Archaea Energy Inc. operates as a renewable natural gas (RNG) producers. The Company focuses on developing, constructing, and operating RNG facilities to capture waste emissions and convert them into low carbon fuel. Archaea Energy serves customers in the United States.
Company profile
Ticker
LFG
Exchange
Website
CEO
Nick Stork
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
Rice Acquisition Corp.
SEC CIK
Corporate docs
Subsidiaries
Rice Acquisition Holdings LLC ...
LFG stock data
Analyst ratings and price targets
Latest filings (excl ownership)
15-12G
Securities registration termination
9 Jan 23
EFFECT
Notice of effectiveness
5 Jan 23
S-8 POS
Registration of securities for employees (post-effective amendment)
28 Dec 22
POS AM
Prospectus update (post-effective amendment)
28 Dec 22
8-K
Termination of a Material Definitive Agreement
28 Dec 22
25-NSE
Exchange delisting
28 Dec 22
8-K
Submission of Matters to a Vote of Security Holders
13 Dec 22
DEFA14A
Additional proxy soliciting materials
7 Dec 22
8-K
Other Events
7 Dec 22
DEFM14A
Proxy related to merger
14 Nov 22
Latest ownership filings
SC 13D/A
Shalennial Fund I, L.P.
28 Dec 22
4
James P Torgerson
28 Dec 22
4
Scott Parkes
28 Dec 22
4
Change in insider ownership
28 Dec 22
4
Joseph Ian Malchow
28 Dec 22
4
Kathryn Jean Jackson
28 Dec 22
4
Kyle Derham
28 Dec 22
4
Daniel J. IV Rice
28 Dec 22
4
Chad Bellah
28 Dec 22
4
Edward P. Taibi
28 Dec 22
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | |
|---|---|---|---|
| Revenue | |||
| Cost of revenue | |||
| Operating income | |||
| Operating margin | |||
| Net income | |||
| Net profit margin | |||
| Cash on hand | |||
| Change in cash | |||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 318.69 mm | 318.69 mm | 318.69 mm | 318.69 mm | 318.69 mm | 318.69 mm |
| Cash burn (monthly) | (no burn) | (no burn) | 8.06 mm | 1.74 mm | 5.86 mm | (no burn) |
| Cash used (since last report) | n/a | n/a | 32.41 mm | 7.01 mm | 23.57 mm | n/a |
| Cash remaining | n/a | n/a | 286.28 mm | 311.68 mm | 295.13 mm | n/a |
| Runway (months of cash) | n/a | n/a | 35.5 | 178.9 | 50.4 | n/a |
Institutional ownership, Q3 2022
| 13F holders | Current |
|---|---|
| Total holders | 159 |
| Opened positions | 29 |
| Closed positions | 20 |
| Increased positions | 68 |
| Reduced positions | 33 |
| 13F shares | Current |
|---|---|
| Total value | 1.53 bn |
| Total shares | 83.84 mm |
| Total puts | 190.60 k |
| Total calls | 436.60 k |
| Total put/call ratio | 0.4 |
| Largest owners | Shares | Value |
|---|---|---|
| Archaea Energy | 12.50 mm | $250.00 mm |
| Vanguard | 7.41 mm | $133.44 mm |
| CIBC Private Wealth | 5.71 mm | $102.79 mm |
| MCQEF Macquarie | 5.25 mm | $94.93 mm |
| BLK Blackrock | 4.26 mm | $76.67 mm |
| Kensico Capital Management | 3.80 mm | $68.44 mm |
| Baupost | 2.93 mm | $51.24 mm |
| Grantham, Mayo, Van Otterloo & Co. | 2.13 mm | $38.39 mm |
| Goldman Sachs & Co | 2.04 mm | $38.55 mm |
| Citadel Advisors | 2.03 mm | $36.47 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 28 Dec 22 | Richard Walton | Class B Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 3,472,202 | 0.00 | 0 |
| 28 Dec 22 | Richard Walton | Class B Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 4,919,808 | 0.00 | 0 |
| 28 Dec 22 | Richard Walton | Class B Common Stock | Sale back to company | Dispose D | No | No | 0 | 261,114 | 0.00 | 0 |
| 28 Dec 22 | Richard Walton | Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 74,368 | 0.00 | 0 |
| 28 Dec 22 | Richard Walton | Class A Common Stock | Sale back to company | Dispose D | Yes | No | 26 | 50,000 | 1.30 mm | 0 |
| 28 Dec 22 | Richard Walton | Warrants Class A Common Stock | Sale back to company | Dispose D | No | No | 17.91 | 421,259 | 7.54 mm | 0 |
| 28 Dec 22 | Richard Walton | Class A Units of LFG Acquisition Holdings LLC Class A Common Stock | Sale back to company | Dispose D | Yes | No | 26 | 3,472,202 | 90.28 mm | 0 |
| 28 Dec 22 | Richard Walton | Class A Units of LFG Acquisition Holdings LLC Class A Common Stock | Sale back to company | Dispose D | Yes | No | 26 | 4,919,808 | 127.92 mm | 0 |
| 28 Dec 22 | Richard Walton | Class A Units of LFG Acquisition Holdings LLC Class A Common Stock | Sale back to company | Dispose D | No | No | 26 | 261,114 | 6.79 mm | 0 |
| 28 Dec 22 | Brian F McCarthy | Class B Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 1,639,936 | 0.00 | 0 |
Press releases
bp completes acquisition of Archaea Energy
28 Dec 22
Archaea Energy Inc. (LFG) Notice: Robbins LLP Reminds Investors of Investigation of the Acquisition of Archaea Energy Inc. by BP p.l.c (BP)
27 Dec 22
TortoiseEcofin Announces Constituent Changes Due to Corporate Action
27 Dec 22
NET Power to Combine with Rice Acquisition Corp. II to Accelerate Decarbonization of Natural Gas Power Generation
14 Dec 22
Archaea Energy Inc. (LFG) Investigation Alert: Robbins LLP is Investigating the Acquisition of Archaea Energy Inc. by BP p.l.c (BP) on Behalf of Shareholders
12 Dec 22