Financial Performance - Total operating revenues increased to $31674 thousand for the three months ended June 30, 2021, compared to $27908 thousand in 2020[5] - Net loss was $4652 thousand for the three months ended June 30, 2021, compared to a net loss of $1583 thousand in 2020[5] - Renewable Natural Gas (RNG) total revenues increased by $4203 thousand, or 180%, to $27581 thousand[9] - Renewable Electricity Generation (REG) total revenues decreased by $437 thousand, or 96%, to $4093 thousand[9] Operational Results - CY RNG production volumes decreased by 126 MMBtu, or 82%[9] - Total RINs available for sale decreased by 1623, or 141%[9] - RINs sold decreased by 3250, or 271%[9] - Average realized RIN price increased by $041, or 299%[9] Business Development - Extended Fixed-Price RNG agreement for 45 years, beginning July 1, 2021, covering 900K MMBtu annually[13] - Montauk plans to prioritize its collection of animal and agricultural waste from farms surrounding historically underserved, at-risk communities in North Carolina[16]
Montauk energy(MNTK) - 2021 Q2 - Earnings Call Presentation