New Jersey Resources Key Executives

This section highlights New Jersey Resources's key executives, including their titles and compensation details.

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New Jersey Resources Earnings

This section highlights New Jersey Resources's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: May 05, 2025
Time: After Market
Est. EPS: $1.65
Status: Unconfirmed

Last Earnings Results

Date: February 03, 2025
EPS: $1.29
Est. EPS: $1.14
Revenue: $488.36M

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q1 2025 2025-02-04 N/A N/A
Read Transcript Q4 2024 2024-11-26 N/A N/A
Read Transcript Q3 2024 2024-08-06 $-0.02 $-0.09
Read Transcript Q2 2024 2024-05-07 $1.33 $1.41
Read Transcript Q1 2024 2024-02-06 $0.75 $0.74
Read Transcript Q4 2023 2023-11-21 $0.30 $0.30
Read Transcript Q3 2023 2023-08-06 N/A N/A
Read Transcript Q2 2023 2023-05-05 N/A N/A
Read Transcript Q1 2023 2023-02-02 $0.72 $1.14

Financial Statements

Access annual & quarterly financial statements for New Jersey Resources, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown September 30, 2024 September 30, 2023 September 30, 2022 September 30, 2021 September 30, 2020
Revenue $1.80B $1.96B $2.91B $2.16B $1.95B
Cost of Revenue $1.10B $1.35B $2.31B $1.72B $1.58B
Gross Profit $696.47M $610.48M $595.16M $438.04M $370.81M
Gross Profit Ratio 38.77% 31.10% 20.48% 20.31% 18.98%
Research and Development Expenses $- $- $- $- $-
General and Administrative Expenses $- $- $59.44M $38.30M $34.53M
Selling and Marketing Expenses $- $- $- $- $-
Selling General and Administrative Expenses $- $10.46M $59.44M $38.30M $34.53M
Other Expenses $226.89M $193.02M $129.25M $111.39M $107.37M
Operating Expenses $226.89M $203.48M $188.69M $149.69M $141.90M
Cost and Expenses $1.34B $1.56B $2.50B $1.87B $1.72B
Interest Income $- $- $2.72M $2.58M $4.39M
Interest Expense $130.28M $123.01M $85.83M $78.56M $67.60M
Depreciation and Amortization $166.57M $155.21M $137.61M $120.58M $117.57M
EBITDA $671.52M $594.06M $565.01M $433.52M $370.36M
EBITDA Ratio 37.38% 30.26% 19.44% 20.10% 18.96%
Operating Income $458.10M $407.00M $406.48M $288.35M $228.91M
Operating Income Ratio 25.50% 20.73% 13.99% 13.37% 11.72%
Total Other Income Expenses Net $-88.72M $-96.93M $-63.53M $-53.96M $-43.72M
Income Before Tax $369.38M $310.07M $342.94M $234.39M $185.19M
Income Before Tax Ratio 20.56% 15.80% 11.80% 10.87% 9.48%
Income Tax Expense $84.91M $49.27M $76.19M $33.29M $36.49M
Net Income $289.77M $264.72M $274.92M $201.10M $163.01M
Net Income Ratio 16.13% 13.49% 9.46% 9.32% 8.34%
EPS $2.94 $2.73 $2.86 $2.09 $1.72
EPS Diluted $2.92 $2.71 $2.85 $2.08 $1.71
Weighted Average Shares Outstanding 98.63M 97.03M 96.10M 96.23M 94.80M
Weighted Average Shares Outstanding Diluted 99.29M 97.63M 96.49M 96.56M 95.10M
SEC Filing Source Source Source Source Source


Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Revenue $488.36M $395.78M $275.64M $661.56M $467.21M $331.32M $264.07M $644.03M $723.57M $765.49M $552.34M $912.32M $675.84M $532.53M $367.59M $802.19M $454.31M $400.04M $298.97M $639.61M
Cost of Revenue $88.63M $197.53M $220.45M $483.81M $271.92M $224.72M $214.34M $417.60M $495.84M $646.53M $481.29M $711.10M $471.89M $496.27M $361.83M $555.72M $304.76M $328.05M $282.49M $498.29M
Gross Profit $399.73M $198.25M $55.19M $177.76M $195.29M $106.60M $49.73M $226.43M $227.72M $118.95M $71.04M $201.22M $203.95M $36.26M $5.77M $246.47M $149.54M $71.99M $16.49M $141.33M
Gross Profit Ratio 81.85% 50.09% 20.02% 26.87% 41.80% 32.17% 18.83% 35.16% 31.47% 15.54% 12.86% 22.06% 30.18% 6.81% 1.57% 30.72% 32.92% 18.00% 5.52% 22.10%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $- $- $- $- $- $- $6.12M $23.15M $- $3.50M $8.36M $30.91M $16.67M $3.73M $5.46M $18.41M $10.70M $1.99M $5.46M $15.33M
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $- $- $49.25M $2.77M $2.74M $2.81M $6.12M $23.15M $2.64M $3.50M $8.36M $30.91M $16.67M $3.73M $5.46M $18.41M $10.70M $1.99M $5.46M $15.33M
Other Expenses $298.78M $48.86M $- $15.42M $6.34M $10.94M $5.71M $38.09M $54.93M $34.55M $4.29M $31.43M $4.14M $10.66M $4.82M $5.01M $4.12M $13.62M $2.71M $7.26M
Operating Expenses $298.78M $48.86M $43.29M $69.30M $59.48M $42.31M $45.00M $61.24M $54.93M $38.05M $41.23M $62.34M $47.06M $33.14M $33.22M $45.26M $38.06M $32.13M $36.68M $46.11M
Cost and Expenses $387.42M $249.65M $261.04M $483.81M $331.39M $267.03M $259.34M $478.84M $550.78M $684.58M $522.53M $773.44M $518.96M $529.41M $395.05M $600.98M $342.82M $360.18M $319.17M $544.40M
Interest Income $- $- $- $- $2.03M $2.33M $2.39M $2.24M $1.96M $1.04M $- $- $- $- $- $- $- $- $- $-
Interest Expense $33.89M $36.01M $31.17M $31.62M $31.47M $33.14M $30.12M $30.26M $29.49M $26.02M $21.41M $18.93M $19.48M $19.88M $18.74M $20.15M $19.79M $17.18M $15.14M $19.20M
Depreciation and Amortization $45.33M $45.30M $40.91M $40.22M $40.40M $39.78M $39.38M $38.84M $37.21M $36.22M $34.59M $33.98M $31.87M $31.55M $29.46M $30.17M $27.36M $30.14M $31.22M $30.78M
EBITDA $246.52M $202.96M $56.10M $225.57M $182.56M $121.78M $50.02M $208.46M $214.31M $126.50M $68.68M $176.98M $192.89M $45.33M $6.82M $236.38M $142.96M $85.17M $13.74M $133.26M
EBITDA Ratio 50.48% 51.28% 20.35% 34.10% 39.07% 36.76% 18.94% 32.37% 29.62% 16.53% 12.43% 19.40% 28.54% 8.51% 1.85% 29.47% 31.47% 21.29% 4.60% 20.83%
Operating Income $189.58M $146.13M $5.94M $177.76M $135.82M $64.29M $4.73M $165.18M $172.79M $80.91M $29.81M $138.88M $156.88M $3.12M $-27.46M $201.21M $111.48M $39.86M $-20.19M $95.22M
Operating Income Ratio 38.82% 36.92% 2.15% 26.87% 29.07% 19.40% 1.79% 25.65% 23.88% 10.57% 5.40% 15.22% 23.21% 0.59% -7.47% 25.08% 24.54% 9.96% -6.75% 14.89%
Total Other Income Expenses Net $-22.27M $-25.77M $-21.61M $-23.73M $-25.13M $-22.20M $-24.41M $-25.48M $-24.84M $-16.27M $-17.12M $-14.80M $-15.34M $-9.22M $-13.93M $-15.15M $-15.67M $-20.08M $-15.78M $-15.21M
Income Before Tax $167.30M $120.35M $-15.68M $154.02M $110.69M $42.09M $-19.67M $139.70M $147.95M $64.63M $12.69M $124.08M $141.54M $-6.10M $-41.38M $186.06M $95.81M $36.30M $-32.62M $83.27M
Income Before Tax Ratio 34.26% 30.41% -5.69% 23.28% 23.69% 12.70% -7.45% 21.69% 20.45% 8.44% 2.30% 13.60% 20.94% -1.15% -11.26% 23.19% 21.09% 9.07% -10.91% 13.02%
Income Tax Expense $37.38M $30.79M $-2.76M $33.95M $22.94M $6.22M $-20.50M $30.59M $32.98M $12.14M $4.43M $28.81M $30.81M $-4.43M $-18.79M $39.06M $17.44M $-2.85M $-2.19M $-1.64M
