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RGC Resources, Inc. (RGCO) Q4 2024 Earnings Call Transcript

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RGC Resources, Inc. (RGCO) Q4 2024 Earnings Call Transcript

Tommy Oliver - Senior Vice President, Regulatory and External Affairs

Tim Mulvaney - Treasurer and Chief Financial Officer

Paul Nester - President and Chief Executive Officer

Good morning from a cold and blustery run of Virginia. I want to thank you for joining us as we discuss RGC resources, 2024 Fourth Quarter and Full-Year Results. I am Tommy Oliver, Senior Vice President, Regulatory and External Affairs for RGC resources Inc. I am joined this morning by Paul Nester, President and CEO of RGC Resources, and Tim Mulvaney, our Vice President, Treasurer, and Chief Financial Officer.

Before we get started, I want to review a few administrative items. We have muted all lines and ask that all participants remain muted. The link to today's presentation is available on the investor and financial information page of our website at www.rgcresources.com. At the conclusion of the presentation and our remarks, we will take questions.

So, let's turn to slide one. This presentation contains forecasts and projections. Slide one has information about risks and uncertainty, including forward-looking statements that should be understood in the context of our public violence.

Slide two contains our agenda. We will discuss our operational and financial highlights including an update of our rate case and other regulatory activities, how we finished fiscal 2024, and then discuss the outlook for full-year fiscal 2025 with time allotted for questions at the end.

So moving to slide three. We had a busy fiscal year on the regulatory front. We received favorable commission decisions on a number of routine regulatory matters in the fourth quarter. In addition, we reached a settlement in our general rate

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