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Fiscal 2024 NFE Guidance:
NJR is raising its fiscal 2024 NFEPS guidance range by $0.15 to a range of $2.85 to $3.00, subject to the risks and uncertainties identified below under "Forward-Looking Statements."
In fiscal 2024, NJR expects Energy Services will represent a higher percentage of NFEPS than in prior years due to contributions from the Asset Management Agreements signed in 2020. The following chart represents NJR's current expected contributions from its business segments for fiscal 2024:
|
Company |
Expected Fiscal 2024 Net Financial Earnings Contribution |
|
New Jersey Natural Gas |
40 to 45 percent |
|
Clean Energy Ventures |
12 to 17 percent |
|
Storage and Transportation |
3 to 7 percent |
|
Energy Services |
38 to 43 percent |
|
Home Services and Other |
0 to 1 percent |
Posted In: NJR
