secwatch.observer — SEC 8-K summary
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Issuer:     RGC RESOURCES INC (RGCO)
CIK:        0001069533
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001437749-25-014847
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RGC Resources Q2 net income $7.68M ($0.74 EPS), up 19% YoY on higher rates and cooler weather
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- Net income $7,676,208 ($0.74 per share) vs $6,443,390 ($0.63) in Q2 2024, a 19% increase.
- Utility margin rose 12% due to base rate hike effective July 2024 and colder January weather.
- MVP earnings declined to $801,175 from $1,229,384 as prior-year AFUDC ended with pipeline operation.
- First-half net income $12,945,897 ($1.26 per share) up 12.9% from $11,463,382 ($1.14) last year.
- Virginia SCC made permanent negotiated rates from the 2024 rate case in early April 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069533/000143774925014847/0001437749-25-014847-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069533/000143774925014847/rgco20250217_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-014847

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer