Rgc resources, inc. reports 2022 earnings

Roanoke, va., nov. 16, 2022 (globe newswire) -- rgc resources, inc. (nasdaq: rgco) announced a consolidated company net loss of $31,732,602 or $3.48 per share for the fiscal year ended september 30, 2022. the net loss reflects total after-tax impairment charges of approximately $40.9 million related to rgc midstream, llc's (“midstream”) investment in the mountain valley pipeline, llc (“mvp”). underlying net income, a non-gaap measure that excludes the impairment, was $9,178,942 or $1.01 per share, which compares to underlying earnings of $10,102,062 or $1.22 per share for the year ended september 30, 2021.
RGCO Ratings Summary
RGCO Quant Ranking