New Jersey Resources CorpNJR
What New Jersey Resources Corp does.
New Jersey Resources Corporation is a New Jersey corporation and a diversified energy services holding company whose principal business is the distribution of natural gas through a regulated utility, investing in and operating clean energy projects and natural gas storage and transportation assets, and providing other retail and wholesale energy services to customers. We are an exempt holding company under Section 1263 of the Energy Policy Act of 2005.
New Jersey Natural Gas Company provides regulated natural gas utility service to residential and commercial customers throughout Burlington, Middlesex, Monmouth, Morris, Ocean and Sussex counties in New Jersey and participates in the off-system sales and capacity release markets. NJNG, a local natural gas distribution company, is regulated by the BPU and comprises the Company’s Natural Gas Distribution segment.
NJR Clean Energy Ventures Corporation includes the results of operations and assets related to the Company’s unregulated capital investments in clean energy projects. NJRCEV comprises the Company’s Clean Energy Ventures segment.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $833.7M | $852.1M | $1.2B | $1.1B | $1.2B | $1.4B |
| Net income | $163.0M | $117.9M | $274.9M | $264.7M | $289.8M | $335.6M |
| Free cash flow | — | — | — | — | — | — |
More on NJR.
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Figures from New Jersey Resources Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.