Renewables

06/08/2025 21:15

Overview

Montauk Q2 revenue grows 4.1% yr/yr, beating analyst expectations, per LSEG data

Adjusted EBITDA for Q2 misses consensus, declining 27.7% yr/yr

Co completes second RNG processing facility, enters joint venture for RNG transport

Outlook

Montauk reaffirms 2025 RNG revenue guidance of $150-$170 mln

Company maintains 2025 RNG production forecast at 5.8-6.0 mln MMBtu

Montauk keeps 2025 REG revenue outlook at $17-$18 mln

Company sees 2025 REG production between 178-186 thousand MWh

Result Drivers

REVENUE TIMING - Increase in Q2 revenue attributed to timing of revenues recognized under a short-term fixed priced contract

RIN SEPARATION DELAY - EPA actions impacted RIN separation, reducing available RINs for sale, affecting revenue

MAINTENANCE COSTS - Operating expenses rose due to preventative maintenance and enhancements at multiple facilities

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$45.10 mln
$43.50 mln (2 Analysts)
Q2 Net Income
-$5.50 mln
Q2 Adjusted EBITDA
Miss
$5 mln
$9.96 mln (4 Analysts)
Q2 Operating income
-$2.40 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the electric utilities peer group is "buy."

Wall Street's median 12-month price target for Montauk Renewables Inc is $2.93, about 29.2% above its August 5 closing price of $2.07

The stock recently traded at 41 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nGNX5fK29N

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)