Price: $20.8600
$-0.48
-2.249%
|
Day's High:
| $21.475
| Week Perf:
| 1.11 %
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Day's Low: |
$ 19.01 |
30 Day Perf: |
6.97 % |
Volume (M): |
21 |
52 Wk High: |
$ 24.25 |
Volume (M$): |
$ 442 |
52 Wk Avg: |
$19.30 |
Open: |
$21.41 |
52 Wk Low: |
$15.36 |
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Market Capitalization (Millions $) |
209 |
Shares
Outstanding (Millions) |
10 |
Employees |
106 |
Revenues (TTM) (Millions $) |
89 |
Net Income (TTM) (Millions $) |
13 |
Cash Flow (TTM) (Millions $) |
0 |
Capital Exp. (TTM) (Millions $) |
23 |
Rgc Resources Inc
RGC Resources, Inc. was incorporated in the state of Virginia on July 31, 1998,
for the primary purpose of becoming the holding company for Roanoke Gas Company
(“Roanoke Gas”) and its subsidiaries. Effective July 1, 1999, Roanoke
Gas and its subsidiaries were reorganized into the holding company structure.
Resources is currently composed of the following subsidiaries: Roanoke Gas, Diversified
Energy Company and RGC Midstream, LLC.
Roanoke Gas was organized as a public service corporation under the laws of
the Commonwealth of Virginia in 1912. The principal service of Roanoke Gas is
the distribution and sale of natural gas to residential, commercial and industrial
customers within its service territory in Roanoke, Virginia and the surrounding
localities. Roanoke Gas also provides certain non-regulated services which account
for less than 2% of consolidated revenues.
In July 2015, the Company formed RGC Midstream, LLC, a limited liability company
established for the purpose of becoming a 1% investor in Mountain Valley Pipeline,
LLC. Mountain Valley Pipeline, LLC was created for the purpose of constructing
a natural gas pipeline in West Virginia and Virginia.
In March 2016, Resources dissolved its subsidiary, RGC Ventures of Virginia,
Inc. ("Ventures"). Ventures contained the operations of Application
Resources, Inc., which provided information technology consulting services,
and The Utility Consultants, which provided utility and regulatory consulting
services to other utilities. Both of these operations were insignificant when
compared to the overall activities of Resources and represented less than 0.2%
of total revenues and less than 6% of other non-utility revenues.
Roanoke Gas maintains an integrated natural gas distribution system to deliver
natural gas purchased from suppliers to residential, commercial and industrial
users in its service territory.
Company Address: 519 Kimball Ave., N.E. Roanoke 24016 VA
Company Phone Number: 777-4427 Stock Exchange / Ticker: NASDAQ RGCO
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Next quarterly dividend pay out on May 01, 2024. |
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Stock Performances by Major Competitors |
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Rgc Resources Inc
The recent financial results of RGC Resources Inc. may seem impressive at first glance, with a significant increase in income growth and improved profit margins. However, a closer look reveals some concerning trends that could point to potential trouble ahead for the company. One of the most alarming aspects of the latest financial report is the sharp decline in revenue. While income may have grown by over 50%, revenue actually dropped by over 26% compared to the same period last year. This indicates that the company may be relying on cost-cutting measures or other unsustainable methods to boost profitability, rather than generating true growth through increased sales.
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Dividend
Published Tue, Feb 6 2024 8:30 PM UTC
RGC Resources Inc. Celebrates 80 Years of Unbroken Dividend Payments, Reinforcing Its Commitment to Shareholders ROANOKE, Va., Feb. 06, 2024 - RGC Resources Inc. (NASDAQ: RGCO), a leading energy company, announced during its recent Board of Directors meeting that it has declared a quarterly dividend of $0.20 per share on the Company's common stock. This dividend, marking...
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Rgc Resources Inc
In a recent press release, RGC Resources, Inc., a leading energy company operating in Roanoke, Virginia, declared its 319th consecutive quarterly cash dividend, reinforcing its position as a dependable and stable investment option. The Board of Directors announced a dividend increase of 1.3%, raising the quarterly payout to $0.20 per share and an annual dividend of $0.80 per share. This marks the 20th consecutive year of dividend increases, reflecting the company's commitment to delivering long-term shareholder value. Paul Nester, CEO of RGC Resources, Inc., expressed confidence in the company's solid operational and financial performance, eagerly anticipating the completion of the MVP (Mountain Valley Pipeline) project in 2024. Steadfast Dividend Growth RGC Resources, Inc. has established an impressive track record of consecutive dividend increases, which has earned the company a reputation for being a beacon of stability in the energy sector. This latest dividend increase further demonstrates the management's dedication to providing consistent returns to its shareholders. With a $0.01 increase per share for the fiscal year, investors can expect to earn an annual dividend of $0.80 per share, enhancing the company's appeal to income-focused investors.
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Dividend
Published Tue, Nov 28 2023 8:45 PM UTC
Introduction In a recent press release, RGC Resources, Inc., a leading energy company operating in Roanoke, Virginia, declared its 319th consecutive quarterly cash dividend, reinforcing its position as a dependable and stable investment option. The Board of Directors announced a dividend increase of 1.3%, raising the quarterly payout to $0.20 per share and an annual...
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Dividend
Published Wed, Sep 27 2023 4:00 PM UTC
ROANOKE, Va., Sept. 27, 2023 - RGC Resources, Inc. (NASDAQ: RGCO), a leading natural gas distribution company, has recently declared its 318th consecutive quarterly cash dividend of $0.1975 per share on the company's common stock. This resounding announcement underscores the company's steadfast commitment to providing consistent returns to its valued shareholders. ...
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Per Share |
Current |
Earnings (TTM) |
1.31 $ |
Revenues (TTM) |
8.82 $
|
Cash Flow (TTM) |
- |
Cash |
-
|
Book Value |
10.31 $
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Dividend (TTM) |
0.79 $ |
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Per Share |
|
Earnings (TTM) |
1.31 $
|
Revenues (TTM) |
8.82 $ |
Cash Flow (TTM) |
- |
Cash |
-
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Book Value |
10.31 $ |
Dividend (TTM) |
0.79 $ |
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