Description
New Jersey Resources Corporation: Storage & Transportation Optimization to Support Overall Growth Strategy!
New Jersey Resources Corporation, in its fiscal 2025 first-quarter performance, demonstrated substantial growth across various segments, although it faced certain challenges. During the quarter, the company successfully executed its strategic objectives, with New Jersey Natural Gas (NJNG) achieving a notable milestone by implementing new rates. This allowed for the recovery of $850 million in investments since the last rate update, establishing a rate base of $3.2 billion. The initiation of the SAVEGREEN energy efficiency program, the largest in NJNG’s history, marks a significant undertaking aiming to enhance efficiency through to mid-2027, and these
investments are expected to incrementally contribute to the rate base.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
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