Montauk energy(MNTK) - 2024 Q1 - Quarterly Results

Total revenues in the first quarter of 2024 were $38.8 million, an increase of $19.6 million (102.5%) compared to $19.2 million in the first quarter of 2023. The increase is primarily related to an increase in self-monetized RINs in the first quarter of 2024 as a result of our strategic decision in the first quarter of 2023 to not self-market a significant amount of RINs from 2023 RNG production due to 2023 D3 RIN index price volatility. Additionally, an increase in realized RIN pricing of 61.7% during the ...