Financial Data and Key Metrics Changes - The company reported a net loss of $204,000 or $0.02 per share in Q4 2025, compared to a net income of $141,000 or $0.01 per share in the same quarter of the previous year [6][7] - For the full fiscal year 2025, net income was $13.3 million or $1.29 per share, a 15% increase from $11.8 million or $1.16 per share in fiscal 2024 [7][8] - Total capital expenditures (CapEx) for fiscal 2025 were $20.7 million, down 6% from the previous year [5][6] Business Line Data and Key Metrics Changes - The company installed nearly five main miles, which is 50% higher than the total main miles installed in fiscal 2024, and connected over 700 new services compared to approximately 630 in fiscal 2024 [2][3] - Delivered gas volumes increased by 8% in Q4 2025 compared to Q4 2024, with total volumes moving up 14% year-over-year due to colder weather and increased industrial consumption [4][5] Market Data and Key Metrics Changes - The average customer count is expected to reach approximately 65,000 by the end of the second quarter, despite seasonal disconnections [3] - Heating degree days increased by 18%, contributing to the record level of gas delivery [5] Company Strategy and Development Direction - The company is optimistic about continued customer growth in the Roanoke Valley, with a focus on healthcare and medical sector expansions [10][11] - The company filed an expedited rate case seeking a $4.3 million increase in annual revenues, expected to take effect on January 1, 2026, subject to commission review [13][14] Management's Comments on Operating Environment and Future Outlook - Management acknowledged inflationary pressures and higher expenses but expressed confidence in managing these challenges [6][18] - The company anticipates a more challenging fiscal 2026 compared to 2025, with a wider earnings per share guidance range due to uncertainties in volume deliveries and weather [18][19] Other Important Information - The company refinanced debt supporting its investment in the Mountain Valley Pipeline (MVP) to extend maturity to 2032 [8] - A dividend increase of $0.04 per share was authorized, reflecting strong earnings in 2025 [18] Q&A Session Summary Question: How is the weather tracking compared to last year? - Management noted that October had unusual weather patterns, but colder weather has set in recently, which is expected to positively impact gas volumes [21][22] Question: Any capital requirements from the company for EVP projects in 2026? - The CFO indicated that funding for the Boost and Southgate projects would come from refinancing, with expected investments totaling $4-$5 million over the next several years [23] Question: Updates on data centers and Google's investment in the region? - Management highlighted ongoing interest and discussions regarding data centers in Southwest Virginia, with expectations for more announcements from Google in 2026 [25][26]

Financial Data and Key Metrics Changes - The company reported a net loss of $204,000 or $0.02 per share in Q4 2025, compared to a net income of $141,000 or $0.01 per share in the same quarter of the previous year, reflecting higher expenses due to inflation [6][7] - For the full fiscal year 2025, net income was $13.3 million or $1.29 per share, a 15% increase from $11.8 million or $1.16 per share in fiscal 2024, driven by record gas deliveries and higher operating margins [8][9] Business Line Data and Key Metrics Changes - The company installed nearly five main miles of gas lines, a 50% increase from fiscal 2024, and connected over 700 new services, up from approximately 630 in fiscal 2024 [2][3] - Total gas volumes delivered increased by 8% in Q4 2025 compared to Q4 2024, with heating degree days up 18%, leading to a 14% increase in total volumes year-over-year [4][5] Market Data and Key Metrics Changes - The company expects to end the second quarter of fiscal 2026 with approximately 65,000 customers, despite seasonal disconnections during spring [3] - The company is optimistic about customer growth in the Roanoke Valley, averaging over 660 new customers per year, maintaining a steady growth rate of around 1% [11] Company Strategy and Development Direction - The company filed an expedited rate case seeking a $4.3 million increase in annual revenues, expected to take effect on January 1, 2026, subject to commission review [13][14] - The capital budget for 2026 is projected at $22 million, focusing on system renewal and expansion opportunities as they arise [15][18] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that fiscal 2026 is expected to be more challenging than 2025 due to inflationary pressures and uncertainty in volume deliveries [19] - The company is optimistic about ongoing projects like the Southgate and Boost projects, which are expected to enhance cash flows and overall investment value [9][12] Other Important Information - The company successfully refinanced debt supporting its investment in the Mountain Valley Pipeline, extending maturity to 2032 [8][9] - The company plans to return certain tax credits to customers over the next 12 months, which will be reflected in regulatory liabilities [13] Q&A Session Summary Question: How is the weather tracking compared to last year? - Management noted that while October had unusual weather patterns, November turned warm before becoming cold around Thanksgiving, which is expected to positively impact gas volumes [21][22] Question: Any capital requirements from the EVP projects in 2026? - The CFO indicated that the refinancing included facilities to fund investments in the Boost and Southgate projects, estimating total investment of $4-$5 million over the next several years [23] Question: Updates on data centers and Google’s investment? - Management highlighted significant investments by Google in Virginia, which may lead to more precise announcements regarding their intentions in the region in 2026 [25][26]

