Good afternoon, everyone, and thank you for participating in today's conference call. I would like to turn the call over to Mr. John Ciroli, as he provides some important cautions regarding forward-looking statements and non-GAAP financial measures contained in the earnings materials or made on this call. John, please go ahead. Thank you, and good afternoon, everyone. Welcome to Montauk Renewables Earnings Conference Call to review the first quarter 2024 financial and operating results and developments. I'm John Ciroli, Chief Legal Officer and Secretary at Montauk. Joining me today are Sean McClain, Montauk's President and Chief Executive Officer, to discuss business development, and Kevin Van Asdalan, Chief Financial Officer, to discuss our first quarter 2024 financial and operating results. At this time, I would like to direct your attention to our forward-looking disclosure statement. During this call, certain comments we make constitute forward-looking statements, and as such, involve a number of assumptions, risks and uncertainties that could cause the Company's actual results or future performance to differ materially from those expressed in or implied by such forward-looking statements. These risk factors and uncertainties are detailed in Montauk Renewables' SEC filings. Our remarks today may also include non-GAAP financial measures. We present EBITDA and adjusted EBITDA metrics because we believe measures assist investors in analyzing our performance across reporting periods on a consistent basis by excluding items that we do not believe are indicative of our core operating performance. 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 and in our first quarter 2024 earnings press release in Form 10-Q, issued and filed this afternoon, which are available on our website at ir.montaukrenewables.com. After our remarks, we will open the call to questions. We ask that you please keep to one question to accommodate as many questions as possible. With that, I will turn the call over to Sean. Thank you, John. Good day, everyone, and thank you for joining our call. To begin with development, my comments will be focused on updates regarding our Pico Dairy digestion capacity increase and our Turkey, North Carolina, Montauk Ag Renewables swine waste energy project, both of which were also discussed during our 2023 year-end call, a short 2 months ago. As we ended 2023, we had commissioned the first of our 2 new digesters in our new expanded reception pit at our Pico Dairy Cluster project. During the first quarter of 2024, we completed the commissioning of the second and final digester. With the digestion expansion project now fully commissioned, we expect a continued ramp-up in production through the second quarter of 2024. The Pico expansion project increased digestion capacity by approximately 60% to better match the unchanged processing capacity of the project's RNG facility. The new digestion capacity is expected to be fully utilized once the dairy provides our contractual third and final increase in feedstock volumes in 2025. In the first quarter of 2024, our RNG production at the Pico facility increased approximately 39% compared to the first quarter of 2023. I will now provide an update regarding our North Carolina swine waste energy development, Montauk Ag Renewables. We have substantially completed the engineering and are preparing to initiate the commissioning activities of our first reactor processing line at our Turkey, North Carolina, location. We expect commissioning to continue through the end of June 2024. Our development progress has positioned us to be able to enter into a full engineering, procurement, and construction contract related to the first phase full build-outs to satisfy our Duke REC agreements. We have also placed orders for various significant components, many of which have long lead times, related to the construction of the additional reactors. We expect this new EPC contract to assist us in meeting our rolling commissioning schedule through late 2025. To support the first phase rolling commissioning schedule and ultimately our Duke REC agreements, we continue to pursue feedstock agreements. During the first quarter of 2024, we have contracted with a farming group in our late-stage discussions with multiple others. We continue to thoughtfully bring partners under agreement, targeting approximately 120,000 hog spaces to ultimately satisfy our Duke REC agreement. A critical part of our development progress in North Carolina includes the continued optimization of our feedstock collection equipment and methodologies. Our collection process includes installing equipment on our feedstock supplier farms, which are under long-term agreements, as well as processes and equipment for processing waste through multiple phases of solids concentration on both the farm site as well as our centralized processing facility at Turkey, North Carolina. We continue to progress with an amendment to the New Renewable Energy Facility, the NREF designation, our project received