RGC Resources, Inc. Reports Second Quarter Earnings
RGC Resources Inc. (RGCO)
Last rgc resources inc. earnings: 2/3 04:30 pm
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US:NASDAQ Investor Relations:
rgcresources.com
Company Research
Source: GlobeNewswire
ROANOKE, Va., May 01, 2024 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ: RGCO) announced consolidated Company earnings of $6,443,390, or $0.63 per share, for the second quarter ended March 31, 2024, compared to $6,341,886, or $0.64 per share, for the fiscal quarter ended March 31, 2023. The increase over the quarter a year ago included $1.2 million in earnings from the Company’s investment in the Mountain Valley Pipeline, LLC (“MVP”), as well as improved utility margins which inflationary cost increases largely offset. Continued investments in utility infrastructure at Roanoke Gas to enhance system reliability and deliver gas to new customers contributed to earnings. CEO Paul Nester stated, “A mild winter has led to lower revenues, and persistent inflationary cost pressures are challenging earnings. The mild weather aided construction progress of the MVP during the quarter, and the MVP has filed for a final permit from FERC to allow gas to flow in the next 30 days.” As noted a
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RGCO
News
- RGC Resources, Inc. Declares Quarterly DividendGlobeNewswire
- RGC Resources Inc. (RGCO) Misses Q2 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- There's Been No Shortage Of Growth Recently For RGC Resources' (NASDAQ:RGCO) Returns On Capital [Yahoo! Finance]Yahoo! Finance
- RGC Resources, Inc. Schedules Second Quarter 2024 Earnings CallGlobeNewswire
- RGC Resources Inc. (RGCO) Could Be a Great Choice [Yahoo! Finance]Yahoo! Finance
RGCO
Earnings
- 5/1/24 - Miss
RGCO
Sec Filings
- 5/9/24 - Form 4
- 5/6/24 - Form 8-K
- 5/3/24 - Form 10-Q
- RGCO's page on the SEC website