NEW JERSEY RESOURCES CORP (NJR) New Jersey Resources Corporation functions as a diversified energy holding company, offering regulated natural gas distribution along with both retail and wholesale energy solutions. The company's business activities are categorized into four primary divisions: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment delivers regulated natural gas utility services to approximately 564,000 residential and business clients situated in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties within New Jersey. This division is also involved in managing capacity and storage, and participates in off-system sales and capacity release markets. Through its Clean Energy Ventures segment, the firm invests in, owns, and operates solar energy projects for commercial and residential applications located in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment provides unregulated wholesale energy management support to other energy enterprises and natural gas producers, concurrently overseeing and trading a collection of physical assets such as natural gas storage and transportation agreements across the United States and Canada. The Storage and Transportation segment concentrates its efforts on investing in facilities for natural gas transportation and storage. Additionally, the company extends its offerings to include heating, ventilation, and cooling (HVAC) services, manages commercial real estate, performs solar equipment installation, conducts plumbing repair and installation, and engages in the sale, installation, and servicing of water appliances. Incorporated in 1981, New Jersey Resources Corporation maintains its corporate headquarters in Wall, New Jersey.
Sector: Natural Gas Distribution
Industry: Regulated Gas
New Jersey Resources Corporation NYSE:NJR Utilities · Regulated Gas
Mkt Cap $5.39B
Div Yield 3.62%
AH Close $53.16 +0.00% vs close
AH Close $53.16 +0.00% vs close
Mkt Cap $5.39B
Div Yield 3.62%
All Press Release SEC Filings News
SEC Filing
NJR: 8-K · debt financing
New Jersey Natural Gas Company, a wholly-owned subsidiary of New Jersey Resources, issued and sold $50,000,000 of 5.43% Senior Notes, Series 2026C, due October 22, 2036, to institutional investors on October 22, 2026.
The Notes were issued under a Note Purchase Agreement dated August 20, 2026 and are secured by an equal principal amount of NJNG's First Mortgage Bonds (Series WWW due 2036) under the Nineteenth Supplemental Indenture with U.S. Bank Trust Company as trustee.
Proceeds will be used for general corporate purposes, including refinancing or retiring short-term debt and funding capital expenditures. NJR itself is not directly or contingently obligated on the Notes.
SEC 8-K • 2d ago AI analysis › Press Release
Limbach Appoints Vice President of Investor Relations and Corporate Strategy
Limbach Holdings appointed Adam Prior as Vice President of Investor Relations and Corporate Strategy, reporting to CEO Michael McCann.
Prior brings more than 25 years of experience, most recently as Director of Investor Relations at New Jersey Resources (NJR) and over two decades at The Equity Group.
He will lead financial communications, strategic planning, and investment-community engagement as Limbach pursues geographic expansion and disciplined growth.
• 1mo ago AI analysis › Press Release
New Jersey Resources Raises Dividend for the 31st Consecutive Year
New Jersey Resources' board unanimously approved raising the quarterly dividend to $0.50 per share from $0.475, effective with the payment on October 1, 2026 to shareowners of record on September 24, 2026.
The new annual dividend rate will be $2.00 per share. NJR has paid quarterly dividends continuously since 1952 and has now increased the payout for 31 consecutive years.
President and CEO Steve Westhoven framed the raise as reflecting the Board's confidence in NJR's financial strength and long-term growth prospects.
• 1mo ago AI analysis › SEC Filing ⚠ 2
NJR: 8-K · debt financing
New Jersey Natural Gas Company, the wholly-owned utility subsidiary of New Jersey Resources Corporation, entered into a Note Purchase Agreement on August 20, 2026 to sell $150,000,000 of senior notes to institutional investors in a private placement.
The financing consists of three $50 million series: 5.43% Senior Notes Series 2026A due August 20, 2036, 6.04% Senior Notes Series 2026B due August 20, 2056, and 5.43% Senior Notes Series 2026C due October 22, 2036. The Series A and Series B sales closed on August 20, 2026, while Series C is expected to close on October 22, 2026.
The notes are secured by an equal principal amount of NJNG First Mortgage Bonds ranking pari passu with existing first mortgage bonds, and parent NJR is not obligated directly or contingently on the debt. Proceeds will fund general corporate purposes, including refinancing or retiring short-term debt and funding capital expenditures.
SEC 8-K • 2mo ago AI analysis › News
NewJersey Resources Q3 Earnings Call Highlights
marketbeat.com • 2mo ago SEC Filing ⚠ 6
NJR: 10-Q · periodic report
New Jersey Resources swung to fiscal Q3 2026 net income of $9.7M ($0.10 diluted EPS) from a $15.1M loss a year earlier, and nine-month net income rose to $351.1M from $320.6M with diluted EPS of $3.46 versus $3.18.
