Highest-materiality recent filing
NJNG files base rate case seeking $157.6M increase; offers 8.9% winter bill cut
NJNG seeks $157.6M delivery rate increase (12.7% avg customer) with 7.60% return on rate base, 10.10% ROE, 55.5% equity.
NJR Q2 net income $218.9M ($2.17/sh); raises FY2026 NFEPS guidance to $3.48-$3.63
Q2 net income $218.9M ($2.17/sh) vs $204.3M ($2.04/sh) YoY; NFE $221.5M ($2.20/sh) vs $178.3M ($1.78/sh).
NJR Q1 net income $122.5M; raises fiscal 2026 guidance by $0.25 to $3.28-$3.43
Q1 GAAP EPS $1.22 vs $1.32 prior year; net income $122.5M down from $131.3M.
NJR shareholders approve 2026 stock incentive plan; appoints new principal accounting officer
Shareholders approved the 2026 Stock Award and Incentive Plan, details in proxy.
NJR fiscal 2025 EPS $3.35; Q4 EPS $0.15; FY2026 guidance $3.03-$3.18
Fiscal 2025 net income $335.6M ($3.35 EPS) vs $289.8M ($2.94); NFEPS $3.29 at high end of guidance.
NJR approves fiscal 2026 executive incentive plan and long-term equity awards
LDCC approved FY2026 Officer Annual Incentive Plan: CEO target 110% of base salary; other NEOs 40-60%; payout range 0-150% of target.
Amy B. Mansue elected to NJR Board, effective November 1, 2025
Board size increased from 11 to 12 directors; unanimous election of Amy B. Mansue.
NJNG issues $200M senior notes in two tranches at 5.16% and 5.85% due 2035 and 2055
NJNG sold $100M of 5.16% Senior Notes due 2035 and $100M of 5.85% Senior Notes due 2055.
NJR Q3 net loss $(0.15)/share; raises FY2025 NFEPS guidance to $3.20-$3.30
Q3 net loss $(15.1M) ($0.15/shr); NFE $6.2M ($0.06/shr) vs loss $(8.9M) prior year.
Investor meetings in London and Zurich on June 16-17, 2025.
NJR Q2 net income $204M ($2.04/sh); raises FY25 NFEPS guidance to $3.15-$3.30
Q2 net income $204.3M ($2.04/shr) vs $120.8M ($1.23) year ago, a 69% increase.
William T. Yardley elected to NJR board, effective July 1, 2025
Board size increased from 10 to 11; Yardley elected unanimously effective July 1, 2025.
NJR Q1 net income up 47% YoY to $1.32 EPS; base rate hike & solar sale boost results
Net income $131.3M ($1.32 EPS) vs $89.4M ($0.91) YoY; NFE $128.9M ($1.29) vs $72.4M ($0.74).
NJR shareholders re-elect three directors and approve say-on-pay at annual meeting
Gregory E. Aliff, Thomas C. O'Connor, and Michael A. O'Sullivan re-elected for three-year terms expiring 2028.
NJR reports FY2024 NFEPS $2.95 at high end of guidance; sells residential solar for $132.5M
Fiscal 2024 net income $289.8M ($2.94 EPS); NFEPS $2.95, at high end of raised guidance.
NJNG receives BPU approval for $157M base rate increase; rate base rises 29% to $3.245B
NJNG's $157M base rate increase approved by NJ BPU; effective Nov 21, 2024.
NJR issues $100M of 5.55% Senior Notes due 2034 for general corporate purposes
Issued $100M of 5.55% Senior Notes, Series 2024A, due Nov 7, 2034, in private placement.
NJ Natural Gas issues $75M of 5.49% Senior Notes due 2034
NJNG issued $75M of 5.49% Senior Notes, Series 2024B, due September 30, 2034.
NJR reduces credit facility to $575M, extends maturity to 2029; NJNG extends to 2029
NJR's revolving credit facility reduced from $650M to $575M.
NJR reports Q3 net loss of $11.6M; reaffirms FY2024 NFEPS guidance $2.85-$3.00
Consolidated net loss $(11.6)M vs net income $1.5M in Q3 fiscal 2023.
NJR board amends bylaws to update advance notice provisions and clarify meeting chair
Advance notice provisions for shareholder director nominations and related information updated (Article I, Section 4).
NJNG (NJR subsidiary) issues $200M senior notes in two tranches at 5.82% and 5.49%
NJNG issues $125M of 5.82% Senior Notes due 2054 and $75M of 5.49% Senior Notes due 2034 to institutional investors.
NJR Q2 NFEPS $1.41 beats $1.16 YoY; reaffirms FY24 guidance $2.85-$3.00
Net income $120.8M ($1.23 EPS) vs $110.2M ($1.14) in Q2 fiscal 2023.
On April 16, 2025, the board of directors (the “Board”) of New Jersey Resources Corporation ("NJR" or the "Company") increased the size of the Board from ten to eleven directors and unanimously elected William T. Yardley as a director, effective as of July 1, 2025.
Max materiality 0.85 · Median 0.50 · Most common event earnings