Rgc Resources Inc. · NASDAQ:RGCO

Rgc Resources — Q3 2019 Earnings Presentation

12 slides from Rgc Resources's earnings presentation, Aug 7, 2019

  1. Slide 1: Third Quarter 2019 Earnings Conference Call

    Third Quarter 2019 Earnings conference call: August 7, 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 Q3 ended June 30: 2019 2018 Basic: $0.14 $0.14 Diluted: $0.14 $0.14 3

  5. Slide 5: Roanoke Gas Q3 Capital Expenditures

    Roanoke Gas Q3 Capital Expenditures $7.5 $6.5 Millions $5.5 $4.5 Other 2018 Capital $3.5 $1.5 2019 SAVE Rider $2.5 $2.8 Customer $1.5 Growth & System $0.5 Expansion Total Capital Expenditures $1.3 $1.4 million or 20% decrease 4

  6. Slide 6: Roanoke Gas Fiscal YTD Capital Expenditures

    Roanoke Gas Fiscal YTD Capital Expenditures $20.0 $18.0 Millions $16.0 $14.0 $12.0 Other Capital $10.0 $3.3 2018 $8.0 2019 SAVE Rider $6.2 $6.0 $4.0 Customer Growth & $2.0 System $0.0 Expansion Total Capital Expenditures $7.1 $0.8 million or 5% decrease 5

  7. Slide 7: Customer Growth

    Customer Growth  Over 60,800 total customers  516 new customers added YTD  2.1% growth since 2016 6

  8. Slide 8: Q3 Volume

    Q3 Volume Volumes Delivered (DTH) 800 700 600 500 Thousands 400 300 200 100 - Residential Commercial Industrial Q3 2018 Q3 2019 2019 vs 2018 Total Volumes (14%) C&I (8%) 7

  9. Slide 9: Fiscal YTD Volume

    Fiscal YTD Volume Volumes Delivered (DTH) 4,000 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 (1%) 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 27% 37%  Rate Case 36%  MVP Investment  Earnings SAVE Infrastructure Rider $ 8.0 Customer Growth & System Expansion 8.0 Utility Maintenance and LNG Upgrades 6.0 Total $22.0 10

  12. Slide 12: 11

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