New Jersey Resources Corp - Company Profile
Powered by 
All the sales intelligence you need on New Jersey Resources Corp in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how New Jersey Resources Corp fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with New Jersey Resources Corp.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Business Description
New Jersey Resources Corp (NJR) is an energy holding company that distributes natural gas. The company distributes natural gas through a regulated utility and provides other retail and wholesale energy services to customers. It also invests in clean energy projects and midstream assets.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Business Segments
- Clean Energy Ventures
- Natural Gas Distribution
- Energy Services
- Home Services and Other
- Storage and Transportation
Overview
Operates solar and onshore wind projects including commercial and residential solar installations in New Jersey, and wind farms in Kansas, Iowa, Wyoming and Pennsylvania. Major operation subsidiaries include NJR Clean Energy Ventures (NJRCEV). In FY2024, the segment incurred a capital expenditure of US$104.3 million, which declined 2.8% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Provides residential and commercial customers regulated retail natural gas service in the New Jersey counties of Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex. Operates through New Jersey Natural Gas Company (NJNG), a wholly-owned subsidiary of New Jersey Resources. Pursues customer conversion from other energy sources and focuses on new construction markets through BPU-approved mechanisms to bring down natural gas costs and tackle problems related to the seasonality of its operations. In FY2024, the segment incurred a capital expenditure of US$419.5 million, which grew 7.4% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Markets natural gas to wholesale and retail customers and manages storage assets and natural gas transportation throughout major market areas in North America. Maintains a portfolio of natural gas transportation and storage contracts and handles transportation for natural gas producers and regulated utilities.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Provides HVAC servicing, appliance sales, and appliance installation to service contract clients. It also offers solar equipment installation and plumbing repair services. NJR Service Corporation and NJR Home Services (NJRHS) are two of the company’s principal operating companies. In FY2024, the segment incurred a capital expenditure of US$2.2 million, which decreased 2.8% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Includes investments in FERC-regulated interstate natural gas storage and transportation assets. Operates subsidiaries including NJR Midstream Company and NJR Steckman Ridge Storage Company. In FY2024, the segment incurred a capital expenditure of US$45.3 million, which grew 10.8% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer