Key Points – NJR raised and narrowed its fiscal 2026 earnings guidance to $3.52–$3.62 per share, citing stronger contributions from Clean Energy Ventures and Storage and Transportation.
Third-quarter net financial earnings rose to $11.3 million, or $0.11 per share, from $6.2 million a year earlier. – The company increased its fiscal 2026 capital-investment outlook to $815 million–$950 million, primarily for New Jersey Natural Gas safety, reliability and infrastructure projects, while reaffirming its $4.8 billion–$5.2 billion five-year capital plan through fiscal 2030. – NJR highlighted growth opportunities in storage, transportation and clean energy, including the Adelphia Gateway expansion and potential capacity additions using existing infrastructure
New Jersey Natural Gas also filed proposals intended to provide customer bill relief while maintaining long-term system investments. NewJersey Resources (NYSE:NJR) tightened its fiscal 2026 net financial earnings per share guidance after reporting higher third-quarter earnings, citing improved contributions from its Clean Energy Ventures and Storage and Transportation businesses. The company now expects fiscal 2026 net financial earnings per share of $3.52 to $3.62, narrowing its prior range while raising its midpoint.
Chief Financial Officer Roberto Bel said the update reflects increased visibility into full-year results and benefits from the company’s diversified business model. Third-quarter consolidated net financial earnings totaled $11.3 million, or $0.11 per share, compared with $6.2 million, or $0.06 per share, in the corresponding fiscal 2025 period. Bel attributed the improvement to additional Clean Energy Ventures projects entering service and favorable recontracting activity at Storage and Transportation.