RGCO · NASDAQ · Regulated Gas

RGC Resources (RGCO)

Runs a regulated Virginia gas utility with a small Mountain Valley Pipeline stake.

$21.38
vs last close+0.06 (+0.28%)
Loading prices…

RGC Resources, Inc.RGCO
Utilities

Sells and distributes natural gas through Roanoke Gas to homes and businesses around Roanoke, Virginia. The regulated utility carries nearly all operating revenue, while RGC Midstream holds small Mountain Valley Pipeline-related interests that add infrastructure exposure.

Sells and distributes natural gas through Roanoke Gas to residential, commercial, and industrial customers in Roanoke, Virginia and surrounding localities. Gas Utility is the operating core; non-regulated services are small, and RGC Midstream holds small interests tied to Mountain Valley Pipeline, Southgate, and Boost.

Execution is local infrastructure work: maintaining transmission and distribution pipe, metering stations, storage access, and interstate-pipeline contracts that support winter heating demand. The customer base is concentrated in southwest Virginia rather than spread across national markets.

Revenue recovery depends on Virginia SCC-approved rates, riders, and weather-normalization mechanisms. Demand is shaped by winter temperatures, gas supply and storage access, cross-fuel pricing, and the Mountain Valley Pipeline now serving Roanoke Gas.

Company facts

CEOPaul W. Nester
ListedFeb 1, 1994
ExchangeNASDAQ
HeadquartersRoanoke, VA
CountryUnited States
Employees106
CIK0001069533
ISINUS74955L1035

Market cap$221.9M
EPS (ttm)$1.34
P/E (ttm)15.91
ROE11.7%
P/B1.81
P/S2.07
Dividend yieldDiv yield4.03%
Beta0.24vs XLU 0.44

No analyst consensus on record.

Next report
Nov 18, 26
estimated · in 57 days
EPS estimate
$0.25
Revenue estimate
$32.3M
Fiscal quarter
Q4 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$0.51$0.74$0.05−$0.02$0.47$0.84$0.05Pending
Estimate$0.50$0.68$0.02−$0.05$0.45$0.78$0.06$0.25
Surprise+2.0%+8.8%+150.0%+60.0%+4.4%+7.7%−16.7%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$27.3M$36.5M$17.3M$14.3M$30.3M$45.5M$17.1MPending
Estimate$26.0M$15.0M$14.0M$14.0M$28.4M$38.2M$18.2M$32.3M
Surprise+5.0%+143.1%+23.3%+2.3%+6.5%+19.0%−6.0%
Estimate$0.25
ReportedDue Nov 18, 2026
Estimate$32.3M
ReportedDue Nov 18, 2026
View details

Debt to equity121.10%
Current ratio94.00%

ProfitabilityRevenueNet incomeNet margin

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$13.1M$27.3M$36.5M$17.3M$14.3M$30.3M$45.5M$17.1M
Net income$140.8K$5.3M$7.7M$538.4K−$204.3K$4.9M$8.7M$558.9K
Net margin1.1%19.3%21.1%3.1%0.0%16.1%19.2%3.3%

GrowthOperating income

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Operating income$242.4K$7.3M$10.4M$1.2M−$477.0K$6.6M$11.3M$1.2M
YoY growth−67.4%+10.2%+20.5%−23.2%Turned loss−10.6%+8.5%−2.0%

Balance sheet, Jun 30, 2026Cash & short-term investments $2.5M · Total debt $148.8M · Total assets $339.7M · Shareholders' equity $122.9M

Revenue
$17.1M
Operating income
$1.2M
Net income
$558.9K
View details

Dividend yield
4.03%
Next ex-date
Oct 17, 26
estimated · in 25 days
Annual dividend
$0.86
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Oct '24Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26
Dividend$0.20$0.2075$0.2075$0.2075$0.2075$0.2175$0.2175$0.2175
Annual yield3.80%3.87%3.86%4.01%3.87%3.89%3.78%3.51%
Ex-dateOct 18Jan 17Apr 17Jul 18Oct 17Jan 16Apr 17Jul 17
Payment dateNov 1Feb 1May 1Aug 1Nov 3Feb 2May 1Aug 3
View details

Institutions≈ 39.83%4.15M shares
102 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders10.57%1.10M shares
15 holders · as of Sep 16, 2026
Other≈ 49.60%5.17M shares
remainder

10.42M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
T. Rowe Price Investment Management, Inc.Institution
7.60%792,155filed Feb 14, 2023
Ameriprise Financial IncInstitution
4.45%463,371as of Jun 30, 2026
BlackRock, Inc.Institution
4.10%427,306as of Jun 30, 2026
Anita G. Zucker1Insider10 percent owner
4.05%422,079filed Jan 15, 2021
The Vanguard GroupInstitution
3.92%408,651filed Feb 9, 2022
  1. Anita G. Zucker's own ownership statement (13D/A, Jan 15, 2021) reports fewer shares than the transaction reports; the statement is used.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 15, 2026John B. Iii Williamsondirector+112$21.20
Sep 14, 2026Robert B. Johnstondirector+420$21.06
Sep 14, 2026John B. Iii Williamsondirector+500$21.32
Sep 10, 2026Robert B. Johnstondirector+374$21.12
Sep 10, 2026John B. Iii Williamsondirector+1,000$21.29
View details

  • American Electric Power

    Local electric-utility substitute in Roanoke and western Virginia

  • UGI

    AmeriGas propane alternative for residential and commercial heating

  • Suburban Propane

    Nationwide propane and fuel-oil distributor for heating demand

  • Star Group

    Home heating oil and propane option in Mid-Atlantic markets

  • Sunrun

    Residential solar and storage substitute for household energy spend

  • Peabody Energy

    Thermal coal supplier for industrial and power-generation fuel demand

Compare

CompanyPriceChange
RGC Resources$21.38+0.28%$221.9M15.915.02.1−0.9%
American Electric Power$120.25+0.18%$65.34B20.818.12.9+7.0%
UGI$37.26+0.07%$7.98B12.512.81.1−4.5%
Suburban Propane$17.00+0.29%$1.12B8.60.8+0.5%
Star Group$12.77−0.12%$419.6M6.20.2+17.2%
Sunrun$8.80+0.06%$2.10B5.913.80.6+52.8%
Peabody Energy$25.80+2.91%$3.05B13.00.8+12.7%
Median8.613.40.8+9.9%