Core Viewpoint - RGC Resources, Inc. has declared a quarterly dividend of $0.2175 per share, marking a 4.8% increase in the annual dividend to $0.87 per share, reflecting strong fiscal performance and a commitment to long-term shareholder value [1]. Group 1: Dividend Announcement - The Board of Directors declared a quarterly dividend of $0.2175 per share on November 24, 2025 [1]. - The indicated annual dividend is now $0.87 per share, which is a $0.04 increase over the previous annual level [1]. - This marks the 22nd consecutive year of annual dividend increases for the company [1]. Group 2: Company Performance and Strategy - The increase in the annual dividend rate is attributed to strong earnings and operational performance in fiscal 2025 [1]. - The company is focused on prudent investments in the Roanoke Gas utility and MVP expansion projects [1]. - CEO Paul Nester emphasized the commitment to delivering long-term shareholder value through this dividend increase [1]. Group 3: Dividend Payment Details - The dividend will be paid on February 2, 2026, to shareholders of record on January 16, 2026 [1]. - This is the company's 327th consecutive quarterly cash dividend [1]. Group 4: Company Overview - RGC Resources, Inc. provides energy and related products and services to customers in Virginia through its subsidiaries, including Roanoke Gas Company and RGC Midstream, L.L.C. [2].

ROANOKE, Va., Nov. 20, 2025 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (Nasdaq: RGCO) will host its quarterly conference call and webcast to review the results of its fiscal fourth quarter 2025 on Thursday, December 4, 2025 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 page at https://www.rgcresources.com/investor-financial-information/.Interested parties may access the conference call by dialing toll-f ...

Group 1: Earnings Performance - RGC Resources Inc. reported a quarterly loss of $0.02 per share, better than the Zacks Consensus Estimate of a loss of $0.05, representing an earnings surprise of +60.00% [1] - The company has surpassed consensus EPS estimates for four consecutive quarters [2] - RGC Resources posted revenues of $14.32 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 2.27% and up from $13.1 million year-over-year [2] Group 2: Stock Performance and Outlook - RGC Resources shares have increased by approximately 8.7% since the beginning of the year, compared to the S&P 500's gain of 12.5% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call [3] - The current consensus EPS estimate for the upcoming quarter is $0.54 on revenues of $29 million, and for the current fiscal year, it is $1.31 on revenues of $97 million [7] Group 3: Industry Context - The Oil and Gas - Refining and Marketing industry, to which RGC Resources belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact RGC Resources' stock performance [5][6]

