Adjusted Earnings Per Share Growth
Reported adjusted earnings per share of $1.04 for Q2 2025, up 21% from Q2 2024, marking the fourth consecutive quarterly increase in earnings.
Capital Investment and Expansion
Increased 2025 full year capital expenditure guidance to $375 million to $425 million, a $50 million increase over the prior range, driven by growing demand for natural gas.
Customer Growth
Year-to-date residential customer growth of 4.2% in Delmarva and 3% in Florida compared with the first half of last year.
Regulatory Success
Final orders received for rate cases in Maryland, Delaware, and Florida, resulting in annual revenue increases of $3.5 million, $6.1 million, and $8.6 million respectively.
Unregulated Business Growth
Marlin Virtual Pipeline services and Full Circle Dairy RNG production facility contributed to a $3.5 million increase in gross margin.