---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-041993"
form_type: "8-K"
ticker: "NJR"
cik: "0000356309"
company_name: "NEW JERSEY RESOURCES CORP"
filed_at: "2022-11-17T23:59:59+00:00"
generated_at: "2026-06-21T16:57:11.050499+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NJR reports FY2022 NFE $2.50/share; guides FY2023 $2.42-$2.52; dividend raised 7.6%

## Summary
- FY2022 net income $274.9M ($2.86 EPS) vs $117.9M ($1.23); NFE $240.3M ($2.50) vs $207.7M ($2.16).
- Q4 net income $54.5M ($0.57) vs loss ($1.1M) prior year; Q4 NFE $47.9M ($0.50) vs $6.6M ($0.07).
- FY2023 NFE guidance $2.42-$2.52 per share; long-term NFEPS growth rate maintained at 7-9%.
- Annual dividend raised 7.6% to $1.56 per share (from $1.45).
- Adelphia Gateway pipeline placed in service, providing capacity to Philadelphia metro region.

## SEC filing metadata
- accession: 0001140361-22-041993
- form_type: 8-K
- ticker: NJR
- cik: 0000356309
- company_name: NEW JERSEY RESOURCES CORP
- filed_at: 2022-11-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/356309/000114036122041993/0001140361-22-041993-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/356309/000114036122041993/brhc10044169_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-041993
- JSON: https://secwatch.observer/filing/0001140361-22-041993.json
- Plain text: https://secwatch.observer/filing/0001140361-22-041993.txt

## Key facts
- Earnings Releases
  NEW JERSEY RESOURCES CORP reported the fourth fiscal quarter ended September 30, 2022 results: net income $54.5 million, EPS $0.57 per share. Guidance initiated.
  - Period: the fourth fiscal quarter ended September 30, 2022
  - Net income: $54.5 million
  - EPS: $0.57 per share
  - Guidance: initiated
  - Result: reported results
  source text: Fourth -quarter fiscal 2022 net income totaled $54.5 million , or $0.57 per share, compared with a net loss of $(1.1) million , or $(0.01) per share, during the same period in fiscal 2021 .
  evidence_url: https://www.sec.gov/Archives/edgar/data/356309/000114036122041993/0001140361-22-041993-index.htm
- Earnings Releases
  NEW JERSEY RESOURCES CORP reported the fiscal year ended September 30, 2022 results: net income $274.9 million, EPS $2.86 per share. Guidance initiated.
  - Period: the fiscal year ended September 30, 2022
  - Net income: $274.9 million
  - EPS: $2.86 per share
  - Guidance: initiated
  - Result: reported results
  source text: Fiscal 2022 net income totaled $274.9 million, or $2.86 per share, compared with $117.9 million, or $1.23 per share, in fiscal 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/356309/000114036122041993/0001140361-22-041993-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.