RGC Resources Holds Annual Shareholders Meeting
RGC Resources (NASDAQ: RGCO) held its annual shareholders meeting on January 26, 2026.
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Rhea-AI Summary
RGC Resources (NASDAQ: RGCO) held its annual shareholders meeting on January 26, 2026. Shareholders elected Jacqueline L. Archer, Frank Russell Ellett and Robert B. Johnston to three-year terms and ratified Deloitte & Touche LLP as auditors for fiscal 2026. At the Board meeting following the annual meeting, John B. Williamson III was elected Chairman and Paul W. Nester was elected President and CEO of RGC Resources.
Senior officer elections named Timothy J. Mulvaney as VP, Treasurer and CFO; Lawrence T. Oliver as SVP, Regulatory and External Affairs and Secretary; and C. Brooke Miles as VP, Human Resources and Community Engagement. Roanoke Gas Company named comparable officers, and Thomas P. Furcron was named VP, Operations.
RGC Resources supplies energy and related services in Virginia through subsidiaries including Roanoke Gas Company and RGC Midstream, LLC.
Details
News Market Reaction – RGCO
On Jan 27, the first trading day after this news, RGCO closed 0.90% below the previous close.
Data tracked by StockTitan Argus for the Jan 27 session.
Key Figures
- Director term length
- 3 years
- Terms for Archer, Ellett and Johnston
- Fiscal year
- 2026
- Auditor ratified for fiscal 2026
Historical Context
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Raised annual dividend to $0.87 per share, extending increase streak.
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Announced date and access details for Q4 2025 earnings call.
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Reported higher 2025 net income and revenues versus 2024.
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Declared $0.2075 quarterly dividend, continuing long dividend history.
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Reported stronger Q3 2025 earnings and higher operating revenues.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
forward-looking statements regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
ROANOKE, Va., Jan. 26, 2026 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ: RGCO) announced the election of Directors at its shareholders meeting held on January 26, 2026. Shareholders elected Jacqueline L. Archer, Frank Russell Ellett and Robert B. Johnston for three-year terms.
Shareholders also ratified the appointment of Deloitte & Touche, LLP as auditors for fiscal 2026.
At a meeting of the Board of Directors, following the annual shareholders meeting, John B. Williamson III was elected Chairman of the Board and Paul W. Nester was elected President and CEO of RGC Resources, Inc. The following RGC Resources senior officers were also elected: Timothy J. Mulvaney, Vice President, Treasurer and CFO, Lawrence T. Oliver, Senior Vice President, Regulatory and External Affairs and Secretary, and C. Brooke Miles, Vice President, Human Resources and Community Engagement. In addition, Roanoke Gas Company, the largest subsidiary of RGC Resources, elected the following senior officers: Paul W. Nester, President and CEO, Timothy J. Mulvaney, Vice President, Treasurer and CFO, Lawrence T. Oliver, Senior Vice President, Regulatory and External Affairs and Secretary, Thomas P. Furcron, Vice President, Operations, and C. Brooke Miles, Vice President, Human Resources and Community Engagement.
RGC Resources, Inc. provides energy and related products and services to customers in Virginia through its operating subsidiaries including Roanoke Gas Company and RGC Midstream, LLC.
From time to time, the Company may publish forward-looking statements relating to such matters as anticipated financial performance, business prospects, technological developments, new products, research and development activities and similar matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. In order to comply with the terms of the safe harbor, the Company notes that a variety of factors could cause the Company’s actual results and experience to differ materially from the anticipated results or other expectations expressed in the Company’s forward-looking statements. Past performance is not necessarily a predictor of future results.
| Contact: | Paul W. Nester |
| President and CEO | |
| Telephone: | 540-777-3837 |
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