7Baggers

Montauk Renewables, Inc
(NASDAQ:MNTK) 

MNTK stock logo

Montauk Renewables, Inc., a renewable energy company, engages in recovery and processing of biogas from landfills and other non-fossil fuel sources. The company develops, owns, and operates renewable natural gas (RNG) projects that capture methane and prevents it from being released into the atmosph...

Founded: 2014
CEO: Sean McClain  
Sector: Utilities
Industry: Utilities—Diversified
Utilities
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At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
    Unit: USD2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 
                          
      total operating revenues
    		46,428,000 -132,811,618 45,258,000 45,127,000 42,603,000 -147,866,264 65,917,000 43,338,000 38,787,000 46,807,000 55,688,000 53,256,000 19,154,000 49,643,000 55,860,000 67,884,000 32,169,000 45,255,000 39,749,000 31,674,000 31,447,000  
      operating expenses:
    		                      
      operating and maintenance expenses
    		23,155,000 -56,821,354 17,477,000 21,864,000 17,557,000 -48,529,337 15,484,000 18,662,000 14,451,000 16,148,000 14,212,000 15,221,000 14,182,000 15,062,000 14,134,000 14,870,000 13,201,000 12,523,000 13,123,000 13,187,000 10,612,000  
      general and administrative expenses
    		8,019,000 -24,278,264 6,511,000 9,044,000 8,754,000 -28,165,714 10,037,000 8,737,000 9,427,000 8,334,000 7,848,000 8,745,000 9,475,000 8,424,000 8,466,000 8,753,000 8,495,000 7,272,000 7,520,000 7,341,000 20,452,000  
      royalties, transportation, gathering and production fuel
    		8,037,000 -25,139,055 8,433,000 9,168,000 7,571,000 -26,670,498 11,107,000 9,077,000 6,518,000 9,273,000 11,450,000 10,205,000 3,933,000 9,679,000 12,188,000 15,090,000 7,206,000 9,843,000 6,636,000 5,986,000 6,218,000  
      depreciation, depletion and amortization
    		8,373,000 -21,604,028 8,341,000 7,029,000 6,264,000 -17,281,485 6,048,000 5,823,000 5,434,000 5,366,000 5,346,000 5,251,000 5,196,000 3,863,250 5,167,000 5,134,000 5,153,000 4,265,500 5,666,000 5,660,000 5,737,000  
      impairment loss
    		443,000 -2,468,769 48,000 377,000 2,047,000 -1,230,414 533,000 171,000 528,000 125,000 51,000 274,000 451,000 2,459,000 2,273,000 69,000 51,000 565,000   626,000  
      total operating expenses
    		48,027,000 -130,311,470 40,810,000 47,482,000 42,193,000 -121,938,387 43,209,000 42,470,000 36,419,000 39,338,000 38,907,000 39,699,000 33,320,000 41,024,000 42,228,000 43,921,000 33,820,000 35,911,000 33,020,000 32,211,000 43,651,000  
      operating income
    		-1,599,000 -2,500,148 4,448,000 -2,355,000 410,000 -25,927,877 22,708,000 868,000 2,368,000 7,469,000 16,781,000 13,557,000 -14,166,000 8,986,750 13,632,000 23,963,000 -1,651,000 -1,502,250 6,729,000 -537,000 -12,204,000  
      yoy
    		-490.00% -90.36% -80.41% -371.31% -82.69% -447.14% 35.32% -93.60% -116.72% -16.89% 23.10% -43.43% 758.03% -698.22% 102.59% -4562.38% -86.47%      
      qoq
    		-36.04% -156.21% -288.87% -674.39% -101.58% -214.18% 2516.13% -63.34% -68.30% -55.49% 23.78% -195.70% -257.63% -34.08% -43.11% -1551.42% 9.90% -122.33% -1353.07% -95.60%   
      other expenses
    		                      
      interest expense
    		1,336,000 -3,528,184 1,074,000 1,216,000 1,243,000 -4,279,723 1,835,000 1,286,000 1,165,000 2,072,000 1,295,000 711,000 1,675,000 1,453,000 36,000 271,000 32,000 864,000 697,000 720,000 646,000  
      income from equity investment
    		-3,320,000                      
      loss on extinguishment of debt
    		944,000                      
      other income
    		-266,000    -52,000 1,247,669 -140,000 -50,000               
      total other expenses
    		-1,306,000 -3,529,661 1,088,000 1,256,000 1,191,000 -3,032,054 1,695,000 1,236,000 105,000       246,000 -278,000 976,000 1,314,000 730,000 679,000  
      income before income taxes
    		-293,000 1,029,513 3,360,000 -3,611,000 -781,000 -22,895,823 21,013,000 -368,000 2,263,000 5,536,000 15,742,000 12,936,000 -15,848,000 7,171,000 13,727,000 23,717,000 -1,373,000 8,368,000 5,415,000 -1,267,000 -12,883,000  
      income tax benefit
    		-298,000            -12,060,000          
      net income
    		5,000 747,748 5,205,000 -5,487,000 -464,000 -18,176,266 17,048,000 -712,000 1,850,000 4,799,000 12,934,000 1,003,000 -3,788,000 5,970,000 11,187,000 19,152,000 -1,115,000 5,493,000 8,896,000 -4,652,000 -14,265,000  
      yoy
    		-101.08% -104.11% -69.47% 670.65% -125.08% -478.75% 31.81% -170.99% -148.84% -19.61% 15.62% -94.76% 239.73% 8.68% 25.75% -511.69% -92.18%      
      qoq
    		-99.33% -85.63% -194.86% 1082.54% -97.45% -206.62% -2494.38% -138.49% -61.45% -62.90% 1189.53% -126.48% -163.45% -46.63% -41.59% -1817.67% -120.30% -38.25% -291.23% -67.39%   
      income per share:
    		                      
      basic
    		 0.02 0.04 -0.04  -0.06 0.12 -0.01 0.01 0.04 0.09 0.01      -0.018 0.06    
      diluted
    		 0.02 0.04 -0.04  -0.06 0.12 -0.01 0.01 0.04 0.09 0.01      -0.018 0.06    
      weighted-average common shares outstanding:
    		                      
      basic
    		143,244,544 143,020,271 143,126,354 143,035,626 142,711,797 142,279,079 142,410,940 142,069,697 141,986,189 141,727,905 141,717,612 141,633,417 141,633,417 141,238,851 141,290,748 141,129,457 141,045,477 141,015,213 141,015,213 141,015,213 141,015,213  
      diluted
    		143,258,120 143,076,091 143,201,149 143,035,626 142,711,797 142,397,493 142,620,332 142,069,697 142,369,219 142,151,640 142,299,875 142,045,498 141,633,417 142,579,389 142,722,396 142,462,069 141,045,477 141,015,213 141,048,006 141,015,213 141,015,213  
      transaction costs
    		     -60,939   61,000 92,000  3,000 83,000 153,000  5,000 27,000 -5,000 232,000 37,000 88,000  
      other expense
    		  14,000 40,000     -1,060,000    7,000 -5,000 -131,000 -25,000 -17,000 -864,000 617,000 10,000 33,000  
      income tax expense
    		 281,765 -1,845,000 1,876,000 -317,000 -4,719,557 3,965,000 344,000 413,000 737,000 2,808,000 11,933,000  1,201,000 2,540,000 4,565,000    3,385,000 1,382,000  
      gain on insurance proceeds
    		                -313,000 -94,000 -157,000  -82,000  
      other
    		         -85,000 -256,000 -90,000           
      total other expense
    		         835,250 1,039,000 621,000 1,682,000 -31,000 -95,000        
      loss per share:
    		                      
      basic
    		            -0.03    -0.01   -0.03 -0.1  
      diluted
    		            -0.03    -0.01   -0.03 -0.1  
      earnings per share:
    		                      
      basic
    		             0.053 0.08 0.14       
      diluted
    		             0.05 0.08 0.13       
      net loss on sale of fixed assets
    		                      
      other expenses:
    		                      
      net gain on sale of assets
    		                -293,000      
      income tax (benefit) expense
    		                -258,000 321,500 -3,481,000    
      other expenses :
    		                      
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2026-03-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 
                           
        current assets:
      		                     
        cash and cash equivalents
      		25,947,000 6,766,000 29,133,000 40,111,000 45,621,000 54,973,000 42,285,000 63,277,000 73,811,000 73,304,000 77,630,000 78,043,000 105,177,000 95,619,000 72,195,000 59,794,000 53,266,000 20,892,000 16,350,000 22,643,000 20,992,000 
        accounts and other receivables
      		5,226,000 6,018,000 7,543,000 8,491,000 8,172,000 19,217,000 21,984,000 9,669,000 12,752,000 18,102,000 13,215,000 6,305,000 7,222,000 12,264,000 23,998,000 5,578,000 9,338,000 15,308,000 10,124,000 6,905,000 5,449,000 
        current restricted cash
      		8,000 8,000 8,000 8,000 8,000 82,000 8,000 8,000 8,000 22,000            
        income tax receivable
      		622,000 723,000 647,000 344,000 41,000  506,000 98,000   483,000           
        current portion of derivative instruments
      		 286,000 356,000 401,000 471,000 428,000 766,000 766,000 785,000 991,000 1,004,000 835,000 879,000    650,000 841,000 957,000 1,061,000 1,185,000 
        prepaid insurance and other current assets
      		3,888,000 4,168,000 4,914,000 2,824,000 2,911,000                 
        total current assets
      		35,691,000 17,969,000 42,601,000 52,179,000 57,224,000 79,276,000 71,147,000 76,619,000 90,175,000 107,388,000 108,282,000 96,631,000 124,868,000 121,651,000 110,968,000 77,967,000 75,167,000 39,363,000 31,045,000 31,449,000 32,485,000 
        non-current restricted cash
      		2,725,000 429,000 377,000 375,000 375,000 374,000 452,000 443,000 423,000 409,000 408,000 407,000 407,000    328,000    567,000 
        property, plant and equipment
      		371,490,000 315,697,000 294,638,000 259,678,000 252,288,000 249,845,000 244,367,000 231,373,000 214,289,000 205,528,000 194,846,000 183,800,000  173,968,000 176,077,000 178,263,000  179,307,000 184,226,000 182,309,000  
        goodwill and intangible assets
      		19,337,000 19,873,000 20,147,000 17,881,000 18,113,000 18,460,000 17,932,000 18,178,000 18,421,000 15,026,000 15,269,000 15,512,000 15,755,000 15,897,000 13,660,000 13,898,000 14,113,000 15,033,000 13,411,000 13,742,000 14,033,000 
        deferred tax assets
      		5,930,000 1,541,000  1,605,000 1,272,000 33,000 1,908,000 1,827,000 2,076,000 2,166,000 3,865,000 16,985,000 3,952,000 4,568,000 6,779,000 10,806,000 10,570,000 13,697,000 10,560,000 13,756,000 14,822,000 
        operating lease right-of-use assets
      		8,226,000 6,024,000 6,628,000 7,095,000 7,064,000 4,054,000 4,165,000 4,275,000 4,313,000 4,420,000 4,528,000 4,635,000 4,742,000 124,000 203,000 231,000 305,000 378,000 450,000 515,000 586,000 
        finance lease right-of-use assets
      		20,000 56,000 74,000 93,000 110,000 129,000 147,000 17,000 36,000 44,000 62,000 80,000 96,000 113,000 139,000       
        equity method investment
      		3,774,000                     
        other assets
      		20,587,000 17,516,000 15,805,000 15,166,000 12,271,000 11,600,000 11,181,000 11,229,000 9,897,000 9,646,000 8,150,000 5,703,000 5,614,000 5,971,000 5,561,000 5,121,000 5,104,000 4,254,000 4,243,000 3,879,000 3,817,000 
        total assets
      		467,780,000 383,307,000 382,492,000 354,226,000 349,015,000 374,118,000 361,972,000 354,689,000 350,238,000 345,611,000 336,340,000 324,337,000 332,316,000 323,943,000 314,251,000 286,982,000 286,480,000 259,745,000 251,648,000 253,362,000 253,356,000 
        liabilities and stockholders' equity
      		                     
        current liabilities:
      		                     
        accounts payable
      		27,446,000 25,417,000 27,214,000 16,411,000 8,856,000 10,154,000 11,864,000 12,323,000 7,916,000 6,115,000 5,027,000 3,232,000 4,559,000 3,369,000 4,477,000 5,118,000 4,973,000 5,800,000 5,294,000 5,520,000 5,964,000 
        accrued liabilities
      		11,620,000 14,072,000 13,878,000 10,232,000 10,069,000 15,763,000 20,671,000 12,127,000 12,789,000 15,225,000 21,606,000 11,354,000 15,090,000 17,243,000 17,848,000 9,351,000 10,823,000 12,441,000 12,683,000 9,555,000 11,539,000 
        current portion of operating lease liability
      		2,899,000 2,498,000 2,464,000 2,378,000 2,049,000 457,000 452,000 447,000 420,000 416,000 414,000 411,000 410,000 84,000 156,000  296,000    282,000 
        current portion of finance lease liability
      		13,000 50,000 68,000 76,000 76,000 71,000 67,000 7,000 26,000 44,000 62,000 74,000 71,000 69,000 76,000       
        current portion of long-term debt
      		 11,860,000 11,857,000 11,857,000 11,853,000 10,868,000 9,874,000 8,878,000 7,886,000 7,884,000 7,880,000 7,876,000 7,870,000 7,854,000 7,834,000 7,828,000 7,815,000 9,633,000 9,584,000 9,536,000 9,492,000 
        total current liabilities
      		41,978,000 53,897,000 55,481,000 40,954,000 33,528,000 38,897,000 42,928,000 33,782,000 29,350,000 30,235,000 34,989,000 23,852,000 28,402,000 30,347,000 32,332,000 26,143,000 24,557,000 29,009,000 29,075,000 26,031,000 28,462,000 
        long-term debt, less current portion
      		149,494,000 54,868,000 57,834,000 40,796,000 43,763,000 46,719,000 49,685,000 52,651,000 55,614,000 57,586,000 59,560,000 61,533,000 63,505,000 65,485,000 67,465,000 69,427,000 71,392,000 49,023,000 51,449,000 53,863,000 56,268,000 
        non-current portion of operating lease liability
      		5,423,000 3,683,000 4,287,000 4,817,000 5,138,000 3,849,000 3,953,000 4,056,000 4,133,000 4,230,000 4,282,000 4,312,000 4,341,000 21,000 30,000  27,000    320,000 
        non-current portion of finance lease liability
      		8,000 8,000 8,000 19,000 36,000 58,000 79,000 9,000 10,000   6,000 25,000 42,000 61,000       
        asset retirement obligations
      		7,087,000 6,837,000 6,714,000 6,456,000 6,338,000 6,226,000 6,113,000 6,001,000 5,900,000 5,797,000 5,695,000 5,593,000          
        other liabilities
      		17,000 3,287,000 3,135,000 2,997,000 2,795,000 3,032,000 3,893,000 3,860,000 4,992,000 4,528,000 4,013,000 3,968,000 3,459,000 3,843,000 4,125,000 2,587,000 2,721,000 1,226,000 1,920,000 1,920,000 1,920,000 
        total liabilities
      		204,007,000 122,580,000 127,783,000 96,039,000 91,598,000 98,781,000 106,651,000 100,359,000 99,999,000 102,376,000 108,539,000 99,264,000 105,225,000 105,135,000 109,381,000 103,561,000 104,187,000 85,651,000 89,024,000 88,627,000 93,734,000 
        commitments and contingencies
      		                     
