New Jersey Resources Corp

NJR: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$19.00	Rfbzhzx	Mnzkrzq

New Jersey Resources Has Attractive Portfolio of Assets Around Its Core Utility

Travis Miller

Feb 3, 2023

Business Strategy and Outlook

New Jersey Resources remains at its core a growing regulated gas distribution utility. However, management's investments in nonregulated energy businesses such as solar and natural gas midstream are paying off nicely for investors.

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