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Companies / Utilities / Montauk Renewables, Inc.
MNTK

Montauk Renewables, Inc.

UtilitiesElectric, Gas & Water
Ticker MNTKPITTSBURGH, PAFiscal year ends DecemberBook value per share $1.84Diluted shares 143.9M

Montauk Renewables, Inc. operates as a renewable energy company focused on the production and development of sustainable fuel and energy solutions. The company, through its subsidiary Montauk Energy Holdings, LLC, engages in the development, construction, and operation of renewable energy projects that generate… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$176.38M
+0.4% year over year
Last 12 mo $189.10M
0.48%
−8.7 percentage points
Last 12 mo 0.59%
$1.75M
−82.0% year over year
Last 12 mo $7.93M
0.66%
−3.6 percentage points
Last 12 mo 3.00%
Cash & financing
$30.33M
−30.7% year over year
Last 12 mo $43.43M
$-86.21M
−365.3% year over year
Last 12 mo $-83.37M
0.49
Was 0.22× a year earlier
Last 12 mo 0.57
143.1M
+0.5% year over year
Last 12 mo 143.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Montauk Renewables, Inc. does

In the company’s own words

Montauk Renewables, Inc. operates as a renewable energy company focused on the production and development of sustainable fuel and energy solutions. The company, through its subsidiary Montauk Energy Holdings, LLC, engages in the development, construction, and operation of renewable energy projects that generate electricity, renewable natural gas, and other products from sustainable sources.

The company's business model centers on identifying, developing, and operating renewable energy facilities across multiple technology platforms. Montauk Renewables maintains a portfolio of both operating projects that have achieved commercial operation and development projects in various stages of construction and permitting. The company generates revenue through the sale of electricity and renewable products to customers under long-term power purchase agreements and other commercial arrangements.

Montauk's operational structure includes multiple project entities and subsidiaries, with certain joint venture entities including GreenWave Energy Partners, LLC and Fuel Tide, LLC. The company maintains relationships with independent consultants and engineers to support project development, construction oversight, and operational management. The organization employs various professional teams focused on project development, construction management, operations, and financial management.

The company's capital structure reflects its project-based business model, with financing typically arranged on a project-by-project basis through senior secured term loans and other debt instruments. Montauk maintains compliance with regulatory requirements including Federal Energy Regulatory Commission standards, renewable fuel standards, and various state and local environmental and operational regulations.

The company's competitive positioning derives from its expertise in renewable energy project development, operational management capabilities, and access to capital markets for project financing. Montauk Renewables pursues growth through the development of new renewable energy projects while optimizing the operational performance of existing facilities. The company's strategic focus emphasizes long-term contracted revenue streams and sustainable energy production aligned with evolving energy market dynamics and environmental objectives.

Company details
Sector
Utilities
Industry
Electric, Gas & Water
Headquarters
PITTSBURGH, PA
Fiscal year end
December
CIK
1826600
SIC
4932

Financial performance, year by year

Fiscal 2021–2025 · USD
$-25.54M$37.49M$100.52M$163.54M$226.57M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Montauk Renewables, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

105
funds hold it
0 of 35
superinvestors hold it
$16.60M
held by funds, at market
7.3%
of shares held by funds

Largest fund holders · Montauk Renewables, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.00%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Montauk Renewables, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Montauk Renewables, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Montauk Renewables, Inc.'s last four quarterly filings that the numbers alone won't show?”
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