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Operator
Good day, and thank you for standing by. Welcome to the New Jersey Resources Second Quarter Fiscal 2021 Conference Call. [Operator Instructions]
I would now like to hand the conference over to your speaker today, Dennis Puma, Director of Investor Relations. Please go ahead.
Dennis Puma
Director, Investor Relations
Okay. Thank you, Christie, and good morning, everyone. Welcome to New Jersey Resources Second Quarter Fiscal 21 Conference Call and Webcast. I m joined here today by Steve Westhoven, our President and CEO; Pat Migliaccio, our Senior Vice President and Chief Financial Officer; as well as other members of our senior management team. As you know, certain statements in today s call contain estimates and other forward-looking statements within the meaning of the securities laws. We caution listeners of this call that the current expectations, assumptions and beliefs forming the basis for our forward-looking statements include many factors that are beyond our ab
New Jersey Resources Corp (NJR) Q2 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
New Jersey Resources Corp (NYSE: NJR)
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Operator
Good day, and thank you for standing by. Welcome to the New Jersey Resources Second Quarter Fiscal 2021 Conference Call. [Operator Instructions]
I would now like to hand the conference over to your speaker today, Dennis Puma, Director of Investor Relations. Please go ahead.SPONSORED:
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The natural gas storage report from the EIA for the week ending April 23rd indicated that the amount of natural gas held in underground storage in the US rose by 15 billion cubic feet to 1,898 billion cubic feet by the end of the week, which left our gas supplies 302 billion cubic feet, or 13.7% below the 2,200 billion cubic feet that were in storage on April 23rd of last year, and 40 billion cubic feet, or 2.1% below the five-year average of 1,938 billion cubic feet of natural gas that have been in storage as of the 23rd of April in recent years..the 15 billion cubic feet that were added to US natural gas storage this week was more than the average forecast of a 9 billion cubic foot addition from an S&P Global Platts survey of analysts, but measured well below the average addition of 67 billion cubic feet of natural gas that have typically been injected into natural gas storage during the same week over the past 5 years, as well as well below the 66 billion cubic feet added to natur
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