secwatch.observer — SEC 8-K summary
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Issuer:     RGC RESOURCES INC (RGCO)
CIK:        0001069533
Form:       8-K
Filed at:   2025-02-10T23:59:59+00:00
Accession:  0001437749-25-003314
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RGC Resources reports Q1 net income $5.27M, EPS $0.51 vs $0.50 YoY
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- Net income of $5,269,689 ($0.51 diluted EPS) vs $5,019,992 ($0.50) in prior-year Q1.
- Higher utility margin driven by new base rates effective July 1, 2024.
- Equity earnings from MVP fell to $854,213 (operational) from $1,467,835 (AFUDC).
- Higher interest expense partially offset the margin improvement.
- December colder weather and strong usage by largest transportation customer contributed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069533/000143774925003314/0001437749-25-003314-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069533/000143774925003314/rgco20241205_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-003314

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