        stockholders’ equity
      		                     
        common stock, 0.01 par value...
      		1,431,000 1,430,000 1,430,000 1,426,000 1,426,000 1,425,000 1,422,000 1,420,000 1,420,000 1,416,000 1,416,000 1,416,000 1,416,000 1,410,000 1,410,000 1,410,000 1,410,000 1,410,000 1,410,000 1,410,000  
        treasury stock
      		-21,681,000 -21,616,000 -21,616,000 -21,262,000 -21,262,000 -12,882,000 -11,570,000 -11,173,000 -11,173,000 -11,051,000 -11,051,000 -11,051,000 -11,051,000 -10,904,000 -10,904,000 -10,904,000 -10,813,000 -10,813,000 -10,813,000 -10,813,000  
        additional paid-in capital
      		226,922,000 226,311,000 225,498,000 223,139,000 221,905,000 222,994,000 218,717,000 216,619,000 214,378,000 212,055,000 209,555,000 207,830,000 206,060,000 203,606,000 200,855,000 198,558,000 196,224,000 193,518,000 190,944,000 188,403,000  
        retained earnings
      		57,101,000 54,602,000 49,397,000 54,884,000 55,348,000 63,800,000 46,752,000 47,464,000 45,614,000 40,815,000 27,881,000 26,878,000 30,666,000 24,696,000 13,509,000       
        total stockholders' equity
      		263,773,000 260,727,000 254,709,000 258,187,000 257,417,000 275,337,000 255,321,000 254,330,000 250,239,000 243,235,000 227,801,000 225,073,000          
        total liabilities and stockholders' equity
      		467,780,000 383,307,000 382,492,000 354,226,000 349,015,000 374,118,000 361,972,000 354,689,000 350,238,000 345,611,000 336,340,000 324,337,000          
        non-current portion of derivative instruments
      		 35,000 72,000 154,000 298,000 179,000 515,000 580,000 470,000 984,000 930,000 584,000 936,000    189,000 408,000 579,000 781,000 1,075,000 
        investments
      		 4,167,000 2,150,000                   
        related party payable
      		    625,000                 
        deferred tax liabilities
      		  324,000                   
        related party receivable
      		     10,168,000 10,158,000 10,148,000  10,128,000 10,117,000 9,008,000 9,000,000 8,940,000 8,940,000 8,940,000 8,940,000 7,140,000 7,140,000 7,140,000  
        income tax payable
      		     1,584,000   313,000 551,000  905,000 402,000 288,000 134,000       
        prepaid expenses and other current assets
      		     4,576,000 5,598,000 2,801,000 2,819,000 4,841,000 5,833,000 2,440,000 2,590,000 4,110,000 5,558,000 3,655,000 2,846,000 3,045,000 4,571,000 1,901,000 6,044,000 
        assets
      		                     
        assets held for sale
      		                777,000     
        property, plant & equipment
      		            175,946,000    180,893,000    187,046,000 
        liabilities and stockholders’ equity
      		                     
        asset retirement obligation
      		            5,493,000 5,397,000 5,368,000 5,379,000 5,301,000 5,883,000 5,824,000 5,783,000 5,689,000 
        total stockholders’ equity
      		            227,091,000 218,808,000 204,870,000 183,421,000      
        total liabilities and stockholders’ equity
      		            332,316,000 323,943,000 314,251,000 286,982,000      
        current portion of derivative instrument
      		             718,000 277,000       
        restricted cash—non-current
      		             407,000 328,000       
        non-current portion of derivative instrument
      		             1,244,000 536,000       
        restricted cash - non-current
      		               328,000  573,000 573,000 572,000  
        non-current portion of derivative asset
      		               368,000      
        current portion of lease liability
      		               225,000  294,000 292,000 284,000  
        current portion of derivative liability
      		               3,621,000      
        non-current portion of lease liability
      		               25,000  102,000 177,000 249,000  
        non-current portion of derivative liability
      		                     
        retained deficit
      		               -5,643,000 -4,528,000 -10,021,000 -18,917,000 -14,265,000  
        liabilities and stockholders’ and member’s equity
      		                     
        member’s equity
      		                    159,622,000 
        total stockholders’ and member’s equity
      		                182,293,000     
        total liabilities and stockholders’ and member’s equity
      		                286,480,000     
        restricted cash - current
      		                 118,000    
        liabilities and stockholders’ and members’ equity
      		                     
        stockholders’ and members’ equity
      		                     
        members’ equity
      		                     
        total stockholders’ and members’ equity
      		                 174,094,000 162,624,000 164,735,000  
        total liabilities and stockholders’ and members’ equity
      		                 259,745,000 251,648,000 253,362,000  
        income taxes payable
      		                  265,000 75,000  
        liabilities and member’s equity
      		                     
        total liabilities and member’s equity
      		                    253,356,000 
        total operating revenues
      		                    100,383,000 
        operating expenses:
      		                     
        operating and maintenance expenses
      		                    43,463,000 
        general and administrative expenses
      		                    16,594,000 
        royalties, transportation, gathering and production fuel
      		                    18,284,000 
        depreciation and amortization
      		                    22,117,000 
        gain on insurance proceeds
      		                    -3,934,000 
        impairment loss
      		                    278,000 
        transaction costs
      		                     
