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Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
OPERATING REVENUES:        
Operating revenues $ 22,437,731 $ 25,274,959 $ 42,223,184 $ 46,491,706
OPERATING EXPENSES:        
Operations and maintenance 4,110,149 3,714,084 8,027,619 7,236,083
General taxes 587,873 556,336 1,131,110 1,064,225
Depreciation and amortization 1,988,216 1,905,475 3,976,721 3,810,950
Total operating expenses 15,438,115 19,071,476 30,141,589 37,024,001
OPERATING INCOME 6,999,616 6,203,483 12,081,595 9,467,705
Equity in earnings of unconsolidated affiliate 1,188,593 698,175 2,282,679 1,261,224
Other income, net 317,892 121,709 475,535 247,595
Interest expense 1,038,293 892,649 2,123,478 1,709,431
INCOME BEFORE INCOME TAXES 7,467,808 6,130,718 12,716,331 9,267,093
INCOME TAX EXPENSE 1,787,492 1,460,628 3,029,079 2,162,841
NET INCOME $ 5,680,316 $ 4,670,090 $ 9,687,252 $ 7,104,252
BASIC EARNINGS PER COMMON SHARE (in dollars per share) $ 0.70 $ 0.58 $ 1.20 $ 0.89
DILUTED EARNINGS PER COMMON SHARE (in dollars per share) 0.70 0.58 1.19 0.88
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.175 $ 0.165 $ 0.35 $ 0.33
Gas Utility [Member]        
OPERATING REVENUES:        
Operating revenues $ 22,275,719 $ 25,058,749 $ 41,901,325 $ 46,095,330
OPERATING EXPENSES:        
Cost of gas and sales 8,672,997 12,771,338 16,850,803 24,677,797
Non Utility [Member]        
OPERATING REVENUES:        
Operating revenues 162,012 216,210 321,859 396,376
OPERATING EXPENSES:        
Cost of gas and sales $ 78,880 $ 124,243 $ 155,336 $ 234,946