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New Jersey Res Stock Price, News & Analysis

NJR NYSE

Welcome to our dedicated page for New Jersey Res news (Ticker: NJR), a resource for investors and traders seeking the latest updates and insights on New Jersey Res stock.

New Jersey Resources (NYSE: NJR) is a diversified energy services leader combining regulated natural gas distribution with strategic investments in renewable energy and midstream infrastructure. This page aggregates official press releases, regulatory filings, and market-moving updates to serve as a comprehensive resource for stakeholders.

Key features include real-time access to earnings reports, infrastructure developments, solar project announcements, and regulatory compliance milestones. Investors gain insights into NJR’s operational strategy across its utility services and nonregulated ventures, while analysts track performance indicators through verified primary sources.

Content spans financial disclosures, sustainability initiatives, and partnership updates, ensuring full visibility into NJR’s role in energy transition trends. All materials are sourced directly from company communications to maintain accuracy and timeliness.

Bookmark this page for streamlined access to NJR’s latest developments, or check back regularly for updates impacting the energy services sector.

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New Jersey Resources (NYSE: NJR) has elected Michael O’Sullivan to its board of directors, filling the vacancies left by the retirement of David Trice and Robert Evans. O’Sullivan, with extensive experience in the energy sector, previously served as senior vice president of Development at NextEra Energy Resources, overseeing $40 billion in renewable projects. Trice and Evans, who have dedicated years of service, will retire at the upcoming Annual Meeting on January 25, 2023, marking a transition in leadership for the company.

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New Jersey Resources (NYSE: NJR) announced a live webcast for its fiscal 2022 year-end financial results scheduled on November 17, 2022, at 10 a.m. ET. CEO Steve Westhoven and CFO Roberto Bel will present an overview of the company's financial performance. NJR operates across five primary business segments, including New Jersey Natural Gas, Clean Energy Ventures, and Energy Services, focusing on providing safe, reliable natural gas and clean energy solutions to over 560,000 customers in New Jersey.

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New Jersey Resources (NYSE: NJR) has appointed Ginger Richman as the new Vice President of Storage and Transportation, effective October 15, 2022, succeeding John Bremner, who is retiring. Richman brings over 35 years of experience in the natural gas sector and has been with NJR since 2003, currently leading the Adelphia Gateway pipeline operations. Under her leadership, NJR aims to enhance its storage and transportation capabilities and operational efficiencies. The transition marks a strategic move to bolster the company's growth and service delivery.

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The Board of New Jersey Resources Corporation (NYSE: NJR) has approved a 7.6% increase in its quarterly dividend, now set at $0.39 per share, up from $0.3625. This change is effective for the dividend payable on October 3, 2022, to shareholders of record on September 26, 2022. The new annual dividend rate will be $1.56 per share, marking the 29th dividend increase in 27 years. CEO Steve Westhoven emphasized that this increase reflects the Board’s confidence in the company’s long-term strategy and financial position.

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New Jersey Resources (NYSE: NJR) has appointed Robert Pohlman as Vice President of NJR Clean Energy Ventures and Corporate Strategy. Pohlman, who joined NJR in 2011, will lead renewable energy initiatives and drive growth opportunities. NJR has invested over $1 billion in renewable infrastructure over the past decade, with Clean Energy Ventures being a core part of its strategy. Under Pohlman's leadership, CEV has become one of the largest solar owner/operators in New Jersey. NJR provides essential natural gas and clean energy services to over 560,000 customers.

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New Jersey Resources Corporation (NJR) reported a consolidated net income of $13.1 million for Q3 FY2022, up from a net loss of $(111.8 million) in Q3 FY2021. Year-to-date net income reached $220.4 million, compared to $119.0 million last year. The company raised its fiscal 2022 net financial earnings per share (NFEPS) guidance to a range of $2.40 to $2.50. This improvement is attributed to strong performance at New Jersey Natural Gas and increased revenue from Clean Energy Ventures.

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The board of directors of New Jersey Resources Corporation (NYSE: NJR) has declared a quarterly dividend of $0.3625 per share. This dividend is set to be paid on October 3, 2022, to shareholders of record as of September 26, 2022. NJR has consistently paid quarterly dividends since 1952, showcasing its commitment to shareholder returns. The company operates across various sectors, including natural gas distribution and clean energy, serving over 560,000 customers in New Jersey.

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New Jersey Resources (NYSE: NJR) will host a live webcast to discuss its fiscal 2022 third-quarter earnings on August 4, 2022, at 10 a.m. ET. The discussion will be led by President and CEO Steve Westhoven and CFO Roberto Bel, focusing on operational performance for the period ending June 30, 2022. NJR operates primarily through its subsidiary, New Jersey Natural Gas, which serves over 560,000 customers with more than 7,600 miles of gas distribution infrastructure.

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New Jersey Resources (NYSE: NJR) appointed Tejal K. Mehta as Corporate Secretary and Assistant General Counsel effective June 6, 2022. Ms. Mehta brings nearly 15 years of legal experience, previously serving at TD Bank Group and Ballard Spahr LLP, focusing on regulatory compliance and corporate governance. Her leadership is expected to bolster NJR's corporate legal function and board oversight.

Richard Reich, NJR's general counsel, praised her proven skills, highlighting their potential positive impact on the company and its customers.

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FAQ

What is the current stock price of New Jersey Res (NJR)?

The current stock price of New Jersey Res (NJR) is $47.98 as of May 8, 2025.

What is the market cap of New Jersey Res (NJR)?

The market cap of New Jersey Res (NJR) is approximately 4.9B.
New Jersey Res

NYSE:NJR

NJR Rankings

NJR Stock Data

4.89B
99.86M
0.46%
76.3%
2.34%
Utilities - Regulated Gas
Natural Gas Distribution
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United States
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