        total operating expenses
      		                    96,802,000 
        operating profit
      		                    3,581,000 
        other incomes
      		                     
        interest expense
      		                    4,339,000 
        net income (gain) on sale of assets
      		                    320,000 
        other income
      		                    315,000 
        total other incomes
      		                    4,974,000 
        income before income taxes
      		                    -1,393,000 
        income tax benefit
      		                    -5,996,000 
        net income
      		                    4,603,000 
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2026-03-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 
                            
          cash flows from operating activities:
        		                    
          net income
        		5,000 5,205,000 -5,487,000 -464,000 -8,452,000 17,048,000 -712,000 1,850,000 4,799,000 12,934,000   5,970,000 11,187,000    8,896,000 -4,652,000 -14,265,000 
          adjustments to reconcile net income to net cash from operating activities:
        		                    
          depreciation, depletion and amortization
        		8,373,000 8,341,000 7,029,000 6,264,000 6,210,000 6,048,000 5,823,000 5,434,000 5,366,000 5,345,000 5,251,000 5,196,000  5,167,000 5,133,000 5,153,000 5,807,000 5,666,000 5,659,000 5,737,000 
          benefit for deferred income taxes
        		-380,000           -13,033,000         
          loss on extinguishment of debt
        		944,000                    
          stock-based compensation
        		635,000 815,000 2,365,000 1,274,000 1,343,000 4,277,000 2,098,000 2,241,000 2,323,000 2,500,000 1,725,000 1,770,000 2,454,000 2,751,000 2,297,000 2,334,000 2,706,000 2,574,000 2,541,000 14,598,000 
          derivative mark-to-market adjustments and settlements
        		220,000 107,000 127,000 214,000 -162,000 674,000 65,000 -91,000 720,000 -41,000 -515,000 396,000 -1,293,000 -1,515,000    -287,000   
          net loss on sale or disposal of assets
        		-13,000                    
          decrease in earn-out liability
        		   -425,000                 
          accretion of asset retirement obligations
        		127,000 123,000 121,000 118,000 112,000 113,000 112,000 108,000 103,000 102,000 102,000 100,000 122,000 47,000 29,000 98,000 -464,000 89,000 77,000 138,000 
          amortization of debt issuance costs
        		142,000 99,000 98,000 97,000 90,000 90,000 90,000 90,000 91,000 92,000 91,000 93,000 98,000 102,000 104,000 108,000 88,000 124,000 134,000 137,000 
          impairment loss
        		443,000 48,000 377,000 2,047,000 354,000 533,000 171,000 528,000 125,000 51,000 275,000 451,000 2,459,000 2,273,000 69,000 51,000 565,000 0 0 626,000 
          non-cash expense - rins from equity method investment
        		3,370,000                    
          income from equity method investment
        		-3,320,000                    
          cash provided (used) by changes in assets and labilities:
        		                    
          accounts receivable
        		3,941,000 1,525,000 948,000 -319,000                 
          royalty offset long term receivable
        		-2,132,000 -1,463,000 -1,906,000 -739,000                 
          income tax receivable
        		80,000                    
          critical spare inventory
        		-131,000 -319,000 -815,000 -215,000                 
          accounts payable and accrued liabilities
        		3,916,000 -881,000 5,034,000 2,213,000                 
          other
        		-374,000 -28,000 -114,000 -304,000                 
          net cash from operating activities
        		15,846,000 12,651,000 8,206,000 9,140,000 724,000 28,586,000 193,000 14,292,000 21,466,000 13,510,000 17,915,000 -11,838,000 21,257,000 33,037,000 17,175,000 9,597,000 21,581,000 10,053,000 3,476,000 7,769,000 
          cash flows from investing activities:
        		                    
