RGC Resources, Inc., through its subsidiaries, operates as an energy services company. The company sells and distributes natural gas to residential, commercial, and industrial customers in Roanoke, Virginia, and the surrounding localities. It also provides various unregulated services. The company operates approximately 1,144 miles of transmission and distribution pipeline; and a liquefied natural gas storage facility, as well as owns and operates 9 metering stations. RGC Resources, Inc. was founded in 1883 and is based in Roanoke, Virginia.
IPO Year:
Exchange: NASDAQ
Website: rgcresources.com
ROANOKE, Va., April 29, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO) declared a quarterly dividend of $0.2075 per share on the Company's common stock. The dividend will be paid on August 1, 2025 to shareholders of record on July 18, 2025. This is the Company's 325th consecutive quarterly cash dividend. RGC Resources, Inc. provides energy and related products and services to customers in Virginia through its operating subsidiaries including Roanoke Gas Company and RGC Midstream, L.L.C. The statements in this release that are not historical facts constitute "forward-looking statements" made pursuant to the safe harbor provision of the Private Securit
ROANOKE, Va., April 24, 2025 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) will host its quarterly conference call and webcast to review the results of its fiscal second quarter 2025 on Thursday, May 8, 2025 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/. Interested parties may access the conference call by dialing toll-free 1-877-304-9269 and entering conference identification number 917621. An archive of the webcast will be available for one year at https://www.rgcresources.com/investor-financial-informat
ROANOKE, Va., March 28, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO) declared a quarterly dividend of $0.2075 per share on the Company's common stock. The dividend will be paid on May 1, 2025 to shareholders of record on April 17, 2025. This is the Company's 324th consecutive quarterly cash dividend. RGC Resources, Inc. provides energy and related products and services to customers in Virginia through its operating subsidiaries including Roanoke Gas Company and RGC Midstream, L.L.C. The statements in this release that are not historical facts constitute "forward-looking statements" made pursuant to the safe harbor provision of the Private
ROANOKE, Va., Feb. 10, 2025 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $5,269,689, or $0.51 per share, for the first quarter ended December 31, 2024, compared to $5,019,992, or $0.50 per share, for the fiscal quarter ended December 31, 2023. Higher utility margin reflected the new base rates that went into effect July 1, 2024 and was offset by lower equity earnings from unconsolidated affiliate and higher interest expense. Roanoke Gas continued investing in utility infrastructure to enhance system reliability and deliver gas to new customers, driving both higher margins and earnings. CEO Paul Nester stated, "Colder weather in Decem
ROANOKE, Va., Jan. 28, 2025 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) will host its quarterly conference call and webcast to review the results of its fiscal first quarter 2025 on Tuesday, February 11, 2025 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/. Interested parties may access the conference call by dialing toll-free 1-877-304-9269 and entering conference identification number 917621. An archive of the webcast will be available for one year at https://www.rgcresources.com/investor-financial-infor
ROANOKE, Va., Jan. 27, 2025 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced the election of Directors at its shareholders meeting held on January 27, 2025. Shareholders elected Abney S. Boxley III, Elizabeth A. McClanahan and John B. Williamson III for three-year terms. Shareholders also ratified the appointment of Deloitte & Touche, LLP as auditors for fiscal 2025. At a meeting of the Board of Directors, following the annual shareholders meeting, John B. Williamson III was elected Chairman of the Board and Paul W. Nester was elected President and CEO of RGC Resources, Inc. The following RGC Resources senior officers were also elected: Timothy J. Mulvaney, Vice Pres
ROANOKE, Va., Nov. 25, 2024 (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 2024 fiscal year on Thursday, December 5, 2024 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/. Interested parties may access the conference call by dialing toll-free 1-877-304-9269 and entering conference identification number 917621. An archive of the webcast will be available for one year on the website at https://www.rgcresou
ROANOKE, Va., Nov. 22, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO), at its meeting on November 22, 2024, declared a quarterly dividend of $0.2075 per share on the Company's common stock. The indicated annual dividend is $0.83 per share, a $0.03, or 3.8%, per share increase over the prior annual level. The Company has now increased the annual dividend 21 consecutive years. Paul Nester, CEO of RGC Resources, Inc., stated, "The Roanoke Gas utility continues to deliver solid operational and financial performance. Further, we are pleased that the MVP was completed in 2024 and now delivering affordable, reliable natural gas to Southwest Virginia. This div
ROANOKE, Va., Nov. 13, 2024 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $11,760,896, or $1.16 per share, for the fiscal year ended September 30, 2024, compared to $11,299,282, or $1.14 per share, for the fiscal year ended September 30, 2023. The increase reflected higher levels of earnings from the Company's investment in the Mountain Valley Pipeline ("MVP") due to more AFUDC in fiscal 2024 prior to the pipeline being placed in service in June 2024. The lower cost of natural gas in 2024 reduced bills to customers and revenues for the Company, despite inflationary costs leading to higher tariffs. Interest expense also increased primarily
ROANOKE, Va., Sept. 30, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO), at its meeting on September 30, 2024, declared a quarterly dividend of $0.20 per share on the Company's common stock. The dividend will be paid on November 1, 2024 to shareholders of record on October 18, 2024. This is the Company's 322nd consecutive quarterly cash dividend. RGC Resources, Inc. provides energy and related products and services to customers in Virginia through its operating subsidiaries including Roanoke Gas Company and RGC Midstream, L.L.C. The statements in this release that are not historical facts constitute "forward-looking statements" made pursuant to th
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ROANOKE, Va., Jan. 27, 2025 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced the election of Directors at its shareholders meeting held on January 27, 2025. Shareholders elected Abney S. Boxley III, Elizabeth A. McClanahan and John B. Williamson III for three-year terms. Shareholders also ratified the appointment of Deloitte & Touche, LLP as auditors for fiscal 2025. At a meeting of the Board of Directors, following the annual shareholders meeting, John B. Williamson III was elected Chairman of the Board and Paul W. Nester was elected President and CEO of RGC Resources, Inc. The following RGC Resources senior officers were also elected: Timothy J. Mulvaney, Vice Pres
ROANOKE, Va., Jan. 23, 2023 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced the election of Directors at its shareholders meeting held on January 23, 2023. Shareholders elected Nancy Howell Agee, Jacqueline L. Archer, Robert B. Johnston and J. Allen Layman for three-year terms. Shareholders also ratified the appointment of Brown Edwards & Company, L.L.P. as auditors for fiscal 2023. At a meeting of the Board of Directors, following the annual shareholders meeting, John B. Williamson, III was elected Chairman of the Board and Paul W. Nester was elected President and CEO of RGC Resources, Inc. The following RGC Resources senior officers were also elected: Jason A. Field, Vic
ROANOKE, Va., April 08, 2022 (GLOBE NEWSWIRE) -- Robert Johnston was appointed to the Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO) at a board meeting held on April 7, 2022. He will serve as a Class B Director. "We are very pleased to have Rob join our Board. His extensive public company and utility experiences will be valuable to our shareholders, Board and company", said Paul Nester, President and CEO of RGC Resources. Mr. Johnston serves as the Chief Strategy Officer for The InterTech Group, Inc. (TIG). In this capacity, he is responsible for merger and acquisition activities, investments and communications as well as oversight of a number of TIG operating companies. Mr. Jo
ROANOKE, Va., Jan. 24, 2022 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced the election of Directors at its shareholders meeting held on January 24, 2022. Shareholders elected Abney S. Boxley, III, Elizabeth A. McClanahan, and John B. Williamson, III for three-year terms. Shareholders also ratified the appointment of Brown, Edwards & Company, L.L.P. as auditors for fiscal 2022. At a meeting of the Board of Directors, following the annual shareholders meeting, John B. Williamson, III was elected Chairman of the Board and Paul W. Nester was elected President and CEO of RGC Resources, Inc. The following RGC Resources senior officers were also elected: Jason A. Field, Vice P
ROANOKE, Va., Feb. 01, 2021 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ: RGCO) announced the election of Directors at its shareholders meeting held on February 1, 2021. Shareholders elected T. Joe Crawford, retired Vice President and General Manager – Steel Dynamics Roanoke Bar Division, Maryellen F. Goodlatte, attorney and of counsel – Glenn Feldmann Darby and Goodlatte, and Paul W. Nester, President and CEO – RGC Resources, Inc., for three-year terms. Shareholders also ratified the appointment of Brown, Edwards & Company, L.L.P. as auditors for fiscal 2021. At a meeting of the Board of Directors, following the annual shareholders meeting, John B. Williamson, III was elected Chairman
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ROANOKE, Va., April 29, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO) declared a quarterly dividend of $0.2075 per share on the Company's common stock. The dividend will be paid on August 1, 2025 to shareholders of record on July 18, 2025. This is the Company's 325th consecutive quarterly cash dividend. RGC Resources, Inc. provides energy and related products and services to customers in Virginia through its operating subsidiaries including Roanoke Gas Company and RGC Midstream, L.L.C. The statements in this release that are not historical facts constitute "forward-looking statements" made pursuant to the safe harbor provision of the Private Securit
