RGC Resources

RGC Resources, Inc. is a holding company, which engages in the distribution and sale of natural gas to residential, commercial, and industrial users in its service territory. The firm operates through the following segments: Gas Utility, Investment in Affiliates, and Parent and Other. The Gas Utility segment focuses on tariff rates and other regulatory mechanisms through which it provides for the sale and distribution of natural gas to customers. The Investment in Affiliates includes investment activities in MVP and Southgate projects. The Parent and Other segment consists of unregulated activities and corporate eliminations. The company was founded on July 31, 1998 and is headquartered in Roanoke, VA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

RGC Resources reports solid Q1 performance amidst challenges and opportunities

RGC Resources demonstrated strong operational performance and strategic foresight in Q1 2023, despite facing challenges such as customer count fluctuations and net income decline.
The company's focus on utility property investments, rate increases, and renewable energy projects underscores a commitment to sustainable growth and resilience in a dynamic market environment.
By addressing challenges, leveraging strengths, and capitalizing on opportunities, RGC Resources is poised to navigate industry complexities and drive value for stakeholders in the upcoming quarters.

RGC Resources reports increased income despite mild winter, eyes growth

RGC Resources demonstrates resilience in financial performance despite challenges, with a focus on safety and customer service. The company anticipates growth through increased gas usage and strategic initiatives.

RGC Resources reports income growth amidst customer expansion and challenges

RGC Resources demonstrated solid financial performance with income increases and customer growth.
While facing challenges in gas volumes and construction delays, the company maintains a focus on financial management.
Opportunities lie in revenue expansion through customer growth and strategic investments in infrastructure.

RGC Resources reports robust Q4 earnings, eyes growth opportunities

RGC Resources demonstrated strong financial performance in Q4 2023, driven by customer growth and strategic investments in infrastructure.
While facing challenges such as earnings moderation and subsidiary breakeven, the company is well-positioned for future growth.
Opportunities lie in upcoming capital spending, pipeline completion, and revenue generation from pipeline operations and tie-ins.

RGC Resources reports strong Q1 earnings amidst rate increase filing

RGC Resources demonstrated robust financial performance with income and customer growth.
While facing challenges from weather-related volume fluctuations, the company maintains a stable outlook.
Strategic opportunities lie in industrial utilization growth and pipeline project advancements.
Overall, RGC Resources shows resilience and potential for revenue expansion.

RGC Resources reports solid Q2 performance amidst regulatory advancements

RGC Resources demonstrated resilience with increased gas volumes and customer base growth, despite a slight decline in operating income.
Efficient cost management and strategic regulatory initiatives position the company for sustained financial performance and growth.
While facing challenges like margin pressures and weather-dependent operations, RGC Resources leverages opportunities in infrastructure expansion and debt refinancing for future success.

RGC Resources navigates challenges, eyes growth opportunities in Q3 2024

RGC Resources demonstrated growth in key areas but faced challenges with lower volumes and financial performance.
The company's strategic strengths lie in its expansion efforts, pipeline project, and focused financial planning.
Addressing challenges such as cost pressures and revenue declines will be crucial for future success.
Opportunities in revenue growth, pipeline expansion, and strategic planning pave the way for a promising future.

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ROANOKE, Va., July 29, 2021 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ: RGCO) will host its quarterly conference call and webcast to review the results of its fiscal third quarter on Monday, August 9, 2021 at 9:00 a.m. eastern time. Related presentation materials will be available before the call on the Company website on the Investor & Financial Information page at https://www.rgcresources.com/investor-financial-information/ .

RGC Resources, Inc. Schedules Third Quarter 2021 Earnings Call

RGC Resources Inc. (RGCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: RGC Resources Inc. (RGCO) Q3 Earnings Expected to Decline

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RGC Resources' (RGCO) CEO Paul Nester on Q2 2021 Results - Earnings Call Transcript

RGC Resources Inc. (RGCO) delivered earnings and revenue surprises of 0.00% and 22.84%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

RGC Resources Inc. (RGCO) Meets Q2 Earnings Estimates

ROANOKE, Va., May 05, 2021 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ: RGCO) will host its quarterly conference call and webcast to review the results of its fiscal second quarter on Friday, May 14, 2021 at 9:00 a.m. eastern time. Related presentation materials will be available before the call on the Company website on the Investor & Financial Information page at https://www.rgcresources.com/investor-financial-information/ .

