RGC Resources, Inc. (NASDAQ:RGCO) Q4 2019 Earnings Conference Call December 6, 2019 9:00 AM ET Company Participants Paul Nester - VP, Treasurer, Secretary & CFO John D'Orazio - CEO, President & Director Conference Call Participants Michael Gaugler - Janney Montgomery Scott John D'Orazio Well, good morning. I'm John D'Orazio, President and CEO of RGC Resources, Inc. Welcome, and thank you for joining us as we discuss RGC Resources Fourth Quarter 2019 Results. First, I would like to go over a few administrati ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2019 Commission file number 000-26591 RGC RESOURCES, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 519 Kimball Avenue, N.E., Roanoke, VA 24016 (Address of principal executive offices) (Zip Code) Virginia 54-1909697 (I.R.S. Emplo ...

Financial Data and Key Metrics Changes - Third quarter 2019 earnings per share were $0.14, matching the results from the third quarter of 2018 [3] - Operating income for the third quarter was approximately $1.6 million, with a 5% increase in year-to-date operating income to approximately $11.1 million [8][10] - Net income increased over $1.6 million or 25% compared to the first nine months of the prior year [11] Business Line Data and Key Metrics Changes - Capital expenditures in the third quarter were $5.6 million, a 20% decrease from the same period last year, with $2.8 million on infrastructure replacement, $1.3 million on customer growth, and $1.5 million on capital needs [4] - Year-to-date customer additions reached 516, representing a 5.5% increase over 2018 [5] - Equity earnings in the Mountain Valley pipeline investment increased over $770,000, a rise of $532,000 compared to the same quarter last year [9] Market Data and Key Metrics Changes - Total volumes for the third quarter decreased due to 42% warmer weather compared to the same period in 2018, with commercial volumes slightly down and industrial volumes remaining flat [6] - Year-to-date volumes remained flat compared to the prior year, with only a 1% decrease [6] Company Strategy and Development Direction - The company plans to invest approximately $46 million in fiscal 2019, with $22 million focused on regulated utility infrastructure replacement and customer growth, and $24 million in the Mountain Valley pipeline [13] - The Mountain Valley pipeline is approximately 89% complete, with expectations to go into service in the summer of 2020 [15] Management's Comments on Operating Environment and Future Outlook - The regulatory environment for the Mountain Valley pipeline remains stable, with ongoing issues related to the Appalachian Trail crossing and Nationwide 12 permit [28] - The company anticipates a final order for the Roanoke Gas general rate case around the end of calendar year 2019 [14] - Fiscal 2019 earnings guidance is projected between $1.02 to $1.07 per share [16] Other Important Information - Operating expenses remained flat during the third quarter [8] - Other income increased by approximately $150,000, primarily due to revenue-sharing [11] Q&A Session Summary Question: Was the decrease in CapEx year-over-year anticipated? - Management indicated that the decrease was due to timing in 2019 projects, with some expenditures moving to the fiscal fourth quarter [24] Question: Update on the Mountain Valley pipeline's regulatory environment? - Management noted that weather conditions have been favorable for construction, and regulatory issues are proceeding as planned without significant changes [27][28] Question: Will gas access require the pipeline to be fully in service? - Management stated that the Appalachian Trail crossing would need to be completed for gas to flow, but there could be potential for backhauling gas if necessary [30] Question: Will the pipeline be brought online in stages? - Management confirmed that they are at the tail end of the pipeline and expect the full pipeline to be completed before gas flows [31]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For Quarterly Period Ended June 30, 2019 Commission File Number 000-26591 RGC Resources, Inc. (Exact name of Registrant as Specified in its Charter) VIRGINIA 54-1909697 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) 519 Kimball Ave., N.E., Roanoke, VA 24016 (Address of Principal Executive ...

RGC Resources, Inc. (NASDAQ:RGCO) Q2 2019 Earnings Conference Call May 9, 2019 9:00 AM ET Company Participants John D'Orazio - President & CEO Paul Nester - CFO Conference Call Participants Michael Gaugler - Janney Montgomery Scott John D'Orazio Good morning. I'm John D'Orazio, President and CEO of RGC Resources, Inc. Welcome and thank you for joining us as we discuss RGC Resources' Second Quarter 2019 Results. First, I would like to go over a few administrative items. [Operator Instructions] The link to to ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For Quarterly Period Ended March 31, 2019 Commission File Number 000-26591 RGC Resources, Inc. (Exact name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporation or Organization) VIRGINIA 54-1909697 (I.R.S. Employer Identification No.) 519 Kimball Ave., N.E., Roanoke, VA 24016 (Address of Principal Executiv ...

RGC Resources Inc. (NASDAQ:RGCO) Q1 2019 Results Earnings Conference Call February 11, 2019 9:00 AM ET Company Participants John D'Orazio - President and Chief Executive Officer Paul Nester - Chief Financial Officer Conference Call Participants Mike Gaugler - Janney Operator All right. Welcome to RGC Resources First Quarter Earnings Call. I am John D'Orazio, President and CEO of RGC Resources. Thank you for taking the time out of your morning to attend. Please mute your line and hold your questions until th ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For Quarterly Period Ended December 31, 2018 Commission File Number 000-26591 RGC Resources, Inc. (Exact name of Registrant as Specified in its Charter) VIRGINIA 54-1909697 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) 519 Kimball Ave., N.E., Roanoke, VA 24016 (Address of Principal Execu ...