RGC Resources Inc
NASDAQ:RGCO
RGC Resources Inc
RGC Resources, Inc. operates as a holding company. The company is headquartered in Roanoke, Virginia and currently employs 99 full-time employees. The company is primarily engaged in the sale and distribution of natural gas to residential, commercial and industrial customers in Roanoke, Virginia, and the surrounding localities, through its subsidiary, Roanoke Gas Company (Roanoke Gas). Roanoke Gas also provides certain unregulated services. Roanoke Gas maintains an integrated natural gas distribution system to deliver natural gas purchased from suppliers to residential, commercial, and industrial users in its service territory. Roanoke Gas owns and operates about six metering stations through, which it measures and regulates the gas being delivered by its suppliers. These stations are located at various points throughout its distribution system. Roanoke Gas owns a liquefied natural gas storage facility located in its service territory that has the capacity to store up to 200,000 dekatherms (DTH) of natural gas. The company has approximately 1,157 miles of transmission and distribution pipeline.
RGC Resources, Inc. operates as a holding company. The company is headquartered in Roanoke, Virginia and currently employs 99 full-time employees. The company is primarily engaged in the sale and distribution of natural gas to residential, commercial and industrial customers in Roanoke, Virginia, and the surrounding localities, through its subsidiary, Roanoke Gas Company (Roanoke Gas). Roanoke Gas also provides certain unregulated services. Roanoke Gas maintains an integrated natural gas distribution system to deliver natural gas purchased from suppliers to residential, commercial, and industrial users in its service territory. Roanoke Gas owns and operates about six metering stations through, which it measures and regulates the gas being delivered by its suppliers. These stations are located at various points throughout its distribution system. Roanoke Gas owns a liquefied natural gas storage facility located in its service territory that has the capacity to store up to 200,000 dekatherms (DTH) of natural gas. The company has approximately 1,157 miles of transmission and distribution pipeline.
Record Deliveries: RGC Resources delivered record gas volumes in fiscal 2025, up 14% from last year, with a significant contribution from an industrial customer and colder weather.
Strong Earnings Growth: Fiscal 2025 net income rose to $13.3 million or $1.29 per share, a 15% increase from 2024.
Customer Additions: Over 700 new customer services were connected, continuing steady growth in the Roanoke Valley.
CapEx Decrease: Capital expenditures for 2025 were $20.7 million, down 6% from the prior year due to the absence of a one-time project.
2026 Guidance & Headwinds: 2026 earnings per share guidance range reflects more uncertainty due to non-recurring items and less optimistic volume forecasts.
Rate Case Filed: The company filed for a $4.3 million annual revenue increase, with new rates expected to start January 2026, subject to approval.
Dividend Increased: The annual dividend for 2026 was increased by $0.04 to $0.87 per share, nearly 5% higher than last year.