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Montauk Renewables, Inc Signs Agreement to Sell RNG for European Market Use

Montauk Renewables, Inc. Signs Agreement to Sell RNG for European Market Use PITTSBURGH, May 06, 2021 (GLOBE NEWSWIRE) Montauk Renewables, Inc. (NASDAQ: MNTK) announced that it has signed an agreement to sell a portion of its Renewable Natural Gas (“RNG”) production as a feedstock to make fuel for the European market. Beginning July 2021, the Company will sell approximately 900,000 MMBtu annually of is production, currently monetized under an expiring domestic floor-price agreement, to Iogen RC Fuels, LP (“Iogen”) under a new 4.5 year fixed-price agreement to make vehicle fuel to serve the European market. Montauk’s ability to enter into this Agreement was due to being selected through an October 2020 RFP award for a portion of its RNG production based on then current pricing of RNG and attribute model trends at the time of bid. The award was contingent on registration of proposed production facilities under the International Sustainability & Carbon Certification (“I

Montauk Renewables Announces Pricing of $25 9 Million Initial Public Offering

Montauk Renewables Announces Pricing of $25 9 Million Initial Public Offering
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Mid-Morning Market Update: Markets Open Lower; Schlumberger Tops Q4 Estimates

Shares of Broadwind, Inc. (NASDAQ: BWEN) were down 16% to $8.84 as the company issued weak Q4 sales forecast. ViewRay, Inc. (NASDAQ: VRAY) was down, falling 14% to $4.5494. Commodities In commodity news, oil traded down 2.3% to $51.91, while gold traded down 0.9% to $1,848.50. Silver traded down 1.9% Friday to $25.355 while copper fell 2% to $3.5745. Euro zone European shares were lower today. The eurozone’s STOXX 600 fell 1.1%, the Spanish Ibex Index fell 1.6% and the German DAX 30 dropped 0.9%. Meanwhile, the French CAC 40 fell 1.3%, London’s FTSE 100 fell 0.8% and Italy’s FTSE MIB dipped 1.9%. The Eurozone services PMI declined to 45 in January versus 46.4 in the earlier month, while manufacturing activity contracted to 54.7. French services PMI dropped to 46.5 in January from 49.1 in the prior month, while manufacturing PMI increased to 51.5 in from 51.1. Germany’s manufacturing PMI fell to 57 in January, while services PMI slipped to 46.8. Retail sales in the U

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