RGC Resources Inc. (RGCO)

NASDAQ: RGCO · IEX Real-Time Price · USD
19.95
-0.05 (-0.25%)
May 18, 2022 4:00 PM EDT - Market closed
Market Cap195.34M
Revenue (ttm)80.20M
Net Income (ttm)-20.30M
Shares Out9.79M
EPS (ttm)1.08
PE Ratio18.54
Forward PE19.49
Dividend$0.76 (3.81%)
Ex-Dividend DateJul 14, 2022
Volume11,130
Open19.87
Previous Close20.00
Day's Range19.55 - 19.95
52-Week Range19.34 - 26.02
Beta-0.35
AnalystsBuy
Price Target29.58 (+48.3%)
Earnings DateMay 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.

IndustryGas Utilities
Founded1912
Employees99
Stock ExchangeNASDAQ
Ticker SymbolRGCO
Full Company Profile

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 Statements

Analyst 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.

Price Target
$29.58
(48.27% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

2 days ago - GlobeNewsWire

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...

1 week ago - GlobeNewsWire

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?

1 week ago - Zacks Investment Research

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 ...

1 week ago - GlobeNewsWire

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 ...

2 weeks ago - GlobeNewsWire

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 ...

2 weeks ago - GlobeNewsWire

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 ...

1 month ago - GlobeNewsWire

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...

1 month ago - GlobeNewsWire

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...

1 month ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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?

3 months ago - Zacks Investment Research

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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.

3 months ago - Zacks Investment Research

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....

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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 ...

5 months ago - GlobeNewsWire

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?

6 months ago - Zacks Investment Research

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....

6 months ago - GlobeNewsWire

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.

6 months ago - Zacks Investment Research

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...

6 months ago - GlobeNewsWire

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?

9 months ago - Zacks Investment Research

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...

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire