News

RGC Resources, Inc. Announces $21 Million Investment From The InterTech Group

Roanoke, VA (March 28, 2022) – RGC Resources, Inc. (“Resources”, the “Company”, NASDAQ:RGCO), parent company to Roanoke Gas Company and RGC Midstream, LLC, closed today a $21 million common stock investment by affiliates of The InterTech Group, Inc. (“InterTech”).  Resources also closed an additional $2 million common stock investment by long-time shareholder Ted Gibson. “InterTech’s

RGC Resources, Inc. Statement Regarding Mountain Valley Pipeline Project

Roanoke, VA (February 22, 2022) — RGC Midstream, LLC (“Midstream”), a subsidiary of RGC Resources, Inc. (“Resources”, the “Company”, NASDAQ: RGCO), issued the following statement concerning its investment in the Mountain Valley Pipeline (“MVP”), LLC: Due primarily to recent decisions by the U.S. Court of Appeals for the Fourth Circuit (the “Court”) vacating and remanding

RGC Resources, Inc. Reports First Quarter Earnings

ROANOKE, Va.  (February 7, 2022)–RGC Resources, Inc. (NASDAQ:  RGCO) announced consolidated Company earnings of $3,584,529 or $0.43 per diluted share for the quarter ended December 31, 2021.  This compares to consolidated earnings of $4,723,263 or $0.58 per diluted share for the quarter ended December 31, 2020.  CEO Paul Nester stated, “The reduction in consolidated earnings

RGC Resources, Inc. Schedules First Quarter 2022 Earnings Call

ROANOKE, Va.  (February 3, 2022)–RGC Resources, Inc. (NASDAQ:  RGCO) will host its quarterly conference call and webcast to review the results of its fiscal first quarter on Tuesday, February 8, 2022 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, Inc. Declares Quarterly Dividend

ROANOKE, Va.  (January 24, 2022) — The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on January 24, 2022, declared a quarterly dividend of $0.195 per share on the Company’s common stock.  The dividend will be paid on May 1, 2022 to shareholders of record on April 15, 2022.  This is

RGC Resources, Inc. Holds Annual Shareholder Meeting

ROANOKE, Va. (January 24, 2022)–RGC Resources, Inc. (NASDAQ: RGCO) announced the election of Directors at its shareholders meeting held on January 24, 2022.  Shareholders elected Abney S. Boxley, III, Elizabeth A. McClanahan, and John B. Williamson, III for three-year terms.  Shareholders also ratified the appointment of Brown, Edwards & Company, L.L.P. as auditors for fiscal

RGC Resources, Inc. Names Chief Financial Officer

ROANOKE, Va. (January 12, 2022)–RGC Resources, Inc. (NASDAQ: RGCO) announced Jason Field joined the company January 10, 2022 and will be appointed Vice President, Chief Financial Officer and Treasurer.  As a member of the Company’s executive team, Mr. Field will lead Resources’ Finance organization and will report to Paul Nester. “Jason is an experienced financial

Roanoke Gas Company Partners with Salvation Army

ROANOKE, Va. (December 22, 2021) – In 2020, Lawton Mullins, President  of the Virginia Oil and Gas Association, issued a challenge to VOGA members to provide 500 hot meals in the spirit of the Christmas season to those in need in two counties in Southwestern Virginia. That challenge quickly doubled and 1,000 meals were provided across

RGC Resources, Inc. Raises Annual Dividend To $0.78 Per Share

ROANOKE, Va.  (November 29, 2021)—The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on November 29, 2021, declared a quarterly dividend of $0.195 per share on the Company’s common stock.  The indicated annual dividend is $0.78 per share, a $0.04 or 5.4% per share increase over the prior annual level.  The

RGC Resources, Inc. Schedules Fourth Quarter 2021 Earnings Call

ROANOKE, Va.  (November 23, 2021)–RGC Resources, Inc. (NASDAQ:  RGCO) will host its quarterly conference call and webcast to review the results of its fiscal fourth quarter and 2021 fiscal year on Friday, December 3, 2021 at 9:00 a.m. eastern time.  Related presentation materials will be available before the call on the Company website on the