March 5, 2020
RGC Resources, Inc. Announces $15 Million At-The-Market Equity Issuance Program
ROANOKE, Va. (March 5, 2020)–RGC Resources, Inc. (NASDAQ: RGCO) announced today that is has established an “at-the-market” (“ATM”) offering program under which it may issue and sell to the public, from time to time, up to $15 million of its common stock through Janney Montgomery Scott LLC, in its capacity as sales agent (the “Agent”).
February 4, 2020
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
February 3, 2020
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
February 3, 2020
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
January 28, 2020
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
January 28, 2020
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
December 20, 2019
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
November 26, 2019
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
November 25, 2019
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
November 21, 2019
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