secwatch.observer — SEC 8-K summary
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Issuer:     NEW JERSEY RESOURCES CORP (NJR)
CIK:        0000356309
Form:       8-K
Filed at:   2022-11-17T23:59:59+00:00
Accession:  0001140361-22-041993
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/356309/000114036122041993/0001140361-22-041993-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/356309/000114036122041993/brhc10044169_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-041993

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