ROANOKE, Va., April 24, 2025 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) will host its quarterly conference call and webcast to review the results of its fiscal second quarter 2025 on Thursday, May 8, 2025 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/. Interested parties may access the conference call by dialing toll-free 1-877-304-9269 and entering conference identification number 917621. An archive of the webcast will be available for one year at https://www.rgcresources.com/investor-financial-informat
ROANOKE, Va., March 28, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO) declared a quarterly dividend of $0.2075 per share on the Company's common stock. The dividend will be paid on May 1, 2025 to shareholders of record on April 17, 2025. This is the Company's 324th consecutive quarterly cash dividend. RGC Resources, Inc. provides energy and related products and services to customers in Virginia through its operating subsidiaries including Roanoke Gas Company and RGC Midstream, L.L.C. The statements in this release that are not historical facts constitute "forward-looking statements" made pursuant to the safe harbor provision of the Private
ROANOKE, Va., Feb. 10, 2025 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $5,269,689, or $0.51 per share, for the first quarter ended December 31, 2024, compared to $5,019,992, or $0.50 per share, for the fiscal quarter ended December 31, 2023. Higher utility margin reflected the new base rates that went into effect July 1, 2024 and was offset by lower equity earnings from unconsolidated affiliate and higher interest expense. Roanoke Gas continued investing in utility infrastructure to enhance system reliability and deliver gas to new customers, driving both higher margins and earnings. CEO Paul Nester stated, "Colder weather in Decem
ROANOKE, Va., Jan. 28, 2025 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) will host its quarterly conference call and webcast to review the results of its fiscal first quarter 2025 on Tuesday, February 11, 2025 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/. Interested parties may access the conference call by dialing toll-free 1-877-304-9269 and entering conference identification number 917621. An archive of the webcast will be available for one year at https://www.rgcresources.com/investor-financial-infor
ROANOKE, Va., Nov. 25, 2024 (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 2024 fiscal year on Thursday, December 5, 2024 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/. Interested parties may access the conference call by dialing toll-free 1-877-304-9269 and entering conference identification number 917621. An archive of the webcast will be available for one year on the website at https://www.rgcresou
ROANOKE, Va., Nov. 22, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO), at its meeting on November 22, 2024, declared a quarterly dividend of $0.2075 per share on the Company's common stock. The indicated annual dividend is $0.83 per share, a $0.03, or 3.8%, per share increase over the prior annual level. The Company has now increased the annual dividend 21 consecutive years. Paul Nester, CEO of RGC Resources, Inc., stated, "The Roanoke Gas utility continues to deliver solid operational and financial performance. Further, we are pleased that the MVP was completed in 2024 and now delivering affordable, reliable natural gas to Southwest Virginia. This div
ROANOKE, Va., Nov. 13, 2024 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $11,760,896, or $1.16 per share, for the fiscal year ended September 30, 2024, compared to $11,299,282, or $1.14 per share, for the fiscal year ended September 30, 2023. The increase reflected higher levels of earnings from the Company's investment in the Mountain Valley Pipeline ("MVP") due to more AFUDC in fiscal 2024 prior to the pipeline being placed in service in June 2024. The lower cost of natural gas in 2024 reduced bills to customers and revenues for the Company, despite inflationary costs leading to higher tariffs. Interest expense also increased primarily
ROANOKE, Va., Sept. 30, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO), at its meeting on September 30, 2024, declared a quarterly dividend of $0.20 per share on the Company's common stock. The dividend will be paid on November 1, 2024 to shareholders of record on October 18, 2024. This is the Company's 322nd consecutive quarterly cash dividend. RGC Resources, Inc. provides energy and related products and services to customers in Virginia through its operating subsidiaries including Roanoke Gas Company and RGC Midstream, L.L.C. The statements in this release that are not historical facts constitute "forward-looking statements" made pursuant to th
ROANOKE, Va., Aug. 05, 2024 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $156,692, or $0.02 per share, for the third quarter ended June 30, 2024, compared to $686,816, or $0.07 per share, for the fiscal quarter ended June 30, 2023. The decline was the result of decreased operating income due to higher personnel and professional costs as well as persistent inflationary pressures across most areas compared to a year ago, along with lower noncash earnings from the Company's investment in the Mountain Valley Pipeline, LLC ("MVP") as the pipeline transitioned from construction to gas transmission operations. CEO Paul Nester stated, "We