RGC Resources(RGCO)

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RGC Resources (RGCO) Is a Great Choice for 'Trend' Investors, Here's Why
ZACKS· 2025-06-30 13:50
While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...
RGC Resources (RGCO) Surges 9.1%: Is This an Indication of Further Gains?
ZACKS· 2025-06-24 13:00
RGC Resources Inc. (RGCO) shares rallied 9.1% in the last trading session to close at $22.18. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 2.5% loss over the past four weeks. RGCO's share price surged on Monday, driven by a sharp increase in natural gas demand and prices amid an ongoing heatwave across the eastern U.S. The extreme temperatures significantly boosted power generation needs, prompting utiliti ...
RGC Resources (RGCO) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
ZACKS· 2025-06-09 14:56
Shares of RGC Resources Inc. (RGCO) have been struggling lately and have lost 5% over the past four weeks. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish c ...
Is RGC Resources (RGCO) Stock Outpacing Its Oils-Energy Peers This Year?
ZACKS· 2025-06-04 14:46
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Is RGC Resources Inc. (RGCO) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.RGC Resources Inc. is a member of our Oils-Energy group, which includes 245 different companies and currently sits at #16 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different g ...
RGC Resources(RGCO) - 2025 Q2 - Earnings Call Transcript
2025-05-08 14:02
RGC Resources (RGCO) Q2 2025 Earnings Call May 08, 2025 09:00 AM ET Company Participants Lawrence Oliver - Senior Vice President of Regulatory & External AffairsTimothy Mulvaney - VP, CFO & TreasurerPaul Nester - President and CEO Conference Call Participants None - Analyst Lawrence Oliver Good morning, and thank you for joining us as we discuss RGC Resources twenty twenty five second quarter results. I am Tommy Oliver, Senior Vice President, Regulatory and External Affairs for RGC Resources Inc. I am joine ...
RGC Resources(RGCO) - 2025 Q2 - Earnings Call Transcript
2025-05-08 14:00
RGC Resources (RGCO) Q2 2025 Earnings Call May 08, 2025 09:00 AM ET Speaker0 Good morning, and thank you for joining us as we discuss RGC Resources twenty twenty five second quarter results. I am Tommy Oliver, Senior Vice President, Regulatory and External Affairs for RGC Resources Inc. I am joined this morning by Paul Nestor, our President and CEO and Tim Mulvaney, our VP, Treasurer, and Chief Financial Officer. Before we get started, I want to review a few administrative items. First, we have muted all li ...
RGC Resources(RGCO) - 2025 Q2 - Quarterly Report
2025-05-07 18:59
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For Quarterly Period Ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For Transition Period From to Commission File Number 000-26591 RGC Resources, Inc. (Exact name of Registrant as Specified in its Charter) Virginia 54-1909697 (State or Other J ...
RGC Resources Inc. (RGCO) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2025-05-06 23:40
RGC Resources Inc. (RGCO) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.82%. A quarter ago, it was expected that this company would post earnings of $0.50 per share when it actually produced earnings of $0.51, delivering a surprise of 2%.Over the last four quarters, the company ha ...
RGC Resources(RGCO) - 2025 Q2 - Quarterly Results
2025-05-06 21:43
NEWS RELEASE Through the first six months of fiscal 2025, the Company's net income of $12,945,897, or $1.26 per share, was up 12.9% from $11,463,382, or $1.14 per share, with similar reasons as the quarter – higher utility margin offset by lower earnings from the Company's investment in MVP and higher interest expense. In early April, the State Corporation Commission issued a final order and made permanent the negotiated rates from the Company's 2024 rate case filing. RGC Resources, Inc. provides energy and ...
RGC Resources, Inc. Reports Second Quarter Earnings
Globenewswire· 2025-05-06 21:30
ROANOKE, Va., May 06, 2025 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (Nasdaq: RGCO) announced consolidated Company earnings of $7,676,208, or $0.74 per share, for the second quarter ended March 31, 2025, compared to $6,443,390, or $0.63 per share, for the second quarter ended March 31, 2024. The primary drivers of the increased earnings were higher base rates that went into effect July 1, 2024 and increased volumes, offset by lower earnings from unconsolidated affiliate and higher interest expense. Cooler win ...