Financial Performance - RGC Resources, Inc. reported consolidated earnings of $13.3 million, or $1.29 per share, for the fiscal year ended September 30, 2025, a 12.7% increase from $11.8 million, or $1.16 per share, in the previous fiscal year[4] - For the quarter ended September 30, 2025, RGC Resources reported a net loss of $204,000, or $0.02 per share, compared to a net income of $141,000, or $0.01 per share, for the same quarter in 2024[5] - Operating revenues for the twelve months ended September 30, 2025, were $95.3 million, up 12.6% from $84.6 million in the previous year[11] - Operating expenses increased to $76.9 million for the twelve months ended September 30, 2025, compared to $67.6 million in the prior year, reflecting a 13.4% rise[11] Asset and Equity Growth - Total assets as of September 30, 2025, were $329.8 million, a 2.5% increase from $320.7 million in 2024[11] - Stockholders' equity rose to $113.6 million as of September 30, 2025, compared to $108.1 million in the previous year, indicating a 5.0% increase[11] Operational Highlights - The company achieved record levels of gas deliveries, contributing to higher operating margins, despite facing inflationary cost increases and lower equity earnings from the Mountain Valley Pipeline[4] - The company successfully refinanced and extended the maturity of RGC Midstream's debt in September 2025, enhancing financial stability[5] Dividends and Future Outlook - Cash dividends per common share increased to $0.2075 for the quarter ended September 30, 2025, compared to $0.2000 in the same quarter of 2024[11] - The company anticipates continued customer growth and infrastructure investment, although it acknowledges risks related to inflation and gas prices[7]

Core Insights - RGC Resources, Inc. reported consolidated earnings of $13.3 million, or $1.29 per share, for the fiscal year ending September 30, 2025, an increase from $11.8 million, or $1.16 per share, for the previous fiscal year, driven by record gas deliveries and higher operating margins, despite inflationary pressures and lower equity earnings from the Mountain Valley Pipeline [1][2]. Financial Performance - For the fiscal year ended September 30, 2025, operating revenues reached $95.33 million, up from $84.64 million in 2024, while operating expenses increased to $76.89 million from $67.56 million [6]. - The net loss for the quarter ended September 30, 2025, was $204,000, or $0.02 per share, compared to a net income of $141,000, or $0.01 per share, for the same quarter in 2024, attributed to higher expenses and seasonal weakness [2][6]. - The company’s equity in earnings from unconsolidated affiliates was $3.23 million for the fiscal year 2025, down from $3.85 million in 2024 [6]. Operational Highlights - RGC Resources made significant investments in utility infrastructure to enhance customer growth and system reliability, successfully delivering gas during one of the coldest winters in a decade, resulting in the highest annual gas volume delivered [2]. - The company refinanced and extended the maturity of RGC Midstream's debt in September 2025, indicating a proactive approach to managing financial obligations [2]. Balance Sheet Overview - As of September 30, 2025, total assets were $329.84 million, an increase from $320.70 million in 2024, with current assets at $23.32 million, down from $25.07 million [9]. - Total liabilities stood at $216.29 million, compared to $212.56 million in the previous year, while stockholders' equity increased to $113.55 million from $108.14 million [9].

Group 1 - RGC Resources (RGCO) is a holding company based in Virginia, operating through Roanoke Gas Company and RGC Midstream, providing energy and utility services to over 60,000 customers [1] - The company has a long-standing history of paying dividends for more than 80 years, indicating a commitment to returning value to shareholders [1]

Group 1 - RGC Resources (RGCO) is a holding company based in Virginia, operating through Roanoke Gas Company and RGC Midstream, providing energy and utility services to over 60,000 customers [1] - The company has a long-standing history of paying dividends for more than 80 years, indicating a commitment to returning value to shareholders [1]

Core Insights - A.P. Moller-Maersk's shares declined by 6% following the release of third-quarter earnings that slightly exceeded expectations, but the company did not raise its full-year guidance sufficiently to satisfy market expectations [1] Financial Performance - The company reported a modest earnings beat for the third quarter, indicating some level of operational success [1] - Despite the earnings beat, the full-year guidance was not increased enough to align with market forecasts, leading to a negative market reaction [1]