RGCO — what changed in the latest 10-Q
A section-by-section comparison of RGCO's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-06 vs the prior 10-Q · 2026-05-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +13 | −15 | ~33 | 32 |
| Market risk (Item 3) | Text added/removed | +3 | −4 | ~4 | 13 |
| Controls & procedures | Text added/removed | +3 | −4 | ~4 | 13 |
| Legal proceedings | Text added/removed | +1 | −2 | ~3 | 11 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +1 | 0 | ~2 | 10 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-06
In response to continued inflationary pressures, the Company filed an expedited rate application on December 2, 2025 with the SCC seeking to increase its non-gas base rates by $4.3 million annually. The SCC permitted the Company to implement its new rates on an interim basis for service rendered on …
Net income increased by $20,488 for the three months ended June 30, 2026, compared to the same period last year.
Total operating revenues for the three months ended June 30, 2026, compared to the same period last year, decreased slightly primarily due to weather-related normalization and lower natural gas commodity prices more than offsetting the implementation of a non-gas base rate increase and increases in …
Other income, net increased by $84,965, or 35%, primarily due to actuarially determined postretirement benefit plan income.
Interest expense increased by $38,996, or 3%, as the average debt outstanding for the quarter increased by approximately 5% compared to the same period in the prior year. Midstream's interest expense decreased by $66,044, or 10%, as the total average debt outstanding decreased by approximately $1,19…
Text removed vs the prior filing · source: 10-Q · 2026-05-07
On December 2, 2025, the Company filed for an expedited rate application with the SCC to increase non-gas base rates by $4.3 million annually. Pursuant to the Commission’s December 29, 2025 Order for Notice and Comment, the new base rates went into effect for service rendered on or after January 1, …
Net income increased by $1,068,282 for the three months ended March 31, 2026, compared to the same period last year, primarily due to implementation of higher non-gas base rates effective January 1, 2026.
Total operating revenues for the three months ended March 31, 2026, compared to the same period last year, increased by approximately 25% primarily due to the implementation of a non-gas base rate increase, higher natural gas commodity prices and increased SAVE revenues, slightly offset by a reducti…
Equity in earnings of unconsolidated affiliate increased by $102,816, or 13%. See Note 5 of the consolidated financial statements for additional information related to the MVP.
Other income, net increased by $228,788, or 49%, primarily due to increased interest income and postretirement income, partially offset by a decrease in revenue sharing related to the renewed asset management agreement.
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-08-06
On April 6, 2026, the Company implemented a new system of record for revenue transactions with customers. In connection with this implementation, the Company has enhanced its processes and procedures, which has resulted in changes to internal control over financial reporting, to align with the upgra…
Management routinely reviews the Company’s internal control over financial reporting and makes changes, as necessary, to enhance the effectiveness of the internal controls. Except for the implementation of the new revenue system, there were no other changes in internal control over financial reporti…
10.3 Interest Rate Swap Confirmation by and between Roanoke Gas Company and Pinnacle Bank, executed on June 2, 2026 (incorporated herein by reference to Exhibit 10.3 on Form 8-K as filed June 4, 2026).
Text removed vs the prior filing · source: 10-Q · 2026-05-07
Management routinely reviews the Company’s internal control over financial reporting and makes changes, as necessary, to enhance the effectiveness of the internal controls. There were no changes in internal control over financial reporting that occurred during the three months ended March 31, 2026, …
On April 1, 2026, the Company implemented a new system of record for revenue transactions with customers. While the Company expects this implementation to either strengthen or have minimal impact to existing internal controls, we will continue to evaluate and monitor our internal control over financ…
Risks associated with the operation of a natural gas distribution pipeline and LNG storage facility.
Numerous potential risks are inherent in the operation of a natural gas distribution system and LNG storage facility, including unanticipated or unforeseen events that are beyond the control of the Company. Examples of such events include adverse weather conditions, acts of terrorism or sabotage, ac…
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-08-06
On April 6, 2026, the Company implemented a new system of record for revenue transactions with customers. In connection with this implementation, the Company has enhanced its processes and procedures, which has resulted in changes to internal control over financial reporting, to align with the upgra…
Management routinely reviews the Company’s internal control over financial reporting and makes changes, as necessary, to enhance the effectiveness of the internal controls. Except for the implementation of the new revenue system, there were no other changes in internal control over financial reporti…
10.3 Interest Rate Swap Confirmation by and between Roanoke Gas Company and Pinnacle Bank, executed on June 2, 2026 (incorporated herein by reference to Exhibit 10.3 on Form 8-K as filed June 4, 2026).
Text removed vs the prior filing · source: 10-Q · 2026-05-07
Management routinely reviews the Company’s internal control over financial reporting and makes changes, as necessary, to enhance the effectiveness of the internal controls. There were no changes in internal control over financial reporting that occurred during the three months ended March 31, 2026, …
On April 1, 2026, the Company implemented a new system of record for revenue transactions with customers. While the Company expects this implementation to either strengthen or have minimal impact to existing internal controls, we will continue to evaluate and monitor our internal control over financ…
Risks associated with the operation of a natural gas distribution pipeline and LNG storage facility.
Numerous potential risks are inherent in the operation of a natural gas distribution system and LNG storage facility, including unanticipated or unforeseen events that are beyond the control of the Company. Examples of such events include adverse weather conditions, acts of terrorism or sabotage, ac…
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-08-06
10.3 Interest Rate Swap Confirmation by and between Roanoke Gas Company and Pinnacle Bank, executed on June 2, 2026 (incorporated herein by reference to Exhibit 10.3 on Form 8-K as filed June 4, 2026).
Text removed vs the prior filing · source: 10-Q · 2026-05-07
Risks associated with the operation of a natural gas distribution pipeline and LNG storage facility.
Numerous potential risks are inherent in the operation of a natural gas distribution system and LNG storage facility, including unanticipated or unforeseen events that are beyond the control of the Company. Examples of such events include adverse weather conditions, acts of terrorism or sabotage, ac…
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-06
10.3 Interest Rate Swap Confirmation by and between Roanoke Gas Company and Pinnacle Bank, executed on June 2, 2026 (incorporated herein by reference to Exhibit 10.3 on Form 8-K as filed June 4, 2026).
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice