New Jersey Resources

New Jersey Resources Corp. is a holding company. The firm provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. It operates through the following segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, Storage and Transportation, and Home Services and Other. The Natural Gas Distribution segment regulates natural gas services, off-system sales, capacity, and storage management operations. The Clean Energy Ventures segment consists of capital investments in clean energy projects. The Energy Services segment consists of unregulated wholesale and retail energy operations, as well as energy management services. The Storage and Transportation segment consists of investments in the natural gas storage and transportation market, such as natural gas storage and transportation facilities. The company was founded in 1981 and is headquartered in Wall, NJ.

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New Jersey Resources reports strong Q1 earnings and advances sustainability

New Jersey Resources (NJR) delivered robust Q1 2023 results, raising fiscal guidance and showcasing strong performance across its business segments.
The company's emphasis on sustainability, energy efficiency, and renewable energy projects underscores its commitment to innovation and environmental responsibility.
While facing potential challenges in market dynamics and operational complexities, NJR has opportunities to further expand its clean energy initiatives and capitalize on its current strengths.

New Jersey Resources (NJR) reports solid Q2 earnings and advances clean energy goals

New Jersey Resources (NJR) demonstrated financial strength and strategic focus on clean energy initiatives in Q2 2023, positioning itself for long-term growth.
Despite operational challenges like regulatory processes and market dynamics, NJR's diversified revenue streams and commitment to sustainability offer resilience and growth potential.
With a solid performance, strong leadership, and opportunities in clean energy, NJR remains well-positioned to navigate challenges and capitalize on future prospects.

New Jersey Resources (NJR) reports robust Q3 performance and clean energy commitment

New Jersey Resources (NJR) showcased a strong performance in Q3 2023, with growth in key divisions and a focus on financial discipline.
Despite challenges in the market environment, NJR remains committed to clean energy goals and customer cost savings through rate adjustments.
The company's financial outlook, operational efficiency, and strategic alignment with state initiatives position NJR for continued growth and value creation.

New Jersey Resources (NJR) reports strong earnings and growth outlook

New Jersey Resources (NJR) showcased a robust financial performance in fiscal 2023, with strong guidance for fiscal 2024 and a strategic focus on growth and sustainability. Despite challenges in EPS growth and regulatory landscapes, NJR's diversified business model and investment plans offer promising opportunities for future expansion and value creation.

New Jersey Resources (NJR) exceeds Q1 earnings, boosts guidance amid sustainability focus

New Jersey Resources (NJR) delivered a robust performance in Q1 2024, raising guidance and emphasizing sustainability initiatives. While facing challenges in revenue uncertainties and financing, the company is well-positioned to leverage opportunities in clean energy investments and operational efficiencies for future growth.

New Jersey Resources (NJR) exceeds Q2 earnings expectations, poised for growth

New Jersey Resources (NJR) delivered a strong performance in Q2 2024, surpassing earnings expectations and providing positive guidance for fiscal 2024. The company's various segments, including New Jersey Natural Gas and Clean Energy Ventures, are driving growth and contributing to its outperformance.

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New Jersey Resources Corp. is a holding company, which engages in the provision of regulated natural gas distribution services, transmission and storage services, and operates certain unregulated businesses. It operates through the following segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, Storage and Transportation, and Home Services and Other. The Natural Gas Distribution segment regulates natural gas services, off-system sales, capacity, and storage management operations. The Clean Energy Ventures segment consists of capital investments in clean energy projects. The Energy Services segment refers to the unregulated wholesale and retail energy operations, as well as energy management services. The Storage and Transportation segment is involved in the investments in the natural gas storage and transportation market, such as natural gas storage and transportation facilities. The company was founded in 1981 and is headquartered in Wall, NJ.

WALL, N.J.--(BUSINESS WIRE)--The board of directors of New Jersey Resources (NYSE: NJR) today announced the unanimous election of Peter C. Harvey to the board. “Peter Harvey is a nationally recognized lawyer, former New Jersey Attorney General and federal prosecutor with extensive experience at the highest levels of his profession,” said Steve Westhoven, president and CEO of New Jersey Resources. “He is a welcome addition to our company, and I am confident he will bring thoughtful, independent.

Peter C. Harvey Elected to the Board of Directors of New Jersey Resources

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New Jersey Resources (NJR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

New Jersey Resources (NJR) Moves to Strong Buy: Rationale Behind the Upgrade

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 2023 year end financial results on Tuesday, November 21, 2023, at 10 a.m. ET. President and Chief Executive Officer Steve Westhoven and Senior Vice President and Chief Financial Officer Roberto Bel will present an overview of NJR's financial and operational performance for fiscal 2023. A few minutes.

New Jersey Resources Schedules Fiscal 2023 Year-End Earnings Call

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Investors with an interest in Utility - Gas Distribution stocks have likely encountered both MDU Resources (MDU) and New Jersey Resources (NJR). But which of these two companies is the best option for those looking for undervalued stocks?

MDU or NJR: Which Is the Better Value Stock Right Now?

