Montauk Renewables Sees FY24 RNG Revenues $195M-$215M
Portfolio Pulse from Benzinga Newsdesk
Montauk Renewables projects its FY24 Renewable Natural Gas (RNG) revenues to be between $195M and $215M.

May 09, 2024 | 9:04 pm
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Montauk Renewables anticipates its FY24 RNG revenues to range from $195M to $215M, indicating potential growth in its renewable energy segment.
The projected increase in RNG revenues for FY24 suggests a positive outlook for Montauk Renewables' renewable energy segment. This forecast could lead to increased investor confidence and potentially drive up the stock price in the short term, as it reflects optimism about the company's growth prospects and its ability to capitalize on the expanding renewable energy market.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100