The Board of Directors of RGC Resources Inc. 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 [...]
RGC Resources Inc. 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 [...]
RGC Resources Inc. 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 [...]
RGC Resources Inc. 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 [...]
RGC Resources Inc. 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 [...]
The Board of Directors of RGC Resources Inc. , 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 [...]
RGC Resources Inc. 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 due to more AFUDC in fiscal 2024 prior to the pipeline being placed in service in [...]
The Board of Directors of RGC Resources Inc. , 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 [...]
RGC Resources Inc. 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 [...]
RGC Resources Inc. will host its quarterly conference call and webcast to review the results of its fiscal third quarter 2024 on Wednesday, August 7, 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 [...]
In the midst of celebrating more than 140 years of serving the Roanoke Valley, Roanoke Gas Company, a subsidiary of RGC Resources Inc. 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 . Roanoke Gas has two interconnects with the new pipeline and began receiving delivery of [...]
The Board of Directors of RGC Resources Inc. , at its meeting on May 1, 2024, declared a quarterly dividend of $0.20 per share on the Company's common stock. The dividend will be paid on August 1, 2024 to shareholders of record on July 17, 2024. This is the Company's 321st consecutive quarterly cash dividend. RGC Resources Inc. provides energy and related products and services to customers in Virginia through its [...]