News

RGC Resources, Inc. Declares Quarterly Dividend

ROANOKE, Va.  (April 28, 2022) — The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on April 25, 2022, declared a quarterly dividend of $0.195 per share on the Company’s common stock.  The dividend will be paid on August 1, 2022 to shareholders of record on July 15, 2022.  This is

RGC Resources, Inc. Appoints Robert Johnston to Board of Directors

ROANOKE, Va. (April 8, 2022)—Robert Johnston was appointed to the Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO) at a board meeting held on April 7, 2022.  He will serve as a Class B Director. “We are very pleased to have Rob join our Board.  His extensive public company and utility experiences will be

RGC Resources, Inc. Announces $4 Million Investment From T. Rowe Price

Roanoke, VA (March 30, 2022) – RGC Resources, Inc. (“Resources”, the “Company”, NASDAQ:RGCO), parent company to Roanoke Gas Company and RGC Midstream, LLC, closed today a $4 million common stock investment by funds and accounts advised by T. Rowe Price Investment Management, Inc. (“T. Rowe Price”).  T. Rowe Price’s investment follows the $23 million of

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