RGC Resources Inc. (RGCO)
| Market Cap | 195.34M |
| Revenue (ttm) | 80.20M |
| Net Income (ttm) | -20.30M |
| Shares Out | 9.79M |
| EPS (ttm) | 1.08 |
| PE Ratio | 18.54 |
| Forward PE | 19.49 |
| Dividend | $0.76 (3.81%) |
| Ex-Dividend Date | Jul 14, 2022 |
| Volume | 11,130 |
| Open | 19.87 |
| Previous Close | 20.00 |
| Day's Range | 19.55 - 19.95 |
| 52-Week Range | 19.34 - 26.02 |
| Beta | -0.35 |
| Analysts | Buy |
| Price Target | 29.58 (+48.3%) |
| Earnings Date | May 9, 2022 |
About RGCO
RGC Resources, Inc., through its subsidiaries, operates as an energy services company. It sells and distributes natural gas to residential, commercial, and industrial customers in Roanoke, Virginia, and the surrounding localities. The company also provides various unregulated services. It operates approximately 1,157 miles of transmission and distribution pipeline; and a liquefied natural gas storage facility, as well as owns and operates 6 metering stations. RGC Resources, Inc. was founded in 1883 and is based in Roanoke, Virginia.
Financial Performance
In 2021, RGC Resources's revenue was $75.17 million, an increase of 19.18% compared to the previous year's $63.08 million. Earnings were $10.10 million, a decrease of -4.38%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for RGCO stock is "Buy." The 12-month stock price forecast is 29.58, which is an increase of 48.27% from the latest price.
News
Roanoke Gas Company and the Western Virginia Water Authority break ground on a facility to convert biogas into renewa...
ROANOKE, Va., May 16, 2022 (GLOBE NEWSWIRE) -- The Western Virginia Water Authority (Authority) and Roanoke Gas Company (Roanoke Gas), a subsidiary of RGC Resources, Inc., have entered into a cooperativ...
RGC Resources, Inc. Reschedules Second Quarter 2022 Earnings Call
ROANOKE, Va., May 09, 2022 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ: RGCO) will host its rescheduled quarterly conference call and webcast to review the results of its fiscal second quarter on We...
RGC Resources Inc. (RGCO) Q2 Earnings and Revenues Lag Estimates
RGC Resources Inc. (RGCO) delivered earnings and revenue surprises of -9.09% and 1.57%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
RGC Resources, Inc. Reports Second Quarter Earnings
ROANOKE, Va., May 05, 2022 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ: RGCO) announced consolidated Company net loss of $24,494,429 or $2.89 per share for the quarter ended March 31, 2022. The net ...
RGC Resources, Inc. Schedules Second Quarter 2022 Earnings Call
ROANOKE, Va., April 29, 2022 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ: RGCO) will host its quarterly conference call and webcast to review the results of its fiscal second quarter on Monday, May ...
RGC Resources, Inc. Declares Quarterly Dividend
ROANOKE, Va., April 28, 2022 (GLOBE NEWSWIRE) -- 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 ...
RGC Resources, Inc. Appoints Robert Johnston to Board of Directors
ROANOKE, Va., April 08, 2022 (GLOBE NEWSWIRE) -- 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 ...
RGC Resources, Inc. Announces $4 Million Investment From T. Rowe Price
ROANOKE, Va., March 30, 2022 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (“Resources”, the “Company”, NASDAQ:RGCO), parent company to Roanoke Gas Company and RGC Midstream, LLC, closed today a $4 million co...
RGC Resources, Inc. Announces $21 Million Investment From The InterTech Group
ROANOKE, Va., March 28, 2022 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (“Resources”, the “Company”, NASDAQ:RGCO), parent company to Roanoke Gas Company and RGC Midstream, LLC, closed today a $21 million c...
RGC Resources, Inc. Statement Regarding Mountain Valley Pipeline Project
ROANOKE, Va., Feb. 22, 2022 (GLOBE NEWSWIRE) -- RGC Midstream, LLC (“Midstream”), a subsidiary of RGC Resources, Inc. (“Resources”, the “Company”, NASDAQ: RGCO), issued the following statement concernin...
RGC Resources Inc. (RGCO) Q1 Earnings Lag Estimates
RGC Resources Inc. (RGCO) delivered earnings and revenue surprises of -20.37% and 10.78%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
RGC Resources, Inc. Reports First Quarter Earnings
ROANOKE, Va., Feb. 07, 2022 (GLOBE NEWSWIRE) -- 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, 202...
RGC Resources, Inc. Schedules First Quarter 2022 Earnings Call
ROANOKE, Va., Feb. 03, 2022 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ: RGCO) will host its quarterly conference call and webcast to review the results of its fiscal first quarter on Tuesday, Febru...
Earnings Preview: RGC Resources Inc. (RGCO) Q1 Earnings Expected to Decline
RGC Resources Inc. (RGCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
RGC Resources Holds Annual Shareholders Meeting
ROANOKE, Va., Jan. 24, 2022 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ: RGCO) announced the election of Directors at its shareholders meeting held on January 24, 2022. Shareholders elected Abney S....
RGC Resources, Inc. Names Chief Financial Officer
ROANOKE, Va., Jan. 12, 2022 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ: RGCO) announced Jason Field joined the company January 10, 2022 and will be appointed Vice President, Chief Financial Officer...
RGC Resources, Inc. Raises Annual Dividend to $0.78 Per Share
ROANOKE, Va., Nov. 29, 2021 (GLOBE NEWSWIRE) -- 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 th...
RGC Resources, Inc. Schedules Fourth Quarter 2021 Earnings Call
ROANOKE, Va., Nov. 23, 2021 (GLOBE NEWSWIRE) -- 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 ...
RGC Resources Inc. (RGCO) Reports Break-Even Earnings for Q4
RGC Resources Inc. (RGCO) delivered earnings and revenue surprises of 100.00% and 33.55%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
RGC Resources, Inc. Reports 2021 Earnings
ROANOKE, Va., Nov. 15, 2021 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ: RGCO) announced consolidated Company earnings of $10,102,062 or $1.22 per share for the fiscal year ended September 30, 2021....
Analysts Estimate RGC Resources Inc. (RGCO) to Report a Decline in Earnings: What to Look Out for
RGC Resources Inc. (RGCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Roanoke Gas Company Joins ONE Future
ROANOKE, Va., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Roanoke Gas Company (“Roanoke Gas”), a subsidiary of RGC Resources, INC. (RGCO), announced that it has joined Our Nation's Energy Future Coalition (“ONE F...
RGC Resources Inc. (RGCO) Surpasses Q3 Earnings and Revenue Estimates
RGC Resources Inc. (RGCO) delivered earnings and revenue surprises of 250.00% and 27.72%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
RGC Resources, Inc. Reports Third Quarter Earnings
ROANOKE, Va., Aug. 04, 2021 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ: RGCO) announced consolidated Company earnings of $610,840 or $0.07 per diluted share for the quarter ended June 30, 2021. Thi...
RGC Resources, Inc. Schedules Third Quarter 2021 Earnings Call
ROANOKE, Va., July 29, 2021 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ: RGCO) will host its quarterly conference call and webcast to review the results of its fiscal third quarter on Monday, August...