late 2023, that can optimize the generation of RECs. We expect a decision on this amendment in 2024, which is a critical path item in the timing of the utility infrastructure design and other balance of plant componentry at our Turkey, North Carolina, facility. As discussed in our 2023 year-end results call in March 2024, we reached an agreement with one of our landfill hosts to exit our gas rights in advance of their expiration, impacting 1 of our smaller renewable electric generation operating facilities... The strategic decision to exit this facility was influenced by a mid-2024 expiration of an above-market power purchase agreement, the elimination of decommissioning, asset removal, or site restoration obligations, the agreed consideration of proceeds of $1 million being well in excess of the carrying value of the project, and the offer to extend our gas rights at 2 of our existing RNG operating facilities, Atascocita and Coastal Plains, for an additional 5 years each. Through the contractual effective date of this agreement, though it is October 1, 2024, in March 2024, we elected to cease operations at this facility as the electrical utility provider is performing upgrades, which would require us to invest additional capital. This decision is expected to have a positive effect on 2024 results due to a projected monthly loss on operations following the expiration of the project's power purchase agreement. Finally, I'd like to highlight and outline what we view to be the strong underlying fundamentals of Montauk, particularly in light of the share price volatility experienced during 2024. I will not, however, comment on the stock price or its trading volumes. Nearly all of Montauk's portfolio of 14 operating projects nationwide are hosted by large and growing host businesses. Our integrated relationship approach with these host businesses helps us strategically to continue to secure recurring renewals of our gas rights at these facilities. The company is winning new competitive project opportunities and is invited to participate in a diverse selection of new opportunities. We are focused on diversifying our comprehensive business model, including the feedstocks we process, the commodities we produce, the federal and state attributes we generate, the method by which we monetize our commodities and attributes, and the way in which we acquire our project feedstock requirements. We have a demonstrated history of successful project execution and remain intently focused on attractive growth opportunities. Specifically, we have announced a series of committed development projects that are expected to increase our production capacity by 6,900 MMBtu a day, 2.5 million MMBtu annually, and additional development projects that are expected to advance the benefit of our existing facilities through the monetization of biogenic carbon dioxide and further diversify our feedstock processing to include waste from industrialized swine agriculture. On an annual basis, we have been net income and operating cash flow positive since 2022. We maintain the financial discipline that provides us the opportunity to patiently enhance our profit from the sale of our RIN attributes by placing them directly with large RFS-obligated parties and synchronizing those transactions to the purchasing cadence of those large obligated parties. We ended the first quarter of 2024 with more than $60 million in cash on our balance sheet, an undrawn revolving credit facility with $117.5 million of availability, and a credit syndication to which we can approach the utilization of accordion finance options and which has separately project finance development. We remain fully integrated, operate and maintain examples of multiple commercially viable biomethane processing technologies, and continue to build upon 4 decades of experience in optimizing the collection and beneficial use of processing of feedstocks through nationwide variability of host business practices, climate impacts, and feedstock constituents. Montauk's focus has been and continues to be on maximizing long-term shareholder value. We continue to believe our development strategy best supports that focus. Lastly, regarding the RFS, the EPA has set the RVO at 1.09 billion D3 RINs for 2024, implying a monthly D3 generation run rate higher than what the industry has achieved to date through 2024. We also note that the EPA has announced that it will not use waiver authority for the 2024 RVO. We believe those factors can support strong 2024 price levels for RINs. And with that, I will turn the call over to Kevin. Thank you, Sean. I will be discussing our first quarter 2024 financial and operating results. Please refer to our earnings press release and the supplemental slides that have been posted to our website for additional information. Our profitability is highly dependent on the market price of environmental attributes, including the market price of RINs. As we self-market a significant portion of our RINs, a strategic decision not to commit to transfer available