---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-024665"
form_type: "8-K"
ticker: "RGCO"
cik: "0001069533"
company_name: "RGC RESOURCES INC"
filed_at: "2024-08-05T23:59:59+00:00"
generated_at: "2026-05-31T12:58:15.015586+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# RGC Resources Q3 net income falls 77% to $0.02 EPS; MVP begins service

## Summary
- Q3 net income $156,692 ($0.02 EPS) vs $686,816 ($0.07 EPS) YoY, down 77%.
- Decline due to higher personnel/professional costs, inflationary pressures, and lower noncash earnings from MVP transition.
- MVP pipeline placed into service June 2024; first new customer in Franklin County expected in fiscal Q4.
- Interim rate increase effective July 1, 2024, subject to refund, to offset rising costs.
- Nine-month net income up 13% to $11.6M ($1.15 EPS) from $10.3M ($1.04 EPS) primarily from MVP earnings.

## SEC filing metadata
- accession: 0001437749-24-024665
- form_type: 8-K
- ticker: RGCO
- cik: 0001069533
- company_name: RGC RESOURCES INC
- filed_at: 2024-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069533/000143774924024665/0001437749-24-024665-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069533/000143774924024665/rgco20240610_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-024665
- JSON: https://secwatch.observer/filing/0001437749-24-024665.json
- Plain text: https://secwatch.observer/filing/0001437749-24-024665.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.