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NewJersey Resources Corporation
NJ1New Jersey Resources Corporation, an energy services holding company, distributes natural gas. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 576,000 customers in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates clean energy projects, including commercial and residential solar installation situated in New Jersey, Rhode Island, New York, Connecticut, Michigan, and Indiana. The Energy Services segment maintains and operates natural gas transportation and storage capacity contracts, as well as provides physical wholesale energy, retail energy and energy management services in the United States and Canada. The Storage and Transportation segment invests in invests in energy-related ventures. It provides heating, ventilation, and cooling services; sales and installation of appliances; offers solar equipment installation, and plumbing repair and installation services; and holds commercial real estate properties. The company was incorporated in 1981 and is headquartered in Wall, New Jersey. Address: 1415 Wyckoff Road, Wall, NJ, United States, 07719
Analytics
WallStreet Target Price
50.71 USDP/E ratio
20.1723Dividend Yield
3.75 %Current Year
Last Year
Current Quarter
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Current Year
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Key Figures NJ1
Dividend Analytics NJ1
Dividend growth over 5 years
43 %Continuous growth
10 yearsPayout Ratio 5 years average
64 %Dividend History NJ1
Stock Valuation NJ1
Financials NJ1
Results | 2019 | Dynamics |