New Jersey Resources Corporation (NJR)

USD 45.4

(-4.46%)

Market Cap (In USD)

4.52 Billion

Revenue (In USD)

1.96 Billion

Net Income (In USD)

264.72 Million

Avg. Volume

504.69 Thousand

Currency
USD
Country
Utilities
Open
-
Prev. Close
-
Day Range
-
Year Range
39.44-51.95
PE
-
EPS
-
Beta Value
0.612
ISIN
US6460251068
CUSIP
646025106
CIK
356309
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Utilities
Industry
Regulated Gas
CEO
Mr. Stephen D. Westhoven
Employee Count
-
Website
https://www.njresources.com
Ipo Date
1980-03-17
Details
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.