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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