New Jersey Resources(US:NJR)2025-05-06 11:29Financial Performance & Guidance - NJR increased its Fiscal Year 2025 NFEPS guidance by $010 to a range of $315 to $330[5, 17] - The company anticipates a long-term annual NFEPS growth rate of 7-9%[3, 17] - For Q2 2025, the company reported EPS of $204 and NFEPS of $178[14] - Fiscal Year-to-Date 2025 consolidated NFE reached $3072 million[37, 38] Segment Contributions - New Jersey Natural Gas (NJNG) is expected to contribute 65-68% to the Fiscal Year 2025 NFEPS[20] - Clean Energy Ventures (CEV) is projected to contribute 19-22% to the Fiscal Year 2025 NFEPS[20] - Energy Services (ES) is expected to contribute 9-11% to the Fiscal Year 2025 NFEPS[20] Capital Investments & Growth - NJR's capital plan for Fiscal Years 2025 and 2026 is projected to be approximately $13 billion to $16 billion[41] - NJNG's capital expenditures through Q2 reached approximately $254 million[23] - CEV has approximately 417 MW of commercial solar capacity in service as of April 30, 2025[24, 25] Credit & Liquidity - NJR has substantial liquidity with $825 million of credit facilities available through Fiscal Year 2029[45, 63] - The company projects cash flow from operations of $900 million to $1 billion over the next two years[45] - NJR's adjusted funds from operations to adjusted debt is estimated to be in the range of 19-21% for Fiscal Year 2025[44]