RINs during a period will impact our revenue and operating profit. We strategically determined not to transfer all available D3 RINs generated and available for transfer during the first quarter of 2024 based on our internal expectations related to the price of D3 RINs. As a result, we have approximately 3.4 million RINs remaining in inventory from 2024 first quarter gas production. We did sell approximately 3.9 million RINs, representing all RINs from our 2023 gas production. We have not entered into commitments to transfer RINs in inventory or RINs expected to be generated from forecasted future production. The average second quarter through the first few days of May, D3 RIN price was approximately $3.28. Total revenues in the first quarter of 2024 were $38.8 million, an increase of $19.6 million, or 102.5%, compared to $19.2 million in the first quarter of 2023. The primary driver for this increase relates to an increase of 4.9 million RINs sold in the first quarter of 2024 compared to the first quarter of 2023, due to our decision to not sell RINs in the first quarter of 2023, due to our belief that the first quarter of 2023 D3 RIN index volatility was temporary. Of the 7.9 million RINs sold in the first quarter of 2024, 4.0 million related to 2024 RNG production. Also contributing to the increase is an increase in realized RIN pricing during the first quarter of 2024 to $3.25, compared to $2.01 in the first quarter of 2023. Total general and administrative expenses were $9.4 million in the first quarter of 2024, flat compared to $9.5 million in the first quarter of 2023. Employee-related costs, including stock-based compensation, were $5.7 million in the first quarter of 2024, an increase of $0.7 million, or 14.6%, compared to $5.0 million in the first quarter of 2023. Our corporate insurance premiums increased approximately $0.2 million, or 12.2%, in the first quarter of 2024 compared to the first quarter of 2023. Our professional fees decreased approximately $1 million, or 48.7%, compared to the first quarter of 2023. Turning to our segment operating metrics, I'll begin by reviewing our renewable natural gas segment. We produced 1.4 million MMBtu of RNG during the first quarter of 2024, an increase of less than 0.1 million, or 4.4%, as compared to 1.4 million during the first quarter of 2023. Our Coastal facility produced 38,000 more MMBtu in the first quarter of 2024 compared to the first quarter of 2023, as a result of plant processing equipment improvements and wellfield operational enhancements. Our McCarty facility produced 24,000 more MMBtu in the first quarter of 2024 as compared to the first quarter of 2023, as a result of wellfield enhancements by our landfill host. Our Galveston facility produced 19,000 MMBtu more in the first quarter of 2024 compared to the first quarter of 2023, as a result of a temporary reduction in feedstock inlet during modifications to process equipment in the first quarter of 2023. Our Pico facility produced 9,000 MMBtu more in the first quarter of 2024 compared to the first quarter of 2023, as a result of commissioning our dairy digestion expansion project. Offsetting the improvements with our Rumpke facility, which produced 55,000 MMBtu less in the first quarter of 2024 compared to the first quarter of 2023, as a result of a process equipment failure that occurred during the first quarter of 2024. Revenues from the renewable natural gas segment during the first quarter of 2024 were $34.0 million, an increase of $19.2 million, or 129.9%, compared to $14.8 million during the first quarter of 2023. Average commodity pricing for natural gas for the first quarter of 2024 was 34.5% lower than the prior year period. During the first quarter of 2024, we self-marketed 7.9 million RINs, representing a 4.9 million increase, or 167.5%, compared to 2.9 million RINs self-marketed during the first quarter of 2023. Average pricing realized on RIN sales during the first quarter of 2024 was $3.25, as compared to $2.01 during the first quarter of 2023, an increase of 61.7%. This compares to the average D3 RIN index price for the first quarter of 2024 of $3.12, being approximately 53.7% higher than the average D3 RIN index price for the first quarter of 2023 of $2.03. On March 31, 2024, we had approximately 0.4 million MMBtus available for RIN generation and had approximately 3.4 million RINs generated and unsold. We had approximately 0.4 million MMBtus available for RIN generation and had approximately 8.3 million RINs generated and unsold at March 31, 2023. Our operating and maintenance expenses for our RNG facilities during the first quarter of 2024 were $12.1 million, an increase of $0.8 million, or 7%, compared to $11.3 million during the first quarter of 2023. Our RNG facilities reported increased total segment utility expenses of approximately $0.1 million during the first quarter of 2024 as compared to the first quarter of 2023. Other RNG operating and maintenance expenses increased approximately $0.7 million during the first quarter of 2024 as