Stock events for RGC Resources, Inc. (RGCO)
RGC Resources' stock has been impacted by several events over the past six months. The Q3 2025 earnings report showed higher earnings and revenue growth, positively impacting the stock. The company reported its 2025 earnings in Q4 2025. The annual dividend was raised to $0.87 per share. The Q1 2026 earnings report revealed that earnings missed analysts' estimates due to higher operating costs, leading to a share price drop. The company filed a rate case seeking additional annualized revenue. Wall Street Zen downgraded RGC Resources to a "sell" rating. Shareholders elected directors and ratified the appointment of auditors at the Annual Shareholders Meeting.
Demand Seasonality affecting RGC Resources, Inc.’s stock price
Demand for RGC Resources, Inc.'s products and services is seasonal and significantly influenced by weather conditions. Colder temperatures generally lead to higher demand for natural gas for heating purposes.
Overview of RGC Resources, Inc.’s business
RGC Resources, Inc. operates as an energy services company, primarily distributing and selling natural gas to residential, commercial, and industrial customers. Its core business relies on natural gas distribution through Roanoke Gas Company, which accounts for over 98% of its total revenues. The company also engages in natural gas marketing and energy infrastructure services, produces biogas, and operates a network of pipelines, a liquefied natural gas storage facility, and metering stations.
RGCO’s Geographic footprint
RGC Resources, Inc. primarily serves customers in Roanoke, Virginia, and its surrounding localities. The company's headquarters are located in Roanoke, VA.
RGCO Corporate Image Assessment
RGC Resources, Inc. has maintained a positive brand perception through steady customer base growth, a high-performing distribution system, and ongoing system upgrades. Positive regional economic development also reflects favorably on the company's role in the community.
Ownership
Institutional investors own approximately 38.82% of RGC Resources, Inc. stock, while insiders own about 26.73%. Major institutional shareholders include Vanguard Group Inc, Blackrock Inc, Gamco Investors Inc Et Al 1, Ameriprise Financial Inc, Russell Investments Group Ltd, Gabelli Funds LLC, and Geode Capital Management LLC. Notable individual/insider owners include Anita G. Zucker, George W. Logan, and John B. Williamson III.
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$21.14