---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-281244"
form_type: "8-K"
ticker: "MNTK"
cik: "0001826600"
company_name: "Montauk Renewables, Inc."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:51:36.983066+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Montauk Renewables Q3 revenue up 40.5% to $55.9M; net income up 25.7% to $11.2M

## Summary
- Revenue $55.9M (+40.5% YoY); Net income $11.2M (+25.7% YoY); Adjusted EBITDA $20.9M (+62.7% YoY).
- RNG production 1.4M MMBtu (-4.8% YoY) due to landfill patterns and contaminants; realized RIN price $3.49 vs $1.65.
- Board approved second production facility at Apex landfill, expected to increase RNG processing capacity ~40%, target commercial ops 2024.
- FY2022 outlook: RNG rev $196-216M, volumes 5.6-5.9M MMBtu; Renew Elec rev $17-18M, volumes 188-198k MWh.

## SEC filing metadata
- accession: 0001193125-22-281244
- form_type: 8-K
- ticker: MNTK
- cik: 0001826600
- company_name: Montauk Renewables, Inc.
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826600/000119312522281244/0001193125-22-281244-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826600/000119312522281244/d376776d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-281244
- JSON: https://secwatch.observer/filing/0001193125-22-281244.json
- Plain text: https://secwatch.observer/filing/0001193125-22-281244.txt

## Key facts
- Earnings Releases
  Montauk Renewables, Inc. reported the third quarter ended September 30, 2022 results: revenue $55.9 million, net income $11.2 million. Guidance reaffirmed.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $55.9 million
  - Net income: $11.2 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: of biogas into renewable natural gas (“RNG”), today announced financial results for the third quarter ended September 30, 2022. Third Quarter Financial Highlights: • Revenues of $55.9 million, increased 40.5% as compared to the third quarter of 2021 • Net Income of $11.2 million, increased 25.7% as compared to the third quarter of 2021 • Non-GAAP Adjusted EBITDA of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826600/000119312522281244/0001193125-22-281244-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.