RGC RESOURCES INC
For the period ended Dec 31, 2023. Filed Feb 6, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Feb 6, 2024
RGCO$22.70-4.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
| Three Months Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| OPERATING REVENUES: | ||
| Gas utility | $24,391,854 | $33,252,767 |
| Non utility | 27,498 | 29,568 |
| Total operating revenues | 24,419,352 | 33,282,335 |
| OPERATING EXPENSES: | ||
| Cost of gas - utility | 10,097,016 | 20,804,153 |
| Cost of sales - non utility | 5,150 | 4,593 |
| Operations and maintenance | 4,335,197 | 3,920,513 |
| General taxes | 632,245 | 589,050 |
| Depreciation and amortization | 2,697,707 | 2,419,541 |
| Total operating expenses | 17,767,315 | 27,737,850 |
| OPERATING INCOME | 6,652,037 | 5,544,485 |
| Equity in earnings of unconsolidated affiliate | 1,467,835 | 1,232 |
| Other income, net | 120,786 | 74,606 |
| Interest expense | 1,636,273 | 1,369,164 |
| INCOME BEFORE INCOME TAXES | 6,604,385 | 4,251,159 |
| INCOME TAX EXPENSE | 1,584,393 | 994,754 |
| NET INCOME | $5,019,992 | $3,256,405 |
| BASIC EARNINGS PER COMMON SHARE | $0.50 | $0.33 |
| DILUTED EARNINGS PER COMMON SHARE | $0.50 | $0.33 |
| DIVIDENDS DECLARED PER COMMON SHARE | $0.2000 | $0.1975 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.