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 Corporation (NYSE: NJR) is a Fortune 1000 energy services holding company in the utilities sector, with operations centered on natural gas distribution, clean energy ventures, storage and transportation, energy services and home services. The NJR news feed highlights how these five primary businesses perform and evolve over time.
Readers following NJR news can see regular earnings releases that detail net income, net financial earnings (NFE), segment contributions and updated net financial earnings per share (NFEPS) guidance. These updates break down results from New Jersey Natural Gas, Clean Energy Ventures, Storage and Transportation, Energy Services and Home Services, giving insight into how the diversified platform contributes to overall performance.
NJR’s news also features dividend announcements, where the board of directors declares quarterly dividends and discusses the company’s long history of continuous dividend payments and annual dividend increases. These items are particularly relevant for income‑focused investors tracking NJR’s capital return practices.
Additional coverage includes leadership and governance developments, such as executive promotions, new board appointments and changes in incentive plans, as well as updates on regulatory milestones and capital investment plans in areas like natural gas infrastructure, solar projects and storage assets.
By monitoring this page, investors and observers can review NJR’s official press releases on financial results, strategic initiatives, energy‑efficiency programs like SAVEGREEN®, workforce development efforts and other corporate actions that shape the outlook for NJR stock.
New Jersey Resources (NJR) held its 70th Annual Shareowners Meeting, where shareowners elected Michael A. O'Sullivan for a two-year term and re-elected Jane M. Kenny, Sharon C. Taylor, and Stephen D. Westhoven for three-year terms. Two directors, Robert B. Evans and David A. Trice, retired. The company emphasized the importance of good governance for long-term performance. Shareowners approved a non-binding advisory resolution on executive compensation and ratified Deloitte & Touche LLP as the accounting firm for the fiscal year ending September 30, 2023. NJR is dedicated to providing reliable natural gas and clean energy services in New Jersey.
The board of directors of New Jersey Resources Corporation (NYSE: NJR) has declared a quarterly dividend of
New Jersey Resources (NJR) announced its 70th Annual Shareowners Meeting and released its fiscal 2022 Corporate Sustainability Report. The report highlights significant achievements, including a 59% reduction in operational emissions since 2006, on track to meet a 60% reduction goal by 2030. NJR eliminated unprotected bare steel and cast iron from its gas distribution system, leading to fewer leaks. The company invested over $53 million in energy-efficiency initiatives, contributing to New Jersey's 2050 carbon reduction targets. Additionally, NJR established a $20 million endowment for philanthropic efforts, focusing on environmental stewardship and community impact.
New Jersey Resources (NYSE: NJR) will present its fiscal 2023 first quarter financial results during a live webcast on February 2, 2023, at 10 a.m. ET. CEO Steve Westhoven and CFO Roberto Bel will share insights into the company's financial and operational performance. NJR offers natural gas and clean energy services through its subsidiaries, including over 7,700 miles of infrastructure serving more than 569,300 customers. The company is committed to energy efficiency and conservation initiatives, enhancing customer savings.
New Jersey Resources (NYSE: NJR) announced executive promotions aimed at enhancing its growth strategy and IT priorities. Jacqueline K. Shea has been promoted to Senior Vice President and Chief Information Officer, overseeing the digital transformation and IT portfolio planning. Stephen Skrocki has been named Principal Accounting Officer, contributing to accounting functions since 2017. These leadership changes take effect on January 1, 2023, reflecting NJR's commitment to strong governance and operational excellence.
New Jersey Resources Corporation (NJR) reported strong financial results for fiscal 2022, with consolidated net income of $274.9 million, a significant increase from $117.9 million in 2021. The company achieved net financial earnings (NFE) of $240.3 million, or $2.50 per share, up from $207.7 million in the prior year. NJR also announced a 7.6% increase in its dividend, now $1.56 per share. For fiscal 2023, NJR introduced NFE guidance of $2.42 to $2.52 per share, maintaining its long-term growth rate projection of 7-9%.
The Board of New Jersey Resources Corporation (NYSE: NJR) has announced a quarterly dividend of
New Jersey Resources (NYSE: NJR) announced the appointment of Lori DelGiudice as Senior Vice President of Human Resources, effective November 7, 2022. With over 20 years of HR expertise, she will oversee human capital management strategies to enhance workforce potential. DelGiudice previously held a vice presidential role at Honeywell International, managing HR for a global workforce. NJR is a Fortune 1000 energy infrastructure company with nearly 1,300 employees, focusing on natural gas and clean energy services across six states.
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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