RGC Resources Inc. (RGCO) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and thank you for joining us as we discuss RGC Resources 2025 third quarter results. I'm Kelsey Davenport, Director of Finance of RGC Resources, Inc. I am joined today this morning by Paul Nestor, our President and CEO, and Tim Mulvaney, our VP, Treasurer, and Chief Financial Officer. Let's review a few administrative items before we start. We have muted all lines and ask that all participants remain muted. The link to today's presentation is available on the investor and financial information page of our website at www.rgcresources.com. At the conclusion of the presentation, in our remarks, we will take questions. Turning to slide one. This presentation contains forecasts and projections. Slide one has information about risk and uncertainties, including forward-looking statements that should be understood in the context of our public filings. Slide two contains our agenda. We will discuss our operational and financial highlights for the third quarter and first nine months of our 2025 fiscal year. We will then review our outlook for the remainder of the 2025 fiscal year with time allotted for questions at the end. I will now turn the presentation over to Paul. Paul? Thank you, Kelsey, and good morning. Just to put everyone's mind at ease, Tommy is not with us today as he's spending some time with his recently arrived grandchild. We're wishing Tommy and his family well. Let's begin on slide three. Main extensions were strong and renewal activity was steady for the first nine months of fiscal 2025. Investing in our system safety and reliability remains a high priority for us. Through our SAFE program, we have renewed 3.1 miles of main and 228 services year to date. We continue to experience robust residential growth. We installed 3.9 new main miles, which ...