RGC Resources narrowed its fiscal 2026 earnings outlook to $1.29 to $1.32 per share and expects a small fourth-quarter loss. For the first nine months of fiscal 2026, net income rose to $14.2 million, or $1.37 per diluted share, up 4.6% from the prior-year period, driven by a non-gas base rate increase and interim rates. Roanoke Gas settled its expedited rate case for $3.85 million in annual incremental revenue, below its $4.3 million request, and the company refinanced a $15 million note at a fixed 5.13% rate for three years. Engineers are assessing structural damage from icing at the company's LNG tank, with replacement peak-shaving capacity being secured through pipeline capacity and trucked LNG.
RGC Resources IncNarrowed earnings outlook and increased net income, though rate case settlement below request and LNG tank damage add uncertainty.