          capital expenditures
        		-30,867,000 -29,808,000 -33,666,000 -11,632,000 -8,989,000 -12,570,000 -18,778,000 -21,986,000 -17,685,000 -15,818,000 -16,310,000 -13,278,000 -9,527,000 -7,602,000 -2,770,000 -2,378,000 -2,284,000 -3,233,000 -3,134,000 -1,335,000 
          free cash flows
        		-15,021,000 -17,157,000 -25,460,000 -2,492,000 -8,265,000 16,016,000 -18,585,000 -7,694,000 3,781,000 -2,308,000 1,605,000 -25,116,000 11,730,000 25,435,000 14,405,000 7,219,000 19,297,000 6,820,000 342,000 6,434,000 
          proceeds from sale of assets
        		33,000            0 0 0 1,088,000 -1,000 66,000   
          net cash from investing activities
        		-30,834,000 -31,773,000 -35,814,000 -11,632,000 -8,062,000 -12,574,000 -18,769,000 -22,786,000 -17,683,000 -15,817,000 -16,309,000 -13,278,000 -9,524,000 -7,523,000 -2,770,000 -977,000 -8,060,000 -2,893,000 -7,268,000 -1,253,000 
          cash flows from financing activities:
        		                    
          repayments of long-term debt
        		-44,000,000  -3,000,000 -3,000,000 -2,000,000 -2,000,000 -2,000,000 -2,000,000 -2,000,000 -2,000,000 -2,000,000 -2,000,000 -2,000,000 -2,000,000 -2,000,000 -2,000,000 -59,198,000 -2,500,000 -2,500,000 -2,500,000 
          borrowings of long-term debt
        		155,000,000                    
          repayments of revolver
        		-105,000,000                    
          borrowings of revolver
        		20,000,000                    
          debt extinguishment costs
        		-944,000                    
          debt issuance costs
        		-5,560,000                    
          finance lease payments
        		-18,000 -17,000 -18,000 -18,000 -17,000 -19,000 -12,000 -20,000 -20,000 -18,000 -18,000 -18,000 -32,000 -11,000       
          net cash provided (used) in financing activities
        		19,478,000 -3,193,000                   
          net increase in cash and cash equivalents and restricted cash
        		4,490,000        507,000 -4,325,000 -412,000 -27,134,000 9,560,000 23,503,000 12,401,000 6,529,000  4,660,000 -6,292,000 1,656,000 
          cash and cash equivalents and restricted cash at beginning of period
        		24,190,000 0 0 46,004,000 0 0 0 74,242,000 0 0 0 105,606,000  0 0 53,612,000  0 0 21,559,000 
          cash and cash equivalents and restricted cash at end of period
        		28,680,000 -22,315,000 -10,976,000 40,494,000 -9,425,000 12,684,000 -20,983,000 63,728,000 507,000 -4,325,000 -412,000 78,472,000  23,503,000 12,401,000 60,141,000  4,660,000 -6,292,000 23,215,000 
          reconciliation of cash, cash equivalents, and restricted cash at end of period:
        		                    
          cash and cash equivalents
        		25,947,000 -22,367,000 -10,978,000 40,111,000 -9,352,000 12,688,000 -20,992,000 63,277,000 507,000 -4,326,000 -413,000 78,043,000 9,558,000 23,424,000 12,401,000 59,794,000 32,374,000 4,542,000 -6,293,000 22,643,000 
          restricted cash and cash equivalents - current
        		8,000 0 0 8,000 -74,000 74,000 0 8,000 -14,000 0 0 22,000  0 0 19,000     
          restricted cash and cash equivalents - non-current
        		2,725,000 52,000 2,000 375,000 1,000 -78,000 9,000 443,000 14,000 1,000 1,000 407,000  79,000 0 328,000  0 1,000 572,000 
          reconciliation of cash, cash equivalents, and restricted cash at end of period: - sum
        		28,680,000 -22,315,000 -10,976,000 40,494,000      -4,325,000 -412,000 78,472,000  23,503,000 12,401,000 60,141,000  4,660,000 -6,292,000 23,215,000 
          provision for deferred income taxes
        		 -1,865,000 1,929,000 -333,000 -1,240,000 1,876,000 -81,000 249,000 90,000 1,699,000   616,000 2,211,000 4,027,000 -236,000 3,128,000 -3,138,000 3,196,000 1,066,000 
          net loss on sale of assets
        		 0 21,000 15,000  1,000 49,000 22,000 57,000 0 0 37,000 17,000 43,000    800,000   
          increase in earn-out liability
        		 274,000   41,000 -1,279,000 384,000 -849,000 307,000 609,000 136,000 214,000         
          liabilities associated with properties sold
        		    0 0 0 -225,000             
          changes in operating assets and liabilities:
        		                    