WALL, N.J.--(BUSINESS WIRE)--New Jersey Natural Gas, (NJNG), a regulated subsidiary of New Jersey Resources (NYSE: NJR), announced the appointment of Marissa Travaline as Vice President, Customer Service, Marketing and Energy Efficiency effective today. In this role, Ms. Travaline will be responsible for overseeing a diverse team of employees and developing, implementing and executing NJNG's customer experience strategy, customer service and call center operations, residential and commercial gr.

New Jersey Natural Gas Names Marissa Travaline Vice President of Customer Service, Marketing and Energy Efficiency

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WALL, N.J.--(BUSINESS WIRE)--The board of directors (the “Board”) of New Jersey Resources Corporation (NYSE: NJR) unanimously approved a 7.7 percent increase in the quarterly dividend rate to $0.42 per share from $0.39 per share. The new quarterly rate will be effective with the dividend payable October 2, 2023 to shareowners of record on September 20, 2023. This dividend replaces the previously announced dividend of $0.39 per share approved on July 12, 2023 for shareowners of record on Septemb.

New Jersey Resources Board of Directors Increases Dividend by 7.7% to $0.42 Per Share

WAYNE, N.J. , Sept. 5, 2023 /PRNewswire/ -- Donnelly Energy and Sawyer Lyons Buick GMC are proud to announce the completion of their comprehensive energy efficiency partnership with the kick-off of the Randolph dealership's solar array.

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Despite near-term challenges of the Zacks Gas Distribution industry, systematic investment to strengthen infrastructure and efficiently supply natural gas to customers should drive the performance of ATO, MDU, SRE and NJR.

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I discuss the valuation and financials of New Jersey Resources, including a general overview and comparable companies' valuation. I highlight the importance of cost efficiency and scalability in the company's value proposition. The article also mentions the Wall Street consensus and discusses the risks and challenges the company may face.

New Jersey Resources: Rate Base Expansion Key To Sustained Dividend

New Jersey Resources Corporation (NYSE:NJR ) Q3 2023 Earnings Conference Call August 3, 2023 10:00 AM ET Company Participants Adam Prior - Director of IR Steve Westhoven - President and CEO Roberto Bel - CFO Conference Call Participants Robert Mosca - Mizuho Securities Travis Miller - Morningstar Operator Hello, and welcome to the New Jersey Resources Fiscal 2023 Third Quarter Conference Call. All lines have been placed on mute to prevent any background noise.

New Jersey Resources Corporation (NJR) Q3 2023 Earnings Call Transcript

New Jersey Resources (NJR) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to loss of $0.04 per share a year ago.

New Jersey Resources (NJR) Q3 Earnings Top Estimates

WALL, N.J.--(BUSINESS WIRE)--Today, New Jersey Resources Corporation (NYSE: NJR) reported results for the third quarter of fiscal 2023. Highlights include: Consolidated net income of $1.5 million, compared with net income of $13.1 million in the third quarter of fiscal 2022 Consolidated net financial earnings (NFE), a non-GAAP financial measure, of $9.7 million, or $0.10 per share, compared to a net financial loss of $(3.6) million, or $(0.04) per share, in the third quarter of fiscal 2022 Re-a.

New Jersey Resources Reports Fiscal 2023 Third-Quarter Results

WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) today announced the appointment of James Eckert as Vice President, Storage and Transportation, NJR Midstream Company (S&T), a wholly-owned subsidiary of NJR, effective August 1, 2023. Mr. Eckert will succeed Vice President Ginger Richman. Ms. Richman will remain with the company to facilitate the leadership transition until her scheduled retirement on December 31, 2023. “With more than three decades of natural gas marketing and o.

New Jersey Resources Names James Eckert Vice President of Storage and Transportation

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 2023 third quarter financial results on Thursday, August 3, 2023, at 10 a.m. ET. President and Chief Executive Officer Steve Westhoven and Senior Vice President and Chief Financial Officer Roberto Bel will present an overview of NJR's financial and operational performance for the third quarter of fis.

New Jersey Resources Schedules Fiscal 2023 Third Quarter Earnings Call

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Why New Jersey Resources (NJR) is a Great Dividend Stock Right Now

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WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources Corporation (NYSE: NJR) today hosted its inaugural Shareholder Appreciation Day. This event provided existing shareholders with the opportunity to meet senior management and to interact with leaders across the company's various business units. Steve Westhoven, President and CEO of New Jersey Resources said, “Today's Shareholder Appreciation Day is an opportunity for us to say thank you to our shareholders for their investment and confidence in N.

New Jersey Resources Hosts Inaugural Shareholder Appreciation Day and Presents the New Jersey Resources Innovation Award

Why New Jersey Resources (NJR) is a Top Dividend Stock for Your Portfolio

Investors should watch utilities like ATO, NJR and DTE, with decent dividend yields and plans of increasing the same. These companies are likely to generate stable returns over the long run.

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Despite near-term challenges of the Zacks Gas Distribution industry, systematic investment to strengthen infrastructure and efficiently supply natural gas to customers should drive the performance of ATO, MDU, NJR and SR.

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New Jersey Resources (NJR) possesses solid growth attributes, which could help it handily outperform the market.

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