Net Income $131.32M $91.13M $-11.57M $120.81M $89.41M $37.02M $1.53M $110.25M $115.92M $54.52M $13.05M $96.03M $111.31M $-1.13M $-111.83M $149.81M $81.05M $43.27M $-27.22M $88.50M
Net Income Ratio 26.89% 23.02% -4.20% 18.26% 19.14% 11.17% 0.58% 17.12% 16.02% 7.12% 2.36% 10.53% 16.47% -0.21% -30.42% 18.68% 17.84% 10.82% -9.10% 13.84%
EPS $1.32 $0.00 $-0.12 $1.23 $0.91 $0.38 $0.02 $1.14 $1.20 $0.57 $0.14 $1.00 $1.16 $-0.01 $-1.16 $1.56 $0.84 $0.45 $-0.28 $0.93
EPS Diluted $1.31 $0.00 $-0.12 $1.22 $0.91 $0.38 $0.02 $1.13 $1.19 $0.56 $0.14 $1.00 $1.16 $-0.01 $-1.16 $1.55 $0.84 $0.45 $-0.28 $0.92
Weighted Average Shares Outstanding 99.86M - 98.98M 98.38M 97.87M 97.57M 97.17M 96.89M 96.48M 96.23M 96.15M 96.07M 95.94M 96.20M 96.35M 96.25M 96.11M 95.93M 95.76M 95.58M
Weighted Average Shares Outstanding Diluted 100.48M - 98.98M 99.10M 98.56M 98.19M 97.89M 97.56M 97.08M 96.63M 96.62M 96.52M 96.36M 96.20M 96.35M 96.62M 96.42M 96.26M 95.76M 95.89M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown September 30, 2024 September 30, 2023 September 30, 2022 September 30, 2021 September 30, 2020
Cash and Cash Equivalents $1.02M $954.00K $1.11M $4.75M $117.01M
Short Term Investments $1 $- $- $- $-
Cash and Short Term Investments $1.02M $954.00K $1.11M $4.75M $117.01M
Net Receivables $117.12M $120.70M $271.19M $249.75M $160.46M
Inventory $237.61M $226.52M $293.97M $213.17M $187.91M
Other Current Assets $198.85M $155.95M $189.82M $166.61M $156.95M
Total Current Assets $554.60M $532.08M $756.09M $634.27M $622.33M
Property Plant Equipment Net $5.59B $5.20B $4.82B $4.39B $3.85B
Goodwill $- $- $- $- $-
Intangible Assets $10.52M $8.45M $8.47M $10.61M $14.77M
Goodwill and Intangible Assets $10.52M $8.45M $8.47M $10.61M $14.77M
Long Term Investments $101.74M $104.13M $106.57M $114.53M $208.38M
Tax Assets $20.75M $28.38M $81.66M $525.50M $530.81M
Other Non-Current Assets $706.33M $666.65M $490.19M $49.92M $85.66M
Total Non-Current Assets $6.43B $6.01B $5.51B $5.09B $4.69B
Other Assets $- $- $- $- $-
Total Assets $6.98B $6.54B $6.26B $5.72B $5.32B
Account Payables $226.75M $203.93M $392.48M $393.06M $238.24M
Short Term Debt $493.29M $373.03M $503.58M $454.44M $159.31M
Tax Payables $10.59M $10.09M $5.13M $3.36M $2.72M
Deferred Revenue $60.17M $61.40M $68.79M $32.59M $25.93M
Other Current Liabilities $96.98M $158.16M $167.41M $200.56M $133.46M
Total Current Liabilities $887.77M $806.60M $1.10B $1.05B $533.72M
Long Term Debt $3.04B $2.92B $2.62B $2.30B $2.35B
Deferred Revenue Non-Current $3.10M $659.00K $753.00K $847.00K $1.03M
Deferred Tax Liabilities Non-Current $360.94M $287.86M $241.64M $166.54M $141.41M
Other Non-Current Liabilities $490.63M $535.60M $473.88M $569.09M $641.91M
Total Non-Current Liabilities $3.89B $3.74B $3.34B $3.04B $3.14B
Other Liabilities $- $- $- $- $-
Total Liabilities $4.78B $4.55B $4.44B $4.09B $3.67B
Preferred Stock $- $- $- $- $-
Common Stock $248.16M $243.46M $241.62M $240.64M $240.24M
Retained Earnings $1.30B $1.18B $1.07B $934.61M $947.50M
Accumulated Other Comprehensive Income Loss $-6.52M $10.79M $-4.83M $-34.53M $-44.31M
Other Total Stockholders Equity $660.03M $558.65M $512.89M $490.14M $500.47M
Total Stockholders Equity $2.20B $1.99B $1.82B $1.63B $1.64B
Total Equity $2.20B $1.99B $1.82B $1.63B $1.64B
Total Liabilities and Stockholders Equity $6.98B $6.54B $6.26B $5.72B $5.32B
Minority Interest $- $- $- $- $-
Total Liabilities and Total Equity $6.98B $6.54B $6.26B $5.72B $5.32B
Total Investments $101.74M $104.13M $106.57M $114.53M $208.38M
Total Debt $3.52B $3.29B $3.13B $2.76B $2.51B
Net Debt $3.52B $3.29B $3.13B $2.75B $2.40B


Balance Sheet Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Cash and Cash Equivalents $1.91M $1.02M $22.40M $24.35M $2.74M $954.00K $511.00K $27.09M $2.41M $1.11M $27.69M $13.91M $1.26M $4.75M $4.72M $57.65M $22.36M $117.01M $42.82M $25.97M
Short Term Investments $- $1 $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Cash and Short Term Investments $1.91M $1.02M $22.40M $24.35M $2.74M $954.00K $511.00K $27.09M $2.41M $1.11M $27.69M $13.91M $1.26M $4.75M $4.72M $57.65M $22.36M $117.01M $42.82M $25.97M
Net Receivables $- $117.12M $138.09M $268.25M $276.42M $148.65M $150.62M $242.65M $489.91M $271.19M $296.54M $312.20M $338.24M $249.75M $229.69M $265.28M $253.19M $160.46M $170.37M $231.22M
Inventory $- $237.61M $163.88M $111.36M $224.57M $226.52M $185.86M $108.52M $275.99M $293.97M $225.84M $88.16M $262.03M $213.17M $145.27M $93.68M $182.12M $187.91M $142.09M $94.17M
Other Current Assets $728.80M $198.85M $228.31M $169.07M $173.23M $155.95M $183.37M $237.70M $243.51M $189.82M $190.01M $141.78M $158.79M $166.61M $138.58M $118.62M $151.54M $156.95M $165.80M $149.51M
Total Current Assets $730.70M $554.60M $534.39M $553.71M $676.96M $532.08M $520.36M $615.97M $1.01B $756.09M $740.08M $556.04M $760.32M $634.27M $518.26M $535.23M $609.20M $622.33M $521.08M $500.87M
Property Plant Equipment Net $5.61B $5.59B $5.47B $5.34B $5.27B $5.20B $5.06B $4.99B $4.92B $4.82B $4.71B $4.62B $4.52B $4.39B $4.17B $4.06B $3.96B $3.85B $4.01B $3.90B
Goodwill $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Intangible Assets $10.56M $10.52M $10.25M $9.73M $9.11M $8.45M $8.19M $8.04M $8.47M $8.47M $8.80M $9.16M $9.80M $10.61M $11.33M $11.95M $14.89M $14.77M $11.01M $11.43M
Goodwill and Intangible Assets $10.56M $10.52M $10.25M $9.73M $9.11M $8.45M $8.19M $8.04M $8.47M $8.47M $8.80M $9.16M $9.80M $10.61M $11.33M $11.95M $14.89M $14.77M $11.01M $11.43M
Long Term Investments $101.61M $101.74M $100.82M $147.00M $103.27M $104.13M $104.43M $105.12M $106.17M $106.57M $108.25M $109.98M $114.25M $114.53M $117.02M $214.52M $211.58M $208.38M $205.80M $204.25M
Tax Assets $23.30M $20.75M $22.57M $22.85M $22.90M $28.38M $25.54M $36.07M $255.07M $81.66M $536.03M $16.91M $14.86M $23.80M $540.25M $166.24M $166.13M $-9.09M $457.46M $318.00K
Other Non-Current Assets $716.29M $706.33M $645.63M $571.36M $664.41M $666.65M $597.13M $540.15M $312.89M $490.19M $58.25M $559.87M $565.21M $551.63M $48.54M $437.72M $438.15M $625.56M $81.09M $539.09M
Total Non-Current Assets $6.46B $6.43B $6.25B $6.09B $6.07B $6.01B $5.79B $5.68B $5.60B $5.51B $5.42B $5.31B $5.22B $5.09B $4.89B $4.89B $4.79B $4.69B $4.76B $4.65B
Other Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $0 $- $- $- $-
Total Assets $7.19B $6.98B $6.78B $6.65B $6.75B $6.54B $6.31B $6.30B $6.61B $6.26B $6.16B $5.87B $5.98B $5.72B $5.41B $5.43B $5.40B $5.32B $5.28B $5.16B
Account Payables $201.92M $226.75M $198.82M $192.47M $182.66M $203.93M $169.52M $198.69M $269.46M $392.48M $332.35M $266.78M $318.99M $393.06M $278.76M $256.14M $231.41M $238.24M $192.46M $220.57M
Short Term Debt $433.74M $484.88M $449.19M $349.31M $493.07M $373.03M $312.81M $162.79M $549.23M $503.58M $399.95M $331.63M $566.94M $454.44M $32.21M $35.14M $35.66M $159.31M $583.52M $492.78M
Tax Payables $10.59M $10.59M $8.61M $16.05M $10.80M $10.09M $11.48M $15.79M $10.50M $5.13M $6.99M $32.15M $6.60M $3.36M $4.27M $41.46M $1.84M $2.72M $5.35M $4.23M
Deferred Revenue $64.81M $60.17M $99.57M $109.70M $163.98M $106.31M $72.73M $66.77M $80.52M $68.79M $68.27M $74.40M $91.52M $32.59M $22.70M $20.76M $32.95M $25.93M $20.06M $19.33M
Other Current Liabilities $107.61M $117.00M $146.34M $121.57M $156.98M $158.16M $132.67M $475.30M $197.51M $167.41M $184.10M $197.47M $152.39M $200.56M $447.40M $62.56M $346.76M $133.46M $120.93M $106.77M
Total Current Liabilities $818.66M $887.77M $894.35M $789.10M $962.03M $806.60M $668.95M $711.48M $1.07B $1.10B $969.43M $882.14M $1.10B $1.05B $613.63M $416.07M $518.67M $533.72M $902.26M $824.35M
Long Term Debt $3.15B $3.04B $2.95B $2.86B $3.04B $2.92B $2.86B $2.92B $2.97B $2.62B $2.66B $2.46B $2.42B $2.30B $2.44B $2.49B $2.47B $2.35B $1.76B $1.67B
Deferred Revenue Non-Current $32.45M $5.25M $588.00K $612.00K $635.00K $659.00K $30.87M $40.41M $49.94M $753.00K $776.00K $5.09M $14.62M $847.00K $871.00K $894.00K $987.00K $1.03M $1.03M $1.47M
Deferred Tax Liabilities Non-Current $385.45M $358.78M $334.06M $333.10M $301.82M $287.86M $277.74M $283.25M $257.72M $241.64M $204.93M $184.72M $181.58M $166.54M $148.08M $169.41M $169.38M $141.41M $190.92M $191.43M
Other Non-Current Liabilities $496.66M $495.88M $458.45M $486.81M $381.67M $535.60M $475.19M $344.39M $347.26M $473.88M $554.25M $554.30M $554.67M $569.09M $522.37M $529.66M $534.74M $641.91M $588.31M $575.42M
Total Non-Current Liabilities $4.06B $3.89B $3.75B $3.68B $3.72B $3.74B $3.65B $3.58B $3.62B $3.34B $3.42B $3.20B $3.17B $3.04B $3.11B $3.19B $3.18B $3.14B $2.54B $2.44B
Other Liabilities $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $4.88B $4.78B $4.64B $4.47B $4.68B $4.55B $4.32B $4.30B $4.69B $4.44B $4.39B $4.09B $4.26B $4.09B $3.73B $3.60B $3.70B $3.67B $3.44B $3.27B
Preferred Stock $- $- $- $- $8.24B $- $341.49M $- $- $- $- $- $- $- $- $- $- $- $- $-
Common Stock $249.98M $248.16M $247.23M $246.37M $245.01M $243.46M $243.24M $241.92M $241.84M $241.62M $241.60M $241.59M $241.27M $240.64M $240.57M $240.50M $240.37M $240.24M $240.23M $240.22M
Retained Earnings $1.39B $1.30B $1.25B $1.31B $1.23B $1.18B $1.18B $1.22B $1.15B $1.07B $1.05B $1.07B $1.01B $934.61M $970.51M $1.11B $996.58M $947.50M $1.14B $1.19B
Accumulated Other Comprehensive Income Loss $13.73M $-6.52M $217.00K $322.00K $12.57M $10.79M $-3.91M $-4.22M $-4.52M $-4.83M $-31.44M $-32.47M $-33.50M $-34.53M $-41.12M $-42.20M $-43.27M $-44.31M $-34.60M $-34.64M
Other Total Stockholders Equity $663.88M $660.03M $643.17M $626.95M $582.55M $558.65M $574.13M $544.89M $539.69M $512.89M $507.99M $502.82M $498.07M $490.14M $512.10M $509.15M $504.54M $500.47M $496.38M $489.43M
Total Stockholders Equity $2.31B $2.20B $2.14B $2.18B $2.07B $1.99B $2.00B $2.00B $1.92B $1.82B $1.77B $1.78B $1.72B $1.63B $1.68B $1.82B $1.70B $1.64B $1.84B $1.89B
Total Equity $2.31B $2.20B $2.14B $2.18B $2.07B $1.99B $2.00B $2.00B $1.92B $1.82B $1.77B $1.78B $1.72B $1.63B $1.68B $1.82B $1.70B $1.64B $1.84B $1.89B
Total Liabilities and Stockholders Equity $7.19B $6.98B $6.78B $6.65B $6.75B $6.54B $6.31B $6.30B $6.61B $6.26B $6.16B $5.87B $5.98B $5.72B $5.41B $5.43B $5.40B $5.32B $5.28B $5.16B
Minority Interest $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $7.19B $6.98B $6.78B $6.65B $6.75B $6.54B $6.31B $6.30B $6.61B $6.26B $6.16B $5.87B $5.98B $5.72B $5.41B $5.43B $5.40B $5.32B $5.28B $5.16B
Total Investments $101.61M $101.74M $100.82M $147.00M $103.27M $104.13M $104.43M $105.12M $106.17M $106.57M $108.25M $109.98M $114.25M $114.53M $117.02M $214.52M $211.58M $208.38M $205.80M $204.25M
Total Debt $3.58B $3.52B $3.41B $3.23B $3.38B $3.29B $3.18B $3.12B $3.38B $3.13B $3.06B $2.79B $2.98B $2.76B $2.54B $2.41B $2.54B $2.51B $2.34B $2.17B
Net Debt $3.58B $3.52B $3.39B $3.20B $3.38B $3.29B $3.18B $3.10B $3.38B $3.13B $3.04B $2.78B $2.98B $2.75B $2.53B $2.35B $2.51B $2.40B $2.30B $2.14B

