Rgc Resources Inc. · NASDAQ:RGCO

Rgc Resources — Q4 2019 Earnings Presentation

13 slides from Rgc Resources's earnings presentation, Dec 6, 2019

  1. Slide 1: Fourth Quarter 2019 Earnings Conference Call

    Fourth Quarter 2019 Earnings conference call: December 6, 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  2020 Outlook  Questions 2

  4. Slide 4: Key Highlights

    Key Highlights  Earnings per Share (EPS):  Fiscal year ended September 30: 2019 2018 Basic: $1.08 $0.95 Diluted: $1.08 $0.95 3

  5. Slide 5: Roanoke Gas Q4 Capital Expenditures

    Roanoke Gas Q4 Capital Expenditures $6.5 $5.5 Millions $4.5 Other $3.5 Capital 2018 $1.1 2019 $2.5 Customer Growth & System SAVE Rider Expansion $1.5 $3.4 $0.8 $0.5 Total Capital Expenditures $0.6 million or 10% decrease 54

  6. Slide 6: Roanoke Gas Fiscal Year Capital Expenditures

    Roanoke Gas Fiscal Year Capital Expenditures $25.0 Millions $20.0 $15.0 Other Capital 2018 2019 $4.4 $10.0 SAVE Rider $9.6 Customer $5.0 Growth & System Expansion $0.0 $7.9 Total Capital Expenditures $1.4 million or 6% decrease 65

  7. Slide 7: Customer Growth

    Customer Growth  Over 60,700 total customers  668 customer additions in fiscal year  2% growth since 2016 6

  8. Slide 8: Q4 Volume

    Q4 Volume Volumes Delivered (DTH) 800 700 600 500 Thousands 400 300 200 100 - Residential Commercial Industrial Q4 2018 Q4 2019 2019 vs 2018 Total Volumes 7% C&I 8% 7

  9. Slide 9: Fiscal Year Volume

    Fiscal Year Volume Volumes Delivered (DTH) 4,500 4,000 3,500 3,000 Thousands 2,500 2,000 1,500 1,000 500 - Residential Commercial Industrial YTD 2018 YTD 2019 2019 vs 2018 Total Volumes 0% C&I 1% 8

  10. Slide 10: Consolidated Financial Results

    Consolidated Financial Results 9

  11. Slide 11: 2020 Outlook: Roanoke Gas Fiscal 2020 Capital Forecast

    2020 Outlook Roanoke Gas Fiscal 2020 Capital Forecast Capital Spend 16% 42% SAVE Plan 42% Rate Case SAVE Infrastructure Rider $ 9.3 Customer Growth & System Expansion 9.4 Utility Maintenance and LNG Upgrades 3.7 Total $22.4 1110

  12. Slide 12: 2020 Outlook: MVP Investment, Earnings, Succession Update

    2020 Outlook MVP Investment Earnings Succession Update 1211

  13. Slide 13: 1312

    1312

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