RGC Resources experienced a modest net loss in Q4 2025 due to increased operating expenses, despite higher revenues and consistent equity earnings from its affiliate.

RGC Resources reported a significant year-over-year increase in Q3 net income to $538,412, supported by stronger equity earnings from its investment in MVP and higher operating revenue. Operating income declined slightly, but the company's overall profitability improved.

RGC Resources, Inc. announced consolidated Company earnings of $7,676,208, or $0.74 per share, for the second quarter ended March 31, 2025, an increase from $6,443,390, or $0.63 per share, for the same period last year. The growth was primarily due to higher base rates effective July 1, 2024, and increased volumes, despite lower earnings from their unconsolidated affiliate and higher interest expense.

RGC Resources reported first quarter earnings of $5,269,689, or $0.51 per share, compared to $5,019,992, or $0.50 per share, for the same quarter last year. The increase was driven by higher utility margin from new base rates and colder weather, but offset by lower equity earnings from unconsolidated affiliate and higher interest expense.

RGC Resources, Inc. announced fiscal year 2024 earnings of $11,760,896, or $1.16 per share, compared to $11,299,282, or $1.14 per share, for the previous fiscal year. The increase was driven by higher earnings from the Mountain Valley Pipeline (MVP). However, net income for the fourth quarter decreased to $140,822, or $0.01 per share, compared to $1,014,175, or $0.10 per share, in the same quarter last year, due to lower MVP earnings and higher interest expenses.

RGC Resources reported earnings of $156,692, or $0.02 per share, for the third quarter ended June 30, 2024, a decrease compared to $686,816, or $0.07 per share, for the same quarter in the previous year. The decline was attributed to decreased operating income, driven by higher personnel and professional costs, persistent inflationary pressures, and lower noncash earnings from the Mountain Valley Pipeline.

RGC Resources, Inc. reported consolidated earnings of $6,443,390, or $0.63 per share, for the second quarter ended March 31, 2024. This compares to $6,341,886, or $0.64 per share, for the fiscal quarter ended March 31, 2023.

RGC Resources, Inc. announced consolidated Company earnings of $5,019,992, or $0.50 per share, for the first quarter ended December 31, 2023, compared to $3,256,405, or $0.33 per share, for the fiscal quarter ended December 31, 2022. The increase over the quarter a year ago included nearly $1.5 million in earnings from the Company’s investment in the Mountain Valley Pipeline, LLC as well as improved utility margins.

RGC Resources reported a net income of $1,014,175, or $0.10 per share, for the quarter ended September 30, 2023, compared to a net loss of $11,415,229, or $1.16 per share, for the quarter ended September 30, 2022. The increase in earnings reflects non-cash MVP income resulting from the resumption of construction in June of 2023. Fiscal year 2023 earnings were $11,299,282, or $1.14 per share, compared to a net loss of $31,732,602, or $3.48 per share, for fiscal year 2022.

RGC Resources, Inc. reported consolidated earnings of $686,816, or $0.07 per share, for the quarter ended June 30, 2023, compared to earnings of $592,527, or $0.06 per share, for the quarter ended June 30, 2022. The earnings growth was primarily driven by improved utility margins and the investment in Mountain Valley Pipeline (MVP), net of higher interest expense.

RGC Resources, Inc. announced consolidated Company earnings of $6,341,886, or $0.64 per share, for the quarter ended March 31, 2023, compared to a net loss of $24,494,429, or $2.89 per share, for the quarter ended March 31, 2022. Underlying earnings of $6,341,886 for the current fiscal quarter represents a 25% increase over the prior year second fiscal quarter underlying earnings of $5,077,546.

RGC Resources, Inc. reported consolidated earnings of $3,256,405, or $0.33 per share, for the quarter ended December 31, 2022. The decline in earnings was primarily due to increased operational costs from inflation and higher interest rates.