compared to the first quarter of 2023, primarily as a result of timing related to annual facility preventative maintenance. We produced approximately 54,000 MWh in renewable electricity during the first quarter of 2024, an increase of approximately 8,000 MWh, or 17.4%, compared to 46,000 MWh during the first quarter of 2023. Our Security facility produced approximately 3,000 MWh more in the first quarter of 2024 compared to the first quarter of 2023, as a result of the completion of prior period engine maintenance. Our Bowerman facility produced approximately 3,000 MWh more in the first quarter of 2024 compared to the first quarter of 2023, primarily related to the timing of original equipment manufacturer preventative engine maintenance. Revenues from the renewable electricity facilities during the first quarter of 2024 were $4.8 million, an increase of $0.4 million, or 9.8%, compared to $4.4 million during the first quarter of 2023. The increase is primarily driven by the increase in volumes. Our renewable electricity generation operating and maintenance expenses during the first quarter of 2024 were $2.3 million, a decrease of $0.6 million, or 19.9%, compared to $2.9 million during the first quarter of 2023. Our Bowerman facility operating and maintenance expenses decreased approximately $0.3 million, which was primarily driven by the timing of annual OEM preventative maintenance expenses. Our Security facility operating and maintenance expenses decreased approximately $0.3 million, which was driven by the non-recurring reversal of our asset retirement obligation liability related to the sale of the site. During the first quarter of 2024, we recorded impairments of $0.5 million, an increase of less than $0.1 million, or 17.1%, compared to $0.5 million in the first quarter of 2023. The specifically identified impairment losses in the first quarter of 2024 primarily relate to the remaining book value of assets due to our decision to cease operations at the Security facility. We also impaired various RNG equipment that was deemed obsolete for current operations. The first quarter of 2023 impairment relates to specifically identified feedstock processing machine components at an RNG site that was not in operational use. We did not record any impairments related to our cash flow assessments. Operating income for the first quarter of 2024 was $2.4 million, an increase of $16.5 million or 116.7% compared to an operating loss of $14.2 million for the first quarter of 2023. RNG operating income for the first quarter of 2024 was $11.6 million, an increase of $15.9 million or 370.2% compared to an operating loss of $4.3 million for the first quarter of 2023. Renewable electricity generation operating income for the first quarter of 2024 was $0.4 million, an increase of $0.6 million compared to an operating loss of $0.2 million for the first quarter of 2023. Turning to the balance sheet, at March 31, 2024, $62.0 million was outstanding under our term loan. As of March 31, 2024, the company's capacity available for borrowing under the revolving credit facility remained at $117.5 million. During the first quarter of 2024, we generated $14.3 million of cash from operating activities, a 220.7% increase from the prior year fiscal quarter ended March 31, 2023, of cash used in operating activities of $11.8 million. Based on our estimate of the present value of our Pico earnout obligation, we recorded a decrease of $0.8 million to the liability at March 31, 2024. This decrease was recorded through our RNG segment royalty expense. In the first quarter of 2024, our capital expenditures were approximately $22.0 million, of which $12.0 million, $4.3 million, $1.7 million, $1.5 million, and $1.3 million were related to the ongoing development of Montauk Ag Renewables, our second Apex facility, the Blue Granite RNG project, our Bowerman RNG project, and the Pico digestion capacity increase, respectively. We also acquired approximately 42 acres of property in Turkey, North Carolina, which shares the property line of our existing property as we continue to strategically plan for the Montauk Ag Renewables development. As of March 31, 2024, we had cash and cash equivalents of approximately $63.3 million. Adjusted EBITDA for the first quarter of 2024 was $9.5 million, an increase of $17.9 million or 212.7% compared to adjusted EBITDA of a negative $8.4 million for the first quarter of 2023. EBITDA for the first quarter of 2024 was $8.9 million, an increase of $17.8 million compared to EBITDA of a negative $9.0 million for the first quarter of 2023. Net income for the first fiscal quarter of 2024 increased $5.6 million or 148.8% compared to net income for the first quarter of 2023. Our income tax expense increased approximately $12.5 million or 103.4% for the first quarter of 2024 as compared to the first quarter of 2023. The difference in effective tax rates between the 2024 first quarter and the 2023 first quarter primarily relate to the increase in pre-tax income for the first quarter of 2024 as compared to the first quarter of 2023. I'll now turn the call back over to Sean. Thank you, Kevin. In closing, and though we don't provide guidance as to our internal expectations on the market price of environmental attributes, including the market price of D3 RINs, we are reaffirming our full year 2024 outlook provided in March 2024. For 2024, we expect our RNG production volumes to range between 5.8-6.1 million MMBtu, with corresponding RNG revenues to range between $195 million-$215 million. We expect our 2024 renewable electricity production volumes to range between 190,000-200,000 MWh, with corresponding renewable electricity revenue to range between $18 million-$19 million. With that, we will pause for any questions. Thank you. As a reminder to ask a question, please press star one one on your telephone and wait for your name to be announced. To withdraw your question, please press star one one again. Please stand by while we compile the Q&A roster. One moment for our first question. Our first question comes from Paul Cheng from Scotiabank. Your line is now open. Hi, good afternoon. Thank you, gentlemen. Maybe this is for John. I understand that from time to time, you would make decision whether you want to sell all of the available RIN or not in the quarter. But from the outside, is there any indicator or we trying to understand the process, how you're going to come about making how much of the RIN you will decide to sell in a particular quarter? Is there any indicator from the outside that we should check, and based on that, we'll be able to have some kind of rule of thumb, we can guess that, what's that, volume may look like? Thanks, Paul. Good question. How we determine the volume of RINs that we sell is as closely as we can tie it to the cadence, the purchasing cadence of the obligated parties. So, rather than timing the market, and obviously, all sales subjected to as much analysis as we can place into publicly available information regarding the RFS, regarding waiver credits, regarding ... the possibility of any adjustments to the plan in general. We focus on the obligated parties as opposed to selling to any midstream intermediaries on a month-to-month or quarter-to-quarter basis. So invariably, it results in. It's an annual program, so it ends up being heavier weighted from the midpoint of the year to the back half of the year. Volumes are typically purchased more thinly, particularly in the first quarter. But that's about all the guidance I can really provide in terms of really what drives those decisions. We try to play very meaningfully into the RFS program, and the best way to do that is to get the RINs in the hands seamlessly into the obligated parties and have them retired as such. Thank you. One moment for our next question. Our next question comes from Saumya Jain from UBS. Your line is now open. Hi. Thanks, guys. I noticed last quarter you had mentioned that the second Apex RNG facility was supposed to get started in fourth quarter of 2024. So I guess, what caused you guys to push that back to 2025? Primarily, it was related around the timing of when we can get that site up and operational. And just, you know, from the fourth quarter, we noted that there were just some permits or components that were taking a longer to get on site and operational to be commissioned than we were anticipating. We still do believe to have that commissioned in the first quarter of 2025. But I do want to point out that it was a gas rights agreement trigger that was triggered, requiring this second facility to meet the capacity needs as the landfill host is bringing waste into the site. Even after we expect that site to be commissioned, we're anticipating some excess capacity as the landfill continues to bring in new waste to the site for us to be able to utilize that full capacity. But mainly, it was a combination of permitting and various other componentry related to the actual construction of that second facility that delayed us from commissioning into the first quarter of 2025. We don't anticipate that to materially impact our production volumes for 2024. Thank you. If you would like to ask a question, that is star one one. Again, if you would like to ask a question, that is star one one. One moment for our next question. Our next question comes from Matthew Blair with Tudor, Pickering, Holt & Co. Your line is now open. Thanks, and good afternoon. I was hoping you could share a little bit more about, I think it was a process equipment failure at Rumpke in the first quarter. Has that been fixed? And if not, when would you expect that to be fixed, and what kind of impact, you know, might that have had on Q1 and potentially into the Q2 production? Thanks, Matthew. Obviously, we're aware of the environmental collection matters that we had discussed in our fourth quarter at Rumpke as well. We're continuing to work through that. The unexpected process equipment failure was associated with efficiency at certain of our processing equipment, either in compression or some media that we