XML 16 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Revenues $ 32,659,376 $ 38,029,657 $ 57,078,728 $ 71,311,992
OPERATING EXPENSES:        
Operations and maintenance 5,322,655 4,090,728 9,657,852 8,011,241
General taxes 703,211 638,229 1,335,456 1,227,279
Depreciation and amortization 2,697,707 2,419,541 5,395,414 4,839,082
Total operating expenses 24,029,667 28,438,235 41,796,982 56,176,085
OPERATING INCOME 8,629,709 9,591,422 15,281,746 15,135,907
Equity in earnings of unconsolidated affiliate 1,229,384 2,867 2,697,219 4,099
Other income, net 89,487 121,824 210,273 196,430
Interest expense 1,566,613 1,395,862 3,202,886 2,765,026
INCOME BEFORE INCOME TAXES 8,381,967 8,320,251 14,986,352 12,571,410
INCOME TAX EXPENSE 1,938,577 1,978,365 3,522,970 2,973,119
NET INCOME $ 6,443,390 $ 6,341,886 $ 11,463,382 $ 9,598,291
BASIC EARNINGS PER COMMON SHARE (in dollars per share) $ 0.63 $ 0.64 $ 1.14 $ 0.97
DILUTED EARNINGS PER COMMON SHARE (in dollars per share) 0.63 0.64 1.13 0.97
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.2 $ 0.1975 $ 0.4 $ 0.395
Gas Utility [Member]        
Revenues $ 32,632,331 $ 38,000,977 $ 57,024,185 $ 71,253,744
OPERATING EXPENSES:        
Cost of gas and sale 15,299,390 21,285,057 25,396,406 42,089,210
Non-utility [Member]        
Revenues 27,045 28,680 54,543 58,248
OPERATING EXPENSES:        
Cost of gas and sale $ 6,704 $ 4,680 $ 11,854 $ 9,273