RGC Resources Inc

RGC Resources, Inc. is a holding company that specializes in the distribution and sale of natural gas to residential, commercial, and industrial users in its service territory. With headquarters in Roanoke, Virginia, the firm has a team of 96 full-time employees.

The company is primarily engaged in the sale and distribution of natural gas to residential, commercial, and industrial customers in Roanoke, Virginia, and the surrounding localities through its subsidiary, Roanoke Gas Company (Roanoke Gas). Roanoke Gas also provides certain unregulated services. Roanoke Gas maintains an integrated natural gas distribution system to deliver natural gas purchased from suppliers to residential, commercial, and industrial users in its service territory. Roanoke Gas owns and operates about six metering stations through which it measures and regulates the gas being delivered by its suppliers. These stations are located at various points throughout its distribution system.

In addition, Roanoke Gas owns a liquefied natural gas storage facility located in its service territory that has the capacity to store up to 200,000 dekatherms (DTH) of natural gas. The company has approximately 1,168 miles of transmission and distribution pipeline.

For investors interested in the energy industry, RGC Resources, Inc. offers a unique opportunity to support the development of natural gas distribution and sales in its service territory. To make informed investment decisions, it’s important to stay up to date on the latest developments in the stock market, including premarket trends and stock price movements. By regularly researching RGC Resources, Inc. and its competitors, investors can stay informed about industry trends and changes in the stock price, enabling them to make informed decisions about buying, holding, or selling shares of this innovative natural gas distribution company.