Rgc Resources Inc. · NASDAQ:RGCO
Rgc Resources — Q3 2025 Earnings Presentation
15 slides from Rgc Resources's earnings presentation, Aug 13, 2025
Slide 1: Q3 2025 Earnings Call
. ‘ Q3 2025 Earnings Call August 13, 2025
Slide 2: Forward-Looking Statements
Forward-Looking Statements The stat its in this ‘ion contain for d: ‘ing state that relate to future transactions, events or expectations. In addition, Resources may announce or publish forward-looking statements relating to such matters as anticipated financial business prospects, inflation, bt new
Slide 3: Agenda
Agenda Q Q3 2025 Highlights <2" \\\ Q Operations 1 Q Financial Q 2025 Outlook Q Questions ee
Slide 4: Customer and Infrastructure Growth
Customer and Infrastructure Growth Expansion Renewal 3.9 miles main ; (+ 1.4 miles ahead of 3.1 miles main entire FY24) 541 services 228 services
Slide 5: QTD Gas Volumes
QTD Gas Volumes DTHs Delivered ™Q32025 ™Q3 2024 3 § 800 2 600 400 . Residential Commercial Industrial Q3 2025 vs Q3 2024 Total Volumes 6% Commercial & Industrial Volumes 10% Heating Degree Days 250 vs 167
Slide 6: YTD Gas Volumes
YTD Gas Volumes DTHs Delivered YTD 2025 mYTD 2024 10 4,00 3,500 B 3,000 § 2,500 = 2,000 1,500 1,000 500 . Residential Commercial Industrial YTD 2025 vs YTD 2024 Total Volumes 15% Commercial & Industrial Volumes 19% Heating Degree Days 18%
Slide 7: Roanoke Gas CapEx YTD
Roanoke Gas CapEx YTD $18.0 $16.0 MVP Growth $14.0 $12.0 Customer Growth & System 2 $10.0 Expansion SAVE Rider Utility & IT $4.0 $8.0 Upgrades $3.2 $2.0 $0.0 $0.8 million or 5.0% decrease
Slide 8: Consolidated Financial Results
Consolidated Financial Results For the periods ended June 30, (Presented in thousands, except per share data) [Three Months Ended Year to Date ] 2025 | 2024 2025 | 2024 Operating revenues S 17,265 $ 14,458] $ 81,016 $ 71,537 Operating expenses 16,068 12,901 62,092 54,698 Operating income 1,197 1,557
Slide 9: Consolidated Balance Sheet
Consolidated Balance Sheet As of June 30, (Presented in thousands) Assets Current assets $ 21,596 $ 25,408 Utility property, net 270,538 257,937 Other non-current assets 32,624 30,809 Total Assets $ 324,758 S$ 314,154 Liabilities and Stockholders’ Equity Current maturities of long-term debt $ 2,535
Slide 10: 2025 Outlook
2025 Outlook Q Midstream financing Q_ Economic development Capital forecast Earnings
Slide 11: Midstream Debt Refinancing
Midstream Debt Refinancing Q Commitment letter from two banks Q_ Refinance all four Midstream loans totaling $53.6M into one new note Q Interest rate SOFR + 155bps Q ~~ Matures 2032 Q Maintain the two existing interest rate swaps until their maturity; expect to lock interest rate with swaps Q Amorti
Slide 12: Economic Development
Economic Development Q Regional Activity Q Botetourt County Google Q Franklin County Q Broader Trends Q MVP Q = Medical
Slide 13: 2025 Capital Forecast
2025 Capital Forecast SAVE & Renewals $10.5 Utility & IT Upgrades 5.6 Customer Growth & 55. System Expansion MVP Growth 0.2 Total $21.8
Slide 14: Earnings Per Share
Earnings Per Share $1.30 Dividend 1.24 e Payout Ratio: $1.18 Pam 65% $1.12 68% $1.06 2024 Actual 2025 Forecast EPS Range
Slide 15: as
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