| RGC Resources is a holding company. Through its subsidiaries, Co. is an energy services company primarily engaged in the sale and distribution of natural gas. Co.'s wholly owned subsidiaries include: Roanoke Gas Company (Roanoke Gas); Diversified Energy Company; and RGC Midstream, LLC (Midstream). Roanoke Gas is a natural gas utility, which distributes and sells natural gas to residential, commercial and industrial customers within its service areas in Roanoke, VA and the surrounding localities. Midstream is an investor in Mountain Valley Pipeline, LLC, which was created to construct and operate interstate natural gas pipelines. Diversified Energy Company is inactive. We show 49 historical shares outstanding datapoints in our RGCO shares outstanding history coverage, used to compute RGCO market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RGCO market cap history over the course of time is important for investors
interested in comparing RGCO's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of RGCO versus a peer is one thing; comparing
RGCO market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like RGCO can fluctuate over the course of history.
With this page we aim to empower investors researching RGCO by allowing them to research the RGCO market cap history.