Montrose Environmental Group Inc Stock Price, News & Analysis

Montrose Environmental Group (NYSE:MEG) has secured a significant 5-year contract with one of the world's largest energy companies to manage environmental restoration across Western Canada. The project focuses on transitioning legacy oil and gas assets toward regulatory closure and environmental renewal, covering sites dating back to the 1950s.

The comprehensive initiative encompasses advanced site assessment, groundwater modeling, and reclamation work across multiple locations including aging gas fields, well sites, pipelines, and decommissioned sour gas facilities. Key objectives include removing hydrocarbon contamination, protecting native ecosystems, and supporting local economic growth through subcontractor engagement.

Montrose Environmental Group (NYSE:MEG) reported exceptional Q2 2025 results with significant growth across all metrics. Revenue increased 35.3% to $234.5 million, while net income improved to $18.4 million ($0.42 EPS) from a prior-year loss. The company demonstrated strong performance with Consolidated Adjusted EBITDA growing 69.8% to $39.6 million.

For H1 2025, MEG achieved 25.5% revenue growth to $412.4 million and improved its net loss position to $1.0 million. The company has increased its full-year 2025 guidance, now expecting revenue of $795-835 million and Consolidated Adjusted EBITDA of $111-117 million.

Notably, MEG completed the early redemption of $62.2 million of Series A-2 Preferred Stock, simplifying its capital structure. The company maintains strong liquidity with $242.8 million available and a leverage ratio of 2.5x as of June 30, 2025.

Montrose Environmental Group (NYSE:MEG) has announced its participation in the upcoming Needham 14th Annual Virtual Industrial Tech, Robotics & Clean Tech 1x1 Conference, scheduled for August 18-19, 2025. The company, which focuses on environmental protection and stewardship, will engage in discussions about their mission to protect air, water, and soil while promoting economic development.

Montrose Environmental Group (NYSE:MEG) has scheduled its second quarter 2025 earnings release and conference call. The company will release Q2 2025 results on Wednesday, August 6, 2025, after NYSE market close.

A conference call to discuss results and outlook will be held on Thursday, August 7, 2025, at 8:30 a.m. ET. Investors can access the call via webcast on the company website or by dialing (800) 715-9871 (North America) or +1 (646) 307-1963 (international) using Conference ID: 8690520. A replay will be available on the website for 30 days following the call.

Montrose Environmental Group (NYSE:MEG) has successfully helped secure nearly $17 million in EPA Brownfield Grants in 2025 to transform underutilized or contaminated properties into vibrant community spaces. The company's expertise has benefited over 50 communities across the United States, from Alaska to Florida.

Key projects include partnerships with the Northeastern Vermont Development Association (NVDA), which has received four consecutive EPA grants since 2017, Franklin County, Tennessee, and Tanaq Corporation in Alaska, where a $2 million grant will support infrastructure needs on St. George Island. The company's services include identifying candidate communities, guiding local leaders through grant processes, and facilitating community engagement.

Montrose Environmental Group (NYSE:MEG) has announced the full redemption of its Series A-2 Preferred Stock held by Oaktree Capital. The company utilized $62.2 million in cash and credit facility borrowings to redeem the preferred stock, along with $1.4 million in accrued dividends.

Following this redemption, Oaktree no longer maintains board appointment rights, and no Series A-2 Preferred shares remain outstanding. The redemption was completed almost a year ahead of Oaktree's next conversion date, demonstrating MEG's strong operating performance and commitment to minimizing stockholder dilution while maintaining growth investment flexibility.

Montrose Environmental Group (NYSE: MEG) has released its 2024 Sustainability Report, highlighting significant achievements in environmental protection and sustainable development. The company showcased major projects including PFAS removal in North Carolina protecting 70,000 residents, air monitoring at Phillips 66's Denver terminal, and sustainable mining practices in Australia. Key 2024 highlights include validation of science-based net-zero targets aiming for zero emissions by 2040, expansion through six strategic acquisitions, and strengthened R&D with six new patents (total 24) in PFAS destruction, vapor treatment, and waste-to-energy technologies, with 40 more patents pending. Under CEO Vijay Manthripragada's leadership, Montrose continues to combine scientific expertise with technological innovation to address complex environmental challenges while supporting economic development.

Montrose Environmental Group (NYSE: MEG) has announced its participation in the William Blair 45th Annual Growth Stock Conference in Chicago on June 4, 2025. The company, which focuses on environmental protection and stewardship, will deliver a presentation at 5:00 p.m. Eastern Time. The presentation materials will be made available on the company's investor relations website prior to the event. Investors can access a live audio webcast of the presentation through the Investors section at https://investors.montrose-env.com, with a replay available after the event.

Montrose Environmental Group (NYSE: MEG) reported strong Q1 2025 results with record-breaking performance. Revenue reached $177.8 million, up 14.5% year-over-year, while Consolidated Adjusted EBITDA grew to $19.0 million, a 12.5% increase. The company posted a net loss of $19.4 million ($0.64 per share). MEG increased its 2025 Adjusted EBITDA guidance to $103.0-110.0 million and reaffirmed revenue guidance of $735.0-785.0 million. Key announcements include an inaugural $40.0 million stock repurchase program and the redemption of $60.0 million of preferred equity. The company maintains strong liquidity of $294.2 million with a leverage ratio of 2.2x. Growth was driven by increased industrial activity, US state regulations, and the company's integrated business model.