RGC Resources, Inc. reported consolidated Company earnings of $13.3 million for the fiscal year ended September 30, 2025.
The increase was driven by record levels of gas deliveries and higher operating margins.
Net loss for the quarter ended September 30, 2025 was $204,000 due to seasonally weaker fourth quarter.
The company operates through its subsidiaries, Roanoke Gas Company and RGC Midstream, LLC.
Earnings Increase
Earnings rose to $13.3 million for FY 2025 from $11.8 million in FY 2024.
Gas Delivery Growth
Record gas deliveries contributed to the earnings growth.
Infrastructure Investment
Investments in utility infrastructure aimed at customer growth and system reliability.
- RGC Resources faced challenges such as inflationary cost increases and lower equity earnings from investments.
- Successful refinancing of debt and efficient delivery during extreme weather were highlighted by CEO Paul Nester.
Despite challenges, RGC Resources showed resilience in delivering gas to customers and making strategic investments in infrastructure for future growth.