secwatch.observer — SEC 8-K summary
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Issuer:     RGC RESOURCES INC (RGCO)
CIK:        0001069533
Form:       8-K
Filed at:   2023-10-23T23:59:59+00:00
Accession:  0001437749-23-028731
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

RGC Resources updates MVP project timeline: completion Q1 2024, cost $7.2B
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- Mountain Valley Pipeline completion now targeted for Q1 2024; estimated total cost $7.2B (excluding AFUDC).
- RGC's wholly owned subsidiary holds less than 1% equity in MVP LLC; no further capital contributions required.
- Company expects to receive its share of LLC's excess cash flow promptly after completion and FERC authorization.
- Previous targeted completion and cost guidance revised; delay and cost increase noted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069533/000143774923028731/0001437749-23-028731-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069533/000143774923028731/rgco20231021_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-028731

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