Rgc Resources Inc. · NASDAQ:RGCO
Rgc Resources — Q2 2021 Earnings Presentation
13 slides from Rgc Resources's earnings presentation, May 14, 2021
Slide 1: Q2 2021 Earnings Call
Q2 2021 Earnings Call P42" = a 14, 202
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 Q 2021 Outlook Q Questions ah pe Be Bea eee Environmental - Social Governance esources.
Slide 4: Customer Growth
Customer Growth 63,000 total customers 3.3 miles main 330 services
Slide 5: Q2 Gas Volumes
Q2 Gas Volumes Volumes Delivered (DTH) 2,500 91.Q2.2020 Q2 2021 2 2,000 3 1,500 (S 1,000 = A i : Residential Commercial Industrial 2021 vs 2020 Total Volumes 12% Residential and Commercial 20% HDD 20% —
Slide 6: YTD Gas Volumes
YTD Gas Volumes Volumes Delivered (DTH) 3,500 -@YTD 2020 YTD 2021 ( Residential Commercial Industrial 2021 vs 2020 Total Volumes 3% Residential and Commercial 7% Zw — HDD 5%
Slide 7: Roanoke Gas Fiscal CapEx
Roanoke Gas Fiscal CapEx $12.5 $10.5, Ss 2 $65 8 = Customer Kaaed Growth & System $2.5 Expansion $3.0 $0.5 Total Capital Expenditures $1.4 million or 13% decrease
Slide 8: Consolidated Financial Results
Consolidated Financial Results For the periods ended March 31, (Presented in thousands, except per share data) Second Quarter Year to Date Twelve Months Ended mi | 20 mu —| 2020 201 | 2020 Operating revenues $ 28254 $ 22438] $ 47,771 $ 42,223] $ 68,623 $ 63,758 Operating expenses 2,154 15,438 35,090
Slide 9: 2021 Outlook
2021 Outlook L) Capital L) mvp L) Eps
Slide 10: Roanoke Gas CapEx Forecast
Roanoke Gas CapEx Roanoke Gas Figcal 20 | Capital Forecast) _ SAVE Infrastructure Rider 77 Customer Growth & A 8.9 System Expansion Total $21.1
Slide 11: Mountain Valley Pipeline
FA Mountain Valley PIPELINE MVP Investment (cumulative) In-service YTD 2021 ‘ QO Construction resumed C1 Project 92% complete Cl Target summer 2022 2019 $- $20 40 $60 $80 Seen (mm) Cash Investment) BM AFUDC = 1 : : i ‘y G eequitrans Exenc (conEdison O'WSkrem APES. Midstream,
Slide 12: EPS Analysis
EPS Analysis $1.40 $1.30 $1.30 $1.20 Implied Dividend Payout Ratio: $1.10 me 64.9% $1.00 $0.90 68.5% $0.80 $0.70 2018 2019 2020 2021 Actual Actual Actual Forecast Zw MEPS (net Midstream) [Midstream EPS fl Range
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