RGC Resources Reports Strong Q2 Earnings Growth

Rgc Resources ( (RGCO) ) has issued an update.

RGC Resources, Inc. reported a significant increase in earnings for the second quarter ended March 31, 2025, with net income rising to $7,676,208, or $0.74 per share, compared to $6,443,390, or $0.63 per share, in the same period of 2024. This growth was driven by higher base rates and increased volumes, although it was partially offset by lower earnings from an unconsolidated affiliate and higher interest expenses. The company’s utility margin benefited from cooler winter weather and strong utilization by a large industrial customer. Additionally, the State Corporation Commission made permanent the negotiated rates from a 2024 rate case filing, further solidifying RGC’s market position.

Spark’s Take on RGCO Stock

According to Spark, TipRanks’ AI Analyst, RGCO is a Outperform.

RGC Resources shows stable financial performance with solid profitability and cash flow. Technical indicators support a stable trend, while valuation is reasonable with a supportive dividend yield. Positive earnings call sentiment enhances the outlook, despite some operational challenges. Overall, the stock presents a balanced risk-reward profile with an overall score reflecting cautious optimism.

To see Spark’s full report on RGCO stock, click here.

More about Rgc Resources

RGC Resources, Inc. provides energy and related products and services to customers in Virginia through its operating subsidiaries Roanoke Gas Company and RGC Midstream, LLC.

Average Trading Volume: 12,607

Technical Sentiment Signal: Strong Buy

Current Market Cap: $222.1M

Find detailed analytics on RGCO stock on TipRanks’ Stock Analysis page.