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MNTK (Montauk Renewables) Gross Property, Plant and Equipment : $451.9 Mil (As of Dec. 2024)


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What is Montauk Renewables Gross Property, Plant and Equipment?

Montauk Renewables's quarterly gross PPE increased from Jun. 2024 ($433.4 Mil) to Sep. 2024 ($444.0 Mil) and increased from Sep. 2024 ($444.0 Mil) to Dec. 2024 ($451.9 Mil).

Montauk Renewables's annual gross PPE increased from Dec. 2022 ($337.6 Mil) to Dec. 2023 ($394.1 Mil) and increased from Dec. 2023 ($394.1 Mil) to Dec. 2024 ($451.9 Mil).


Montauk Renewables Gross Property, Plant and Equipment Historical Data

The historical data trend for Montauk Renewables's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Montauk Renewables Gross Property, Plant and Equipment Chart

Montauk Renewables Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Property, Plant and Equipment
Get a 7-Day Free Trial 313.92 323.54 337.60 394.12 451.95

Montauk Renewables Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 394.12 414.93 433.37 443.98 451.95

Montauk Renewables Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Montauk Renewables  (NAS:MNTK) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Montauk Renewables Gross Property, Plant and Equipment Related Terms

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Montauk Renewables Business Description

Traded in Other Exchanges
Address
5313 Campbells Run Road, Suite 200, Pittsburgh, PA, USA, 15205
Montauk Renewables Inc is a 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 namely Renewable Natural Gas and Renewable Electricity Generation. It generates a majority of its revenue from the Renewable Natural Gas segment.
Executives
Michael Barsch officer: See Remarks 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
Sean F Mcclain director, officer: President and CEO C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
Scott E Hill officer: VP of Business Development C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR. FOSTER PL 10 FL 5, PITTSBURGH PA 15220
Jennifer E Cunningham director C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN PL 10, FL 5, PITTSBURGH PA 15220
Sharon R Frank officer: VP Environ. Health & Safety C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
Yunis Shaik director C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN PL 10, FL 5, PITTSBURGH PA 15220
John Ciroli officer: VP, GC and Secretary C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
John A Copelyn director C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR., FOSTER PL 10, FL 5, PITTSBURGH PA 15220
Van Asdalan Kevin A officer: CFO and Treasurer C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
James A Shaw officer: Vice President of Operations C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
Bruce S Raynor director C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR., FOSTER PL 10 FL 5, PITTSBURGH PA 15220
Mohamed H Ahmed director C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR., FOSTER PL 10, FL 5, PITTSBURGH PA 15220
Michael Alon Jacobson director C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR., FOSTER PL 10, FL 5, PITTSBURGH PA 15220
Montauk Holdings Ltd 10 percent owner 5TH FLOOR STERLING STREET, ZONNEBLOEM, CAPE TOWN T3 7925
Govender Theventheran (kevin) G director C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR. FOSTER PL 10 FL 5, PITTSBURGH PA 15220