Kagamine Rin/Len

Montauk Renewables Announces Third Quarter 2023 Results

Retrieved on: 
Thursday, November 9, 2023
Webcast, EBITDA, Acquisition, Kagamine Rin/Len, Duke, Anomaly, British thermal unit, Public expenditure, Weather, RIN, GAAP, Natural gas, Adjustment, RNG, Table, Kilowatt-hour, Electricity, Primary energy, Rare-earth element, Video game, Bookkeeping, Magnolia

PITTSBURGH, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (“Montauk” or “the Company”) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas (“RNG”), today announced financial results for the third quarter ended September 30, 2023.

Key Points: 
  • PITTSBURGH, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (“Montauk” or “the Company”) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas (“RNG”), today announced financial results for the third quarter ended September 30, 2023.
  • Total revenues in the third quarter of 2023 were $55.7 million, a decrease of $0.2 million (0.4%) compared to $55.9 million in the third quarter of 2022.
  • Additionally, realized RIN prices decreased 12.6% to $3.05 in the third quarter of 2023 compared to $3.49 in the third quarter of 2022.
  • Our Bowerman facility produced approximately 3 thousand MWh less in the third quarter of 2023 compared to the third quarter of 2022 due to higher ambient temperatures in the third quarter of 2023.

Montauk Renewables Announces First Quarter 2023 Results

Retrieved on: 
Wednesday, May 10, 2023
Operating cost, Maintenance, Piedmont Natural Gas, Table, Electricity, RVO, Kagamine Rin/Len, British thermal unit, RIN, CARB, RNG, GAAP, McCarthy, LCFS, Primary energy, Kilowatt-hour, Public expenditure, EPA, Apex, EBITDA, Acquisition, Natural gas, D3, Webcast, Adjustment, Rare-earth element, Video game, Bookkeeping

PITTSBURGH, May 10, 2023 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (“Montauk” or “the Company”) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas (“RNG”), today announced financial results for the first quarter ended March 31, 2023.

Key Points: 
  • PITTSBURGH, May 10, 2023 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (“Montauk” or “the Company”) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas (“RNG”), today announced financial results for the first quarter ended March 31, 2023.
  • Our strategic decision to not self market a significant amount of RINs from 2023 RNG production due to our belief that first quarter of 2023 D3 RIN index volatility was temporary drove the decrease in total revenues in the first quarter of 2023.
  • Also, during the first quarter of 2023, through our Montauk Ag Renewables subsidiary, we signed a receipt interconnection agreement with Piedmont Natural Gas for the Turkey, NC location.
  • Total revenues in the first quarter of 2023 were $19.2 million, a decrease of $13.0 million (40.5%) compared to $32.2 million in the first quarter of 2022.

Archaea Energy Inc. Reports Results for the Three and Nine Months Ended September 30, 2022

Retrieved on: 
Thursday, November 10, 2022
Oil, Gas, Alternative Energy, Energy, Other Energy, Utilities, Carbon, Forward-looking statement, Common stock, Investment, Natural gas, Electricity, U.S. Securities and Exchange Commission, Local government, Weather, Risk, Plant, Kagamine Rin/Len, Securities Act of 1933, Efficiency, RNG, Failure, Mergers and acquisitions, Securities Exchange Act of 1934, Contract, Company, Security (finance), Energy Independence and Security Act of 2007, Ownership, Acquisition, LLC, Renewable energy, Bank, Cryptocurrency, Air cargo, Archaea

Electricity production sold for the nine months ended September 30, 2022 was also negatively impacted by winter seasonality in the first quarter.

Key Points: 
  • Electricity production sold for the nine months ended September 30, 2022 was also negatively impacted by winter seasonality in the first quarter.
  • Total cash used in investing activities was $366.3 million for the three months ended September 30, 2022.
  • Total cash used in investing activities was $499.9 million for the nine months ended September 30, 2022.
  • Three Months Ended September 30,
    Nine Months Ended September 30,

Blue Biofuels Reports Successful Volume Testing of its Cellulose-to-Sugar Process on Latest Reactor System

Retrieved on: 
Thursday, August 25, 2022
PALM, Technology, CTS, Kagamine Rin/Len, D3, Biofuel, Paper, Ethanol, BEACH, Sugar, GLOBE, Lignin, CO2, Company, Wood, Knowledge, Environmental protection, Private Securities Litigation Reform Act, Industry, OTCQB, Forward-looking statement, Resin, Income, Fine chemical, Renewable energy

Blue Biofuels has reached a significant milestone in the scaling of its proprietary Cellulose-to-Sugar (CTS) reactor system.

Key Points: 
  • Blue Biofuels has reached a significant milestone in the scaling of its proprietary Cellulose-to-Sugar (CTS) reactor system.
  • This processing rate represents an order of magnitude greater than the previous CTS reactor system and contains design features that ensure further scalability.
  • Komarek machine is a big step forward in the development of our process as it proves that our CTS reactor system works at higher throughputs.
  • Blue Biofuels Cellulose to Sugar (CTS) technology is an environmentally friendly, sustainable, and renewable green energy system.

Nodal Exchange Achieves Record Volume with 67% Growth in Power and 80% Growth in Environmental Markets in October

Retrieved on: 
Wednesday, November 3, 2021
Consulting, Energy, Environment, Professional Services, Utilities, Carbon, D5, Contract, REC, Risk management, D3, EPA, Kagamine Rin/Len, CFTC, Record, CEO, Growth, Exchange, Acquisition, Natural gas, Cryptocurrency, Renewable energy

In power, Nodal set a trading month record in October 2021 with 256 million MWh of power futures volume traded in the month.

Key Points: 
  • In power, Nodal set a trading month record in October 2021 with 256 million MWh of power futures volume traded in the month.
  • Nodal Exchange also posted new monthly volume and open interest records across the environmental markets suite.
  • Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management solutions to participants in the North American commodities markets.
  • Nodal Exchange is a leader in innovation, having introduced the worlds largest set of electric power locational (nodal) futures contracts and the worlds largest set of environmental contracts.

Murphy USA Inc. Announces Dividend Increase

Retrieved on: 
Wednesday, October 27, 2021
Retail, Energy, Convenience Store, Oil, Gas, Compliance, Common stock, Murphy, Annual report, Tobacco, Gasoline, Murphy USA, Adoption, Private Securities Litigation Reform Act, Weather, Share repurchase, NYSE, COVID-19, Kagamine Rin/Len, Smokeless tobacco, SEC, Risk, MUSA, QuickChek, Food, Flood, Company, Investment, Board, Board of directors, Form 10-K, Pacific typhoon season, News, Privacy, Acquisition, Earthquake, Legislation, Theft, Risk management

The Board of Directors of Murphy USA Inc. (NYSE: MUSA) today declared a quarterly cash dividend on the Common Stock of Murphy USA Inc. of $0.29 per share, or $1.16 per share on an annualized basis.

Key Points: 
  • The Board of Directors of Murphy USA Inc. (NYSE: MUSA) today declared a quarterly cash dividend on the Common Stock of Murphy USA Inc. of $0.29 per share, or $1.16 per share on an annualized basis.
  • As business conditions allow, our goal is to increase the cash allocation to dividend distributions by roughly 10% annually for at least the next five years.
  • Murphy USA (NYSE: MUSA) is a leading retailer of gasoline and convenience merchandise with more than 1,650 stations located primarily in the Southwest, Southeast, Midwest, and Northeast United States.
  • Murphy USA undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events, new information or future circumstances.