Nine-month operating revenues grew 11.4% to $1.89B and operating cash flow jumped to $577.8M from $385.2M, powered by a $38.1M earnings improvement at Energy Services on favorable pricing spreads, $16.9M at the NJNG utility on higher base rates and customer growth, and $9.9M at Storage & Transportation.
On June 1, 2026, subsidiary NJNG filed a base rate case with the BPU requesting a $157.6M natural gas revenue increase, a 7.60% overall rate of return on rate base, and a 10.10% return on common equity; the outcome is a key pending catalyst.
Watch items include a $165.2M manufactured gas plant remediation liability with estimated future costs of $144.3M to $200.2M, billed receivables up sharply to $190.8M with a larger doubtful-accounts allowance, and total debt of roughly $3.70B against $34.0M of cash.
SEC 10-Q • 2mo ago AI analysis › News
New Jersey Resources Corporation (NJR) Q3 2026 Earnings Call Transcript
seekingalpha.com • 2mo ago News
New Jersey Resources (NJR) Q3 Earnings and Revenues Beat Estimates
zacks.com • 2mo ago Press Release
New Jersey Resources Reports Fiscal 2026 Third-Quarter Results
New Jersey Resources reported fiscal Q3 net income of $9.7 million, reversing a year-ago loss, while year-to-date net income grew 9.5% to $351.1 million.
Management tightened its fiscal 2026 NFEPS guidance to a range of $3.52 to $3.62, raising the lower end of the previous range on the back of solid execution across its diversified business model.
Year-to-date capital expenditures reached $553.0 million, and operating cash flow increased to $577.8 million, driven by higher base rates at the utility segment and strong performance in energy services.
• 2mo ago AI analysis › News
3 Reasons Why Growth Investors Shouldn't Overlook New Jersey Resources (NJR)
zacks.com • 3mo ago Press Release
New Jersey Resources Schedules Fiscal 2026 Third Quarter Earnings Call
New Jersey Resources announced it will release its fiscal 2026 third quarter financial results after the market closes on Monday, August 3, 2026.
The company will host a live webcast to discuss these results on Tuesday, August 4, 2026, at 10 a.m. ET.
Investors can access the webcast through the Investor Relations section of the New Jersey Resources website.
• 3mo ago AI analysis › Press Release
New Jersey Natural Gas Submits Filings to NJBPU for Customer Savings and Future Recovery of Reliability Investments
New Jersey Natural Gas, the principal subsidiary of New Jersey Resources, filed with the NJBPU to recover approximately $950 million in reliability and safety investments.
The filings are structured to provide an immediate 8.9% reduction in customer bills for the upcoming winter season, equating to $158 in annual savings for the average residential customer.
Management anticipates that once the rate recovery is implemented post-winter, overall customer rates will remain nearly flat compared to current levels, stabilizing the utility's revenue base.
• 4mo ago AI analysis › News
Is New Jersey Resources (NJR) a Solid Growth Stock? 3 Reasons to Think "Yes"
zacks.com • 5mo ago Press Release
New Jersey Natural Gas Names Helen Ayotte Vice President of Engineering, Construction and Asset Management
New Jersey Natural Gas (NJNG), a regulated subsidiary of New Jersey Resources (NJR), has appointed Helen Ayotte as Vice President of Engineering, Construction and Asset Management, effective immediately.
Ms. Ayotte will succeed John Wyckoff, who is retiring on July 1, 2026. In her new role, she will oversee NJNG’s engineering, construction, environmental, and asset management functions.
Steve Westhoven, President and CEO of NJR, praised Helen’s deep technical expertise and leadership, stating that she will be a valuable member of the executive team and play a key role in advancing NJNG’s long-term infrastructure strategy.
• 5mo ago AI analysis › Press Release
New Jersey Resources Reports Fiscal 2026 Second-Quarter Results
New Jersey Resources reported fiscal Q2 net financial earnings of $2.20 per share, significantly outpacing the prior year's $1.78, fueled by robust performance in its Energy Services segment.
Driven by this outperformance, the company raised its fiscal 2026 NFEPS guidance range by $0.20 to $3.48-$3.63, marking the second increase to guidance this year.
Management reaffirmed its long-term growth target of 7-9% and outlined a capital plan to deploy $4.8-$5.2 billion through 2030, primarily focused on utility infrastructure and clean energy ventures.
• 5mo ago AI analysis › Press Release
New Jersey Resources Celebrates Earth Day With Pledge to Support Community Resilience
New Jersey Resources announced a $35,000 donation to The Nature Conservancy to support the restoration of 2,000 acres of salt marsh along the Jersey Shore.
The funding, part of the Coastal Climate Initiative, aims to reduce climate impacts for over 100,000 coastal residents and aligns with TNC's 2030 goals.
Launched in 2021, the CCI commits $2 million over five years to improve climate resiliency, with nearly 70% of funds already deployed to similar projects.
• 6mo ago AI analysis › 2 fund position changes (13F filings)Recent SEC filings with analysis