{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-027331","form_type":"8-K/A","ticker":"RGCO","cik":"0001069533","company_name":"RGC RESOURCES INC","filed_at":"2022-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.505578+00:00","generated_at":"2026-06-21T19:19:05.927708+00:00","sec_items":["2.06"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"RGC Resources records $15.3M pre-tax impairment on Mountain Valley Pipeline investment","bullets":["RGC Midstream subsidiary recorded $15.3M pre-tax ($11.3M after-tax) impairment on equity investment in Mountain Valley Pipeline LLC.","Carrying value of investment reduced from $29.0M to $13.8M as of September 30, 2022.","Impairment concluded on November 14, 2022, due to increased uncertainty about MVP completion.","Charge to be reflected in Q4 fiscal results and September 30, 2022 10-K."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-027331","json":"https://secwatch.observer/filing/0001437749-22-027331.json","markdown":"https://secwatch.observer/filing/0001437749-22-027331.md","text":"https://secwatch.observer/filing/0001437749-22-027331.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1069533/000143774922027331/0001437749-22-027331-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1069533/000143774922027331/rgco20221114_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T19:19:05.927708+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"15a64a1510efd5300c615050a2e608a314e4bca5","claim":"RGC RESOURCES INC announced a impairment with charges of approximately $15.3 million affecting Mountain Valley Pipeline, LLC.","evidence_excerpt":"On November 14, 2022, Midstream concluded an impairment charge is required. Midstream has recorded a pre-tax loss of approximately $15.3 million (or $11.3 million, after tax) that reduced the carrying value of its investment in the LLC from $29.0 million to $13.8 million.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1069533/000143774922027331/0001437749-22-027331-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"impairment"},{"label":"Charge","value":"approximately $15.3 million"},{"label":"Affected area","value":"Mountain Valley Pipeline, LLC"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}