Archaea Energy (LFG) Misses Q2 EPS by 27c

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Archaea Energy Inc. Reports Second Quarter and First Half 2022 Results and Provides 2022 Guidance Update

August 16, 2022 7:00 AM EDT

Increasing Full Year 2022 Adjusted EBITDA Guidance

HOUSTON--(BUSINESS WIRE)-- Archaea Energy Inc. (Archaea, the Company, or we) (NYSE: LFG), an industry-leading renewable natural gas (RNG) company, today announced financial and operating results for the second quarter and first half of 2022.

FINANCIAL HIGHLIGHTS

Revenue of $77.2 million and net equity investment income of $2.7 million for the three months ended June 30, 2022 and revenue of $134.1 million and net equity investment income of $4.1 million for the six months ended June 30, 2022. Net income1 of $32.6 million for the three months... More