Rgc Resources Inc. · NASDAQ:RGCO
Rgc Resources — Q4 2021 Earnings Presentation
14 slides from Rgc Resources's earnings presentation, Dec 3, 2021
Slide 1: Q4 2021 Earnings Call
Q4 2021 1 Earnings Call (4228 December 3, a :
Slide 2: Forward-Looking Statements
Forward-Looking Statements The statements in this presentation by RGC Resources, Inc. (the "Company”) that are not historical facts constitute “forward-looking statements” made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 that involve risks and uncert
Slide 3: Agenda
Agenda Q Operational and Financial Highlights QO 2022 Outlook QO Questions
Slide 4: Customer Growth
Customer Growth 62,600 total customers 7 miles main 600 services
Slide 5: Q4 Gas Volumes
Q4 Gas Volumes Volumes Delivered (DTH) @ Q42020 &Q42021 1,000 800 3 600 -—— ~ 400 — ” mera : Residential Commercial Industrial 2021 vs 2020 Total Volumes (13%) Residential (5%) Vial Commercial 2% —_S
Slide 6: YTD Gas Volumes
YTD Gas Volumes Volumes Delivered (DTH) YTD 2020_@YTD 2021 4,500 4,000 S 3,500 § 3,000 8 2,500 2 * 2,000 1,500 1,000 500 Residential Commercial Industrial 2021 vs 2020 Total Volumes (4%) Residential 4% Vial Commercial and Industrial (9%) —
Slide 7: Roanoke Gas Fiscal CapEx
Roanoke Gas Fiscal CapEx $25.5 20:5 e Other Capital $15.5 $4.6 g s 3 $10.5 = $. Customer Growth & System Expansion $6.5 Total Capital Expenditures $2.9 million or 13% decrease
Slide 8: Consolidated Financial Results
Consolidated Financial Results For the periods ended September 30, (Presented in thousands, except per share data) Fourth Quarter Fiscal 2021 2020 2021 2020 Operating revenues S$ 13,355 $ 9,780 |S 75) 17500 Si) 63,075 Operating expenses 12,800 10,679 60,396 50,557 Operating income (loss) 55) (899) 1
Slide 9: 2022 Outlook
2022 Outlook L} Capital L} mvp LJ EsG LJ) Eps
Slide 10: Roanoke Gas Capex Forecast
Roanoke Gas apex Roanoke Gas hispid Capital Forecast SAVE Infrastructure Rider Customer Growth & System Expansion } | Total $ 8.2 11.5 $25.4
Slide 11: Pipeline: MVP Investment
PIPELINE MVP Investment (cumulative) Estimated ate Update oe ) Construction resumed UI Project over 90% complete 7" Mountain Valley 2020 45.3 UO) Target summer 2022 2019 $37.6 $- $20 ee $60 $80 ($mm) Cash Investment | AFUDC Midstream = H . My GC = equitrans ENEROY S conEdison Midetroann REE
Slide 12: Environmental Social Governance
Environmental Social v System Modernization v Employees Y Emissions Reductions v Community Engagement v Reduced Carbon Footprint v. Safety ¥ Customer Partnerships = “Economic Development Governance a Diverse Board of Directors & Compliance and Risk Management Y Diversified Shareholder Ownership ¥ In
Slide 13: EPS Analysis
EPS Analysis $1.40 $1.30 $1.30 $1.22 $1.22 $1.20 $0.29] $1.10 SUL $1.00 $0.55 $0.1 aa $1.21) $0.90 $1.01) $0.80 $0.90 $0.93 $0.70 2018 2019 2020 2021 2022 Actual Actual Actual Actual ‘Forecast Vial GEPS (net Midstream) ®MidstreamEPS Range 12
Slide 14: C
C 3