Highest-materiality recent filing
NJR reports Q3 net income $9.7M vs loss; tightens FY2026 NFEPS guidance to $3.52-$3.62
Q3 net income $9.7M ($0.10 EPS) vs net loss of $15.1M (-$0.15 EPS) in prior year.
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 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 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.
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.
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 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 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.
NJR Q1 NFE falls to $72.4M ($0.74/share) YoY; raises FY2024 guidance to $2.85-$3.00
Consolidated net income of $89.4M ($0.91 EPS) vs $115.9M ($1.20 EPS) in Q1 FY23.
NJNG files $222.6M base rate case with NJ BPU; seeks 10.42% ROE
NJNG requests $222.6M delivery rate increase; reflects ~$850M infrastructure investments since 2021.
Fiscal 2023 NFE $261.8M ($2.70/share) vs. $240.3M ($2.50); net income $264.7M vs. $274.9M.
NJNG subsidiary issues $100M in senior notes: $50M 5.56% due 2033, $50M 5.85% due 2053
NJNG issued $50M 5.56% Senior Notes due 2033 (Series A) closed Sep 28; $50M 5.85% Senior Notes due 2053 (Series B) closing Oct 30.
NJR reports Q3 FY2023 net income $1.5M; NFE $0.10/share; reaffirms FY guidance $2.62-$2.72
Q3 GAAP net income $1.5M ($0.02 EPS) vs $13.1M ($0.14 EPS) year ago.
NJR Q2 net income $110.2M vs $96.0M; NFEPS $1.16 vs $1.36; reaffirms FY guidance $2.62-$2.72
Net income $110.2M ($1.14 EPS) vs $96.0M ($1.00) YoY; year-to-date net income $226.2M.
NJR Q1 fiscal 2023 NFE $1.14/share vs $0.69 YoY; raises FY2023 guidance to $2.62-$2.72
Consolidated net financial earnings (NFE) of $110.3M, or $1.14/share, up from $65.8M ($0.69/share) YoY.
NJR reports FY2022 NFE $2.50/share; guides FY2023 $2.42-$2.52; dividend raised 7.6%
FY2022 net income $274.9M ($2.86 EPS) vs $117.9M ($1.23); NFE $240.3M ($2.50) vs $207.7M ($2.16).
NJNG issues $100M in senior notes via private placement
$50M Series A at 4.37% due May 27, 2037; $50M Series B at 4.71% due May 27, 2052.
NJR Q2 fiscal 2022 NFE down 24% YoY to $1.36/share; raises FY22 NFE guidance to $2.30-$2.40
Consolidated net income $96.0M ($1.00 EPS) vs $149.8M ($1.56 EPS) in Q2 fiscal 2021.
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.
unanimously elected Peter C. Harvey as a director, effective as of the Election Date.
appointed Stephen Skrocki to serve as Principal Accounting Officer of the Company, effective January 1, 2023.
Mr. Robert B. Evans, age 74, who has been a director since 2009, has announced that he will retire from the Board effective at the 2023 Annual Meeting.
elected Michael O’Sullivan as a director, effective as of October 27, 2022.
Mr. David A. Trice, age 74, who has been a director since 2004 and whose term expires at the 2023 Annual Meeting has announced that he will not stand for re-election to the Board and will therefore retire from the Board effective at the 2023 Annual Meeting.
On June 9, 2022, Amanda E. Mullan, Senior Vice President and Chief Human Resources Officer of New Jersey Resources Corporation resigned from her position effective July 1, 2022, to pursue another professional opportunity.
Timothy F. Shea, Vice President, Energy Services of NJR Energy Services Company (“NJRES”), the unregulated wholesale natural gas marketing business of New Jersey Resources Corporation (the “Company”), is retiring after 23 years with the Company, effective February 28, 2022.
The Board appointed Roberto Bel to serve as Senior Vice President and Chief Financial Officer of the Company, effective January 1, 2022.
The Company also announced that Tim Shea, Vice President, Energy Services of NJR Energy Services Company, the Company’s unregulated wholesale natural gas marketing business, is retiring after 23 years with the Company, effective February 2022.
The Board appointed Patrick Migliaccio to serve as Senior Vice President and Chief Operating Officer of New Jersey Natural Gas Company (“NJNG”), a wholly-owned subsidiary of the Company, effective January 1, 2022.
Max materiality 0.85 · Median 0.50 · Most common event earnings