New Jersey Resources Corporation Q2 2026 Earnings Call Summary
Performance was driven by record-high gas send-out days during sustained freezing temperatures in January and February, validating years of disciplined infrastructure investment. The Energy Services segment delivered exceptional results by capturing market opportunities during the demanding winter period, leading to a second guidance increase for the fiscal year. New Jersey Natural Gas mitigated customer exposure to extreme price volatility by entering the winter 87% hedged, avoiding Citygate prices t ...