Revenue Update on RGC Resources(NASDAQ:RGCO)

RGC Resources(NASDAQ:RGCO) announced the earnings results for Fiscal Year 2017 and Q1. The results came in during After-Market on Feb 6, 2017. Earnings per share were $0.46.

RGC Resources (RGCO) made into the market gainers list on Tuesdays trading session with the shares advancing 0.15% or 0.0408 points. Due to strong positive momentum, the stock ended at $27.4999, which is also near the day’s high of $27.5338. The stock began the session at $27.28 and the volume stood at 4,411 shares. The 52-week high of the shares is $30.0554 and the 52 week low is $21. The company has a current market capitalization of $132 M and it has 47,98,466 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Feb 2, 2017, Raymond D Jr Smoot (director) purchased 86 shares at $26.99 per share price.Also, On Feb 2, 2017, Paul W Nester (VP, Treasurer, Secretary & CFO) purchased 11 shares at $26.99 per share price.On Feb 2, 2017, Orazio John S D (President & CEO) purchased 37 shares at $26.99 per share price, according to the Form-4 filing with the securities and exchange commission.

RGC Resources Inc. is an energy services company. It is primarily engaged in the regulated sale and distribution of natural gas to approximately 58200 residential commercial and industrial customers in Roanoke Virginia and the surrounding localities through its Roanoke Gas Company (Roanoke Gas) subsidiary. The Company also provides certain unregulated services through Roanoke Gas and utility consulting and information system services through RGC Ventures of Virginia Inc. which operates as The Utility Consultants and Application Resources. The Company has the following subsidiaries: Roanoke Gas Company (Roanoke Gas); Diversified Energy Company and RGC Ventures of Virginia Inc. operating as Application Resources and The Utility Consultants.

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