secwatch.observer — SEC 8-K summary
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Issuer:     NEW JERSEY RESOURCES CORP (NJR)
CIK:        0000356309
Form:       8-K
Filed at:   2023-11-21T23:59:59+00:00
Accession:  0001140361-23-054123
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NJR reports fiscal 2023 NFE $2.70/share, introduces FY2024 guidance $2.70-$2.85, raises dividend 7.7%
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- Fiscal 2023 NFE $261.8M ($2.70/share) vs. $240.3M ($2.50); net income $264.7M vs. $274.9M.
- Fiscal 2024 NFEPS guidance $2.70–$2.85; long-term NFEPS growth rate reaffirmed at 7–9%.
- Quarterly dividend increased 7.7% to $1.68/share annualized.
- Energy Services segment NFE surged to $68.5M from $39.1M, benefiting from Winter Storm Elliott.
- Clean Energy Ventures NFE rose to $44.5M; NJNG NFE declined to $131.4M from $140.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/356309/000114036123054123/0001140361-23-054123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/356309/000114036123054123/ef20014922_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-054123

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