Montauk Renewables Inc. (NASDAQ:MNTK) Q1 2022 Earnings Conference Call May 10, 2022 2:30 PM ET

Company Participants

John Ciroli - Vice President, General Counsel and Secretary

Sean McClain - President and Chief Executive Officer

Kevin Van Asdalan - Chief Financial Officer

Conference Call Participants

Matthew Blair - TPH

Craig Shere - Tuohy Brothers

Operator

Good afternoon, everyone, and thank you for participating in today's conference call.

I'd like to turn the call over to Mr. John Ciroli as he provides some important cautions regarding forward-looking statements contained in the earnings material or made on this call.

John, please proceed.

John Ciroli

Thank you, and good afternoon, everyone. Welcome to Montauk Renewables Earnings Conference Call to review First Quarter 2022 Financial and Operating Results and Business Developments.

I'm John Ciroli, Vice President, General Counsel and Secretary at Montauk. Joining me today are Sean McClain, Montauk's President and Chief Executive Officer, to discuss business developments; and Kevin Van Asdalan, Chief Financial Officer, to discuss our first quarter 2022 financial and operating results. During this call, certain statements will be made, which will be forward-looking and based on management's beliefs and assumptions and information currently available to management at this time, including without limitation, statements relating to the company's future results of operations and financial condition as well as our expectations and plans for the company, such as with our Montauk Ag Renewables project in North Carolina, the Pico improvement project and Pico CI score and market volatility and fluctuations in commodity prices, the market prices of environmental attributes and future environmental attribute commitments.

These statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control, including those set forth in our safe harbor provision for forward-looking statements that can be found in our first quarter 2022 earnings press release, in our Form 10-Q for the first quarter of 2022, in our most recent annual report on Form 10-K and the other reports on file with the SEC, which provide further detail about the risks associated with our business. Additionally, please note that the company's actual results may differ materially from those anticipated. And except as required by law, we undertake no obligation to update any forward-looking statements.

Our remarks today may also include non-GAAP financial measures. These non-GAAP financial measures are not prepared in accordance with generally accepted accounting principles. Additional details regarding these non-GAAP financial measures, including reconciliations to the most directly comparable GAAP financial measures can be found in our slide presentation in our first quarter 2022 earnings press release and Form 10-Q issued and filed this morning. Those are available on our website at ir.montaukrenewables.com. [Operator Instructions].