Headquartered in Wall, NJ Fiscal year ends September NYSE: NJR njresources.com
New Jersey Resources Corporation (NYSE: NJR) is a diversified energy infrastructure and energy services company composed of five primary businesses. New Jersey Natural Gas (NJNG), the principal subsidiary, operates and maintains natural gas transportation and distribution infrastructure serving approximately 595,000 customers across six New Jersey counties. Clean Energy Ventures (CEV) invests in, owns, and operates commercial solar projects with approximately 537 MW of installed capacity across seven states, making it the largest solar owner-operator in New Jersey. Storage and Transportation (S&T) owns and operates midstream assets including the Leaf River salt cavern storage facility in Mississippi, the Adelphia Gateway interstate pipeline in Pennsylvania, and a 50% interest in the Steckman Ridge storage facility. Energy Services (ES) manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions to customers across North America through a capital-light, fee-based model. NJR Home Services provides residential service contracts, HVAC installations, plumbing, electrical services, and home comfort solutions throughout New Jersey. The company has over 1,300 employees and has raised its dividend for 30 consecutive years. Updated
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New Jersey Resources Corporation (NYSE: NJR) is a diversified energy infrastructure and energy services company composed of five primary businesses.
24/7 Wall St.'s 12-month price target for NJR is $76.98, rated Buy. The Wall Street consensus target is $59.71. NJR price prediction →
