Earnings · GlobeNewswire
RGC Resources Reports Second Quarter Earnings
RGCORgc Resources Inc
RGC Resources reported second quarter net income of $8.7 million, or $0.84 per diluted share, compared to $7.7 million, or $0.74 per diluted share, in the same period last year. The increase was driven by higher operating margins from interim base rates under a pending rate case, increased earnings from its investment in Mountain Valley Pipeline, and lower interest expense. For the first six months of fiscal 2026, net income rose 5.3% to $13.6 million, or $1.31 per diluted share. RGC Resources provides energy and related products and services to customers in Virginia through its operating subsidiaries Roanoke Gas Company and RGC Midstream.