New Jersey Resources Corp - Company Profile
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New Jersey Resources Corp (NJR) is an energy holding company that carries out the distribution of natural gas through a regulated utility. It provides regulated retail natural gas service to residential and commercial customers in central and northern New Jersey. It operates solar projects to offer residential and commercial customers low-carbon solutions by generating clean power. The company provides home comfort solutions including HVAC installations, service contracts for heating and cooling systems, plumbing and electrical services, standby generators, and solar lease and purchase plans. It also provides unregulated wholesale energy management services to natural gas producers and other energy companies. NJR is headquartered in Wall, New Jersey, the US.
Headquarters
United States of America
Address
1415 Wyckoff Rd, Po Box 1468, Belmar, New Jersey, 07719
Website
www.njresources.com
Telephone
1 732 9381000
No of Employees
1,376
Industry
Energy and Utilities
Ticker Symbol & Exchange
NJR (NYSE)
Revenue (2025)
$2.0B
13.4%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
15.8%
(2025 vs 2024)
Market Cap*
$5.6B
Net Profit Margin (2025)
XYZ
2.2%
(2025 vs 2024)
* As of and is in US$
New Jersey Resources Corp premium industry data and analytics
Products and Services
| Services |
|---|
| Energy Management Services |
| Energy Services |
| Natural Gas Distribution |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Corporate Changes/Expansions | In April, New Jersey Natural Gas opened SAVEGREEN Innovation and Training Annex in Atlantic Highlands, New Jersey, Monmouth County, the US. |
| 2024 | Others | In May, New Jersey Natural Gas installed two CarbinX carbon-capture systems at its Wall, New Jersey, the US. |
| 2019 | Contracts/Agreements | In September, NJR signed an agreement to acquire Leaf River Energy Center from Macquarie Infrastructure Partners for US$367.5 million. |
Competitor Comparison
| Key Parameters | New Jersey Resources Corp | Public Service Enterprise Group Inc | NiSource Inc | Atmos Energy Corp | Southern Company Gas |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Belmar | Newark | Merrillville | Dallas | Atlanta |
| State/Province | New Jersey | New Jersey | Indiana | Texas | Georgia |
| No. of Employees | 1,376 | 13,047 | 7,687 | 5,487 | 4,900 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Donald L. Correll | Chairman | Executive Board | 2020 | 74 |
| Stephen D. Westhoven | Chief Executive Officer; Director; President | Executive Board | 2019 | 56 |
| Roberto Bel | Chief Financial Officer; Senior Vice President | Senior Management | 2022 | 51 |
| Jacqueline K. Shea | Chief Information Officer; Senior Vice President | Senior Management | 2023 | 60 |
| Stephen Skrocki | Chief Risk Officer | Senior Management | 2026 | 48 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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