ADDED
false --09-30 FY 2025 In an effort to mitigate cyber intrusions, the Company has implemented a cybersecurity program intended to protect and preserve the integrity, confidentiality and reliability of data and systems.
as of March 31, 2025, the last business day of the its most recently completed second fiscal quarter, based on the last sale price on that date, as reported by Nasdaq , was approximately $ 171,906,919 .
Securities and Exchange Commission SOC Security Operations Center SOFR Secured Overnight Financing Rate Southgate Mountain Valley Pipeline, LLC s Southgate project, which is a project to construct and operate an extending FERC-regulated natural gas pipeline from the MVP in south central Virginia to North Carolina, of which Midstream owns less than 1% WNA Weather Normalization Adjustment, an ARP mechanism which adjusts revenues for the effects of weather temperature variations as compared to the 30-year average Some of the terms above may not be included in this filing.
For the fiscal year ended September 30, 2025, approximately 63% of the Company s total DTH of natural gas deliveries and 76% of the residential and commercial deliveries were made in the five-month period of November through March.
The Company currently contracts with an asset manager to manage its pipeline transportation, storage rights, gas supply inventories and deliveries and serve as the primary supplier of natural gas for Roanoke Gas.
T he current asset management agreement expires March 31, 2028.
Total volume produced from RNG is less than 1% of current system demand.
Competition from renewable energy sources for generating electricity, such as solar and wind, is likely to increase as certain laws currently favor these energy sources or place restrictions on emissions from the burning of fossil fuels.
Human Capital Resources At September 30, 2025, Resources had 106 full-time employees.
Security incident or cyber attacks on the Company s computer or information technology systems.
REMOVED
as of March 31, 2024, the last business day of the its most recently completed second fiscal quarter, based on the last sale price on that date, as reported by N ASDAQ, was approximately $ 165,308,218 .
For the fiscal year ended September 30, 2024, approximately 60% of the Company s total DTH of natural gas deliveries and 72% of the residential and commercial deliveries were made in the five-month period of November through March.
The Company currently contracts with Sequent Energy Management, L.P.
to manage its pipeline transportation, storage rights, gas supply inventories and deliveries and serve as the primary supplier of natural gas for Roanoke Gas.
The Company also contracts with Tenaska Marketing Ventures to manage its pipeline transportation and deliveries on Mountain Valley Pipeline.
Total volume produced from RNG is expected to be less than 1% of current system demand.
Unlike the CPCNs for the other counties served by Roanoke Gas, the Franklin County CPCN was scheduled to terminate within five years of the date of the order if Roanoke Gas did not furnish gas service to the designated service area.
In November 2023, the SCC granted Roanoke Gas a three-year extension on the CPCN.
Competition from renewable energy sources for generating electricity, such as solar and wind, is likely to increase as the political environment currently favors these energy sources through incentives or by placing restrictions on emissions from the burning of fossil fuels.
Human Capital Resources At September 30, 2024, Resources had 104 full-time employees.