Annual Cash Flow

Breakdown September 30, 2024 September 30, 2023 September 30, 2022 September 30, 2021 September 30, 2020
Net Income $289.77M $264.72M $274.92M $117.89M $163.01M
Depreciation and Amortization $166.57M $152.94M $129.25M $111.39M $107.37M
Deferred Income Tax $84.52M $29.87M $81.52M $23.64M $34.99M
Stock Based Compensation $-1.22M $- $14.83M $7.15M $6.54M
Change in Working Capital $-89.01M $91.91M $-67.72M $20.49M $-46.95M
Accounts Receivables $-12.74M $112.63M $-16.66M $-2.41M $-71.91M
Inventory $-11.09M $67.44M $-80.80M $-25.26M $-3.25M
Accounts Payables $15.64M $7.54M $-34.26M $30.06M $20.39M
Other Working Capital $-80.82M $-95.70M $64.00M $18.09M $7.82M
Other Non Cash Items $-23.22M $-60.46M $-109.32M $-44.59M $-31.69M
Net Cash Provided by Operating Activities $427.41M $478.99M $323.48M $390.95M $213.48M
Investments in Property Plant and Equipment $- $-540.92M $-598.43M $-624.61M $-470.17M
Acquisitions Net $- $- $5.48M $-690.00K $-2.12M
Purchases of Investments $- $- $-5.48M $-690.00K $-2.12M
Sales Maturities of Investments $- $- $5.48M $690.00K $2.12M
Other Investing Activities $-569.07M $2.29M $2.34M $3.18M $-521.74M
Net Cash Used for Investing Activities $-569.07M $-538.62M $-590.61M $-622.12M $-994.02M
Debt Repayment $238.14M $157.45M $379.68M $251.62M $786.54M
Common Stock Issued $74.41M $57.80M $14.74M $15.11M $230.98M
Common Stock Repurchased $- $- $- $-27.22M $-
Dividends Paid $-165.06M $-150.97M $-127.70M $-116.96M $-117.80M
Other Financing Activities $-5.72M $-4.58M $-4.18M $-4.76M $-3.81M
Net Cash Used Provided by Financing Activities $141.76M $59.70M $262.54M $117.78M $895.90M
Effect of Forex Changes on Cash $- $- $- $- $-
Net Change in Cash $95.00K $65.00K $-4.59M $-113.38M $115.36M
Cash at End of Period $1.61M $1.52M $1.45M $6.04M $119.42M
Cash at Beginning of Period $1.52M $1.45M $6.04M $119.42M $4.06M
Operating Cash Flow $427.41M $478.99M $323.48M $390.95M $213.48M
Capital Expenditure $- $-540.92M $-598.43M $-624.61M $-470.17M
Free Cash Flow $427.41M $-61.93M $-274.95M $-233.66M $-256.69M

