Slide 1: Q3 2022 Earnings Call
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 Uncer
Slide 3: Agenda
Agenda Q Operational and Financial Highlights Q 2022 Outlook Q Questions
Slide 4: Customer Growth
Customer Growth ) 62,400 total customers 0 5.6 miles main C537 services
Slide 5: Q3 Gas Volumes
Q3 Gas Volumes Thousands DTH Delivered 1,200 9.932022 @a3 2021 1,000 800 600 400 200 Residential Commercial 2022 vs 2021 Industrial Total Volumes Commercial & Industrial Volumes 11% ae eee
Slide 6: YTD Gas Volumes
YTD Gas Volumes DTH Delivered 4,000 —M@YTD 2022 __wyTD 2021 Residential Commercial Industrial 2022 vs 2021 Total Volumes 3% Residential (5%) Commercial & Industrial 8% Sees Heating Degree Days (6%)
Slide 7: Consolidated Financial Results
Consolidated Financial Results For the periods ended June 30, (Presented in thousands, except per share dot) [Third Quarter Year to Date Twelve Months Ended | won| 20a | ome | zoea | aoe | aot Oreste vere: s 20 5 u0w]s 7053 s «res 71,600 Ovarslnc exranges 150 2s07] sso 47596 58276 Operating income 1
Slide 8: Consolidated Underlying Financial Results
Consolidated Underlying Financial Results For the periods ended June 30, (Presented in thousands, except per share data) [Three Months Ended ‘Nine Months Ended Twelve Months Ended | (20222021 2022 | 2024 202 | 2021 | Consolidated Net income/(Loss) $ 53 $ 6s (20317) 10,102 fF $ (20,317) 9m. Non-cash
Slide 9: Roanoke Gas YTD CapEx
Roanoke Gas YTD CapEx $18.5 $16.5 Customer Growth & System Expansion $8.8 $2.5 million or 16.5% increase
Slide 10: 2022 Outlook
2022 Outlook L) RNG L) Capital LL) mvp L) Earnings
Slide 11: Roanoke Gas RNG Facility
Roanoke Gas RNG Facility QO) RAC application submitted © $7.7 million rate base; 100bp ROE adder © Proposed cost to residential customers: $0.04/month U) Emissions reduction: 13,700 metric tons UO) Additional supply: up to 500dth/day Note: All on this slide estir or reco in
Slide 12: 2022 Capital
2022 Capital SAVE Infrastructure Rider $ 8.9 Customer Growth & System Expansion Utility Maintenance 3.9 Total $23.6
Slide 13: MVP Mountain Valley Pipeline
JA Mountain PIPELINE QO) Project over 94% complete q | O) Operator Guidance 0$6.6 billion budget oSecond-half 2023 in- service —
Slide 14: Earnings Per Share Analysis
Earnings Per Share Analysis $1.40 $1.30 $1.20 $1.10 $1.00 $1.30 Implied Dividend Payout Ratio: 76.5% 81.3% 2019 2020 2021 2022 Actual Actual Actual Forecast Underlying BEEPS (net Midstream) i MidstreamEPS mlRange
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