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In the midst of celebrating more than 140 years of serving the Roanoke Valley, Roanoke Gas Company, a subsidiary of RGC Resources, Inc. (NASDAQ:RGCO) announced a significant milestone in its long, proud history. For the first time since 1965, the Roanoke Valley now has access to a new interstate natural gas pipeline, the Mountain Valley Pipeline (MVP). Roanoke Gas has two interconnects with the new pipeline and began receiving delivery of natural gas from MVP today, June 14, 2024.
RGC Resources (NASDAQ:RGCO) reported quarterly earnings of $0.63 per share. The company reported quarterly sales of $32.659 million which missed the analyst consensus estimate of $34.000 million by 3.94 percent. This is a 14.12 percent decrease over sales of $38.030 million the same period last year.
RGC Resources (NASDAQ:RGCO) reported quarterly earnings of $0.50 per share which beat the analyst consensus estimate of $0.39 by 28.21 percent. This is a 51.52 percent increase over earnings of $0.33 per share from the same period last year. The company reported quarterly sales of $24.42 million which missed the analyst consensus estimate of $31.00 million by 21.23 percent. This is a 26.63 percent decrease over sales of $33.28 million the same period last year.
4 - RGC RESOURCES INC (0001069533) (Issuer)
4 - RGC RESOURCES INC (0001069533) (Issuer)
4 - RGC RESOURCES INC (0001069533) (Issuer)
5 - RGC RESOURCES INC (0001069533) (Issuer)
5 - RGC RESOURCES INC (0001069533) (Issuer)
5 - RGC RESOURCES INC (0001069533) (Issuer)
SC 13G/A - RGC RESOURCES INC (0001069533) (Subject)
SC 13D/A - RGC RESOURCES INC (0001069533) (Subject)
SC 13D - RGC RESOURCES INC (0001069533) (Subject)
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
8-K - RGC RESOURCES INC (0001069533) (Filer)
8-K - RGC RESOURCES INC (0001069533) (Filer)
8-K - RGC RESOURCES INC (0001069533) (Filer)
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., 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