Q2 2019 RGC Resources Inc Earnings Call Transcript

Feb 08, 2024

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May 09, 2019 / 01:00PM GMT
John S. D'Orazio - RGC Resources, Inc. - CEO, President & Director

Good morning. I'm John D'Orazio, President and CEO of RGC Resources, Inc. Welcome and thank you for joining us as we discuss RGC Resources' second quarter 2019 results.

First, I would like to go over a few administrative items. (Operator Instructions) The link to today's presentation is available on our Investor & Financial Information page on our website at www.rgcresources.com.

We begin the presentation with a quick reminder on forward-looking statements, as shown on Slide 1.

Moving on to Slide 2. Today, we plan to review key operational and financial highlights, our outlook for 2019 and end with Q&A.

As shown on Slide 3, we had a very strong quarter. Second quarter 2019 earnings per share are $0.58, which is an $0.11 or 23% improvement over second quarter 2018. Further details of our financial results will be discussed later in the presentation.

As Slide 4 highlights, we invested $5.3 million

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