News

RGC Resources, Inc. Declares Quarterly Dividend

ROANOKE, Va.  (February 4, 2020) — The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on February 3, 2020, declared a quarterly dividend of $0.175 per share on the Company’s common stock.  The dividend will be paid on May 1, 2020 to shareholders of record on April 15, 2020.  This is

RGC Resources, Inc. Reports First Quarter Earnings

ROANOKE, Va.  (February 3, 2020)–RGC Resources, Inc. (NASDAQ:  RGCO) announced consolidated Company earnings of $4,006,936 or $0.49 per diluted share for the quarter ended December 31, 2019.  This compares to consolidated earnings of $2,434,162 or $0.30 per diluted share for the quarter ended December 31, 2018.  CEO John D’Orazio stated, “We continue to see earnings

RGC Resources, Inc. Holds Annual Shareholder Meeting

ROANOKE, Va. (February 3, 2020)–RGC Resources, Inc. (NASDAQ: RGCO) announced the election of Directors at its shareholders meeting held on February 3, 2020.  Shareholders elected Nancy Howell Agee, President and CEO – Carilion Clinic, Jacqueline L. Archer, President and COO – Blue Ridge Beverage Company, and J. Allen Layman, private investor, for three-year terms.  Shareholders

RGC Resources, Inc. Schedules First Quarter 2020 Earnings Call

ROANOKE, Va. (January 28, 2020)–RGC Resources, Inc. (NASDAQ: RGCO) will host its quarterly conference call and webcast to review the results of its fiscal first quarter on Friday, February 7, 2020 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

RGC Resources’ Subsidiary Roanoke Gas Receives Rate Case Final Order

ROANOKE, Va. (January 28, 2020)–RGC Resources, Inc. (NASDAQ: RGCO) announced that the State Corporation Commission (SCC) issued its Final Order in the Company’s general rate case on January 24, 2020. The Commission approved a gross rate increase of $7.25 million and a 9.44% return on equity. The Final Order affirmed the Company’s need for connections

RGC Resources, Inc. Names Chief Financial Officer

ROANOKE, Va. (December 20, 2019)–RGC Resources, Inc. (NASDAQ: RGCO) announced Randall “Randy” Burton will join the company effective January 16, 2020 and will be appointed Vice-President, Chief Financial Officer, Treasurer and Secretary. As a member of the Company’s executive team, Mr. Burton will lead Resources’ Finance organization and will report to Paul Nester. “Randy is

RGC Resources, Inc. Announces CEO Retirement

ROANOKE, Va. (November 26, 2019)–RGC Resources, Inc. (NASDAQ: RGCO) announced that John S. D’Orazio will voluntarily retire as President and Chief Executive Officer effective February 7, 2020. As part of the Company’s corporate succession plan, the Board of Directors approved the appointment of Paul W. Nester, age 45, as President and CEO of the Company

RGC Resources, Inc. Raises Annual Dividend 6.1% to $0.70 per Share

ROANOKE, Va. (November 25, 2019)—The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on November 25, 2019, declared a quarterly dividend of $0.175 per share on the Company’s common stock. The indicated annual dividend is $0.70 per share, a $0.04 or 6.1% per share increase over the prior annual level. The

RGC Resources, Inc. Schedules Fourth Quarter 2019 Earnings Call

ROANOKE, Va. (November 21, 2019)–RGC Resources, Inc. (NASDAQ: RGCO) will host its quarterly conference call and webcast to review the results of its fiscal fourth quarter and 2019 fiscal year on Friday, December 6, 2019 at 9:00 a.m. eastern time. Related presentation materials will be available before the call on the Company website on the

RGC Resources, Inc. Reports Record Earnings

ROANOKE, Va. (November 15, 2019)–RGC Resources, Inc. (NASDAQ: RGCO) announced record consolidated Company earnings of $8,698,412 or $1.08 per share for the fiscal year ended September 30, 2019. This compares to earnings of $7,297,205 or $0.95 per share for the year ended September 30, 2018. CEO John D’Orazio stated, “I am pleased to announce our