New Jersey Resources: Will Its Strategic Investments in Infrastructure Yield Results?

New Jersey Resources (NJR) demonstrated strong financial performance during the second quarter of fiscal year 2025, underscoring its strategic focus on disciplined capital deployment and operational excellence. NJR raised its guidance for net financial earnings per share (NFEPS) from a range of $3.05 to $3.20 to $3.15 to $3.30, supported by robust performance in its wholesale gas marketing segment, NJR Energy Services, which capitalized on winter pricing volatility. This adjustment represents a positive indication of NJR’s ability to exceed its long-term NFEPS growth target of 7% to 9%.