RGC Resources CEO Paul Nester buys $6,323 in company stock By Investing.com

Paul W. Nester, President & CEO and a director of RGC Resources Inc. (), recently acquired shares of the company’s common stock. On September 23, 2026, Nester purchased 300 shares at a price of $21.08 per share, totaling $6,323.

Following this transaction, Nester directly holds 134,512.588 shares of RGC Resources common stock. The purchase comes as RGCO trades near its 52-week low of $20.55, with the stock currently at $20.93. The company offers a dividend yield of 4.19% and trades at a P/E ratio of 15.31, according to InvestingPro data, which reveals 5 additional key insights about the company’s financial health and valuation. The transaction was reported in a Form 4 filing with the Securities and Exchange Commission on September 25, 2026.

In other recent news, RGC Resources announced its third-quarter fiscal 2026 earnings, which aligned with Wall Street’s expectations at 5 cents per share. However, the company’s revenue of $17.11 million fell short of the anticipated $18.2 million, marking a 6% miss. Despite this revenue shortfall, RGC Resources highlighted that interim rates, new stay revenues, and increased industrial volumes helped mitigate weaker demand patterns. Management noted that the company continues to face challenges, including damage to its LNG facility and ongoing work on long-term supply and storage strategies. Additionally, there is a warning from management that margins and net income may decline in the second half of the fiscal year. The company reported a net income of approximately $550,000 for the quarter, slightly surpassing the previous year’s figures. For the first nine months of the fiscal year, earnings increased to $1.37 per share, compared to $1.31 from the previous year. These developments indicate ongoing operational hurdles and financial adjustments for RGC Resources.

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