Quarterly ResultMay 6, 2026, 05:07 PM
RGC Resources Q2 Earnings $8.7M, EPS $0.84; YTD Net Income $13.6M
AI Summary
RGC Resources, Inc. reported consolidated earnings of $8.7 million, or $0.84 per diluted share, for the second quarter ended March 31, 2026, an increase from $7.7 million, or $0.74 per diluted share, in the prior year. The improvement was driven by higher operating margins, including interim base rates, positive contributions from the Mountain Valley Pipeline investment, and lower interest expense. Year-to-date net income also rose to $13.6 million, or $1.31 per diluted share.
Key Highlights
- Q2 2026 net income increased to $8.7 million from $7.7 million in Q2 2025.
- Diluted EPS for Q2 2026 rose to $0.84 from $0.74 in Q2 2025.
- Year-to-date net income for fiscal 2026 was $13.6 million, up 5.3% from $12.9 million.
- Year-to-date diluted EPS for fiscal 2026 was $1.31, compared to $1.26 in the prior year.
- Operating revenues for Q2 2026 were $45.46 million, up from $36.46 million in Q2 2025.
- Equity in earnings of unconsolidated affiliates increased to $903,991 in Q2 2026 from $801,175.
- Cash dividends per common share for Q2 2026 were $0.2175, up from $0.2075.