RGC Resources projects lower earnings for FY2026 due to an offline LNG peak shaving facility during winter.
RGC Resources (RGCO) announced FY2026 earnings per share guidance of $1.31 to $1.37, citing an expected offline LNG peak shaving facility for the coming winter. The downtime is anticipated to impact financial performance during the period.
Management highlighted steady system investment and customer growth, with 2.7 main miles installed and 340 new service connections in 2026. The company also renewed 1.5 miles of main infrastructure, reinforcing long-term operational capacity.
The guidance reflects a cautious outlook tied to seasonal operational challenges, though underlying growth metrics remain stable.