News

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

RGC Resources, Inc. Declares Quarterly Dividend

ROANOKE, Va. (September 30, 2019) — The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on September 30, 2019, declared a quarterly dividend of $0.165 per share on the Company’s common stock. The dividend will be paid on November 1, 2019 to shareholders of record on October 15, 2019. This is

RGC Resources, Inc. Reports Third Quarter Earnings

ROANOKE, Va. (July 31, 2019)–RGC Resources, Inc. (NASDAQ: RGCO) announced consolidated Company earnings of $1,138,555 or $0.14 per share for the quarter ended June 30, 2019. This compares to earnings of $1,087,355 or $0.14 per share for the quarter ended June 30, 2018. CEO John D’Orazio stated, “We continue to see earnings growth from improved

RGC Resources, Inc. Schedules Third Quarter 2019 Earnings Call

ROANOKE, Va. (July 23, 2019)–RGC Resources, Inc. (NASDAQ: RGCO) will host its quarterly conference call and webcast to review the results of its fiscal third quarter on Wednesday, August 7 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

RGC Resources’ Roanoke Gas Subsidiary Receives Rate Case Staff Recommendations

ROANOKE, Va. (July 1, 2019)–The Staff of the State Corporation Commission issued its analysis and recommendations in the Company’s general rate case proceeding. The Staff testimony recommends a gross rate increase of $6.4 million. “While we disagree with many of the Staff’s recommendations, we are pleased that Staff’s proposed rate increase, when combined with the

RGC Resources, Inc. Reports Second Quarter Earnings

ROANOKE, Va. (April 29, 2019)–RGC Resources, Inc. (NASDAQ: RGCO) announced consolidated Company earnings of $4,670,090 or $0.58 per share for the quarter ended March 31, 2019. This compares to consolidated earnings of $3,465,929 or $0.47 per share for the quarter ended March 31, 2018. CEO John D’Orazio stated, “We experienced significant earnings growth from improved

RGC Resources, Inc. Declares Quarterly Dividend

ROANOKE, Va. (April 25, 2019) — The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on April 25, 2019, declared a quarterly dividend of $0.165 per share on the Company’s common stock. The dividend will be paid on August 1, 2019 to shareholders of record on July 15, 2019. This is