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.

Earnings data Q2 2021

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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.

New Jersey Resources (NJR) exceeds Q4 expectations, poised for growth

New Jersey Resources (NJR) delivered a strong performance in Q4 2024, exceeding expectations and showcasing strategic achievements.
The company's focus on clean energy investments, shareholder value, and core business expansion positions it well for future growth.
While facing challenges in regulatory approvals and operational management, NJR has opportunities to capitalize on its strengths and drive further success.

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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.

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New Jersey Resources (NJR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: New Jersey Resources (NJR) Q3 Earnings Expected to Decline

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does New Jersey Resources (NJR) have what it takes?

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

Are You Looking for a High-Growth Dividend Stock? New Jersey Resources (NJR) Could Be a Great Choice

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 2021 third-quarter earnings results on Thursday, August 5, 2021 at 10 a.m. ET. President and Chief Executive Officer Steve Westhoven and Chief Financial Officer Pat Migliaccio will present an overview of NJR's financial and operational performance for the third quarter of fiscal 2021. A few minutes p

New Jersey Resources Schedules Fiscal 2021 Third-Quarter Earnings Call

WALL, N.J.--(BUSINESS WIRE)--As a part of its long-term succession planning, New Jersey Natural Gas (NJNG), the principal subsidiary of New Jersey Resources (NYSE: NJR), announced John Wyckoff will succeed Craig Lynch as Vice President-Energy Delivery following his retirement today. In addition, Kraig Sanders was promoted to a newly expanded role of Vice President-Operations. “For nearly 37 years, Craig Lynch has been a cornerstone of our team, and we appreciate all he's done for our company,”

New Jersey Natural Gas Names John Wyckoff Vice President-Energy Delivery; Kraig Sanders Promoted to Vice President-Operations

New Jersey Resources Corporation (NYSE:NJR), an energy services company, will likely face two challenges, according to an analyst at BofA Securities. The New Jersey Resources Analyst: Julien Dumoulin-Smith downgraded shares of New Jersey Resources from Neutral to Underperform and reduced the price target from $43 to $39.

Why This Analyst Sees Downside to New Jersey Resources' Valuation

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Utilities like NewJersey Resources (NJR), Unitil Corporation (UTL) and UGI Corporation (UGI) are going to benefit from Federal Reserve's decision to keep interest rates unchanged this year.

Fed to Keep Rates Same in 2021: 3 Utility Stocks to Benefit

WALL, N.J.--(BUSINESS WIRE)--New Jersey Natural Gas (NJNG), the regulated subsidiary of New Jersey Resources (NYSE: NJR), today submitted its annual Basic Gas Supply Service (BGSS) and Conservation Incentive Program (CIP) filing to the New Jersey Board of Public Utilities (BPU). NJNG is seeking to adjust its natural gas cost recovery rates due to higher market prices and demand charges. The BGSS represents the cost of the commodity that is passed through to customers. Any change to this rate do

New Jersey Natural Gas Submits Annual BGSS and CIP Filing to the New Jersey Board of Public Utilities

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New Jersey Resources (NJR) CEO Steve Westhoven on Q2 2021 Results - Earnings Call Transcript

New Jersey Resources (NJR) delivered earnings and revenue surprises of 52.59% and 19.45%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

New Jersey Resources (NJR) Q2 Earnings and Revenues Top Estimates

Shares of New Jersey Resources (NYSE:NJR) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share increased 58.04% over the past year to $1.77, which beat the estimate of $1.13.

Recap: New Jersey Resources Q2 Earnings

WALL, N.J.--(BUSINESS WIRE)--Today, New Jersey Resources (NYSE: NJR) reported results for the second-quarter of fiscal 2021. Highlights include: Consolidated net income of $149.8 million, compared with $73.8 million in the second-quarter of fiscal 2020 Consolidated net financial earnings (NFE), a non-GAAP financial measure, of $170.6 million, or $1.77 per share, compared with $84.3 million, or $0.88 per share, in the second quarter of fiscal 2020 Increased NFE per share (NFEPS) guidance to a ra

New Jersey Resources Reports Second-Quarter Fiscal 2021 Results and Increases Net Financial Earnings Guidance for Fiscal 2021

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SWX vs. NJR: Which Stock Is the Better Value Option?

WALL, N.J.--(BUSINESS WIRE)--Building on its track record of sustainability leadership, New Jersey Resources (NYSE: NJR), a diversified energy company and parent company of New Jersey Natural Gas (NJNG), marks Earth Day with the launch of the Coastal Climate Initiative — a program aimed at advancing climate change solutions to positively impact the communities it serves. The program kicks off with support for The Nature Conservancy in New Jersey, an environmental nonprofit with over 60 years of

New Jersey Resources Marks Earth Day With the Launch of the Coastal Climate Initiative

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 2021 second-quarter earnings results on Thursday, May 6, 2021, at 10 a.m. ET. President and Chief Executive Officer Steve Westhoven and Chief Financial Officer Pat Migliaccio will present an overview of NJR's financial and operational performance for the second quarter of fiscal 2021. A few minutes p

New Jersey Resources Schedules Fiscal 2021 Second-Quarter Earnings Call

New Jersey Resources (NJR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for New Jersey Resources (NJR): Will It Gain?

WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) today announced an increase to its fiscal 2021 net financial earnings (NFE) guidance to a range of $1.85 - $1.95 per share, from the previously announced range of $1.55 - $1.65 per share. The increase in guidance is due primarily to better-than-anticipated results at NJR Energy Services (Energy Services). During the second quarter of fiscal 2021, a period of widespread cold across the U.S. led to unusually high demand for natural gas

New Jersey Resources Increases Fiscal 2021 Net Financial Earnings Guidance

MDU vs. NJR: Which Stock Is the Better Value Option?

MDU vs. NJR: Which Stock Should Value Investors Buy Now?

WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) announced its principal subsidiary New Jersey Natural Gas (NJNG) received approval from the New Jersey Board of Public Utilities to significantly expand its energy-efficiency offerings available through The SAVEGREEN Project® (SAVEGREEN). The program will further its commitment to sustainability and emissions reduction by helping customers lower their energy usage, save money and reduce their carbon footprint. NJNG is authorized to i

New Jersey Natural Gas Receives Approval for Its Largest Ever Energy-Efficiency Program

New Jersey Resources Corp (NJR) CEO Stephen Westhoven on Q1 2021 Results - Earnings Call Transcript

New Jersey Resources (NJR) delivered earnings and revenue surprises of 2.22% and -25.65%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

News for New Jersey Resources Stock (NJR)