FERC OK's Mountain Valley Pipeline: A Brief on the Project [Yahoo! Finance]
RGC Resources Inc. (RGCO)
Last rgc resources inc. earnings: 2/3 04:30 pm
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Source: Yahoo! Finance
This decision marks the culmination of a protracted and contentious journey that has spanned nearly a decade, involving fierce legal battles, environmental concerns, and significant financial overruns. The Green Light FERC's letter of approval concluded that the pipeline had met all necessary stabilization and restoration requirements. The agency expressed satisfaction with the decision, indicating that final preparations are underway to initiate commercial operations. Although the exact date for the commencement of natural gas flow remains undisclosed, the completion of this 303-mile infrastructure is a significant milestone for its developers and supporters. A Decade of Roadblocks Initially proposed in 2014 with an anticipated in-service date in 2018, the MVP has faced numerous setbacks. The project's cost has ballooned from $3.5 billion to approximately $7.85 billion due to extensive legal and regulatory hurdles. Construction, which began in 2018, was frequently interrupted
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News
- Roanoke Gas Company Celebrates Historic Milestone: New Interstate Natural Gas Pipeline Mountain Valley Makes Initial Delivery to the Roanoke Valley [Yahoo! Finance]Yahoo! Finance
- Roanoke Gas Company Celebrates Historic Milestone: New Interstate Natural Gas Pipeline Mountain Valley Makes Initial Delivery to the Roanoke ValleyGlobeNewswire
- Institutions own 36% of RGC Resources, Inc. (NASDAQ:RGCO) shares but retail investors control 44% of the company [Yahoo! Finance]Yahoo! Finance
- Taking A Look At RGC Resources, Inc.'s (NASDAQ:RGCO) ROE [Yahoo! Finance]Yahoo! Finance
- RGC Resources, Inc. Declares Quarterly DividendGlobeNewswire
RGCO
Earnings
- 5/1/24 - Miss
RGCO
Sec Filings
- 6/5/24 - Form 4
- 6/5/24 - Form 4
- 6/5/24 - Form 4
- RGCO's page on the SEC website