RGC Resources, Inc. Reports First Quarter Earnings
1. RGCO's Q1 earnings increased to $5.27 million from $5.02 million. 2. Utility margins rose due to new base rates effective July 2024. 3. Colder December weather and strong customer usage boosted performance significantly. 4. Equity earnings from MVP pipeline decreased from $1.47M to $854K YoY. 5. Investments in infrastructure aim to enhance reliability and customer service.