          prepaid insurance and expenses
        		 746,000                   
          asset acquisition
        		    0 0 0 -820,000          0   
          capital contributions to equity method investments
        		 -2,017,000                   
          cash collateral deposits
        		 52,000   -73,000 -4,000 9,000 20,000 0 1,000   3,000    -338,000    
          repayments of long term debt
        		                    
          borrowings on revolver
        		                    
          repayments on revolver
        		                    
          contingent consideration payment
        		                    
          common stock issuance
        		 0   1,000 3,000               
          treasury stock purchase
        		 0   -71,000 -1,312,000       -147,000 0 0 -91,000 0 0 0 -10,813,000 
          net decrease in cash and cash equivalents and restricted cash
        		 -22,315,000 -10,976,000 -5,510,000 -9,425,000 12,684,000 -20,983,000 -10,514,000             
          income tax payables
        		  -303,000 -303,000                 
          borrowings on long term debt
        		                    
          net cash from financing activities
        		   -3,018,000 -2,087,000 -3,328,000 -2,407,000 -2,020,000 -3,276,000 -2,018,000 -2,018,000 -2,018,000 -2,173,000 -2,011,000 -2,004,000 -2,091,000 18,509,000 -2,500,000 -2,500,000 -4,860,000 
          gain on property insurance proceeds
        		            0 0 0 -313,000 -94,000 -156,000 0 -82,000 
          proceeds from insurance recovery
        		            0 0 0 313,000 94,000 156,000 0 82,000 
          related party receivable
        		                    
          accounts and other receivables and other current assets
        		     3,937,000 -15,573,000 1,639,000 8,303,000 -4,877,000 -14,279,000 1,033,000 2,198,000 12,737,000 -20,938,000 2,949,000 5,750,000 -3,719,000 -6,187,000 2,634,000 
          accounts payable and other accrued expenses
        		     -4,732,000 7,767,000 3,296,000 -818,000 -4,904,000 11,006,000 -4,307,000 3,369,000 -1,685,000 8,158,000 -1,554,000 -2,637,000 -102,000 2,992,000 -2,402,000 
          supplemental cash flow information:
        		                    
          cash paid for interest
        		     1,529,000 1,129,000 1,237,000 1,290,000 1,253,000           
          cash paid for income taxes
        		     0 833,000 574,000 881,000 169,000           
          accrual for purchase of property, plant and equipment included in accounts payable and accrued liabilities
        		     -769,000 205,000 7,492,000 2,876,000 -3,970,000           
          asset acquisitions
        		                    
          net loss
        		           -3,788,000    -1,115,000     
          adjustments to reconcile net loss to net cash from operating activities:
        		                    
          depreciation and amortization
        		                    
          related party receivables
        		                    
          cash flows from investing activities
        		                    
          cash and cash equivalents and restricted cash at beginning of year
        		                    
          cash and cash equivalents and restricted cash at end of year
        		                    
          reconciliation of cash, cash equivalents, and restricted cash at end of year:
        		                    
          restricted cash and cash equivalents-current
        		                    
          restricted cash and cash equivalents-non-current
        		                    
          reconciliation of cash, cash equivalents, and restricted cash at end of year: - sum
        		                    
          cash paid (refunded) for income taxes
        		                    
          earn out increase
        		             -281,000       
          proceeds from initial public offering
        		                0 0 0 15,593,000 
          loan to montauk holdings limited
        		                 0 0 -7,140,000 
          derivative mark-to-market and settlements
        		               2,415,000    -418,000 
          net gain on sale of assets
        		               -293,000     
          net (loss) income
        		                    
          net (gain) loss on sale of assets
        		                    
          loss on earn-out liability increase
        		                    
          equity (income) of nonconsolidated investments
        		                    
          proceeds from sale of equity method investments
        		                    
          class b shareholder repurchase
        		                    
          net increase or decrease in cash and cash equivalents and restricted cash
        		                    
          gain on pico earn-out liability reduction
        		                    
          non-cash asset held for sale transfer
        		                    
          inventory obsolescence
        		                    
          equity loss of nonconsolidated investments
        		                    
          distributions from equity method investment
        		                    
          acquisitions, net of cash received
        		                    
          dividends
        		                    
          capital expenditures financed by accounts payable
        		                    
          change in asset retirement obligation estimate