Streetbeat News

RGCO

RGC Resources, Inc.

https://www.rgcresources.com

Industry

Regulated Gas

RGC Resources, Inc., through its subsidiaries, operates as an energy services company. It sells and distributes natural gas to residential, commercial, and industrial customers in Roanoke, Virginia, and the surrounding localities. The company also provides various unregulated services. It operates approximately 1,157 miles of transmission and distribution pipeline; and a liquefied natural gas storage facility, as well as owns and operates 6 metering stations. RGC Resources, Inc. was founded in 1883 and is based in Roanoke, Virginia.

Open

20.10

Mkt cap

202M

Volume

22K

High

20.10

P/E Ratio

16.95

52-wk high

24.20

Low

19.39

Div yield

0.04

52-wk low

17.90

RGC Resources (NASDAQ:RGCO) reported Q4 earnings with an EPS of $0.1, surpassing the estimated $-0.02 by 600%. However, revenue declined by $1.65 million compared to the same period last year. Despite beating last quarter's EPS estimate, the share price fell by 1.05% the following day. The company's past earnings performance shows mixed results with both beats and misses on EPS and revenue estimates.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 1:50 pm

RGC Resources Inc has appointed Timothy Mulvaney as interim Chief Financial Officer and Treasurer, effective September 6. The company continues to explore options for a permanent CFO and Treasurer, according to an SEC filing.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 2:58 pm

RGC Resources (NASDAQ:RGCO) reported Q3 earnings of $0.07 per share, a 16.67% increase YoY. However, the company's quarterly sales of $13.66M missed the analyst consensus estimate of $18.00M by 24.11%, marking a 20.86% decrease YoY.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:40 pm

RGC Resources Inc's VP, CFO, and Treasurer, Jason Field, has voluntarily resigned, effective August 4, 2023. The company has initiated a search process for a new CFO and Treasurer.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:14 pm

The utilities sector presents an opportunity to buy into undervalued companies with oversold stocks. Exelon Corporation (EXC), RGC Resources (RGCO), WEC Energy Group (WEC), and American Electric Power Company (AEP) are major oversold players with RSI values near or below 30.

Portfolio Pulse from Lisa Levin

May 18, 2023 | 12:55 pm

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