2024-03-21 23:55:21 ET
Summary
- Montauk Renewables is a leading company in RNG production and sales, with a 10% share of the RNG landfills market in the US.
- MNTK stock has declined over 75% since its high in September 2022, mainly due to the volatility in the price of RIN(D3).
- Its business model faces challenges, including dependence on other companies, revenue concentration, and competition in the industry.
Montauk Renewables ( MNTK ) is one of the leading U.S. companies in RNG (renewable natural gas) production and sales, with a share of around 10% of the entire RNG landfills market in the United States. The stock has declined more than 75% from its high in September 2022, mainly due to the volatility in the price of RIN(D3)....
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Montauk Renewables: Financially Sound, But Beware Of Operational Risks