Detail akcie RGC Resources online

Business Summary: RGC Resources, Inc. is an energy services company. It is primarily engaged in the sale and distribution of natural gas to residential, commercial and industrial customers in Roanoke, Virginia, and the surrounding localities, through its subsidiary, Roanoke Gas Company (Roanoke Gas). Roanoke Gas also provides certain unregulated services. 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. Roanoke Gas owns and operates about six metering stations through, which it measures and regulates the gas being delivered by its suppliers. These stations are located at various points throughout its distribution system. Roanoke Gas owns a liquefied natural gas storage facility located in its service territory that has the capacity to store up to 200,000 dekatherms (DTH) of natural gas. It has approximately 1,168 miles of transmission and distribution pipeline.
Financial Summary: BRIEF: For the three months ended 31 December 2023, RGC Resources Inc revenues decreased 27% to $24.4M. Net income increased 54% to $5M. Revenues reflect Parent and Other segment decrease of 7% to $27K. Net income reflects Gas Utilities segment income increase of 19% to $6.6M, Investment in Affiliates segment loss decrease of 71% to $13K. Dividend per share remained flat at $0.20.