RGC Resources VP Oliver buys shares worth $200

RGC Resources Inc (EXCHANGE:NASDAQ:RGCO) Vice President and Secretary Lawrence T. Oliver reported purchasing shares of common stock on August 1, 2025. The transaction involved the acquisition of 10.163 shares at a price of $19.68, for a total value of $200. The stock, currently trading at $21.27, has shown resilience with a 17% return over the past year. InvestingPro analysis indicates the company has maintained dividend payments for 32 consecutive years, with a current yield of 3.8%.

Following this transaction, Oliver directly owns 23761.18 shares of RGC Resources Inc. common stock. With a market capitalization of $219 million and an overall "GOOD" financial health rating from InvestingPro, the company maintains a P/E ratio of 16.5x and demonstrates stable fundamentals.

Oliver also holds options to acquire RGC Resources Inc. common stock. These include options to purchase 5,000 shares at an exercise price of $27.87, 3,000 shares at $22.93, 1,000 shares at $19.90 and 5,000 shares at $16.62. For deeper insights into insider trading patterns and comprehensive analysis, access the full Pro Research Report available on InvestingPro.

In other recent news, RGC Resources Inc. reported its Q2 2025 earnings, surpassing analysts’ expectations. The company achieved earnings per share of $0.74, which exceeded the forecasted $0.68. Revenue also outperformed projections, reaching $36.46 million compared to the anticipated $34 million. These results indicate a robust financial performance for the quarter. Additionally, the earnings beat was met with a positive response from the market. Analysts from various firms have taken note of this strong showing. These recent developments are crucial for investors keeping track of RGC Resources’ financial health and market position.

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