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RGC Resources Secures $53.6M Credit Agreement for Refinancing

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RGC Resources Secures $53.6M Credit Agreement for Refinancing

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

On September 5, 2025, RGC Midstream, LLC, a subsidiary of RGC Resources, Inc., entered into a Credit Agreement with Atlantic Union Bank and CoBank for $53.6 million to refinance existing debt. The agreement includes interest rate swaps and a loan for the MVP Southgate extension and expansion, with financial covenants ensuring debt limitations and coverage ratios.

The most recent analyst rating on (RGCO) stock is a Buy with a $23.50 price target. To see the full list of analyst forecasts on Rgc Resources stock, see the RGCO Stock Forecast page.

Spark’s Take on RGCO Stock

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

RGC Resources’ overall stock score is driven by strong financial performance and positive earnings call insights, indicating robust growth and strategic investments. Technical analysis and valuation provide a stable outlook, though some risks remain due to liabilities and anticipated Q4 losses.

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

More about Rgc Resources

RGC Resources, Inc. operates in the energy sector, focusing on natural gas distribution and related services. Its subsidiary, RGC Midstream, LLC, is involved in pipeline transportation, including projects like the Mountain Valley Pipeline.

Average Trading Volume: 19,238

Technical Sentiment Signal: Strong Buy

Current Market Cap: $231.9M

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

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