---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-072631"
form_type: "8-K"
ticker: "MNTK"
cik: "0001826600"
company_name: "Montauk Renewables, Inc."
filed_at: "2023-03-16T23:59:59+00:00"
generated_at: "2026-06-18T00:55:40.634382+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Montauk Renewables FY2022 revenue $205.6M (+38.8%), net income $35.2M (+877%)

## Summary
- Adjusted EBITDA $70.5M, +152.4% YoY; RNG production 5.5M MMBtu (-2.9%).
- Revenue driven by higher realized RIN pricing ($3.25 vs $1.91) and natural gas index ($6.64 vs $3.84).
- FY2023 guidance: RNG revenue $137-145M, production 5.7-6.1M MMBtu; electricity revenue $18-19M.
- Pico feedstock amendment payments of $2.5M in 2022; digestion expansion expected Q3 2023.
- Second RNG facility at Apex expected operational in 2024; Raeger facility upgrade ongoing.

## SEC filing metadata
- accession: 0001193125-23-072631
- form_type: 8-K
- ticker: MNTK
- cik: 0001826600
- company_name: Montauk Renewables, Inc.
- filed_at: 2023-03-16T23:59:59+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/1826600/000119312523072631/0001193125-23-072631-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826600/000119312523072631/d486659d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-072631
- JSON: https://secwatch.observer/filing/0001193125-23-072631.json
- Plain text: https://secwatch.observer/filing/0001193125-23-072631.txt

## Key facts
- Earnings Releases
  Montauk Renewables, Inc. reported the year ended December 31, 2022 results: revenue $205.6 million, net income $35.2 million.
  - Period: the year ended December 31, 2022
  - Revenue: $205.6 million
  - Net income: $35.2 million
  - Result: reported results
  source text: On March 16, 2023, Montauk Renewables, Inc. issued a press release announcing its financial results for the fiscal year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826600/000119312523072631/0001193125-23-072631-index.htm
- Earnings Releases
  Montauk Renewables, Inc. reported the year ended December 31, 2022 results: revenue $205.6 million, net income $35.2 million.
  - Period: the year ended December 31, 2022
  - Revenue: $205.6 million
  - Net income: $35.2 million
  - Result: reported results
  source text: Revenues of $205.6 million, increased 38.8% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826600/000119312523072631/0001193125-23-072631-index.htm
- Earnings Releases
  Montauk Renewables, Inc. updated its full year 2023 guidance (initiated).
  - Period: full year 2023
  - Guidance: initiated
  - Result: guidance update
  source text: RNG revenues expected to range between $137.0 and $145.0 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826600/000119312523072631/0001193125-23-072631-index.htm

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