Montauk Renewables is trading at ZAc 2965, up +7.43%, as sector momentum follows rising oil prices amid renewed U.S.-Iran strikes and Strait of Hormuz disruption fears.
- Brent crude climbed nearly 1% on September 2, after gaining 4.6% on September 1.
- No credible company-specific announcement dated September 1 or September 2 explains the move; the catalyst appears primarily commodity- and geopolitical-driven.