Rgc Resources Inc. · NASDAQ:RGCO

Rgc Resources — Q2 2019 Earnings Presentation

12 slides from Rgc Resources's earnings presentation, May 9, 2019

  1. Slide 1: Second Quarter 2019 Earnings Conference Call

    Second Quarter 2019 Earnings conference call: May 9, 2019 John S. D’Orazio, CEO Paul W. Nester, CFO

  2. 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

  3. Slide 3: Agenda

    Agenda  Key Operational and Financial Highlights  2019 Outlook  Questions 2

  4. Slide 4: Key Highlights

    Key Highlights  Earnings per Share (EPS):  Fiscal Q2 ended March 31: 2019 2018 Basic: $0.58 $0.47 Diluted: $0.58 $0.47 3

  5. Slide 5: Roanoke Gas Q2 Capital Expenditures

    Roanoke Gas Q2 Capital Expenditures $6.5 $5.5 Millions $4.5 Other Capital $3.5 $0.6 2018 2019 SAVE Rider $2.5 $2.0 Customer Growth & $1.5 System Expansion $0.5 $2.7 Total Capital Expenditures $0.3 million or 6% increase 4

  6. Slide 6: Roanoke Gas Fiscal YTD Capital Expenditures

    Roanoke Gas Fiscal YTD Capital Expenditures $12.0 $10.0 Millions $8.0 Other Capital $6.0 $1.8 2018 2019 SAVE Rider $3.4 $4.0 Customer $2.0 Growth & System $0.0 Expansion Total Capital Expenditures $5.8 $0.6 million or 6% increase 5

  7. Slide 7: Customer Growth

    Customer Growth  Over 61,700 total customers  392 new customers added YTD  2.2% growth since 2016 6

  8. Slide 8: Q2 Volume

    Q2 Volume Volumes Sold (DTH) 2,500 2,000 Thousands 1,500 1,000 500 - Residential Commercial Industrial Q2 2018 Q2 2019 2019 vs 2018 Total Volumes (2%) C&I 0% 7

  9. Slide 9: Fiscal YTD Volume

    Fiscal YTD Volume Volumes Sold (DTH) 3,500 3,000 2,500 Thousands 2,000 1,500 1,000 500 - Residential Commercial Industrial YTD 2018 YTD 2019 2019 vs 2018 Total Volumes 1% C&I 2% 8

  10. Slide 10: Consolidated Financial Results

    Consolidated Financial Results 9

  11. Slide 11: 2019 Outlook: Roanoke Gas Fiscal 2019 Capital Forecast

    2019 Outlook Roanoke Gas Fiscal 2019  Capital Forecast Capital Spend 24%  34% Rate Case 42%  MVP Investment  Earnings SAVE Infrastructure Rider $ 7.7 Customer Growth & System Expansion 9.6 Utility Maintenance and LNG Upgrades 5.5 Total $22.8 10

  12. Slide 12: 11

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