Montauk Renewables (MNTK)
NASDAQ:MNTK
Earnings Data
Report Date
May 07, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.01Last Year’s EPS
0Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call presented a mix of operational progress and strategic actions (facility commissioning, Turkey, NC project commissioning, GreenWave JV contribution, and a new $200M credit facility) alongside material near-term financial headwinds. Key negatives include a sharp decline in realized RIN prices (~29%), lower profitability (Adjusted EBITDA down 16.5%, net income down 84.5%), increased O&M and development-related expenses, impairment charges, and higher leverage with a 10.25% fixed rate. Management provided constructive 2026 guidance (higher expected RNG volumes and revenues) and financing to support growth, but near-term earnings and margin pressures dominate the financial picture.Company Guidance
Operational Production Improvements at Specific Sites
Pico project inlet feedstock averaged ~458,000 gallons/day, 17% above contractual minimum; Pico's redesigned facility produced ~31.8% more RNG year-over-year; Apex commissioning contributed to ~7.8% more RNG production at that site in 2025 vs prior year; Rumpke produced 218,000 MMBtu more in 2025.
Completed Commissioning and New Facility Development
Construction and commissioning of second RNG processing facility at Apex completed in 2025; commissioning begun at Turkey, North Carolina facility with expected first-phase capacity to process feedstock from 400,000–450,000 hog spaces (~35,000 tons annual waste) and production/revenue expected to commence April 2026.
Strategic Financing to Enable Growth
Completed a new senior credit facility (up to $200M) in March 2026 with $155M outstanding as of March 11, 2026; proceeds used to refinance prior debt and enable completion of Turkey, NC project and future growth initiatives.
GreenWave JV Contributions and RIN Activity
Through 51% ownership of GreenWave, Montauk received 706,000 RINs and recorded $1.5M in income from the joint venture in 2025; sold distributed RINs generating ~$1.6M in revenue included in 2025 results.
Revenue Stability
Total revenues were essentially flat: $176.4M in 2025 vs $175.7M in 2024, demonstrating top-line stability despite market headwinds and a prior-year facility sale.
Cost Control in Corporate Expenses
Total general and administrative expenses decreased 12.5% to $31.7M in 2025; employee-related costs (including stock-based comp) decreased 20.5% to $18.4M; corporate insurance fees decreased ~15.4%.
Aggressive Capital Deployment and Development Pipeline
Capital expenditures increased to $116.5M in 2025 (from $62.3M in 2024), including $81M for Montauk Ag Renewables and spending for Rumpke relocation and Apex expansion; 2026 development capex estimated at $100M–$150M, underlining pipeline growth investments.
Guidance for 2026 Showing Growth Expectations
2026 outlook: RNG production 5.8–6.1 million MMBtu (vs ~5.6M in 2025) and RNG revenues $175M–$190M; renewable electricity production 195,000–207,000 MWh with revenues $35M–$41M, reflecting expectations of higher volumes and revenue potential.
MNTK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MNTK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 12, 2026 | $1.41 | $1.35 | -4.26% |
Nov 05, 2025 | $1.95 | $1.64 | -15.90% |
Aug 06, 2025 | $2.08 | $1.95 | -6.25% |
May 08, 2025 | $2.33 | $2.12 | -9.01% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Montauk Renewables (MNTK) report earnings?
Montauk Renewables (MNTK) is schdueled to report earning on May 07, 2026, After Close (Confirmed).
What is Montauk Renewables (MNTK) earnings time?
Montauk Renewables (MNTK) earnings time is at May 07, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MNTK EPS forecast?
MNTK EPS forecast for the fiscal quarter 2026 (Q1) is -0.01.