identified as we were going through the facility in the first quarter. Of those two matters, substantively, both of them, we expect to be resolved in the second quarter. And as I noted, that was a drag on our first quarter result at Rumpke, pulling the overall production period-over-period down 55,000 or so, when compared back to the first quarter of 2023. But again, we expect to have those failures remediated during the second quarter of 2024. Thank you. One moment for a follow-up question. Our follow-up question comes from Paul Cheng from Scotiabank. Your line is now open. Hey, John, do you have any kind of guidance for the full year OpEx for the LNG and the LUG? We generally, Paul, leave our guidance expectations announcements to production and revenues. Historically, we haven't given guidance towards operating expenses for either segment or our GNA. So I'll leave our commentary at that level at this point. Thank you. One moment for our next question, or follow-up question. Our follow-up question comes from Matthew Blair, from Tudor, Pickering, Holt & Co. Your line is now open. Hi, thanks for taking my follow-up. So I think that roughly one-fourth of your current portfolio is on fixed offtake, you know, getting, like, a fixed price rather than selling into the transportation market and getting the D3 RIN. You mentioned that your growth projects, I think it was 1.25 million MMBtu in the hopper. So as you continue to grow, do you anticipate keeping that roughly, like, one-fourth fixed ratio, or do you think that you'll move more into the spot market? And then could you also talk about any sort of trends you're seeing on the fixed pricing? You know, are utilities paying a higher amount for RNG, given the strength of the D3 RIN market? Thanks. Sure, Matthew. For sure, we're continuing to evaluate how we are going to contract the volumes that are coming through our development pipeline as these things are coming online. We have a fairly robust RFP process, and we entertain, as we have previously, multiple forms of monetization. We're looking at fixed price opportunities, we're looking at those opportunities in the voluntary market. We have deployed in the past more margin share type agreements, where we take a base fixed price. If we don't want to lock a higher percentage of our portfolio and lose the opportunity that the RFS provides as you're selling those RINs directly to the obligated parties, you'll put a sharing mechanism in place beyond that fixed price floor as a component of upside. All of these things have been in play. We continue to look at opportunities in the European market, under the RED II directive for some of the volumes, and, we're continuing to expand what it is that we are monetizing to allow for that flexibility. So with our development in North Carolina and the ability to take those volumes initially for this first phase under a fixed price long-term agreement with Duke that will have power and the RECs, you are able to allow for, call it the financial patience that is required to make sure that these RINs can be sold, under existing structures that allows you to self-market and to do so directly to those obligated parties. And then just to tag on there, Matthew, through our RFP process, especially over the last handful of months, we've seen some movement in the voluntary market, and that's one of the tougher price points for us to nail down. But some movement, but still generally in that, call it $18, $20, $23 or so range, plus or minus, is what we continue to see. So if it was $18 or $20, call it six months ago, maybe we've seen some movement up to $20 or $22 within the last six months. But again, it's still basically been around that type of range. We haven't seen anything that is really driving a value from a call it +$3 RIN at this point. Thank you. One moment for our follow-up question. Our follow-up question comes from Paul Cheng from Scotiabank. Your line is now open. Hey, Kevin or Sean, do you have a guidance that to provide about the cadence of the Pico volume increase over the next several quarters until you reach the full capacity by 2025? I think your question is in regards to the deployment of our Montauk Ag Renewables facility. So we will have, right now, to complete the first phase, first phase defined as the Duke REC agreement. We will look to target the collection of waste from 120,000 hog spaces, and we will have seven reactor processing lines, the first of which is imminently starting commissioning and will be commissioning through the end of June. And then the cadence of those will be, I'd say fairly linear between that point all the way through late 2025. Thank you. I'm showing no further questions. I would now like to turn the call back over to Sean for closing remarks. Thank you. Thank you all for taking the time to join us on our conference call today. We look forward to speaking with you when we present our second quarter 2024 results. This concludes today's conference call. Thank you for participating. You may now disconnect. Thank you.