Archaea Energy Inc. Announces Timing of Third Quarter 2022 Earnings Release

Rhea-AI Summary

Archaea Energy Inc. (NYSE: LFG) announced plans to release its third quarter 2022 financial results on November 10, 2022, after market close. The company will not hold a conference call due to its pending acquisition by bp, announced on October 17, 2022. As a major RNG producer in the U.S., Archaea focuses on developing, constructing, and operating facilities that convert waste emissions into low carbon fuel, leveraging technology to enhance efficiency and reduce costs. The firm aims to partner with landfill and farm owners to create renewable energy centers.

Positive

• Archaea is one of the largest RNG producers in the U.S.
• Plans to release Q3 2022 results, indicating regular financial reporting.
• Technology-driven approach potentially increases project efficiency and reduces costs.

Negative

• No conference call will be held, limiting direct communication with investors.
• Pending acquisition by bp may indicate strategic changes ahead.

HOUSTON--(BUSINESS WIRE)-- Archaea Energy Inc. (“Archaea”) (NYSE: LFG) announced today that it plans to issue its earnings release with respect to third quarter 2022 financial results on Thursday, November 10, 2022 after the market closes. In light of its pending acquisition by bp, as announced on October 17, 2022, Archaea will not host a conference call to discuss third quarter results.

ABOUT ARCHAEA

Archaea Energy Inc. is one of the largest RNG producers in the U.S., with an industry-leading platform and expertise in developing, constructing, and operating RNG facilities to capture waste emissions and convert them into low carbon fuel. Archaea’s innovative, technology-driven approach is backed by significant gas processing expertise, enabling Archaea to deliver RNG projects that are expected to have higher uptime and efficiency, faster project timelines, and lower development costs. Archaea partners with landfill and farm owners to help them transform potential sources of emissions into RNG, transforming their facilities into renewable energy centers. Archaea’s differentiated commercial strategy is focused on long-term contracts that provide commercial partners a reliable, non-intermittent, sustainable decarbonizing solution to displace fossil fuels.

Additional information is available at www.archaeaenergy.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221023005097/en/

ARCHAEA CONTACTS

Megan Light

mlight@archaea.energy

346-439-7589

Blake Schreiber

bschreiber@archaea.energy

346-440-1627

Source: Archaea Energy Inc.

FAQ

When will Archaea Energy release its Q3 2022 earnings?

Archaea Energy plans to release its Q3 2022 earnings on November 10, 2022, after market close.

Why is there no conference call for Archaea's Q3 results?

There will be no conference call due to Archaea's pending acquisition by bp.

What is Archaea Energy's focus in the renewable energy sector?

Archaea Energy focuses on developing and operating RNG facilities to convert waste emissions into low carbon fuel.

What was announced on October 17, 2022, regarding Archaea Energy?

On October 17, 2022, Archaea Energy announced its pending acquisition by bp.

What is RNG and how does Archaea Energy contribute to it?

RNG, or renewable natural gas, is produced from organic waste, and Archaea Energy specializes in capturing waste emissions to produce this low carbon fuel.