RGC Resources, Inc. Schedules Second Quarter 2021 Earnings Call

Earnings Preview: RGC Resources Inc. (RGCO) Q2 Earnings Expected to Decline

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RGC Resources, Inc. (RGCO) CEO Paul Nester on Q1 2021 Results - Earnings Call Transcript

RGC Resources Inc. (RGCO) delivered earnings and revenue surprises of 16.00% and -7.06%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

RGC Resources Inc. (RGCO) Beats Q1 Earnings Estimates

Shares of RGC Resources (NASDAQ:RGCO) were unchanged after the company reported Q1 results. Quarterly Results Earnings per share were up 18.37% year over year to $0.58, which beat the estimate of $0.50.

RGC Resources: Q1 Earnings Insights

RGC Resources Inc. (RGCO) Earnings Expected to Grow: Should You Buy?

ROANOKE, Va., Feb. 03, 2021 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ: RGCO) will host its quarterly conference call and webcast to review the results of its fiscal first quarter on Friday, February 12, 2021 at 9:00 a.m. eastern time. Related presentation materials will be available before the call on the Company website on the Investor & Financial Information page at https://www.rgcresources.com/investor-financial-information/ .

RGC Resources, Inc. Schedules First Quarter 2021 Earnings Call

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RGC Resources, Inc. (RGCO) CEO Paul Nester on Q4 2020 Results - Earnings Call Transcript

ROANOKE, Va., Nov. 30, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on November 30, 2020, declared a quarterly dividend of $0.185 per share on the Company's common stock. The indicated annual dividend is $0.74 per share, a $0.04 or 5.7% per share increase over the prior annual level. The Company has now increased the annual dividend 17 consecutive years. Paul Nester, President and CEO of RGC Resources, Inc., stated, “The 5.7% increase reflects our solid financial performance, confidence in our business strategy and our continued commitment to deliver shareholder return.” The dividend will be paid on February 1, 2021 to shareholders of record on January 15, 2021. This is the Company's 307th consecutive quarterly cash dividend.

RGC Resources, Inc. Raises Annual Dividend to $0.74 Per Share

ROANOKE, Va., Nov. 18, 2020 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ: RGCO) will host its quarterly conference call and webcast to review the results of its fiscal fourth quarter and 2020 fiscal year on Friday, December 4, 2020 at 9:00 a.m. eastern time. Related presentation materials will be available before the call on the Company website on the Investor & Financial Information page at https://www.rgcresources.com/investor-financial-information/ . 

RGC Resources, Inc. Schedules Fourth Quarter 2020 Earnings Call

ROANOKE, Va., Nov. 16, 2020 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ: RGCO) announced consolidated Company earnings of $10,564,534 or $1.30 per share for the fiscal year ended September 30, 2020. This compares to earnings of $8,698,412 or $1.08 per share for the year ended September 30, 2019. CEO Paul Nester stated, “Our mission statement requires us to create value for shareholders, employees and the communities in which we serve through superior customer service and prudent investments. Despite unprecedented challenges and circumstances, we continue to achieve that mission in 2020. The increase in 2020 earnings is attributable to improved utility margins associated with our infrastructure replacement programs, implementation of new non-gas rates, customer growth, and the ongoing investment in the Mountain Valley Pipeline (MVP).” Nester further commented, “We are committed to safely and reliably serving our communities and we will continue to seek opportunities that increase shareholder value.” 

RGC Resources, Inc. Reports 2020 Earnings

RGC Resources (RGCO) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.

RGC Resources (RGCO) Jumps: Stock Rises 6.1%

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RGC Resources (RGCO) CEO Paul Nester on Q3 2020 Results - Earnings Call Transcript

ROANOKE, Va., July  31, 2020  (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ: RGCO) will host its quarterly conference call and webcast to review the results of its fiscal third quarter on Friday, August 7 at 9:00 a.m. eastern time. Related presentation materials will be available before the call on the Company website on the Investor & Financial Information page at https://www.rgcresources.com/investor-financial-information/.

RGC Resources, Inc. Schedules Third Quarter 2020 Earnings Call

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RGC Resources, Inc. (RGCO) CEO Paul Nester on Q2 2020 Results - Earnings Call Transcript

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