Montauk RenewablesMNTK
Market Cap: $633M
About: Montauk Renewables Inc is a United States-based renewable energy company. It specializes in the recovery and processing of biogas from landfills and other non-fossil fuel sources for beneficial use as a replacement for fossil fuels. The firm develops, owns, and operates RNG projects that supply renewable fuel into the transportation and electrical power sectors. Montauk operates in two segments: Renewable Natural Gas and Renewable Electricity Generation. It generates a majority of its revenue from the Renewable Natural Gas segment.
Employees: 151
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
31% more capital invested
Capital invested by funds: $99M [Q1] → $129M (+$30.3M) [Q2]
11% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 37
0.76% less ownership
Funds ownership: 16.55% [Q1] → 15.78% (-0.76%) [Q2]
4% less funds holding
Funds holding: 112 [Q1] → 108 (-4) [Q2]
15% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 27
60% less call options, than puts
Call options by funds: $2K | Put options by funds: $5K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Scotiabank Paul Cheng 24% 1-year accuracy 9 / 37 met price target | 36%upside $6 | Sector Perform Downgraded | 3 Sept 2024 |