Cash Flow Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Net Income $131.32M $91.13M $-11.57M $120.81M $89.41M $37.02M $1.53M $110.25M $115.92M $54.52M $13.05M $96.03M $111.31M $-1.13M $-111.83M $149.81M $81.05M $43.27M $-27.22M $88.50M
Depreciation and Amortization $45.33M $45.15M $40.91M $40.22M $40.29M $39.29M $38.88M $38.09M $36.68M $34.55M $32.87M $31.43M $30.39M $29.41M $27.77M $26.85M $27.36M $30.14M $31.22M $30.78M
Deferred Income Tax $20.52M $33.73M $297.00K $30.54M $19.94M $18.29M $-25.05M $24.21M $12.41M $44.13M $20.64M $2.06M $14.69M $18.97M $-16.10M $3.02M $17.74M $-6.02M $-3.54M $-2.92M
Stock Based Compensation $- $-2.40M $- $- $1.19M $14.72M $- $- $- $14.83M $- $- $76.00K $7.15M $- $- $76.00K $6.54M $- $-
Change in Working Capital $-153.48M $-92.71M $- $105.18M $-86.19M $17.56M $44.66M $245.80M $-216.11M $-31.81M $-138.90M $199.30M $-96.31M $-34.86M $-10.35M $119.32M $-53.63M $-34.79M $-14.52M $116.89M
Accounts Receivables $-203.09M $21.59M $109.99M $2.06M $-146.38M $-1.17M $64.12M $238.20M $-247.08M $45.18M $45.64M $9.53M $-108.14M $-6.83M $55.15M $15.48M $-108.14M $-32.14M $52.78M $38.62M
Inventory $5.25M $-73.73M $- $113.22M $1.95M $-40.66M $-77.34M $167.47M $17.97M $-68.13M $-137.68M $173.88M $-48.87M $-67.90M $-51.59M $88.44M $5.79M $-45.82M $-47.92M $107.54M
Accounts Payables $-45.97M $17.32M $- $20.19M $-47.80M $27.69M $3.94M $11.27M $-35.36M $35.94M $18.67M $-44.49M $-44.37M $17.41M $32.28M $19.61M $-39.23M $33.47M $14.26M $-265.00K
Other Working Capital $90.33M $-57.90M $-125.90M $-30.28M $106.03M $31.69M $53.94M $-171.14M $48.36M $-44.80M $-169.33M $69.92M $105.08M $22.46M $-46.18M $-4.22M $87.96M $9.70M $-33.65M $-29.00M
Other Non Cash Items $-52.64M $-10.38M $-5.34M $-43.96M $-18.22M $-14.80M $-2.94M $13.72M $-38.41M $-28.61M $-4.01M $39.03M $-97.57M $-7.93M $-22.60M $-7.97M $-40.88M $-13.80M $-4.49M $-6.37M
Net Cash Provided by Operating Activities $-8.96M $64.51M $24.29M $307.82M $46.41M $91.09M $44.78M $432.07M $-88.95M $87.60M $-94.58M $367.86M $-37.41M $49.16M $-14.49M $324.57M $31.72M $30.70M $3.64M $222.21M
Investments in Property Plant and Equipment $- $-156.70M $-146.37M $-114.22M $-114.62M $-160.71M $-117.10M $-117.19M $-145.92M $-157.31M $-139.80M $-137.01M $-164.30M $-194.70M $-184.03M $-136.01M $-109.88M $-96.96M $-129.35M $-96.13M
Acquisitions Net $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-208.00K $-196.00K $-286.00K $-6.59M $-10.76M $-5.79M
Purchases of Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-208.00K $49.00K $- $- $- $-
Sales Maturities of Investments $- $- $- $- $- $- $- $- $- $-1.48M $1.48M $4.00M $- $- $- $- $- $- $- $-
Other Investing Activities $-19.27M $-19.79M $-11.20M $-8.46M $830.00K $258.00K $662.00K $1.01M $361.00K $3.12M $-9.16M $4.23M $244.00K $2.45M $-138.00K $-542.00K $1.41M $496.00K $279.00K $-155.03M
Net Cash Used for Investing Activities $-19.27M $-176.49M $-157.57M $-122.68M $-113.79M $-160.45M $-116.44M $-116.17M $-145.56M $-155.67M $-138.11M $-132.78M $-164.05M $-192.25M $-184.37M $-136.75M $-108.75M $-103.06M $-139.84M $-256.95M
Debt Repayment $61.80M $116.79M $176.88M $-149.10M $93.57M $104.81M $54.22M $-253.89M $252.31M $70.25M $273.95M $-193.96M $229.44M $193.46M $173.89M $-131.65M $15.92M $173.90M $177.28M $69.95M
Common Stock Issued $23.70M $15.98M $15.07M $21.66M $21.70M $3.57M $28.70M $3.76M $21.77M $3.67M $3.56M $3.72M $3.81M $3.58M $3.98M $3.63M $3.91M $3.58M $5.73M $5.20M
Common Stock Repurchased $- $- $- $- $- $- $- $- $- $- $- $- $- $-27.22M $- $- $- $- $- $-
Dividends Paid $-44.75M $-41.62M $-41.29M $-41.17M $-40.98M $-37.98M $-37.79M $-40.69M $-34.51M $-32.01M $-31.97M $-31.88M $-31.84M $-26.58M $-29.48M $-28.99M $-31.90M $-31.09M $-29.89M $-29.85M
Other Financing Activities $-11.58M $15.98M $- $-27.00K $-5.00M $-553.00K $- $-382.00K $-3.64M $-383.00K $-57.00K $-304.00K $-3.43M $-119.00K $-2.48M $3.37M $-5.53M $153.00K $-73.00K $-350.00K
Net Cash Used Provided by Financing Activities $29.18M $90.45M $150.66M $-168.64M $69.29M $69.85M $45.13M $-291.20M $235.93M $41.52M $245.48M $-222.43M $197.97M $143.12M $145.90M $-153.64M $-17.60M $146.54M $153.05M $44.95M
Effect of Forex Changes on Cash $- $- $- $- $- $- $56.28M $- $- $- $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $951.00K $-21.52M $17.39M $2.28M $1.91M $497.00K $-26.54M $24.69M $1.42M $-26.54M $12.79M $12.65M $-3.49M $33.00K $-52.97M $34.19M $-94.63M $74.18M $16.86M $10.21M
Cash at End of Period $2.56M $1.61M $23.13M $24.35M $3.43M $1.52M $1.02M $27.56M $2.87M $1.45M $27.99M $15.20M $2.55M $6.04M $6.01M $58.98M $24.79M $119.42M $45.24M $28.39M
Cash at Beginning of Period $1.61M $23.13M $5.75M $22.07M $1.52M $1.02M $27.56M $2.87M $1.45M $27.99M $15.20M $2.55M $6.04M $6.01M $58.98M $24.79M $119.42M $45.24M $28.39M $18.18M
Operating Cash Flow $-8.96M $64.51M $24.29M $307.82M $46.41M $91.09M $44.78M $432.07M $-88.95M $87.60M $-94.58M $367.86M $-37.41M $49.16M $-14.49M $324.57M $31.72M $30.70M $3.64M $222.21M
Capital Expenditure $- $-175.53M $-146.37M $-114.22M $-114.62M $-160.71M $-117.10M $-117.19M $-145.92M $-157.31M $-139.80M $-137.01M $-164.30M $-194.70M $-184.03M $-136.01M $-109.88M $-96.96M $-129.35M $-96.13M
Free Cash Flow $-8.96M $-111.02M $-135.95M $193.60M $-68.21M $-69.61M $-72.33M $314.88M $-234.87M $-69.71M $-234.38M $230.85M $-201.71M $-145.54M $-198.52M $188.56M $-78.16M $-66.26M $-125.72M $126.08M

New Jersey Resources Corporation (NJR)

New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 564,000 residential and commercial customers throughout Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates commercial and residential solar projects situated in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment offers unregulated wholesale energy management services to other energy companies and natural gas producers, as well as maintains and transacts a portfolio of physical assets consisting of natural gas storage and transportation contracts in the United States and Canada. The Storage and Transportation segment invests in natural gas transportation and storage facilities. It provides heating, ventilation, and cooling services; holds commercial real estate properties; and offers solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities. The company was incorporated in 1981 and is headquartered in Wall, New Jersey.

Utilities Regulated Gas

$49.07

Stock Price

$4.92B

Market Cap

1.37K

Employees

Wall, NJ

Location

Revenue (FY 2024)

$1.80B

-8.5% YoY

Net Income (FY 2024)

$289.77M

9.5% YoY

EPS (FY 2024)

$2.92

7.7% YoY

Free Cash Flow (FY 2024)

$427.41M

790.2% YoY

Profitability

Gross Margin

38.8%

Net Margin

16.1%

ROE

13.2%

ROA

4.2%

Valuation

P/E Ratio

16.07

P/S Ratio

2.59

EV/EBITDA

12.18

Market Cap

$4.92B

Revenue & Net Income

Profit Margins

Cash Flow Summary

Operating Cash Flow

$427.41M

-10.8% YoY

Free Cash Flow

$427.41M

790.2% YoY

Balance Sheet Summary

Total Assets

$6.98B

6.8% YoY

Total Debt

$3.52B

7.2% YoY

Shareholder Equity

$2.20B

8.7% YoY

Dividend Overview

$0.45

Latest Dividend

%

Dividend Yield

%

Payout Ratio

Recent Dividend History
Date Amount Type
2025-06-10 $0.45 June 10, 25
2025-03-11 $0.45 March 11, 25
2024-12-11 $0.45 December 11, 24
2024-09-23 $0.45 September 23, 24
2024-06-12 $0.42 June 12, 24
2024-03-12 $0.42 March 12, 24
2023-12-12 $0.42 December 12, 23
2023-09-19 $0.42 September 19, 23
2023-06-13 $0.39 June 13, 23
2023-03-14 $0.39 March 14, 23

New Jersey Resources Dividends

Explore New Jersey Resources's dividend history, including dividend yield, payout ratio, and historical payments.

Dividend Yield

3.55%

Dividend Payout Ratio

56.96%

Dividend Paid & Capex Coverage Ratio

2.59x

New Jersey Resources Dividend History

Dividend Adjusted Dividend Date Record Date Payment Date Declaration Date
$0.45 $0.45 June 10, 2025 June 10, 2025 July 01, 2025 April 16, 2025
$0.45 $0.45 March 11, 2025 March 11, 2025 April 01, 2025 January 22, 2025
$0.45 $0.45 December 11, 2024 December 11, 2024 January 02, 2025 November 07, 2024
$0.45 $0.45 September 23, 2024 September 23, 2024 October 01, 2024 September 11, 2024
$0.42 $0.42 June 12, 2024 June 12, 2024 July 01, 2024 April 18, 2024
$0.42 $0.42 March 12, 2024 March 13, 2024 April 01, 2024 January 24, 2024
$0.42 $0.42 December 12, 2023 December 13, 2023 January 02, 2024 November 16, 2023
$0.42 $0.42 September 19, 2023 September 20, 2023 October 02, 2023 July 12, 2023
$0.39 $0.39 June 13, 2023 June 14, 2023 July 03, 2023 April 05, 2023
$0.39 $0.39 March 14, 2023 March 15, 2023 April 03, 2023 January 25, 2023
$0.39 $0.39 December 13, 2022 December 14, 2022 January 03, 2023 November 10, 2022
$0.39 $0.39 September 23, 2022 September 26, 2022 October 03, 2022 July 14, 2022
$0.363 $0.3625 June 14, 2022 June 15, 2022 July 01, 2022 April 20, 2022
$0.363 $0.3625 March 15, 2022 March 16, 2022 April 01, 2022 January 25, 2022
$0.363 $0.3625 December 14, 2021 December 15, 2021 January 03, 2022 November 10, 2021
$0.363 $0.3625 September 17, 2021 September 20, 2021 October 01, 2021 July 14, 2021
$0.333 $0.3325 June 15, 2021 June 16, 2021 July 01, 2021 April 20, 2021
$0.3325 $0.3325 March 16, 2021 March 17, 2021 April 01, 2021 January 19, 2021
$0.3325 $0.3325 December 15, 2020 December 16, 2020 January 04, 2021 November 11, 2020
$0.333 $0.3325 September 21, 2020 September 22, 2020 October 01, 2020 July 14, 2020

New Jersey Resources News

Read the latest news about New Jersey Resources, including recent articles, headlines, and updates.

New Jersey Resources (NJR) Earnings Expected to Grow: Should You Buy?

New Jersey Resources (NJR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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New Jersey Natural Gas Expands Workforce Development Programs with Isles, Inc.

WALL, N.J.--(BUSINESS WIRE)--New Jersey Natural Gas (NJNG) today announced the opening of the company's SAVEGREEN® Innovation and Training Annex in Atlantic Highlands, New Jersey, Monmouth County. The facility exemplifies NJNG's role as a leader in innovation and energy efficiency in the state and will serve as the hub for an enhanced Workforce Development Program in collaboration with Isles, Inc., a community development and environmental nonprofit organization based in Trenton, New Jersey, an.

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All You Need to Know About New Jersey Resources (NJR) Rating Upgrade to Buy

New Jersey Resources (NJR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

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New Jersey Resources Highlights the Success of the Coastal Climate Initiative in Celebration of Earth Day

WALL, N.J.--(BUSINESS WIRE)--Created to help raise awareness about important environmental issues affecting the world around us, Earth Day has grown into a call to action to promote conservation, advance environmental sustainability best practices and protect the planet. For 55 years it has been inspiring people to get involved and help make a difference in their local communities. New Jersey Resources (NYSE: NJR), the parent company of New Jersey Natural Gas (NJNG), has worked to answer this c.

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William T. Yardley Elected to the Board of Directors of New Jersey Resources

WALL, N.J.--(BUSINESS WIRE)--The board of directors of New Jersey Resources (NYSE: NJR) today announced the unanimous election of William T. Yardley to the board, effective July 1, 2025. “Bill Yardley is a proven leader in the energy industry,” said Steve Westhoven, president and CEO of New Jersey Resources. “His extensive experience with pipeline infrastructure, regulatory strategy, policy and innovation will be an asset to our company, and I am confident the strategic guidance and insight he.

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New Jersey Resources Schedules Fiscal 2025 Second Quarter Earnings Call

WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2025 second quarter financial results on Tuesday, May 6, 2025, at 10 a.m. ET. New Jersey Resources will release these results on Monday, May 5, 2025, after the close of the stock market. A few minutes prior to the webcast, visit www.njresources.com and select “Investor Relations.” Scroll down and cli.

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The Best Utility Stocks to Buy

Utility stocks are defensive plays for investors, offering stability and reliable dividends. Here's how you can find the best ones to buy.

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4 Gas Distribution Stocks to Accumulate in a Thriving Industry

Ongoing increases in natural gas export volumes and regular investment in pipelines are driving the Zacks Gas Distribution industry's near-term prospects. Utilities with stable infrastructure like ATO, SWX, NJR and CPK are well-poised to gain.

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New Jersey Resources Appears Well-Positioned For Double-Digit Returns

New Jersey Resources shows consistent earnings growth, rising dividends, and a positive track record with its state utility board when rate increases are necessary. NJR not only looks attractive as a stand-alone investment idea for conservative investors, but it also appears to be leading its peers in a number of financial metrics. Demand for natural gas is expected to rise by 3% in 2025 and another 2.5% in 2026. In 2024, consumption set new records in both the summer and winter months.

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CPK or NJR: Which Is a Better Utility Gas Distribution Stock?

CPK and NJR work efficiently and continue to provide reliable services to their expanding customer base.

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Reasons to Add New Jersey Resources Stock to Your Portfolio Now

NJR makes a strong case for investment, given its growth prospects, solvency, strong ROE and capability to increase shareholders' value.

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Is NewJersey Resources (NJR) Outperforming Other Utilities Stocks This Year?

Here is how New Jersey Resources (NJR) and OGE Energy (OGE) have performed compared to their sector so far this year.

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Nebius accelerates US expansion, adding up to 300 MW capacity at new data center in New Jersey

AMSTERDAM--(BUSINESS WIRE)--Nebius Group N.V. (“Nebius Group” or the “Company”; NASDAQ: NBIS), a leading AI infrastructure company, today announced a major upgrade to its US-based cloud computing capacity with the planned construction of a new data center in New Jersey with capacity of up to 300 MW. The data center that Nebius has commissioned in New Jersey will be built to Nebius's own design, enabling the company to achieve maximum efficiency and offer superlative performance to customers. Th.

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Rate Cut Delay Fears Grip Markets Amid Rise in Inflation: 4 Safe Bets

Utility stocks like NI, ATO, AWK and NJR are a safe bet during times of market volatility.

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New Jersey Resources Corporation (NJR) Q1 2025 Earnings Call Transcript

New Jersey Resources Corporation (NYSE:NJR ) Q1 2025 Earnings Conference Call February 4, 2025 10:00 AM ET Company Participants Adam Prior – Director-Investor Relations Steve Westhoven – President and Chief Executive Officer Roberto Bel – Senior Vice President and Chief Financial Officer Pat Migliaccio – Senior Vice President and Chief Operating Officer-New Jersey Natural Gas Conference Call Participants Shar Pourreza – Guggenheim Securities Richard Sunderland – JPMorgan Gabe Moreen – Mizuho Travis Miller – Morningstar Operator Thank you for standing by. My name is Prilla, and I will be your conference operator today.

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New Jersey Resources (NJR) Beats Q1 Earnings and Revenue Estimates

New Jersey Resources (NJR) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $0.74 per share a year ago.

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New Jersey Resources Reports Fiscal 2025 First-Quarter Results

WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources Corporation (NYSE: NJR) today reported financial and operating results for its fiscal 2025 first quarter ended December 31, 2024. Regulatory and Operating Highlights During the first quarter of fiscal 2025, New Jersey Natural Gas (NJNG) received approval from the New Jersey Board of Public Utilities (BPU) on the settlement of its base rate case, authorizing a $157.0 million annual increase to its base rates, with rates effective on November 21,.

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Consumer Sentiment Dips After 6 Months: Bet on 4 Low-Beta Utility Stocks

Low-beta utility stocks like AWK, IDA, NEE and NJR are a safe bet during times of market volatility.

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New Jersey Resources Board of Directors Declares Quarterly Dividend

WALL, N.J.--(BUSINESS WIRE)--The board of directors (the “Board”) of New Jersey Resources Corporation (NYSE: NJR) unanimously declared a quarterly dividend on its common stock of $0.45 per share. The dividend will be payable on April 1, 2025, to shareowners of record as of March 11, 2025. NJR has paid quarterly dividends continuously since its inception in 1952, and has raised the dividend every year for the last 29 years. About New Jersey Resources New Jersey Resources (NYSE: NJR) is a Fortune.

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New Jersey Resources Hosts 72nd Annual Meeting

WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR), today hosted its 72nd Annual Shareowners Meeting. At the virtual meeting, shareowners elected Gregory E. Aliff, Thomas C. O'Connor and Michael A. O'Sullivan to NJR's board of directors each for a three-year term that will expire in 2028. “I appreciate our shareowners' support for our directors and confidence in our company,” said Steve Westhoven, President and CEO of New Jersey Resources. “The expertise of Greg, Tom and Mike is an a.

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New Jersey Resources Announces $50,000 Pledge to Launch Rutgers University's First Vibrant Communities Sustainability & Resiliency Project

WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR), the parent company of New Jersey Natural Gas (NJNG), today announced a new collaborative effort with Rutgers University and its School of Environmental and Biological Sciences to advance the University's “Vibrant Communities” program. NJR committed $50,000 from its Coastal Climate Initiative (CCI) to support the inaugural Vibrant Communities program's sustainability and resiliency project. The CCI supports projects and programs desi.

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3 Gas Distribution Stocks to Watch From a Flourishing Industry

Increased natural gas export volumes and regular investment in pipelines are driving the Zacks Gas Distribution industry's near-term prospects. Utilities with stable infrastructure like ATO, MDU and NJR can provide reliable services to customers and benefit from a positive industry outlook.

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Best Momentum Stocks to Buy for December 24th

PBYI, DDS and NJR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 24, 2024.

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2 Gas Distribution Stocks to Add to Your Portfolio as 2024 Wraps Up

ATO and NJR will benefit from rate declines and a beta of less than one. Operational expertise is also expected to assist in strong performance in 2025.

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Best Income Stocks to Buy for December 24th

ENGIY, NJR and PINC made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 24, 2024.

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3 Utility Stocks to Stabilize Your Portfolio Before Year-End

PCG, ETR and NJR are gaining from the rate declines. Courtesy of their systematic investments, they will serve customers efficiently and are expected to continue strong performance in 2025.

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New Jersey Resources (NJR) Upgraded to Strong Buy: What Does It Mean for the Stock?

New Jersey Resources (NJR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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New Strong Buy Stocks for December 19th

MNDY, WTBA, NJR, PINC and PLAB have been added to the Zacks Rank #1 (Strong Buy) List on December 19, 2024.

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3 Great Utility Stocks to Buy for Steady Stream of Income

Given their stable performance and capacity to raise shareholder value, investors may bet on NJR, D and EVRG for consistent income.

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