RGC Resources reported a net loss of $11.4 million, or $1.16 per share, for the quarter ended September 30, 2022. This includes an after-tax, non-cash MVP impairment charge of approximately $11.3 million. Underlying net loss for the fourth quarter, excluding this impairment, was $75,660 or $0.01 per share.

RGC Resources, Inc. reported consolidated earnings of $592,527, or $0.06 per share, for the quarter ended June 30, 2022. This is a decrease compared to the consolidated earnings of $610,840, or $0.07 per share, for the quarter ended June 30, 2021. The decline was primarily attributable to lower non-cash MVP AFUDC income.

RGC Resources reported a consolidated net loss of $24.49 million, or $2.89 per share, for the quarter ended March 31, 2022, which includes an after-tax impairment charge of approximately $29.6 million related to its investment in the Mountain Valley Pipeline, LLC. Excluding the impairment, underlying net income was $5.08 million, or $0.60 per share, compared to $4.77 million, or $0.58 per share, for the quarter ended March 31, 2021. Operating income improved due to investment in infrastructure replacement programs, customer growth, and increased natural gas usage by a large customer.

RGC Resources, Inc. announced consolidated earnings of $3,584,529, or $0.43 per diluted share, for the quarter ended December 31, 2021. This compares to consolidated earnings of $4,723,263, or $0.58 per diluted share, for the quarter ended December 31, 2020. The reduction in consolidated earnings is primarily due to a $1.3 million decline in non-cash equity earnings.

RGC Resources, Inc. reported that they broke even for the quarter ending September 30, 2021, compared to a net loss in the previous year. The company's full-year earnings were $10,102,062, or $1.22 per share, a decrease from the previous year's earnings of $10,564,534, or $1.30 per share. The fourth quarter results were positively impacted by American Rescue Plan Act (ARPA) funds.

RGC Resources announced consolidated earnings of $610,840, or $0.07 per diluted share, for the quarter ended June 30, 2021. This is a decrease compared to the consolidated earnings of $1,206,578, or $0.15 per diluted share, for the quarter ended June 30, 2020. The decline was primarily due to lower non-cash MVP equity in earnings.

RGC Resources announced consolidated earnings of $4,767,478, or $0.58 per share, for the quarter ended March 31, 2021. This compares to earnings of $5,680,316, or $0.70 per share, for the quarter ended March 31, 2020. The decline in earnings was primarily attributable to the cessation of the non-cash MVP AFUDC beginning January 1, 2021.

RGC Resources, Inc. reported consolidated earnings of $4,723,263, or $0.58 per diluted share, for the quarter ended December 31, 2020, compared to $4,006,936, or $0.49 per diluted share, for the quarter ended December 31, 2019.

RGC Resources reported a net loss for the quarter ending September 30, 2020. The company's full year earnings increased due to improved utility margins, new non-gas rates, customer growth, and investment in the Mountain Valley Pipeline.

RGC Resources, Inc. announced consolidated Company earnings of $1,206,578, or $0.15 per diluted share, for the quarter ended June 30, 2020, compared to $1,138,555, or $0.14 per diluted share, for the quarter ended June 30, 2019.

RGC Resources reported consolidated earnings of $5,680,316, or $0.70 per diluted share, for the quarter ended March 31, 2020, compared to $4,670,090, or $0.58 per diluted share, for the quarter ended March 31, 2019. The increase was primarily driven by improved utility margins and investment in the Mountain Valley Pipeline. However, the company anticipates lower net income for the remainder of fiscal 2020 due to the COVID-19 pandemic and the seasonal nature of the business.

RGC Resources, Inc. reported consolidated earnings of $4,006,936, or $0.49 per diluted share, for the quarter ended December 31, 2019, compared to $2,434,162, or $0.30 per diluted share, for the quarter ended December 31, 2018. The increase was attributed to improved utility margins, infrastructure replacement programs, customer growth, and the investment in Mountain Valley Pipeline.