Strong Financial Performance
Third quarter adjusted net earnings from continuing operations were $71.7 million, up approximately 10% from $64.9 million in 2024. Adjusted net earnings per share increased by 13% from $0.08 in Q3 2024 to $0.09 in Q3 2025.
Leadership Announcement
Robert Stefani will join as Chief Financial Officer on January 5, 2026, bringing extensive experience from Southwest Gas Holdings and PECO Energy.
Regulatory Progress
Approval of EnergyNorth rate case settlement and pending CalPeco rate case settlement, with ongoing hearings for New England Natural Gas and Litchfield Park cases.
Operational Improvements
Lower operating and interest expenses contributed positively to the quarter, with a reduction in interest expenses by $8.9 million.