NJR

New Jersey Resources

Utilities Utilities - Regulated Gas NYSE

About the company

New Jersey Resources (NJR) is a leading energy services holding company based in New Jersey, with both regulated and nonregulated operations. With a strong focus on providing efficient and reliable energy solutions, NJR plays a significant role in meeting the energy needs of the state. One of NJR's major subsidiaries is New Jersey Natural Gas (NJNG), a regulated utility that distributes natural gas to over 570,000 residential and commercial customers across the state. NJNG ensures the safe and secure delivery of natural gas, providing a cost-effective and environmentally friendly energy option to its customers. As a regulated utility, NJNG works closely with various government agencies and abides by strict regulations to maintain the highest standards of service and safety. In addition to its regulated operations, NJR has diversified its portfolio to include nonregulated businesses. One prominent aspect of NJR's nonregulated ventures is its investment in solar energy projects, primarily in New Jersey. NJR recognizes the importance of renewable energy sources in reducing carbon emissions and promoting sustainability. Through its solar investments, NJR contributes to the development of clean and green energy solutions, helping to create a more environmentally conscious future. Furthermore, NJR has made strategic investments in several large midstream gas projects. These investments enable NJR to participate in the transportation and storage of natural gas, enhancing the company's ability to deliver reliable energy solutions to its customers. By expanding its presence in the midstream sector, NJR ensures a secure and efficient supply of natural gas, bolstering the state's energy infrastructure. As an energy services holding company, NJR is committed to the well-being of the communities it serves. The company actively engages in charitable initiatives and offers assistance programs to help its customers in need. Through partnerships with local organizations, NJR supports various community projects, promoting education, safety, and environmental stewardship. NJR embraces innovation and technology to drive efficiency and sustainability in its operations. The company continually explores advanced methods and employs cutting-edge technologies to enhance energy delivery and reduce its environmental footprint. By adopting innovative solutions, NJR remains at the forefront of the evolving energy landscape, ensuring a secure and resilient energy future for New Jersey. With a strong focus on customer satisfaction, NJR consistently strives to deliver exceptional service and value to its customers. The company's dedicated team of professionals works tirelessly to maintain the reliability and affordability of its natural gas services. Customer-centricity is at the core of NJR's operations, and the company actively seeks feedback and engages with its customers to better understand their needs and expectations. In conclusion, New Jersey Resources is a premier energy services holding company that serves as a vital link in meeting New Jersey's energy demands. Through its regulated utility, New Jersey Natural Gas, NJR delivers natural gas to a large customer base, while its nonregulated ventures in solar investments and midstream gas projects ensure a greener and more resilient energy future. Committed to community welfare and technological innovation, NJR continues to play a pivotal role in driving energy efficiency and sustainability in the state.

Website: https://www.njresources.com

Data updated: June 2, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Utilities · 120 peers in sector

Metric NJR Sector median Vs. industry
P/E 15.92 19.39 ↓ Below average
EPS 3.37 USD 1.73 USD ↑ Above average
Dividend yield 3.39% 2.88% ↑ Above average
Profit margin 15.67% 10.62% ↑ Above average
ROE 13.32% 8.13% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

Financial statements & historical data

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Frequently Asked Questions

What is New Jersey Resources?
New Jersey Resources (NJR) is a leading energy services holding company based in New Jersey, with both regulated and nonregulated operations. With a strong focus on providing efficient and reliable energy solutions, NJR plays a significant role in meeting the energy needs of the state. One of NJR's major subsidiaries is New Jersey Natural Gas (NJNG), a regulated utility that distributes natural gas to over 570,000 residential and commercial customers across the state. NJNG ensures the safe and secure delivery of natural gas, providing a cost-effective and environmentally friendly energy option to its customers. As a regulated utility, NJNG works closely with various government agencies and abides by strict regulations to maintain the highest standards of service and safety. In addition to its regulated operations, NJR has diversified its portfolio to include nonregulated businesses. One prominent aspect of NJR's nonregulated ventures is its investment in solar energy projects, primarily in New Jersey. NJR recognizes the importance of renewable energy sources in reducing carbon emissions and promoting sustainability. Through its solar investments, NJR contributes to the development of clean and green energy solutions, helping to create a more environmentally conscious future. Furthermore, NJR has made strategic investments in several large midstream gas projects. These investments enable NJR to participate in the transportation and storage of natural gas, enhancing the company's ability to deliver reliable energy solutions to its customers. By expanding its presence in the midstream sector, NJR ensures a secure and efficient supply of natural gas, bolstering the state's energy infrastructure. As an energy services holding company, NJR is committed to the well-being of the communities it serves. The company actively engages in charitable initiatives and offers assistance programs to help its customers in need. Through partnerships with local organizations, NJR supports various community projects, promoting education, safety, and environmental stewardship. NJR embraces innovation and technology to drive efficiency and sustainability in its operations. The company continually explores advanced methods and employs cutting-edge technologies to enhance energy delivery and reduce its environmental footprint. By adopting innovative solutions, NJR remains at the forefront of the evolving energy landscape, ensuring a secure and resilient energy future for New Jersey. With a strong focus on customer satisfaction, NJR consistently strives to deliver exceptional service and value to its customers. The company's dedicated team of professionals works tirelessly to maintain the reliability and affordability of its natural gas services. Customer-centricity is at the core of NJR's operations, and the company actively seeks feedback and engages with its customers to better understand their needs and expectations. In conclusion, New Jersey Resources is a premier energy services holding company that serves as a vital link in meeting New Jersey's energy demands. Through its regulated utility, New Jersey Natural Gas, NJR delivers natural gas to a large customer base, while its nonregulated ventures in solar investments and midstream gas projects ensure a greener and more resilient energy future. Committed to community welfare and technological innovation, NJR continues to play a pivotal role in driving energy efficiency and sustainability in the state.
Are New Jersey Resources shares expensive?
The price-to-earnings (P/E) ratio of New Jersey Resources is 15.92 — the share price is 15.92 times the annual profit per share. That is lower than the typical company in the same industry (industry median: 19.39). This is information, not a recommendation. (as of 2026-06-02)
How big is New Jersey Resources?
The market capitalization of New Jersey Resources — the combined value of all its shares — is 5.42 B USD. The higher the market cap, the larger the company. (as of 2026-06-02)
Does New Jersey Resources pay dividends?
The dividend yield of New Jersey Resources is 3.39% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-02)
What sector does New Jersey Resources belong to?
New Jersey Resources operates in the Utilities sector, industry: Utilities - Regulated Gas.

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